曾经"哪里风大往哪建"的风电项目投资逻辑，正在被"哪里用电往哪建"的新规则取代。 全国新能源消纳监测预警中心数据显示，截至2025年7月，全国风电平均利用率为93.8%。河北、内蒙古、黑龙江、甘肃、青海、新疆等地风电利用率已 降至90%左右，西藏地区更甚已降至69.4%，弃风限电问题正逐步严重。与此同时，136号文明确要求，新能源项目上网电量原则上全部进入电力市场，这 标志着风电投资正式进入"负荷为王"的新时代。 01 136号文下的电价变革和收益重构 136号文的出台堪称风电行业的"分水岭"政策。这份由国家发改委发布的文件最核心的变化是：彻底打破了过去风电电价"一口价"的模式，要求新能源项 目上网电量原则上全部进入电力市场，通过市场交易形成电价。 更关键的是建立了"差价结算机制"——当市场交易价格低于机制电价时给予补偿，高于机制电价时则扣除差价，这让靠近负荷中心的风电项目获得了天然 的价格优势。 几乎同步推进的绿电直连政策，则从物理层面重塑了风电的消纳路径。2025年5月，国家发改委与能源局联合发布的《关于有序推动绿电直连发展有关事 项的通知》鼓励各类经营主体投资绿电直连项目，为新能源并网消纳提供"直通车" ...

金风科技表示，公司拟签署该投资开发协议，利用巴彦淖尔市丰富的风光资源和生物质资源，充分发挥 公司自有资源和技术创新优势，进一步打造公司在风电和绿色化工领域的综合解决方案能力。值得一提 的是，该项目的拟投资金额高达189.2亿元，几乎是公司上半年净利润的十倍。今年上半年，金风科技 实现营业收入285.37亿元，同比增长41.26%；归母净利润14.88亿元，同比增长7.26%。 消息面上，金风科技公告称，拟与巴彦淖尔市人民政府签订《风电制氢氨醇一体化项目投资开发协议 书》，计划在巴彦淖尔市辖区内投资建设风电制氢氨醇项目，总投资金额约为189.2亿元，项目总体规 划建设3GW风电，所发电力80%以上用于电解水制绿氢，通过生物质气化耦合绿氢制取绿色甲醇60万 吨/年、制取绿氨40万吨/年。 智通财经APP获悉，金风科技(02208)再涨超5%，截至发稿，涨4.38%，报11.19港元，成交额1.17亿港 元。 ...

金风科技表示，公司拟签署该投资开发协议，利用巴彦淖尔市丰富的风光资源和生物质资源，充分发挥 公司自有资源和技术创新优势，进一步打造公司在风电和绿色化工领域的综合解决方案能力。值得一提 的是，该项目的拟投资金额高达189.2亿元，几乎是公司上半年净利润的十倍。今年上半年，金风科技 实现营业收入285.37亿元，同比增长41.26%；归母净利润14.88亿元，同比增长7.26%。 金风科技（002202）(02208)再涨超5%，截至发稿，涨4.38%，报11.19港元，成交额1.17亿港元。 消息面上，金风科技公告称，拟与巴彦淖尔市人民政府签订《风电制氢氨醇一体化项目投资开发协议 书》，计划在巴彦淖尔市辖区内投资建设风电制氢氨醇项目，总投资金额约为189.2亿元，项目总体规 划建设3GW风电，所发电力80%以上用于电解水制绿氢，通过生物质气化耦合绿氢制取绿色甲醇60万 吨/年、制取绿氨40万吨/年。 ...

Company Announcements - Cambrian plans to hold a half-year performance briefing on September 18, 2025, to address investor concerns, with participation from key executives [1] - BYD's senior management and core personnel collectively increased their holdings in the company's A-shares by 52.33 million yuan, acquiring a total of 488,200 shares between September 1 and September 9 [1] - Guotai Junan received approval from the China Securities Regulatory Commission to publicly issue subordinate corporate bonds with a total face value of up to 30 billion yuan [2] - Top Group's actual controller and associated parties reduced their holdings by 13.43 million shares, decreasing their total shareholding from 59.25% to 58.48% [3] - Baiyin Nonferrous received a notice of investigation from the China Securities Regulatory Commission for suspected violations of information disclosure [4] - Goldwind Technology plans to invest approximately 18.92 billion yuan in a wind power hydrogen ammonia project in cooperation with the local government [4] Performance Highlights - Xiantan Co. reported chicken product sales revenue of 516 million yuan in August, reflecting a month-on-month increase of 1.02% [4] - Shenzhen Airport recorded a passenger throughput of 5.807 million in August, a year-on-year increase of 4.07% [4] - Nanchao Foods reported a consolidated revenue of 239 million yuan in August, a year-on-year decrease of 2.41% [5] - Hehe China experienced a year-on-year decline of 21.93% in consolidated revenue for the first eight months, totaling 486 million yuan [4][5] Mergers and Acquisitions - Aimeike completed the acquisition of controlling interest in South Korea's REGEN [5] - Three Gorges Water Conservancy plans to absorb and merge its wholly-owned subsidiary, United Energy [5] - Dongyangguang intends to jointly increase capital in a joint venture for the acquisition of 100% equity in Qinhuai Data China [5] Shareholding Changes - Huazhong Steel's shareholder, Xintai Life, increased its stake in the company and plans further acquisitions [7] - Several companies, including Lanjing Technology and Sichuan Road and Bridge, announced plans for share reductions by major shareholders [6][7]

金风科技(02208)发布公告，为贯彻落实国家"双碳"目标，打造风氢氨醇一体化的示范项目，2025年9月 10日，该公司召开第九届董事会第五次会议，审议通过了《关于金风科技乌拉特中旗3GW风氢氨醇一 体化项目签订投资协议并开展申报工作的议案》，同意公司基于内蒙古风氢氨醇一体化项目申报政策要 求，进行项目申报及获取项目开发权。公司全资子公司乌拉特中旗金风润航新能源科技有限公司将进行 化工侧项目备案以及出具《落实投资承诺函》，同时公司拟与巴彦淖尔市人民政府签订《风电制氢氨醇 一体化项目投资开发协议书》，计划在巴彦淖尔市辖区内投资建设风电制氢氨醇项目，总投资金额约为 189.2亿元人民币。 ...

Core Viewpoint - The company is advancing its commitment to the national "dual carbon" goals by initiating a wind-hydrogen-ammonia integration project, with a total investment of approximately 18.92 billion RMB [1] Group 1: Project Overview - The company held its ninth board meeting on September 10, 2025, where it approved the investment agreement for the 3GW wind-hydrogen-ammonia integration project in Ulat Qianqi [1] - The project aims to construct 3GW of wind power capacity, with over 80% of the generated electricity dedicated to electrolysis for green hydrogen production [1] Group 2: Production Goals - The project is expected to produce 600,000 tons of green methanol and 400,000 tons of green ammonia annually through biomass gasification coupled with green hydrogen [1] Group 3: Investment and Agreements - The company’s wholly-owned subsidiary, Ulat Qianqi Jinfeng Runhang New Energy Technology Co., Ltd., will handle the chemical project filing and issue an investment commitment letter [1] - The company plans to sign an investment development agreement with the People's Government of Bayannur City for the wind power hydrogen methanol integration project [1]

Core Viewpoint - The company is advancing its commitment to the national "dual carbon" goals by initiating a wind-hydrogen-ammonia integrated demonstration project, with a total investment of approximately 18.92 billion RMB [1] Group 1: Project Details - The company held its ninth board meeting on September 10, 2025, where it approved the investment agreement for the 3GW wind-hydrogen-ammonia integrated project in Urat Front Banner [1] - The project aims to comply with the policy requirements for project application and development rights acquisition in Inner Mongolia [1] - The company's wholly-owned subsidiary, Urat Front Banner Jin Feng Run Hang New Energy Technology Co., Ltd., will handle the chemical side project filing and issue an investment commitment letter [1] Group 2: Government Collaboration - The company plans to sign an investment development agreement with the People's Government of Bayannur City for the wind power hydrogen ammonia integrated project [1] - The project will be constructed within the jurisdiction of Bayannur City [1]

Core Viewpoint - The company, Goldwind Technology, has announced its plan to apply for project development rights for an integrated wind-hydrogen-ammonia project in Inner Mongolia, with a total investment of approximately 18.92 billion RMB [2] Group 1: Project Details - The project will be developed by the company's wholly-owned subsidiary, Wulatezhongqi Goldwind Runhang New Energy Technology Co., Ltd., which will handle the chemical side project filing and issue an "Investment Commitment Letter" [2] - The company plans to sign an investment development agreement with the People's Government of Bayannur City for the wind-hydrogen-ammonia project [2] - The project will involve the construction of 3 GW of wind power, with over 80% of the generated electricity used for electrolysis to produce green hydrogen, resulting in the production of 600,000 tons/year of green methanol and 400,000 tons/year of green ammonia [2] Group 2: Financial Aspects - The total investment for the project is approximately 18.92 billion RMB, funded through the company's own resources and bank loans [2] - The specific impact of the agreements on the company's financial condition and operating results for the current year and future will depend on the progress and implementation of the project [2]

格隆汇9月10日丨金风科技(002202.SZ)公布，为贯彻落实国家"双碳"目标，打造风氢氨醇一体化的示范 项目，2025年9月10日，金风科技召开第九届董事会第五次会议，审议通过了《关于金风科技乌拉特中 旗3GW风氢氨醇一体化项目签订投资协议并开展申报工作的议案》，同意公司基于内蒙古风氢氨醇一 体化项目申报政策要求，进行项目申报及获取项目开发权。公司全资子公司乌拉特中旗金风润航新能源 科技有限公司将进行化工侧项目备案以及出具《落实投资承诺函》，同时公司拟与巴彦淖尔市人民政府 签订《风电制氢氨醇一体化项目投资开发协议书》，计划在巴彦淖尔市辖区内投资建设风电制氢氨醇项 目，总投资金额约为189.2亿元人民币。项目总体规划建设3GW风电，所发电力80%以上用于电解水制 绿氢，通过生物质气化耦合绿氢制取绿色甲醇60万吨/年、制取绿氨40万吨/年。 ...