Core Viewpoint - The article highlights the achievements and future goals of the Ningdong Energy and Chemical Base, emphasizing the importance of coal-to-oil technology in ensuring national energy security and advancing the development of high-end, diversified, and low-carbon products [1][2]. Group 1: Achievements - The Ningdong Energy and Chemical Base has made significant progress in coal-to-oil technology, including the independent development of the "Shenning Furnace" and breakthroughs in Fischer-Tropsch synthesis catalysts [1]. - The coal indirect liquefaction technology developed by the National Energy Group Ningxia Coal Industry Company was awarded the first prize in the National Science and Technology Progress Award in 2021, showcasing its replicable and promotable technology [1]. - The team responsible for the 4 million tons/year coal indirect liquefaction project was recognized as a "National Excellent Engineer Team" in January 2024, reflecting years of hard work and innovation [1]. Group 2: Future Goals - The company aims to leverage the rich product spectrum of Fischer-Tropsch synthesis to establish national and even world-class product standards and market influence in high-end wax, specialty solvents, and high-end lubricants [2]. - The focus will be on integrating the spirit of "practical work, dedication, innovation, and striving for excellence" into every process parameter and every drop of clean oil produced [2].

Group 1 - The article highlights the recent achievements in the construction and development of the Ningdong Energy and Chemical Base, emphasizing the importance of coal-to-oil technology for national energy security [1] - The company has made significant advancements in independent research and development, including breakthroughs in Fischer-Tropsch synthesis catalysts and large-scale coal gasification [1] - The coal indirect liquefaction technology developed by the company has been recognized with a first-class National Science and Technology Progress Award in 2021, showcasing its replicable and promotable technology [1] Group 2 - The Ningxia Coal Industry Company of the National Energy Group has been awarded the title of "National Excellent Engineer Team" for its innovative development and industrialization of a 4 million tons/year coal indirect liquefaction technology [1] - The company is now focusing on high-end, diversified, and low-carbon development, moving beyond the single goal of "fuel oil replacement" to develop high-value-added new products [1] - The company aims to establish national and even world-class product standards and market influence in coal-based high-end wax, specialty solvents, and high-end lubricants, integrating the spirit of "practical work, dedication, innovation, and striving for excellence" into every aspect of its operations [2]

Core Insights - Ningxia is focusing on developing its unique industrial advantages, particularly in modern coal chemical and clean energy industries, as well as specialty agriculture like goji berries and wine production [1][5][6] Group 1: Industrial Development - The Ningdong Gobi Desert hosts the world's largest indirect coal liquefaction project, converting 60,000 tons of coal daily into high-value products such as aviation fuel and high-end lubricants [1] - Ningxia has initiated a three-year action plan for high-quality development of its specialty industries, emphasizing the enhancement of industrial chains, bases, parks, and clusters [1][6] - The region aims to establish billion-yuan industrial chains and clusters in advanced photovoltaic, high-end equipment, and modern chemical industries [6] Group 2: Technological Innovation - Ningxia is promoting deep integration of technological innovation with industrial development, with a focus on modern coal chemical, clean energy, and specialty agriculture [2] - The region's R&D expenditure has increased by an average of 12.8% annually over the past three years, with over 80% of this funding coming from enterprises [2] - Key technological breakthroughs are targeted in areas such as coal-oil-gas coupling and high-value processing of goji berries, with over 100 major technical challenges to be addressed this year [3] Group 3: Ecological and Sustainable Development - Ningxia is committed to ecological and green development, transforming 400,000 acres of abandoned mining areas into vineyards, achieving an annual water savings of 15 million cubic meters [5] - The region's modern coal chemical industry aims to increase the proportion of clean energy usage to 50% this year, with significant water recycling initiatives [4][5] - The integration of economic and ecological benefits is a priority, with plans to enhance the green development of specialty industries [4][6]

Core Viewpoint - The collaboration between Shanxi Coal Chemical Institute and Sichuan Lutianhua Co., Ltd. aims to develop biomass-based long-chain alpha-olefins, addressing the high dependency on imported raw materials and high production costs associated with traditional petroleum routes [1][2]. Group 1: Project Overview - The project focuses on synthesizing long-chain alpha-olefins (C₆ and above) using biomass feedstocks, which can significantly reduce carbon emissions by over 60% compared to petroleum-based methods [2]. - The project will utilize a three-stage catalytic system involving hydrogenation, deoxygenation, and selective cracking of biomass oils, such as palm oil and waste oils [2]. Group 2: Technical Approach - The project employs a collaborative model involving research, engineering, and industrial application, with Shanxi Coal Chemical Institute leading the molecular sieve catalysis and catalyst design [3]. - The engineering phase will be supported by China Chemical SEDIN Engineering, ensuring continuous operation of the pilot plant for over 1,000 hours [3]. Group 3: Market and Product Focus - The products from this project will target high-value chemical markets, including high-end lubricants, oilfield additives, and environmentally friendly plasticizers, directly competing with major international players like ExxonMobil and Shell [1][2]. - Sichuan Lutianhua has a comprehensive production capacity across various chemical products, positioning it well to integrate biomass-based chemical production into its existing operations [4]. Group 4: Strategic Importance - The initiative aligns with China's "dual carbon" strategy, emphasizing the importance of biomass-based chemicals in global technological competition and industrial upgrading [1][2]. - The project aims to create a biomass-based fine chemical industry cluster, enhancing the overall value chain in the chemical sector [5].

将投中网设为"星标⭐"，第一时间收获最新推送 践行"耐心资本"，助力"原始创新"。 整理丨 刘燕秋 来源丨 投中网 "现在国家政策总体上鼓励投早、投小、投科技，以前我们很孤独，现在很多人变成我们的伙伴了。对于需要成长 15 年甚至 17 年的项目，我们支持 前 5-8 年，后面几年也要有人接棒支持，所以也呼吁国家鼓励设立接力基金、再接力基金。大家错开，不要全部投小、投早、投科技，不然大家都堵 在一起。" 4 月 16 日，在"第 19 届中国投资年会·年度峰会"上，联想之星总裁 / 主管合伙人王明耀先生发表题为"助力'原始创新'的机会与挑战"的主题演讲， 呼吁耐心资本形成接力梯队。 以下为现场演讲实录，由投中网进行整理： 各位朋友大家下午好！首先非常感谢投中给予这个平台，让我有机会和大家分享一些体会。从 2021 年开始我就在讲科创相关的主题，那时候我们就比 较清晰地感受到科技创业者的大时代已经到来了。我今天上午也在听各位业内的朋友交流，应该说 我们已经充分进入到了科创的时代。当下，国家政策 支持的力度是空前的，同时，我们这个行业也在被重塑。 刚才提到的分化和重塑，它的格局和以往不一样，或者说我们可以认为，我 ...