Group 1: Industry Overview - The number of enterprises in the paper and paper products industry reached 8,131 as of January to September 2025, an increase of 182 compared to the same period last year, representing a year-on-year growth of 2.29% [1] - The proportion of the paper and paper products industry enterprises in the total industrial enterprises is 1.56% [1] Group 2: Company Listings - Listed companies in the paper industry include: Chenming Paper (000488), Kane Co. (002012), Jingxing Paper (002067), Sun Paper (002078), Annie Co. (002235), Qifeng New Materials (002521), Qingshan Paper (600103), Minfeng Special Paper (600235), Huatai Co. (600308), Yueyang Forest Paper (600963), Bohui Paper (600966), Rongsheng Environmental Protection (603165), Xianhe Co. (603733), Songyang Resources (603863), Wuzhou Special Paper (605007), Huawang Technology (605377), and Forest Packaging (605500) [1] Group 3: Research Report - The report titled "Analysis of Development Models and Market Operation Potential of China's Paper Industry from 2026 to 2032" was published by Zhiyan Consulting [1] - Zhiyan Consulting is recognized as a leading industry consulting firm in China, specializing in in-depth industry research reports, business plans, feasibility studies, and customized services [2]

Core Viewpoint - Qing Shan Paper Industry's stock has experienced fluctuations, with a notable decline of 2.12% on November 7, 2023, closing at 3.69 CNY per share, while the company has seen a year-to-date increase of 44.82% in stock price [1] Financial Performance - For the period from January to September 2025, Qing Shan Paper Industry reported a revenue of 1.768 billion CNY, reflecting a year-on-year decrease of 11.87%, and a net profit attributable to shareholders of 64.99 million CNY, down 25.07% year-on-year [2] - The company has distributed a total of 321 million CNY in dividends since its A-share listing, with 175 million CNY distributed over the past three years [2] Stock Market Activity - As of November 7, 2023, the trading volume for Qing Shan Paper Industry was 681 million CNY, with a turnover rate of 8.17% and a total market capitalization of 8.269 billion CNY [1] - The stock has appeared on the "Dragon and Tiger List" 14 times this year, with the most recent appearance on October 20, 2023, where it recorded a net purchase of 51.29 million CNY [1] Shareholder Information - As of September 30, 2025, the number of shareholders for Qing Shan Paper Industry reached 207,900, an increase of 113.93% from the previous period, while the average circulating shares per person decreased by 53.26% to 10,640 shares [2] - Among the top ten circulating shareholders, Hong Kong Central Clearing Limited holds 17.0744 million shares, a decrease of 4.1228 million shares compared to the previous period [3] Business Overview - Qing Shan Paper Industry, established on April 1, 1993, and listed on July 3, 1997, primarily engages in the production and sales of paper products, including paper bags, board paper, and corrugated paper, as well as other products such as pharmaceuticals and electronic products [2] - The company's revenue composition includes 67.47% from the pulp industry, 15.32% from pharmaceuticals, 11.45% from paper processing, and smaller contributions from other sectors [2]

Group 1 - The A-share market in Fujian experienced a collective pullback after several days of continuous gains, with notable declines in various stocks [1] - Haixia Innovation saw a significant drop of over 11%, while Fujian Jinsen and Zhangzhou Development both fell by more than 8% [1][2] - Other companies such as Fujian Cement, Zhaobiao Co., and Fulongma also reported declines ranging from 5% to 8% [1][2] Group 2 - The total market capitalization of Haixia Innovation is approximately 7.255 billion, with a year-to-date increase of 277.78% [2] - Fujian Jinsen has a market cap of around 3.176 billion, with a year-to-date increase of 66.60% [2] - Zhangzhou Development's market cap stands at about 9.171 billion, with a year-to-date increase of 115.50% [2]

Group 1 - The A-share market in Fujian experienced a collective pullback after several days of continuous gains, with notable declines in various stocks [1] - The stock of Haixia Innovation dropped over 11%, while Fujian Jinsen, Zhangzhou Development, and Fujian Cement fell more than 8% [1] - Other companies such as Zhaobiao Co., Fulongma, Qingshan Paper, and Foxit Software also saw declines exceeding 6% [1] Group 2 - Specific stock performance data includes Haixia Innovation with a market cap of 7.255 billion and a year-to-date increase of 277.78% [2] - Fujian Jinsen had a market cap of 3.176 billion and a year-to-date increase of 66.60% [2] - Zhangzhou Development reported a market cap of 9.171 billion with a year-to-date increase of 115.50% [2] - Fujian Cement had a market cap of 3.322 billion and a year-to-date increase of 91.29% [2] - Zhaobiao Co. had a market cap of 3.952 billion with a year-to-date increase of 21.28% [2] - Fulongma's market cap was 13.3 billion with a year-to-date increase of 212.43% [2] - Qingshan Paper had a market cap of 8.358 billion with a year-to-date increase of 46.38% [2] - Foxit Software reported a market cap of 9.386 billion with a year-to-date increase of 53.54% [2] - Other companies like Jianfa Heceng, Xiamen Port, Pingtan Development, and Tianma Technology also experienced declines, with respective market caps and year-to-date increases detailed [2]

一、本次行政纠纷背景情况 2024 年 6 月，公司收到《无效宣告请求受理通知书》（案件编 号：4W118220），国家知识产权局对无效宣告请求人董艳芹向国家 知识产权局对公司一种利用超声波制浆-漂白一体化工艺（专利号： 证券代码：600103 证券简称：青山纸业 公告编号：临 2025-054 福建省青山纸业股份有限公司 关于收到《行政判决书》暨诉讼进展公告 本公司董事会及全体董事保证本公告内容不存在任何虚假记载、 误导性陈述或者重大遗漏，并对其内容的真实性、准确性和完整性承 担法律责任。 重要内容提示： 是否会对公司损益产生负面影响：本判决不会对公司的日常生 产经营产生负面影响，也不会对公司当期及未来的损益产生负面影响。 福建省青山纸业股份有限公司（以下简称公司）于近日收到北京 知识产权法院出具的《行政判决书》（（2025）京 73 行初 14605 号）， 公司因发明专利权无效宣告行政纠纷一案，不服国家知识产权局作出 的第 583283 号无效宣告请求审查决定，于法定期限内向北京知识产 权法院提起诉讼，现已审理终结。现将有关情况公告如下： 1 案件所处阶段：行政纠纷一审判决 公司所处的当事人地位：原告 ...

证券代码：600103 证券简称：青山纸业 会 议 资 料 2025 年 11 月 12 日 2025 年第二次临时股东大会会议资料 | | | | 2025 | 年第二次临时股东大会议程 2 | | | --- | --- | --- | | 2025 | 年第二次临时股东大会会议须知 | 4 | | 议案 | 1：关于修订《公司章程》的议案 | 7 | | 议案 | 2：关于取消监事会的议案 | 10 | | 议案 | 3：关于修订《股东会议事规则》的议案 | 11 | | 议案 | 4：关于修订《董事会工作规则》的议案 | 12 | | 议案 | 5：关于修订《独立董事工作制度》的议案 13 | | | 议案 | 6：关于修订《募集资金管理制度》的议案 14 | | | 议案 | 7：关于使用自有资金进行现金管理的议案 16 | | | 议案 | 8：关于使用部分闲置募集资金进行现金管理的议案 19 | | | 议案 | 9：关于实施污水处理提标改造项目的议案 25 | | 1 2025 年第二次临时股东大会会议资料 福建省青山纸业股份有限公司 2025 年第二次临时股东大会议程 ●现场会议时间：202 ...

Core Viewpoint - The Fujian sector in the A-share market has shown a counter-trend increase, with several companies experiencing significant stock price rises, indicating potential investment opportunities in this region [1][2]. Group 1: Stock Performance - Zhongneng Electric (300062) saw a rise of 10.43%, with a total market capitalization of 4.723 billion and a year-to-date increase of 44.05% [2]. - Xiamen Construction Machinery (600815) increased by 10.09%, with a market cap of 6.582 billion and a year-to-date rise of 40.00% [2]. - Snowman Group (002639) rose by 10.04%, with a market cap of 10.6 billion and a year-to-date increase of 100.00% [2]. - Pingtan Development (000592) also increased by 10.04%, with a market cap of 18.2 billion and a year-to-date rise of 228.57% [2]. - Anji Food (603696) rose by 10.03%, with a market cap of 3.147 billion and a year-to-date increase of 64.39% [2]. - Shida Group (600734) increased by 9.95%, with a market cap of 8.909 billion and a year-to-date rise of 13.30% [2]. - Zhangzhou Development (000753) saw a rise of 7.50%, with a market cap of 9.806 billion and a year-to-date increase of 130.41% [2]. - Haixia Environmental Protection (603817) increased by 5.77%, with a market cap of 4.601 billion and a year-to-date rise of 45.99% [2]. - Zhongfutong (300560) rose by 5.59%, with a market cap of 3.474 billion and a year-to-date decrease of 2.33% [2]. - Qingshan Paper (600103) increased by 5.47%, with a market cap of 9.075 billion and a year-to-date rise of 58.94% [2].

Group 1 - The Fujian sector in the A-share market is experiencing a counter-trend rise, with notable increases in several companies [1] - Zhongneng Electric has surged over 10%, while companies such as Xiamen Construction, Snowman Group, Pingtan Development (14 consecutive trading days with gains), Anji Food, and Shida Group have reached the 10% daily limit [1] - Zhangzhou Development has increased by over 7%, and Haixia Environmental Protection, Zhongfutong, and Qingshan Paper have risen by over 5% [1]

Market Performance - The paper sector increased by 1.64% on November 3, with Huatai Co. leading the gains [1] - The Shanghai Composite Index closed at 3976.52, up 0.55%, while the Shenzhen Component Index closed at 13404.06, up 0.19% [1] Individual Stock Performance - Huatai Co. (600308) closed at 4.09, up 9.95% with a trading volume of 671,300 shares and a turnover of 264 million yuan [1] - Qingshan Paper (600103) closed at 3.79, up 5.87% with a trading volume of 3,378,700 shares and a turnover of 1.279 billion yuan [1] - Other notable performers include Banwang Technology (605377) up 3.29%, Zhixing Paper (002067) up 3.19%, and Bohui Paper (600966) up 3.01% [1] Capital Flow Analysis - The paper sector saw a net inflow of 146 million yuan from institutional investors, while retail investors experienced a net outflow of 130 million yuan [2] - The main capital inflow was observed in Qingshan Paper with 81.69 million yuan, while Huatai Co. had a net outflow of 28.39 million yuan from retail investors [3] Summary of Trading Data - The trading data for various stocks in the paper sector indicates a mix of performance, with some stocks experiencing significant gains while others faced declines [2][3] - The overall trading volume and turnover reflect active participation in the paper sector, highlighting investor interest [1][2]

Group 1 - Huatai Co. experienced a sharp increase, hitting the daily limit up [1] - Qingshan Paper Industry rose over 6% [1] - Other companies such as Jingxing Paper, Yibin Paper, Wuzhou Special Paper, Huawang Technology, and Kain Co. also saw gains [1]