华创证券有限责任公司 关于 云南景谷林业股份有限公司 向特定对象发行股票 之 发行保荐书 保荐机构（主承销商） 住所：贵州省贵阳市云岩区中华北路 216 号华创大厦 二〇二四年十二月 云南景谷林业股份有限公司向特定对象发行股票 发行保荐书 保荐机构声明 华创证券有限责任公司（以下简称"华创证券"、"保荐机构"、"本机 构"）接受云南景谷林业股份有限公司（以下简称"公司"、"发行人"、"景 谷林业"）的委托，作为其向特定对象发行股票之保荐机构及主承销商，根据《公 司法》《证券法》《上市公司证券发行注册管理办法》（以下简称《管理办法》） 《证券发行上市保荐业务管理办法》等有关法律、法规和中国证监会的有关规定 对发行人进行尽职调查、审慎核查后，并经本机构内核委员会会议审议通过，同 意向中国证监会、上海证券交易所推荐发行人申请本次向特定对象发行股票，本 机构按照中国证监会发布的《发行证券的公司信息披露内容与格式准则第 27 号 —发行保荐书和发行保荐工作报告》的规定出具《华创证券有限责任公司关于云 南景谷林业股份有限公司向特定对象发行股票之发行保荐书》（以下简称"本发 行保荐书"）。 本保荐机构及保荐代表人根据《公司 ...

云南景谷林业股份有限公司 2024 年第二次临时股东会 会议资料 2024 年 12 月 会议须知 各位股东及股东代表： 为了维护全体股东的合法权益，确保股东会的正常秩序和议事效率,根据中 国证监会发布的《上市公司股东大会规则》，以及《云南景谷林业股份有限公司 章程》和《股东会议事规则》的规定，特制订本须知： 一、参加股东会的人员为截止 2024 年 12 月 5 日交易结束后在中国证券登 记结算有限责任公司上海分公司登记在册的公司所有股东（包括股东委托的代 理人）、公司董事、监事、高级管理人员、聘请的律师及董事会邀请的有关人员。 二、全体与会股东应当认真履行其法定义务，不得侵犯其他股东的权益， 不得扰乱会议的正常秩序，参加股东会的股东或股东代表及进入会议现场人员 要保持现场安静，请关闭手机及其他通讯设备。 三、股东会召开期间，只接受股东或股东代表发言或提问。股东参加股东 会，依法享有发言权、质询权、表决权等权利。股东或股东代表在征得股东会 主持人的许可后进行发言，应向股东会报告姓名或单位名称及持有股份数。 四、股东或股东委托代理人在股东会上发言，必须经会议主持人许可，股 东或股东代表在发言时，应言简意赅，尽 ...

证券代码：600265 证券简称：景谷林业 公告编号：2024-062 云南景谷林业股份有限公司 提请公司董事会授权汇银木业法定代表人在不超过上述申请额度、有效期、 贷款利率、贷款条件的情况下，全权代表汇银木业签署上述信用贷款额度内的 各项法律文件（包括但不限于有关的申请书、合同、协议等文件），授权期限 自董事会审议通过之日起至上述银行审批的贷款期限终止之日止。 本次申请银行贷款事项不构成关联交易，不构成重大资产重组，在公司董 事会审批权限内，无需提交股东会审议。 二、银行借款的余额情况 2023 年 3 月 30 日，公司召开第八届董事会 2023 年第二次临时会议，审议 通过《关于控股子公司向银行申请借款及综合授信额度并接受关联方担保暨关 联交易的议案》，同意汇银木业向沧州银行白沟新城支行申请总额为 2 亿元人民 币的流动资金借款和不超过 5,000 万元人民币的综合授信额度（详情可见公司 2023 年 3 月 31 日披露于上海证券交易所网站（www.sse.com.cn）的《关于控 股子公司向银行申请借款及综合授信额度并接受关联方担保暨关联交易的公告》 （公告编号：2023-019））。同日，汇银木业 ...

证券代码：600265 证券简称：景谷林业 公告编号：2024-060 云南景谷林业股份有限公司 第八届董事会2024年第五次临时会议决议公告 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。 详情可见公司同日披露于上海证券交易所网站（www.sse.com.cn）的《关 于续聘会计师事务所的公告》（公告编号：2024-061）。 2、会议以 7 票同意，0 票弃权，0 票反对，审议通过《关于控股子公司向 银行申请信用贷款的议案》； 详情可见公司同日披露于上海证券交易所网站（www.sse.com.cn）的《关 于控股子公司向银行申请信用贷款的公告》（公告编号：2024-062）。 3、会议以 7 票同意，0 票弃权，0 票反对，审议通过《关于提请召开 2024 年第二次临时股东会的议案》。 详情可见公司同日披露于上海证券交易所网站（www.sse.com.cn）的《关 于召开 2024 年第二次临时股东会的公告》（公告编号：2024-063）。 特此公告。 云南景谷林业股份有限公司董事会 2024 年 11 月 9 日 云南景 ...

证券代码：600265 证券简称：景谷林业 公告编号：2024-061 云南景谷林业股份有限公司 关于续聘会计师事务所的公告 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： 一、拟聘任会计师事务所的基本情况 （一）机构信息 1、基本信息 （1）机构名称：中审众环会计师事务所（特殊普通合伙）（以下简称"中 审众环"） （2）成立日期：中审众环始创于 1987 年，是全国首批取得国家批准具有 从事证券、期货相关业务资格及金融业务审计资格的大型会计师事务所之一。 根据财政部、证监会发布的从事证券服务业务会计师事务所备案名单，中审众 环具备股份有限公司发行股份、债券审计机构的资格。2013 年 11 月，按照国 家财政部等有关要求转制为特殊普通合伙制。 （3）组织形式：特殊普通合伙企业 4、投资者保护能力 中审众环每年均按业务收入规模购买职业责任保险，并补充计提职业风险 金，购买的职业保险累计赔偿限额 8 亿元，目前尚未使用，可以承担审计失败 导致的民事赔偿责任。 5、诚信记录 （1）中审众环最近 3 年未受到刑事处罚 ...

证券代码：600265 证券简称：景谷林业 公告编号：2024-063 云南景谷林业股份有限公司 关于召开 2024 年第二次临时股东会的通知 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： 一、 召开会议的基本情况 召开的日期时间：2024 年 12 月 13 日 10 点 00 分 网络投票系统：上海证券交易所股东大会网络投票系统 网络投票起止时间：自 2024 年 12 月 13 日 至 2024 年 12 月 13 日 采用上海证券交易所网络投票系统，通过交易系统投票平台的投票时间为股 东会召开当日的交易时间段，即 9:15-9:25,9:30-11:30，13:00-15:00；通过互 联网投票平台的投票时间为股东会召开当日的 9:15-15:00。 (六) 融资融券、转融通、约定购回业务账户和沪股通投资者的投票程序 股东会召开日期：2024年12月13日 本次股东会采用的网络投票系统：上海证券交易所股东大会网络投票系 统 (一) 股东会类型和届次 2024 年第二次临时股东会 (二) 股东会召集人： ...

Financial Performance - The company's operating revenue for Q3 2024 was ¥115,201,224.57, a decrease of 33.28% compared to the same period last year[2] - The net profit attributable to shareholders for Q3 2024 was -¥3,619,923.21, representing a decline of 3,536.91% year-over-year[2] - The net profit attributable to shareholders after deducting non-recurring gains and losses for Q3 2024 was -¥3,270,149.02, down 859.03% from the previous year[2] - Total operating revenue for the first three quarters of 2024 was CNY 339.55 million, a decrease of 19.4% compared to CNY 420.96 million in the same period of 2023[13] - Net profit for the first three quarters of 2024 was a loss of CNY 13.25 million, compared to a profit of CNY 20.72 million in the same period of 2023[14] - The total profit for the first three quarters of 2024 was a loss of CNY 14.25 million, compared to a profit of CNY 19.99 million in the same period of 2023[14] - Basic and diluted earnings per share for the first three quarters of 2024 were both CNY -0.091, compared to CNY 0.023 in the same period of 2023[14] Cash Flow and Liquidity - The total net cash flow from operating activities for the year-to-date was -¥12,776,171.56, a decrease of 123.68% compared to the previous year[2] - The company reported a net cash outflow from operating activities of CNY 12.78 million, a significant decline from a cash inflow of CNY 53.95 million in the previous year[15] - Cash received from sales of goods and services was CNY 341.04 million, down 24.8% from CNY 453.67 million in the same period of 2023[15] - Cash outflow from investment activities was CNY 9.18 million, compared to CNY 166.06 million in the same period of 2023[16] - The ending balance of cash and cash equivalents was $22,430,843.50, down from an initial balance of $58,617,956.02, reflecting a net decrease of $36,187,112.52[17] Assets and Liabilities - The total assets at the end of the reporting period were ¥958,296,099.30, a decrease of 2.14% compared to the end of the previous year[3] - Total assets decreased to 958,296,099.30 yuan from 979,282,699.20 yuan, a reduction of about 2.1%[11] - Total liabilities increased slightly to 623,504,500.99 yuan from 621,123,436.70 yuan, showing a marginal rise of about 0.4%[12] - The company's non-current liabilities rose to 492,778,951.57 yuan from 483,238,371.51 yuan, an increase of approximately 2.5%[12] - The company's retained earnings showed a deficit of -464,239,113.84 yuan compared to -452,423,301.98 yuan, worsening by about 2.6%[12] - The company’s total equity decreased to 334,791,598.31 yuan from 358,159,262.50 yuan, a decline of approximately 6.5%[12] Shareholder Information - The top shareholder, Chow Tai Fook Investment Co., Ltd., holds 55.00% of the shares, totaling 71,389,900 shares[7] - The company plans to issue up to 22,556,390 shares to its controlling shareholder, raising no more than 300 million yuan to optimize its capital structure and reduce financial costs[9] - The company is in the process of a targeted issuance of A-shares, pending approval from the Shanghai Stock Exchange and the China Securities Regulatory Commission[9] Other Income and Expenses - The company reported other income of CNY 6.86 million, down from CNY 11.44 million in the previous year[13] - The company incurred sales expenses of CNY 1.83 million, which is a significant increase compared to CNY 0.85 million in the previous year[13] - The company reported non-recurring gains and losses totaling -¥349,774.19 for the current period[4] Accounting and Standards - The company did not apply new accounting standards for the current reporting period[18]

证券代码：600265 证券简称：景谷林业 公告编号：2024-059 云南景谷林业股份有限公司 2024年第三季度主要经营数据公告 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。 为了使投资者更好地了解云南景谷林业股份有限公司（以下简称"公司"） 经营状况，现将公司2024年第三季度（以下简称"本期"）主要经营数据（未经 审计）公告如下： 一、主要产品产量及同比增减情况 | 主要产品 | 2024 | 年 7-9 | 月 | | 2023 7-9 | 年 | 月 | 变动比例（%） | | | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | | 林板产品（立方米） | | 90,078.98 | | | 119,916.85 | | | | -24.88 | | 林化产品（吨） | | | | 0 | | | 0 | | 0 | | 林板产品（立方米） | | 103,170.72 | | 123,584.09 | | | -16.52 | | --- ...

本次投资者说明会以网络互动形式召开，公司将针对 2024 年半年度的经营 成果及财务指标的具体情况与投资者进行互动交流和沟通，在信息披露允许的 范围内就投资者普遍关注的问题进行回答。 二、 说明会召开的时间、地点 会议召开时间：2024 年 10 月 16 日(星期三)上午 11:00-12:00 会议召开地点：上海证券交易所上证路演中心（网址：https://roadsh ow.sseinfo.com/） 会议召开方式：上证路演中心网络互动 投资者可于 2024 年 10 月 9 日(星期三) 至 10 月 15 日(星期二)16:00 前登录上证路演中心网站首页点击"提问预征集"栏目或通过公司邮箱 jglymsc@163.com 进行提问。公司将在说明会上对投资者普遍关注的问 题进行回答。 （一） 会议召开时间：2024 年 10 月 16 日上午 11:00-12:00 （二） 会议召开地点：上证路演中心 证券代码：600265 证券简称：景谷林业 公告编号：2024-058 云南景谷林业股份有限公司 关于召开2024年半年度业绩说明会的公告 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 ...

Financial Performance - The company's operating revenue for the first half of 2024 was CNY 224,345,766.93, a decrease of 9.64% compared to CNY 248,291,747.40 in the same period last year[15]. - The net profit attributable to shareholders of the listed company was a loss of CNY 8,195,888.65, a decline of 379.57% from a profit of CNY 2,931,618.87 in the previous year[15]. - The net cash flow from operating activities was a negative CNY 15,369,160.65, down 152.05% from CNY 29,526,967.65 in the same period last year[16]. - The total assets at the end of the reporting period were CNY 968,026,434.07, a decrease of 1.15% from CNY 979,282,699.20 at the end of the previous year[16]. - The net assets attributable to shareholders of the listed company were CNY 158,136,370.06, down 3.91% from CNY 164,570,388.71 at the end of the previous year[16]. - Basic earnings per share for the first half of 2024 were -CNY 0.063, a decrease of 373.91% compared to CNY 0.023 in the same period last year[17]. - The weighted average return on net assets was -0.051%, a decrease of 1.94 percentage points from 1.890% in the previous year[17]. - The decline in financial metrics was attributed to intensified competition in the artificial board industry in Hebei, leading to price drops and reduced tax rebate income[17]. - The company reported a non-recurring gain from the disposal of non-current assets amounting to ¥5,147,003.17[18]. - Government subsidies recognized in the current period amounted to ¥85,700.00, excluding those closely related to normal business operations[18]. Industry Overview - The company operates in the manufacturing industry, focusing on engineered wood products, chemical products from forest resources, and forestry[21]. - The engineered wood manufacturing sector has shown a growth trend, with China being the largest producer and consumer globally[22]. - The total output value of the forestry industry in China exceeded ¥9.2 trillion in 2023, indicating significant growth in the sector[23]. - The company’s engineered wood products include plywood, fiberboard, and particleboard, primarily used in furniture manufacturing and construction[24]. Production and Sales Strategy - The procurement of raw materials for engineered wood products is based on a self-sourcing model, ensuring quality and safety[25]. - The sales strategy combines direct sales to manufacturers and contractors with distribution through wholesale and retail channels[26]. - The company’s chemical products are produced through a commissioned processing model, focusing on environmentally friendly and renewable resources[27]. - The company has a production model based on contract processing, leasing equipment from Xingfa Linhua for the production of pine resin and turpentine products[28]. - The sales model primarily focuses on direct sales, supplemented by distribution to meet diverse customer needs, targeting downstream processing enterprises and wholesale distributors[28]. - The company continues to advance its forestry and afforestation business, focusing on timber and standing timber, primarily for raw wood processing and wood product manufacturing[29]. Resource and Capacity - The geographical resource advantage includes a total forest area of 53.9961 million acres in Pu'er City, with a forest coverage rate of 74.59% and a standing timber volume of 300 million cubic meters, making it a key timber production base in China[31]. - Huayin Wood Industry has an annual production capacity of 230,000 cubic meters for particleboard and 240,000 cubic meters for high-density fiberboard, utilizing advanced production lines[34]. Recognition and Policy Benefits - The company has received multiple honors, including "Top Ten Particleboard Brands" and "National Key Leading Enterprises in Forestry," enhancing its brand reputation and market share[33]. - The company benefits from favorable policies, including tax incentives for using renewable resources, with a 90% reduction in corporate income tax and a 90% VAT refund[36]. Operational Management - The company has established a comprehensive procurement, production, and sales system, promoting healthy development and efficient decision-making through a flat management structure[37]. - The company aims to achieve a comprehensive output value of over 500 billion yuan in the modern forestry industry by 2025, as outlined in the local development plan[35]. - The company is actively involved in the research and development of new products and technologies, including deep processing projects for pine resin and high-end fragrances[36]. Challenges and Risks - In the first half of 2024, the company's operating performance declined due to the slowdown in economic growth and rising raw material prices, with a revenue decrease of 9.64% compared to the same period last year, totaling CNY 224,345,766.93[48]. - The company faces risks related to macroeconomic fluctuations, which could negatively impact demand in the engineered wood industry[58]. - The company is committed to enhancing operational and management capabilities, increasing innovation, and improving product competitiveness to mitigate risks[58]. Financial Position and Liabilities - The company's cash and cash equivalents decreased by 73.93% to ¥15,281,728.06, compared to ¥58,617,956.02 in the previous year[49]. - Accounts payable increased by 81.79% to ¥46,830,070.33, up from ¥25,760,766.15 in the previous year[50]. - The company's long-term liabilities due within one year increased by 61.20% to ¥43,258,267.66, compared to ¥26,834,543.97 in the previous year[50]. - Other current liabilities surged by 392.17% to ¥3,716,038.62, up from ¥755,035.53 in the previous year, mainly due to increased interest accruals[50]. - The company recorded goodwill of CNY 91.9522 million from the acquisition of Huiyin Wood Industry, which will be subject to annual impairment testing[65][66]. - As of June 30, 2024, the company's consolidated debt-to-asset ratio was 63.96%, indicating a high financial risk compared to industry peers[67]. Environmental Management - The company continues to prioritize safety, fire prevention, and environmental protection to ensure stable operations amid external challenges[46]. - The company has implemented 19 sets of air pollution control facilities at Huiyin Wood Industry, all operating effectively with online monitoring systems[73]. - The company has established a dedicated department for environmental management, conducting annual monitoring through qualified third-party agencies[77]. - The company has committed to long-term environmental responsibilities, with various commitments made in January 2023 regarding profit forecasts and compensation[80]. - The company's pollution control facilities are operating normally, with all pollutant discharge indicators meeting national standards[77]. Governance and Compliance - The company has a robust governance structure, with independent operations of its shareholders' meetings, board of directors, and management[83]. - The company has committed to avoiding related party transactions unless necessary, ensuring they are conducted at market prices and in compliance with legal requirements[84]. - The company guarantees the independence of its financial management, ensuring no shared bank accounts with related parties and the ability to make independent financial decisions[83]. - The company has not faced any significant legal or financial penalties in the last five years, ensuring a stable operational environment[85]. Shareholder Relations - The profit distribution policy will be optimized to ensure the protection of minority investors' rights, aligning with relevant laws and regulations[8]. - The company has committed to providing accurate and complete information during its major asset restructuring process, ensuring transparency for investors[84]. - The company will support employee stock incentive plans linked to the execution of measures to compensate for diluted immediate returns[8]. Revenue Recognition - The company recognizes revenue when control of the goods is transferred to the customer, which includes conditions such as approval of the contract and the ability to measure the amount reliably[197]. - Revenue recognition for artificial board products occurs upon delivery and confirmation of receipt by the customer, with specific methods for domestic and international sales outlined[198]. - For timber products, revenue is recognized when the customer is able to legally harvest the timber, and confirmation of receipt is obtained[200].