Financial Performance - The company's operating revenue for Q3 2023 was ¥662,239,397.91, representing a year-over-year increase of 14.48%[4] - The net profit attributable to shareholders decreased by 27.88% to ¥33,544,601.34 for the same period[4] - The net profit after deducting non-recurring gains and losses was ¥31,319,696.57, down 32.09% year-over-year[4] - The basic and diluted earnings per share were both ¥0.12, a decrease of 25% compared to the previous year[5] - Total operating revenue for the first three quarters of 2023 reached ¥1,829,200,260.12, an increase of 8.43% compared to ¥1,687,325,850.30 in the same period of 2022[18] - Net profit for the first three quarters of 2023 was ¥93,751,319.20, a decrease of 4.63% from ¥98,118,619.54 in the same period last year[19] - Earnings per share for the first three quarters of 2023 were ¥0.31, consistent with the previous year[20] Assets and Liabilities - Total assets at the end of the reporting period were ¥3,117,597,582.27, reflecting a 1.89% increase from the end of the previous year[5] - Current assets totaled CNY 1,826,226,083.26, up from CNY 1,719,721,684.21 at the end of 2022, indicating an increase of about 6.19%[14] - Total liabilities increased to CNY 1,826,226,083.26, compared to CNY 1,719,721,684.21 at the end of 2022, marking a rise of about 6.19%[15] - The total liabilities as of the end of the third quarter of 2023 were ¥599,754,251.34, compared to ¥588,777,169.54 at the end of the same period in 2022, showing an increase of 1.65%[16] - Total equity as of the end of the third quarter of 2023 was ¥2,517,843,330.93, up from ¥2,470,879,045.08 in 2022, representing a growth of 1.90%[16] Cash Flow - Cash flow from operating activities for the year-to-date period was ¥91,516,192.40, down 38.27% compared to the same period last year[4] - Cash inflow from operating activities for the first three quarters of 2023 totaled ¥1,949,587,636.36, compared to ¥1,730,476,731.93 in 2022, indicating a growth of 12.66%[21] - The net cash flow from operating activities was $91,516,192.40, a decrease of 38.2% compared to $148,245,221.49 in the previous year[22] - Cash inflow from financing activities was $295,562,065.75, an increase of 28.6% compared to $229,873,995.80 in the previous year[22] Expenses - Total operating costs for the first three quarters of 2023 were ¥1,736,598,297.31, up from ¥1,567,118,352.34 in 2022, reflecting a year-on-year increase of 10.79%[18] - Research and development expenses for the first three quarters of 2023 amounted to ¥57,623,508.62, an increase of 16.67% from ¥49,265,511.73 in the same period of 2022[18] - Sales expenses increased to ¥27,414,728.46 in the first three quarters of 2023, up from ¥21,792,906.81 in 2022, marking a rise of 25.83%[18] - Management expenses decreased to ¥71,317,278.27 in the first three quarters of 2023, down from ¥76,018,086.13 in 2022, reflecting a decline of 6.67%[18] Other Financial Metrics - The weighted average return on equity decreased to 1.21%, down from 3.04% in the previous year[5] - The company reported a significant increase in other income, up 107.22% due to increased government subsidies received[8] - The company experienced a 56.90% increase in prepayments due to higher material procurement payments[8] - The company has not disclosed any new product developments or market expansion strategies in the current report[12] - The company did not report any cash inflow from investment activities, which was $30,011,022.12 in the previous year, reflecting a strategic shift in investment approach[22] - The company is not applying new accounting standards for the current year, which may impact future financial reporting[23]

独立董事意见 独立董事意见 牡丹江恒丰纸业股份有限公司 关于十届董事会第十二次会议的独立董事意见 根据中国证监会《关于上市公司建立独立董事制度的指导意见》、《上市公司 治理准则》、《上海证券交易所股票上市规则》和《公司章程》等有关规定，我们 作为牡丹江恒丰纸业股份有限公司（以下简称"公司"）独立董事对公司十届董 事会第十二次会议发表意见如下： 经审阅，公司新增 2023 年度日常关联交易，定价公平、合理，日常关联交 易额度的预计符合交易双方业务发展需求，不存在损害公司及中小股东利益的情 形，不会影响公司的独立性，也不会对公司持续经营能力产生影响，符合公司的 长远发展规划。我们认为，日常关联交易严格按照有关要求履行了相关的决策程 序，董事会在表决过程中关联董事回避表决，决策程序合法有效。 ...

牡丹江恒丰纸业股份有限公司 关于新增2023年日常关联交易预计的公告 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个别及连带责任。 重要内容提示： 一、日常关联交易基本情况 (一)日常关联交易履行的审议程序 股票代码：600356 股票简称：恒丰纸业 编号：2023-021 1、审计委员会履行情况 2023 年 10 月 29 日，牡丹江恒丰纸业股份有限公司（以下简称"公司"） 召开十届审计委员会第十次会议，审议通过了《关于新增 2023 年度日常关联交 易预计的议案》。审计委员会发表如下意见：公司新增 2023 年度日常关联交易 的预计均为日常生产经营所需，符合公司发展利益。遵循了公平、公开、公正的 原则，交易价格公允，不存在损害公司及全体股东利益的情形。 2、独立董事事前认可情况 经核查，公司新增 2023 年度日常关联交易符合《公司法》、《上海证券交易 所股票上市规则》、《公司章程》等相关规定，公司与关联方之间发生的交易系基 于公司正常业务经营所需。我们对上述关联交易的相关议案表示事前认可，同意 将相关议案提交公司董事会审议，本 ...

股票代码：600356 股票简称：恒丰纸业 编号：2023-020 牡丹江恒丰纸业股份有限公司 十届董事会第十二次会议决议公告 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个别及连带责任。 一、董事会会议召开情况 （一）牡丹江恒丰纸业股份有限公司十届董事会第十二次会议，符合《公司法》、 《证券法》和《公司章程》等有关法律、法规的规定。 2、以 9 票同意、0 票反对、0 票弃权,审议通过了《关于公司 2023 年三季度报 告的议案》。 牡丹江恒丰纸业股份有限公司 董事会 2023 年 10 月 31 日 1 （二）牡丹江恒丰纸业股份有限公司于 2023 年 10 月 20 日以书面形式和电子 邮件等方式，向公司各位董事，发出召开公司十届董事会第十二次会议的通知。 （三）2023 年 10 月 30 日，以通讯表决的方式召开了此次会议。 （四）会议应出席董事 9 人，实际出席董事 9 人，实际收到有效表决票 9 份。 二、董事会会议审议情况 经与会董事认真审阅，审议通过了以下决议： 1、以 6 票同意、0 票反对、0 票弃权, 审议通过 ...

https://roadshow.sseinfo.com/） 会议召开方式：上证路演中心网络互动 投资者可于 2023 年 10 月 12 日(星期四) 至 10 月 18 日(星期 三)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 sh356@hengfengpaper.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。 牡丹江恒丰纸业股份有限公司（以下简称"公司"）已于 2023 年 8 月 24 日发布公司 2023 年度半年度报告，为便于广大投资者更全面 深入地了解公司 2023 年度半年度经营成果、财务状况，公司计划于 2023 年 10 月 19 日 上午 10:00-11:00 举行 2023 年半年度业绩说明 会，就投资者关心的问题进行交流。 一、 说明会类型 证券代码：600356 证券简称：恒丰纸业 公告编号：2023-019 牡丹江恒丰纸业股份有限公司 关于召开 2023 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 ...

Financial Performance - The company's operating revenue for the first half of 2023 was CNY 1,166,960,862.21, representing a 5.24% increase compared to CNY 1,108,872,322.99 in the same period last year[20]. - The net profit attributable to shareholders for the first half of 2023 was CNY 54,796,992.51, up 13.82% from CNY 48,143,958.88 in the previous year[20]. - Basic earnings per share for the first half of 2023 were CNY 0.18, a 12.50% increase from CNY 0.16 in the same period last year[21]. - The weighted average return on equity increased to 2.28%, up from 2.08% in the previous year, representing an increase of 0.2 percentage points[22]. - The net profit after deducting non-recurring gains was CNY 51,301,377.96, which is a 12.52% increase from CNY 45,591,688.79 in the same period last year[20]. - The company achieved operating revenue of CNY 116,696,000, representing a year-on-year increase of 5.24%[40]. - The net profit attributable to shareholders increased by 13.82% year-on-year, reaching CNY 5,479,000[40]. - The total profit for the first half of 2023 was ¥68.15 million, up from ¥62.71 million in the same period of 2022, reflecting a growth of 7.1%[113]. Cash Flow and Liquidity - The net cash flow from operating activities significantly decreased to CNY 50,731.20, a decline of 99.97% compared to CNY 194,837,158.66 in the same period last year[20]. - The company's cash flow from operating activities saw a significant decline of 99.97%, totaling CNY 50,731.20[47]. - The net cash flow from operating activities decreased to -¥22,081,216.68 from ¥137,639,311.60, indicating a significant decline in operational performance[119]. - Cash and cash equivalents at the end of the first half of 2023 were ¥287.89 million, down from ¥302.05 million at the end of the first half of 2022[116]. - Cash and cash equivalents at the end of the period stood at ¥249,552,850.15, compared to ¥222,155,518.43 at the end of the previous period, marking an increase of approximately 12.3%[120]. Assets and Liabilities - The total assets at the end of the reporting period were CNY 3,058,870,044.17, a slight decrease of 0.03% from CNY 3,059,656,214.62 at the end of the previous year[20]. - The company's cash and cash equivalents at the end of the period amounted to ¥287,890,210.37, accounting for 9.41% of total assets, a decrease of 6.71% from the previous year[49]. - Total liabilities were CNY 578,301,971.37, down from CNY 588,777,169.54, showing a decrease of about 1.6%[102]. - Short-term borrowings increased by 23.33% to ¥292,562,065.75, accounting for 9.56% of total assets[50]. - The company's equity totaled ¥2,442,059,535.61, up from ¥2,419,102,141.60, reflecting a growth of 0.9%[106]. Research and Development - Research and development expenses rose by 26.60% year-on-year, amounting to CNY 41,784,515, reflecting increased investment in innovation[41]. - The company is actively developing new products in the food contact paper sector, with multiple products achieving domestic leading quality standards[32]. - The company added 4 new authorized patents during the reporting period, including 3 invention patents and 1 design patent[41]. - Research and development expenses for the first half of 2023 were ¥41,784,515.08, compared to ¥33,006,143.80 in the same period last year, marking a significant increase of 26.5%[108]. Market and Sales - The company achieved a historical high total sales volume of 47,000 tons for cigarette paper in 2022[29]. - The domestic market coverage rate for filter rod forming paper reached 100%[29]. - In 2022, aluminum foil liner paper sales reached 43,000 tons, with a market share of over 38.7%[32]. - The export market sales increased by 28.46% year-on-year, totaling 32,478 tons, while domestic market sales decreased by 10.73%[40]. Environmental and Social Responsibility - The company has been recognized as a high-tech enterprise by the Ministry of Science and Technology and the Chinese Academy of Sciences[27]. - The company aims to use 5 million kWh of green electricity from its rooftop solar power station by the end of the year, supporting its green energy transition[43]. - The company reported zero major environmental pollution incidents during the reporting period, with total pollutant emissions below the permitted levels[67]. - The company has implemented projects such as rooftop distributed photovoltaic power stations and new gas boilers, aiming to reduce carbon emissions by 1,600 tons and 1,200 tons respectively[76]. Governance and Compliance - The company has made a permanent commitment to maintain its independence as a listed company, ensuring that key management personnel do not hold positions in other companies controlled by it[79]. - The company guarantees the establishment of an independent financial department and accounting system, ensuring financial independence[81]. - The company has committed to avoiding any form of competition with its own subsidiaries, ensuring that they do not engage in similar business activities[84]. - The company has established a complete and independent governance structure, ensuring that its board and management operate independently[83]. Risks and Challenges - The company has outlined various risks in its operations, which are detailed in the "Management Discussion and Analysis" section of the report[7]. - The company faces risks from macroeconomic fluctuations, intensified market competition, and raw material price volatility[54][55][56]. Shareholder Information - The total number of ordinary shareholders as of the end of the reporting period is 15,001[92]. - The largest shareholder, Mudanjiang Hengfeng Paper Group Co., Ltd., holds 89,423,083 shares, accounting for 29.93% of total shares[93]. - The first phase employee stock ownership plan holds 8,153,940 shares, which is 2.73% of total shares[93].

股票代码：600356 股票简称：恒丰纸业 编号：2023-013 牡丹江恒丰纸业股份有限公司 关于参加黑龙江辖区上市公司 2023 年投资者 网上集体接待日活动的公告 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个别及连带责任。 为进一步加强与投资者的互动交流，牡丹江恒丰纸业股份有限公司（以下简 称"公司"）将参加由黑龙江证监局、黑龙江省上市公司协会与深圳市全景网络 有限公司联合举办的"2023 年黑龙江辖区上市公司投资者集体接待日活动"，现 将相关事项公告如下： 本次活动将采用网络远程的方式举行，投资者可登录"全景路演"网站 （http://rs.p5w.net）；或关注微信公众号（名称：全景财经）；或下载全景路 演 APP,参与本次互动交流。活动时间为 2023 年 5 月 15 日（周一）14:00-16:30。 届时公司高管将在线就公司 2022 年度业绩、公司治理、发展战略、 经营状况、 融资计划、股权激励和可持续发展等投资者关心的问题，与投资者进行沟通与交 流，欢迎广大投资者踊跃参与！ 特此公告。 牡丹江恒丰纸业股份有限 ...

Financial Performance - The company's operating revenue for Q1 2023 was CNY 633,857,946.72, representing a year-on-year increase of 15.98%[5] - The net profit attributable to shareholders for the same period was CNY 25,133,305.27, reflecting an increase of 11.06% compared to the previous year[5] - The basic earnings per share for Q1 2023 was CNY 0.08, which is a 14.29% increase year-on-year[5] - In Q1 2023, the company reported a net profit of CNY 25,693,382.85, an increase of 10.3% compared to CNY 23,361,819.19 in Q1 2022[20] - The operating profit for Q1 2023 was CNY 32,242,129.47, up from CNY 28,525,787.46 in the same period last year, reflecting a growth of 6.0%[20] - The company’s total revenue from operating activities was CNY 596,972,536.79, compared to CNY 432,700,854.94 in the previous year, indicating a growth of 37.9%[23] - The company’s diluted earnings per share for Q1 2023 were CNY 0.08, up from CNY 0.07 in Q1 2022[21] Cash Flow and Liquidity - The net cash flow from operating activities was negative at CNY -24,923,573.82, a decline of 183.11% compared to the same period last year[5] - Cash flow from operating activities showed a net outflow of CNY 24,923,573.82, a significant decrease from a net inflow of CNY 29,987,569.17 in Q1 2022[24] - The company generated CNY 591,582,654.70 in cash from sales, compared to CNY 428,515,667.47 in the previous year, marking a growth of 38.1%[23] - Total cash and cash equivalents at the end of Q1 2023 were CNY 284,018,636.75, down from CNY 250,771,362.90 at the end of Q1 2022[25] - Cash and cash equivalents as of March 31, 2023, were RMB 284,018,636.75, down from RMB 308,594,717.12 as of December 31, 2022[14] Assets and Liabilities - Total assets at the end of Q1 2023 amounted to CNY 3,069,526,211.38, a slight increase of 0.32% from the end of the previous year[6] - Total assets as of March 31, 2023, amounted to RMB 3,069,526,211.38, slightly up from RMB 3,059,656,214.62 at the end of 2022[16] - Total liabilities decreased to RMB 580,965,483.45 in Q1 2023 from RMB 588,777,169.54 in Q4 2022, a reduction of 1.4%[16] - Shareholders' equity increased to RMB 2,488,560,727.93 as of March 31, 2023, compared to RMB 2,470,879,045.08 at the end of 2022, reflecting a growth of 0.7%[17] Expenses and Investments - Total operating costs for Q1 2023 were RMB 607,298,022.55, up 18.1% from RMB 514,211,267.62 in Q1 2022[19] - Research and development expenses increased by 37.73% due to higher trial production costs[8] - Research and development expenses increased to RMB 23,682,335.07 in Q1 2023, compared to RMB 17,194,224.36 in Q1 2022, reflecting a growth of 37.5%[19] - The company incurred financial expenses of CNY 4,704,104.66 in Q1 2023, a decrease from CNY 5,539,623.54 in Q1 2022[20] - Interest expenses were CNY 3,500,000.00 in Q1 2023, down from CNY 5,813,151.89 in the same quarter last year[20] - The company paid CNY 58,998,250.32 in employee compensation during Q1 2023, compared to CNY 48,801,306.38 in Q1 2022, reflecting an increase of 20.9%[24] Shareholder Information - The number of ordinary shareholders at the end of the reporting period was 14,025[10] - The largest shareholder, Mudanjiang Hengfeng Paper Group Co., Ltd., holds 29.93% of the shares, amounting to 89,423,083 shares[11] Construction and Projects - The company reported a significant increase of 540.59% in construction in progress due to increased project investments[8]

Financial Performance - The company achieved a net profit attributable to shareholders of RMB 128,920,271.32, representing a year-on-year increase of 27.17%[6]. - Total operating revenue for 2022 was RMB 2,455,948,158.37, an increase of 21.49% compared to RMB 2,021,565,770.40 in 2021[20]. - The basic earnings per share increased to RMB 0.43, up 26.47% from RMB 0.34 in the previous year[21]. - The weighted average return on equity rose to 5.45%, an increase of 0.99 percentage points compared to 4.46% in 2021[21]. - The company reported a net profit excluding non-recurring gains and losses of RMB 118,585,029.31, which is a 40.36% increase from RMB 84,483,630.49 in 2021[20]. - The total profit reached CNY 152,623,300, marking a 26.23% increase year-on-year, driven by growth in domestic, international, and new product trade segments[48]. - The company reported a net profit margin of 481.36 million, indicating strong profitability[90]. - Future guidance suggests a projected revenue growth of approximately 15% for the next fiscal year[92]. Cash Flow and Assets - Cash flow from operating activities was RMB 239,815,592.11, reflecting a significant increase of 56.51% from RMB 153,226,821.14 in 2021[20]. - As of the end of the reporting period, cash and cash equivalents amounted to ¥308,594,717.12, representing 10.09% of total assets, an increase of 66.14% from the previous period[64]. - The company's accounts receivable balance was RMB 502,092,007.26, with a provision for bad debts of RMB 47,496,575.89, resulting in a net value of RMB 454,595,431.37[167]. - The inventory balance as of December 31, 2022, was RMB 662,707,998.79, with a provision for inventory impairment of RMB 48,362,993.35, leading to a net value of RMB 614,345,005.44[169]. - Total assets at the end of 2022 amounted to RMB 3,059,656,214.62, a 4.00% increase from RMB 2,941,956,133.62 in 2021[20]. Dividends and Shareholder Returns - The company plans to distribute a cash dividend of RMB 1.298 per 10 shares, totaling RMB 38,775,333, which accounts for 30.08% of the net profit attributable to shareholders[6]. - The total cash dividend distributed in 2022 was 38,775,333 CNY, representing 30.08% of the net profit attributable to ordinary shareholders[114]. - The company has established a stable and continuous cash dividend policy, ensuring reasonable returns for investors, particularly small and medium shareholders[111]. Operational Highlights - The sales volume of mechanism paper was 203,109 tons, representing a growth of 15.06% compared to the previous year[28]. - The company completed a mechanism paper production of 198,022 tons, an increase of 11.64% year-on-year[29]. - The product delivery acceptance rate was 99.53%, exceeding the target by 1.33 percentage points[29]. - The company achieved a historical high in total sales of cigarette paper, exceeding 47,000 tons in 2022[39]. - The domestic market coverage for filter rod forming paper reached 100%, meeting various structural design needs and safety requirements[40]. Research and Development - The company’s research and development expenses were CNY 74,822,297.96, a decrease of 4.09% from the previous year, due to reduced external R&D projects[50]. - The company applied for 5 new patents and received 9 patent grants during the year, enhancing its innovation capabilities[61]. - The company is actively involved in the development of new products, including flame-retardant rolling paper and high-performance filter paper[61]. Market Position and Strategy - The company’s international market expansion strategy has positioned it as the global leader in cigarette paper sales in 2022[47]. - The company aims to maintain its leading position in domestic cigarette paper and expand into specialty paper markets, focusing on high-quality sustainable development[70]. - The company plans to implement a new five-year development plan starting in 2023, emphasizing efficiency and multi-dimensional integration[72]. Environmental and Sustainability Initiatives - The company is focusing on sustainable development, actively pursuing the development of environmentally friendly lining paper to achieve carbon neutrality goals[43]. - The company has invested 22,623,000 CNY in environmental protection during the reporting period[120]. - The company has reduced carbon emissions by 6,770 tons through energy-saving initiatives and the optimization of production processes[130]. - The company has established emergency response plans for environmental incidents and conducts regular training to ensure effective responses[126]. Governance and Compliance - The board of directors consists of 9 members, including 3 independent directors, ensuring compliance with legal and regulatory requirements[80]. - The company has established a robust information disclosure management system to ensure transparency and protect shareholder rights[83]. - The internal control system was audited by Tianjian Accounting Firm, receiving a standard unqualified opinion, confirming the effectiveness of the internal controls[118]. Employee and Management Structure - The company has a strong management team with a stable structure, ensuring effective decision-making and strategic alignment[45]. - The number of employees in the parent company is 1,904, while the total number of employees in the parent company and major subsidiaries is 2,042[106]. - The company emphasizes the importance of employee compensation policies to motivate staff and enhance operational efficiency[110].

2022 年第三季度报告 证券代码：600356 证券简称：恒丰纸业 牡丹江恒丰纸业股份有限公司 2022 年第三季度报告 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： 公司董事会、监事会及董事、监事、高级管理人员保证季度报告内容的真实、准确、完整， 不存在虚假记载、误导性陈述或重大遗漏，并承担个别和连带的法律责任。 (二)非经常性损益项目和金额 公司负责人、主管会计工作负责人及会计机构负责人（会计主管人员）保证季度报告中财务 信息的真实、准确、完整。 第三季度财务报表是否经审计 □是 √否 一、 主要财务数据 (一)主要会计数据和财务指标 单位：元 币种：人民币 | 项目 | 本报告期 | 本报告期 | 年初至报告期末 | 年初至报告期 | | --- | --- | --- | --- | --- | | | | 比上年同 | | 末比上年同期 | | | | 期增减变 | | 增减变动幅度 | | | | 动幅度(%) | | (%) | | 营业收入 | 578,453,527.31 | 18.54 ...