Core Viewpoint - The Chinese customs authority has clearly stated a ban on the import of foreign waste, particularly focusing on the regulation of recycled paper pulp imports, following heightened attention from industry stakeholders and media reports [1] Group 1: Regulatory Actions - The General Administration of Customs and the China Paper Association are working to improve relevant standards and strengthen customs supervision regarding recycled paper pulp [1] - A working seminar on imported recycled paper pulp will be held, involving representatives from various paper companies, industry associations, and experts [1] Group 2: Industry Concerns - The seminar will address the current situation of recycled paper pulp imports by Chinese paper companies, production processes (dry and wet pulping), and their respective proportions [2] - Discussions will include the risks associated with radioactive materials, heavy metals, hazardous waste, and public health safety related to imported recycled paper pulp [2] - Stakeholders will provide opinions and suggestions on ensuring the safety and stability of the recycled paper pulp supply chain, revising relevant standards, and enhancing regulatory measures [2]

Core Viewpoint - The Chinese paper industry is projected to experience growth in production, with a forecasted output of 13.94 million tons of paper and paperboard in July 2025, representing a year-on-year increase of 4.8% [1] Industry Summary - According to the National Bureau of Statistics, the cumulative production of paper and paperboard in China from January to July 2025 is expected to reach 9.3623 million tons, reflecting a cumulative growth of 3.6% [1] - The report by Zhiyan Consulting provides insights into the market research and development prospects of the Chinese paper industry from 2025 to 2031 [1] Company Summary - Listed companies in the paper industry include Sun Paper Industry (002078), Chenming Paper (000488), Bohui Paper (600966), Yueyang Forest & Paper (600963), Shanying International (600567), and Hengfeng Paper (600356) [1]

证券代码：600567 证券简称：山鹰国际 公告编号：2025-072 山鹰国际控股股份公司 关于提供担保的进展公告 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： 担保对象及基本情况 | 担保对象一 | 被担保人名称 | | 祥恒(天津)包装有限公司 | | | --- | --- | --- | --- | --- | | | 本次担保金额 | 1,000 | 万元 | | | | 实际为其提供的担保余额 | 0 万元 | | | | | 是否在前期预计额度内 | 是 | □否 | □不适用 | | | 本次担保是否有反担保 | □是 | 否 | □不适用 | | 担保对象二 | 被担保人名称 | | | 祥恒（杭州）包装有限公司 | | | 本次担保金额 | 1,000 | 万元 | | | | 实际为其提供的担保余额 | 0 万元 | | | | | 是否在前期预计额度内 | 是 | □否 | □不适用 | | | 本次担保是否有反担保 | □是 | 否 | □不适用 | | 担保对象三 | 被 ...

Group 1 - The company plans to establish a partnership by contributing 100% equity of its subsidiary, Guangdong Shanying, and 36.56% equity of Xiangheng Creative Packaging, valued at 2.977 billion RMB, to set up Wuhu Shengying Enterprise Management Consulting Partnership [2][17] - The partnership aims to introduce long-term investors, including China Orient Asset Management, Caixin Jixiang Life Insurance, Xinda Capital Management, and Zibo Hengtai Investment Partnership, with a total transfer amount not exceeding 747.5 million RMB [2][17] - The partnership has completed its business registration procedures, and the relevant details were published in various financial newspapers [2] Group 2 - Tianjin Xinlu Financial Equity Investment Partnership and Hangzhou Guangyao Zhixin Hengshuo Enterprise Management Consulting Partnership are designated assignees for the partnership shares [3][4] - The transfer agreement was signed among the company, Tianjin Xinlu Financial, and Hangzhou Guangyao, detailing the transfer of 747.48 million RMB worth of partnership shares, corresponding to 25.09% of the partnership [7][9] - The payment for the transferred shares is to be made within 10 working days after the agreement is signed, and the company will apply for business registration changes within 15 working days after payment [10] Group 3 - The partnership agreement includes provisions for the new limited partners and outlines the investment structure, with Tianjin Xinlu and Hangzhou Guangyao each nominating one member to the investment decision committee [13][15] - The partnership will hold 100% equity of Guangdong Shanying and 36.56% equity of Xiangheng Creative, with a duration of 7 years [15][16] - The partnership's exit mechanism will primarily involve transferring investment project equity and other market-based methods [16] Group 4 - The establishment of the partnership is expected to enhance the company's cash reserves, mitigate liquidity risks, and improve governance levels of the acquired assets [17][18] - The introduction of new investors is anticipated to promote the integrated development of the packaging business and strengthen the company's sustainable development capabilities and core competitiveness [17][18]

| 股票简称：山鹰国际 | | | 股票代码：600567 | 公告编号：临 | 2025-071 | | --- | --- | --- | --- | --- | --- | | 债券简称：鹰 | 19 | 转债 | 债券代码：110063 | | | 山鹰国际控股股份公司 关于设立合伙企业引入长期投资者的进展公告 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。 一、交易概述 山鹰国际控股股份公司（以下简称"公司"或"山鹰国际"）拟以下属子公 司山鹰纸业（广东）有限公司（以下简称"广东山鹰"）100%股权和祥恒创意包 装股份公司（以下简称"祥恒创意"）36.56%股权作价 297,704.35 万元出资设立 芜湖胜鹰企业管理咨询合伙企业（有限合伙）（以下简称"胜鹰企管"），并以转 让合伙企业部分合伙份额的形式引入长期投资者中国东方资产管理股份有限公 司、财信吉祥人寿保险股份有限公司、信达资本管理有限公司和淄博恒铁投资合 伙企业（有限合伙），转让金额合计不超过人民币 7.475 亿元。具体内容刊登于 2025 年 8 月 1 ...

股票简称：山鹰国际 股票代码：600567 公告编号：临2025-069 债券简称：鹰19转债 债券代码：110063 山鹰国际控股股份公司 关于"鹰19转债"转股数额累计达到转股前 公司已发行股份总额10%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： ● 转股情况：截至2025年9月22日，"鹰19转债"累计转股金额为840,408,000元，累计转股数为 473,315,424股，占"鹰19转债"转股前公司已发行普通股股份总额的10.30%。 ● 未转股可转债情况：截至2025年9月22日，公司尚未转股的"鹰19转债"金额为1,019,591,000元，占"鹰 19转债"发行总量的54.82%。 一、可转债发行上市概况 经中国证券监督管理委员会《关于核准山鹰国际控股股份公司公开发行可转换公司债券的批复》（证监 许可[2019]2315号）核准，山鹰国际控股股份公司（以下简称"公司"或"本公司"）于2019年12月13日公 开发行总规模为18.60亿元的可转换公司债券，每张面值100元，债券期限为6 ...

Core Viewpoint - On September 23, Shanying International announced the sale of carbon emission quotas totaling 775,200 tons at an average transaction price of 100.69 yuan per ton, resulting in a total transaction amount of 78.0518 million yuan (including tax) [1] Summary by Category - **Carbon Emission Quotas** - The company has sold a total of 775,200 tons of carbon emission quotas through the national carbon emission trading system [1] - The average transaction price for these quotas was 100.69 yuan per ton [1] - The total amount from these transactions reached 78.0518 million yuan (including tax) [1] - **Transaction Details** - The sale was conducted through bulk agreements and listed trading methods [1] - The transaction does not involve related party transactions [1] - The sale does not constitute a major asset restructuring as defined by the "Measures for the Administration of Major Asset Restructuring of Listed Companies" [1]

| | | 山鹰国际控股股份公司 关于"鹰 19 转债"转股数额累计达到转股前 公司已发行股份总额 10%的公告 重要内容提示： 转股情况：截至2025年9月22日，"鹰19转债"累计转股金额为 840,408,000元，累计转股数为473,315,424股，占"鹰19转债"转股前公司已发 行普通股股份总额的10.30%。 未转股可转债情况：截至 2025 年 9 月 22 日，公司尚未转股的"鹰 19 转债"金额为 1,019,591,000 元，占"鹰 19 转债"发行总量的 54.82%。 股票简称：山鹰国际 股票代码：600567 公告编号：临 2025-069 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。 一、可转债发行上市概况 经中国证券监督管理委员会《关于核准山鹰国际控股股份公司公开发行可转 换公司债券的批复》（证监许可[2019]2315 号）核准，山鹰国际控股股份公司 （以下简称"公司"或"本公司"）于 2019 年 12 月 13 日公开发行总规模为 18.60 亿元的可转换公司债券，每张面值 100 元 ...

| | | 股票简称：山鹰国际 股票代码：600567 公告编号：临 2025-070 山鹰国际控股股份公司 关于公司及其下属子公司进行碳排放配额交易的 结果公告 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。 山鹰国际控股股份公司（以下简称"公司"）于 2024 年 9 月 23 日召开第九届 董事会第十九次会议，审议通过了《关于公司及其下属子公司进行碳排放配额交易 的议案》，公司及其下属子公司拟通过全国碳排放权交易系统以大宗协议、挂牌交 易等多种转让方式出售碳排放配额约 100 万吨，出售价格不低于 90 元/吨（含税）， 交易总金额约 9000 万元，并授权管理层在全国碳排放权交易系统进行交易。具体内 容详见公司于 2024 年 9 月 25 日在上海证券交易所网站（www.sse.com.cn）披露的 《关于公司及其下属子公司进行碳排放配额交易的公告》（公告编号：临 2024-117）。 一、交易概述 特此公告。 山鹰国际控股股份公司董事会 二○二五年九月二十四日 截至本公告披露日，公司通过全国碳排放权交易系统以大宗协 ...

Core Viewpoint - The company, Shanying International (600567.SH), has successfully sold a total of 775,200 tons of carbon emission quotas through the national carbon emission trading system, generating significant revenue from these transactions [1] Group 1 - The total amount of carbon emission quotas sold by the company is 775,200 tons [1] - The average transaction price for the carbon emission quotas was 100.69 yuan per ton [1] - The total transaction amount, including tax, reached 78.0518 million yuan [1] Group 2 - The sale of carbon emission quotas does not involve related party transactions [1] - The transaction does not constitute a major asset restructuring as defined by the regulations on major asset restructuring for listed companies [1]