每经AI快讯，山鹰国际（SH 600567，收盘价：1.74元）12月24日晚间发布公告称，截至本公告日，泰 盛实业累计质押股数约为7.26亿股，占其所持股份比例为54.1%。吴明武累计质押股数约为5623万股， 占其所持股份比例为52.12%。 2025年1至6月份，山鹰国际的营业收入构成为：造纸占比66.57%，包装占比24.26%，商品流通占比 7.1%，其他业务占比1.39%，其他占比0.67%。 截至发稿，山鹰国际市值为110亿元。 每经头条（nbdtoutiao）——左手"欠款"右手"豪购"！杨陵江收购"国内酒庄第一股"，1919是否重启上 市？"吹太多牛都实现了，但千亿还没实现，我很着急" （记者 曾健辉） ...

山鹰国际公告称，近日控股股东泰盛实业将4260万股无限售条件流通股办理了解除质押及再质押手续， 解除质押登记日为2025年12月23日。同日，泰盛实业将4598万股质押给福州市金控商业保理有限公司， 质押期限至2026年7月23日，融资资金用于为指定贸易企业提供融资担保。截至公告披露日，控股股东 及其一致行动人合计持股占总股本25.94%，累计质押股份占其持股的47.80%，占总股本的12.40%。目 前相关质押风险可控。 ...

Group 1 - The paper and printing sector experienced localized fluctuations, with Nanwang Technology rising over 11% [1] - Wuzhou Special Paper surged to its daily limit, indicating strong market interest [1] - Other companies such as Minshida, Qingshan Paper, Songyang Resources, Shanying International, and Longlide also saw stock price increases [1]

Core Viewpoint - The stock of Shanying International (600567) has shown a decline in price and significant net outflow of main funds, indicating potential challenges in investor sentiment and financial performance [1][2]. Financial Performance - As of December 23, 2025, Shanying International's stock closed at 1.68 yuan, down 2.33% with a trading volume of 1.0884 million hands and a total transaction amount of 184 million yuan [1]. - For the third quarter of 2025, the company reported a main revenue of 72.91 billion yuan, a year-on-year decrease of 0.77%, and a net profit attributable to shareholders of -3.31 billion yuan, a decline of 636.03% [5]. - The company's total revenue for the first three quarters of 2025 was 211.33 billion yuan, down 2.17% year-on-year, with a net profit of -2.9 billion yuan, a decrease of 522.74% [5]. Fund Flow Analysis - On December 23, 2025, the main funds experienced a net outflow of 28.4956 million yuan, accounting for 15.47% of the total transaction amount, while retail investors saw a net inflow of 23.9955 million yuan, representing 13.03% [1][2]. - Over the past five days, the financing balance has fluctuated, with a balance of 4.59 billion yuan on December 23, 2025, and a net repayment of 1.7889 million yuan on the same day [3]. Industry Comparison - Shanying International's total market value is 10.597 billion yuan, significantly higher than the industry average of 6.713 billion yuan, ranking 4th in the industry [5]. - The company's net asset value stands at 17.017 billion yuan, also above the industry average of 4.067 billion yuan, ranking 2nd [5]. - However, the company has a negative net profit margin of -1.53%, compared to the industry average of -0.79%, indicating weaker profitability [5]. Institutional Ratings - In the last 90 days, two institutions have provided ratings for Shanying International, with one rating it as a buy and another as an increase [6].

以上内容为证券之星据公开信息整理，由AI算法生成（网信算备310104345710301240019号），不构成 投资建议。 来自交易信息汇总：12月23日主力资金净流出2849.56万元，占总成交额15.47%。 来自公司公告汇总：山鹰国际股份回购比例已达4.31%，支付资金总额约5.00亿元，部分股份已用 于可转债转股。 12月23日主力资金净流出2849.56万元，占总成交额15.47%；游资资金净流入450.01万元，占总成交额 2.44%；散户资金净流入2399.55万元，占总成交额13.03%。 公司公告汇总关于股份回购比例达1%及回购实施结果暨股份变动的公告 山鹰国际于2025年6月23日至12月22日实施股份回购，累计回购271,925,638股，占总股本的4.31%，回 购价格区间为1.63元/股至1.99元/股，支付资金总额约5.00亿元。本次回购股份中已有169,930,438股用于 可转债转股，剩余101,995,200股将用于员工持股计划或股权激励。回购股份存放于专用账户，不享有表 决权等股东权利。公司已按披露方案完成回购，不影响控制权及上市地位。 截至2025年12月23日收盘，山 ...

Core Viewpoint - The stock price of Shanying International has experienced a decline of 14.29% this year, with recent trading showing mixed performance, indicating potential volatility in the market [1]. Group 1: Stock Performance - As of December 23, Shanying International's stock price was 1.68 yuan per share, with a market capitalization of 10.597 billion yuan [1]. - The stock has seen a net outflow of 10.0831 million yuan in principal funds, with significant selling pressure observed [1]. - Over the past five trading days, the stock has increased by 2.44%, while it has decreased by 1.75% over the last 20 days and 10.16% over the last 60 days [1]. Group 2: Financial Performance - For the period from January to September 2025, Shanying International reported operating revenue of 21.133 billion yuan, a year-on-year decrease of 2.17% [2]. - The company recorded a net profit attributable to shareholders of -290 million yuan, reflecting a significant year-on-year decline of 522.74% [2]. Group 3: Shareholder Information - As of September 30, 2025, the number of shareholders for Shanying International increased to 196,100, up by 3.71% from the previous period [2]. - The average number of circulating shares per shareholder rose to 29,649 shares, an increase of 2.49% [2]. - The company has distributed a total of 1.807 billion yuan in dividends since its A-share listing, with 46.1256 million yuan distributed in the last three years [3].

Industry Overview - The paper industry is experiencing a simultaneous "shutdown wave" and "price increase wave" from late 2025 to early 2026, with major packaging paper companies like Nine Dragons, Shanying, Lee & Man, and Rongcheng initiating large-scale maintenance and capacity reduction [1] - Major white card and cultural paper manufacturers, including Bohui, APP, and Universal Paper, have collectively announced price increases, highlighting differences in cost structures and supply-demand relationships among various paper types [1] Production and Pricing Dynamics - Nine Dragons Paper is expected to reduce production by approximately 310,000 tons in the first quarter, while Shanying International will halt 12 corrugated paper machines for 5-10 days in January [1] - Lee & Man Paper will conduct maintenance on five paper machines in Guangdong for 15-22 days in February, driven by a decline in waste paper prices, which have dropped by 260-400 RMB/ton since December [1] - Bohui Paper and APP will raise industrial paper prices by 200 RMB/ton starting January 1, 2026, while Universal Paper will increase prices for white and food card paper by the same amount in mid-December, due to high costs of wood pulp and energy [1] Currency Impact - The appreciation of the RMB is seen as an additional benefit for the industry, as it will lower the import costs of pulp, thereby enhancing company profits [1] Market Sentiment and Future Outlook - Datong Securities indicates that the paper industry is benefiting from a "price increase bonus, supply contraction, and policy regulation," which strengthens the supply-demand balance [2] - CICC anticipates a moderate recovery in consumer demand by 2026, with the capacity expansion of boxboard and corrugated paper nearing completion, potentially leading to a recovery in capacity utilization and price levels [2] - CITIC Securities notes that the appreciation of the RMB will decrease import costs for raw materials like pulp, improving gross margins in processing and trading sectors [2] Company Developments - Bohui Paper announced a price increase of 200 RMB/ton for industrial paper starting January 1, 2026, and plans to expand its chemical pulp production capacity from 95,000 tons to 320,000 tons with a total investment of 1.70066 billion RMB [3] - Sun Paper, a leading player in the domestic paper industry, is accelerating the construction of several projects, including a 400,000-ton specialty paper project and a 300,000-ton living paper project, expected to enter trial production in Q3-Q4 of 2025 [3]

格隆汇12月22日丨山鹰国际(600567.SH)公布，截至2025年12月22日，公司本次股份回购计划实施完 毕。公司通过集中竞价交易方式已累计回购股份2.72亿股，占公司总股本的比例为4.31%，成交最高价 为1.99元/股，成交最低价为1.63元/股，成交均价为1.84元/股，已支付的资金总额约为人民币5亿元（不 含佣金等交易费用）。 ...

Core Viewpoint - The stock of Shanying International (600567) has shown a stable price of 1.72 yuan as of December 22, 2025, with a slight increase in trading volume and mixed capital flow dynamics [1][2]. Group 1: Stock Performance - As of December 22, 2025, Shanying International closed at 1.72 yuan, with no change in price [1]. - The trading volume was 1,499,900 hands, resulting in a total transaction value of 259 million yuan [1]. - The capital flow on December 22 indicated a net inflow of 19.79 million yuan from main funds, accounting for 7.63% of the total transaction value [1][2]. Group 2: Recent Capital Flow Trends - Over the past five days, the stock has experienced varying capital flows, with the highest net inflow from main funds recorded on December 18 at 41.99 million yuan [2]. - On December 19, the stock saw a net outflow of 34.87 million yuan from speculative funds, while on December 18, there was a net outflow of 1.47 million yuan from retail investors [2]. Group 3: Financial Metrics and Industry Comparison - Shanying International's total market capitalization is 10.849 billion yuan, ranking 4th in the paper and printing industry [3]. - The company reported a net profit of -290 million yuan, with a net profit margin of -1.53%, which is below the industry average [3]. - The company's gross margin stands at 7.91%, significantly lower than the industry average of 14.38% [3]. Group 4: Analyst Ratings - In the last 90 days, two institutions have provided ratings for Shanying International, with one rating as "Buy" and another as "Hold" [4].

证券代码：600567 证券简称：山鹰国际 公告编号：2025-096 山鹰国际控股股份公司 关于股份回购比例达 1%及回购实施结果 暨股份变动的公告 二、回购股份比例变动达到 1%的情况 根据《上海证券交易所上市公司自律监管指引第 7 号——回购股份》等相关 法律法规规定，在回购期间，回购股份占上市公司总股本的比例每增加 1%的，应 当在事实发生之日起 3 个交易日内予以披露。公司现将回购股份的进展情况公告 如下： 截至 2025 年 12 月 18 日，公司已通过集中竞价交易方式累计回购股份 203,714,938 股，占公司总股本（截至 2025 年 12 月 12 日）的 3.23%，回购成交 的最高价为 1.99 元/股，最低价为 1.63 元/股，支付的资金总额为 382,919,598.56 元（不含交易费用）。 三、回购实施情况 （一）2025 年 7 月 10 日，公司首次实施回购股份，并于 2025 年 7 月 12 日披 露了《关于以集中竞价交易方式首次回购股份公告》（公告编号：临 2025-054）。 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 ...