Group 1 - The stock price of Shanying International is 1.92 yuan as of August 6, 2025, remaining unchanged from the previous trading day, with a trading volume of 1.8055 million hands and a transaction amount of 345 million yuan [1] - Shanying International operates in the paper printing industry, with main businesses including paper manufacturing, packaging, and trade [1] - The company announced plans to establish a partnership by utilizing 100% equity of its subsidiary Guangdong Shanying and 36.56% equity of Xiangheng Creative, aiming to raise no more than 748 million yuan [1] Group 2 - For the year 2024, Shanying International reported an operating revenue of 29.229 billion yuan, a year-on-year decrease of 0.35%, and a net profit attributable to shareholders of -450 million yuan [1] - In the first quarter of 2025, the company achieved an operating revenue of 6.766 billion yuan, a year-on-year increase of 1.45%, but the net profit attributable to shareholders decreased by 16.00% to 32.8145 million yuan [1] - As of the end of the first quarter, the company had short-term borrowings of 15.363 billion yuan and cash and cash equivalents of 4.757 billion yuan [1]

内容概要：随着国内经济稳定发展，电子商务、物流等行业快速崛起，包装用纸需求激增。废纸浆成本 较低，适合生产瓦楞纸、纸板等包装用纸，能满足市场对包装材料的大量需求，从而推动了废纸浆生产 量的增长。同时，受"禁废令"影响，进口废纸归零，导致原生浆缺口扩大。企业为弥补原料不足，需增 加废纸浆生产以满足市场需求，加剧了废纸浆产量上升趋势。此外，政府发布一系列政策，积极推动循 环经济，支持废纸回收利用，为废纸浆行业创造了良好政策环境，这也进一步推动其产量上升。数据显 示，2018年中国废纸浆行业产量达到5444万吨，到了2024年行业产量增加到6318万吨，年复合增长率为 2.5%。 国家对环保产业的大力支持，尤其是对可再生资源的利用政策，给废纸浆行业提供了政策支持。如2022 年12月发布的《"十四五"扩大内需战略实施方案》中，提出健全强制报废制度和废旧家电等耐用消费品 回收处理体系，加快构建废旧物资循环利用体系，加强废纸、废塑料、废旧轮胎、废金属、废玻璃、废 旧农膜等再生资源回收利用，提升资源产出率。2024年2月发布的《关于加快构建废弃物循环利用体系 的意见》中，提出鼓励废钢铁、废有色金属、废纸、废塑料等再生资源 ...

证券之星消息，截至2025年8月5日收盘，山鹰国际(600567)报收于1.92元，上涨0.52%，换手率3.56%， 成交量194.78万手，成交额3.74亿元。 8月5日的资金流向数据方面，主力资金净流出6218.26万元，占总成交额16.63%，游资资金净流入 3551.28万元，占总成交额9.5%，散户资金净流入2666.99万元，占总成交额7.13%。 近5日融资融券数据一览见下表： 该股主要指标及行业内排名如下： | 指标 | 山鹰国际 | 造纸印刷行业均值 | 行业排名 | | --- | --- | --- | --- | | 总市值 | 105.05亿元 | 65.41亿元 | 4 38 | | 净资产 | 168.57亿元 | 42.36亿元 | 2 38 | | 净利润 | 3281.45万元 | 2184.79万元 | 17 38 | | 市盈率(动) | 80.03 | 144.96 | 25 38 | | 市净率 | 0.69 | 3.82 | 2 38 | | 毛利率 | 9.88% | 13.8% | 28 38 | | 净利率 | 0.36% | -0.29% | 32 38 ...

近日，山鹰国际再抛资本运作，公司拟以两家子公司股权作价近30亿元出资设立合伙企业，并通过出售合伙企业 份额引入超7亿元长期资金。但这对于短期借款高达150多亿元的山鹰国际来说，或许是"杯水车薪"。 来源：摄图网 计划引入超7亿元长期资金，山鹰国际新设合伙企业有何特别？ 8月1日，山鹰国际（600567.SH）公告拟通过设立合伙企业引入多家长期投资者。 公告显示，山鹰国际拟与信达资本旗下全资子公司鑫盛利保共同出资29.78亿元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）。 其中，山鹰国际拟以山鹰纸业（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%股权分别认缴出资21.77亿元、8亿元，合计占胜鹰企管总规模的99.97%；鑫盛利保以 现金认缴出资100万元，占胜鹰企管总规模的0.03%。 广东山鹰、祥恒创意都是山鹰国际的全资子公司，山鹰国际强调两者为公司造纸和包装板块优质资产。 从财务数据看，截至2025年一季度末，广东山鹰资产总额为51.07亿元，净资产为21.91亿元；祥恒创意的资产总额 为65.79亿元，净资产为21.99亿 ...

Core Viewpoint - Company is implementing a significant strategic initiative to attract long-term investors and enhance its integrated paper packaging business, driven by the need to improve sustainability and core competitiveness [1] Group 1: Strategic Move - Company plans to establish a partnership with Xinsengli Bao Equity Investment Co., a subsidiary of Cinda Capital, to jointly invest 2.978 billion yuan in the establishment of Wuhu Shengying Enterprise Management Consulting Partnership [2] - The company will transfer part of its equity in subsidiaries, including 100% of Guangdong Shanying and 36.56% of Xiangheng Packaging, to raise over 7 billion yuan [2][3] - The funds raised will be used for production operations, research and development of new production capabilities, and upgrading existing production lines to further develop the integrated paper packaging business [3] Group 2: Financial Situation - As of March 31, 2025, Guangdong Shanying has total assets of 5.107 billion yuan and net assets of 2.191 billion yuan, while Xiangheng Packaging has total assets of 6.579 billion yuan and net assets of 2.199 billion yuan, together accounting for 21.65% and 29.05% of the company's total assets and equity, respectively [3] - In 2024, Guangdong Shanying achieved revenue of 3.019 billion yuan and net profit of 25.138 million yuan, while Xiangheng Packaging generated revenue of 7.173 billion yuan and net profit of 81.543 million yuan, together representing 34.87% of the company's total revenue [4] Group 3: Historical Context and Challenges - Company has faced significant challenges due to high debt levels and industry downturns, leading to a net profit loss in 2024 [1][5] - Since 2013, the company has pursued aggressive debt-fueled expansion, resulting in cumulative investment cash outflows of approximately 27.5 billion yuan from 2014 to September 2024 [6] - The company has been forced to frequently seek external financing, with direct financing totaling 26.9 billion yuan and bank loans amounting to 25.395 billion yuan over the past decade [7]

| 代码 | 名称 | 最新价 | 涨跌幅 ▽ | | --- | --- | --- | --- | | 00731 建发新胜 | | 0.208 | 6.67% | | 02689 | 玖龙纸业 | 4.620 4.29% | | | 02314 理文造纸 | | 2.680 | 4.28% | 今年以来，造纸企业已在1月—3月和5月进行过两轮提价，而本轮主要是包装纸价格上涨。原材料、能 源及物流等成本上升成为此轮涨价的主要推动因素。业界认为，纸企近期连番发涨价函拉涨纸品出厂价 格，可看作是包装纸行业对今年以来不断下探的市场行情的一次"反攻"。 此次涨价潮对造纸行业上市公司而言，短期内有助于缓解成本压力，但长期的行业健康发展仍需解决产 能过剩、需求提振以及规范市场竞争等多方面问题。(格隆汇) 消息上，刚进入8月，造纸行业便迎来一轮涨价潮。玖龙纸业、理文造纸、山鹰国际等龙头企业近日相 继发布涨价函，宣布自8月1日起上调多款产品价格。这已是7月以来包装纸行业发起的第四轮涨价，显 示出行业调价频率明显加快。 港股纸业股盘初拉升上涨，其中，建发新胜涨近7%，玖龙纸业、理文造纸涨4.3%。 ...

Group 1 - The stock price of Shanying International closed at 1.91 yuan on August 4, 2025, down by 0.04 yuan from the previous trading day, with a trading volume of 2.0132 million shares and a transaction amount of 386 million yuan [1] - The main business segments of Shanying International include paper making, packaging, and commodity circulation, with paper making accounting for 68.09% of total revenue, packaging 24.06%, and commodity circulation 6.89% in 2024 [1] - As of July 31, 2025, Shanying International has repurchased a total of 60.61 million shares, representing 1.11% of the total share capital, with the highest repurchase price at 1.96 yuan per share and the lowest at 1.91 yuan per share, totaling approximately 117 million yuan in funds paid [1]

记者丨易佳颖 编辑丨黄剑 "自8月1日起，瓦楞纸价格、再生牛卡纸价格上调30元/吨""再生纸、瓦楞纸、纱管纸所有克重统一上调 50元/吨"。 自7月初以来，这样的涨价函正密集砸向包装纸市场。玖龙纸业在短短一个月内已六次宣布调涨瓦楞 纸、再生牛卡纸等纸张价格，山鹰国际、理文造纸、湖北荣成等头部纸企紧随其后，纷纷宣布8月起将 执行新价格。 "7月异常降雨严重阻碍废纸回收，"广东造纸行业协会常务副会长陈竹在接受21世纪经济报道记者采访 时指出："近期纸价上行主要受成本端驱动，废纸原料占生产成本70%~80%。广东地区因持续降雨的异 常气候导致废纸回收与物流受阻，进一步加剧供应紧张，对成本构成显著压力。" 卓创数据显示，7月下旬废黄板纸均价达1482元/吨，同比上涨2.75%。然而，若将视野放得更远些，此 番涨价的背后是造纸行业困于"低价内卷"。"在行业出现亏损或微利、已无进一步降价空间的背景下， 纸价反弹成为供需触底后的市场自发现象。"在卓创资讯瓦楞纸分析师李莉看来，此轮涨价承载双重目 的：其一为修复纸厂自身利润水平；其二则为利用价格信号刺激下游在关键节点补库，从而有效缓解纸 厂高企的库存压力。 除了集体提价外，纸 ...

证券之星消息，8月4日造纸板块较上一交易日上涨0.12%，凯恩股份领涨。当日上证指数报收于 3583.31，上涨0.66%。深证成指报收于11041.56，上涨0.46%。造纸板块个股涨跌见下表： | 代码 | 名称 | 收盘价 | 涨跌幅 | 成交量(手) | 成交额(元) | | --- | --- | --- | --- | --- | --- | | 002012 | 凯恩股份 | 6.31 | 5.87% | 99.41万 | 6.25亿 | | 000488 | ST晨鸣 | 2.05 | 3.02% | 42.54万 | 8634.25万 | | 603733 | 仙鹤股份 | 22.00 | 2.28% | 4.09万 | 8993.79万 | | 833394 | 民士达 | 43.20 | 1.65% | 1.63万 | 7024.96万 | | 600235 | 民丰特纸 | 6.57 | 1.23% | 6.17万 | 4022.77万 | | 605500 | 蒜林包装 | ਰੇ ਰੇਖੋ | 1.12% | 7.68万 | 7565.20万 | | 301469 | 恒达新材 | ...

证券之星消息，山鹰国际(600567)08月04日在投资者关系平台上答复投资者关心的问题。 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。 投资者提问：鹰19转债12月到期。请问公司到期还款的资金准备如何了？公司计划如何解决鹰19转债？ 山鹰国际回复：您好，公司将全力围绕"鹰19转债"的兑付开展工作，做好备付金保障。公司持续聚焦核 心主业，已有序处置非主业资产北欧纸业股权及产业并购基金，回收相关价款合计16.17亿元；通过设 立合伙企业，以子公司股权作价引入国资长期投资者，构筑长期资本与产业韧性。公司将继续推动非主 业资产剥离事项，进一步优化资产结构，增强抗风险能力。感谢您的关注。 ...