证券代码：600755 证券简称：厦门国贸 公告编号：2025-51 厦门国贸集团股份有限公司 关于为子公司提供担保的公告 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： 担保对象及基本情况 | | | 被担保人名称 本次担保金额 | 厦门国贸纸业有限公司 亿元 3 | | | | --- | --- | --- | --- | --- | --- | | 担 保 象 | 对 | | | | | | | | 实际为其提供的担保余额 | 81 | 亿元（不含本次） | | | | | 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：_________ | 累计担保情况 | 对外担保逾期的累计金额（亿元） | 0 | | --- | --- | | 截至本公告日上市公司及其控股 子公司对外担保总额（亿元） | 1,272.45 | | 对外担保总额占上市公司最近一 期经审计净资产的比例（%） | 385.24 | | ...

Core Viewpoint - The digital transformation is significantly impacting the traditional pulp and paper industry, enhancing efficiency and creating new business models through technologies like big data, IoT, and AI [1][4]. Group 1: Digital Transformation in the Pulp and Paper Industry - The pulp and paper industry is undergoing a transformation driven by digital technologies, which are addressing pain points in production and supply chain processes [1][6]. - Companies like Xiamen International Trade Group Co., Ltd. (Guomao) are showcasing innovative digital solutions, such as the "Guomao Cloud Chain," to enhance supply chain efficiency [1][2]. - The "Guomao Cloud Chain" allows real-time data analysis for procurement teams, improving decision-making by providing insights into market prices, supplier capacity, and inventory [2][3]. Group 2: Challenges and Solutions - The traditional supply chain model in the pulp and paper industry faces challenges such as high communication costs and inefficiencies in procurement processes [3][4]. - Guomao has developed a self-service procurement platform, "Guomao Cloud Chain. Pulp and Paper e-Station," which streamlines the purchasing process and reduces communication costs [3][4]. - The digital platform integrates various functions, including product procurement, electronic signatures, and supply chain finance, significantly speeding up the order process [3][4]. Group 3: Industry Growth and Innovation - The application of digital technologies has led to increased operational efficiency and competitiveness for companies in the pulp and paper industry, resulting in market share expansion and sales growth [4][6]. - The "paper cup" industrial park project exemplifies how digital supply chain integration can enhance collaboration across the entire industry chain, leading to cost reductions and improved product quality [4][6]. - Companies are actively pursuing patent strategies in areas related to big data analysis, IoT applications, and supply chain finance to strengthen their market position [4][6]. Group 4: Collaborative Efforts in the Industry - The pulp and paper industry is witnessing collaborative innovation among various stakeholders, including leading companies, universities, and research institutions [6][7]. - Shandong Chenming Paper Group Co., Ltd. is investing in technology innovation and product upgrades, holding over 80 patents and focusing on high-end packaging and cultural arts applications [6][7]. - Universities like Jiangnan University are contributing to the industry by conducting research in fiber resource utilization and green pulping technologies, facilitating the transfer of research outcomes into practical applications [7].

登录新浪财经APP 搜索【信披】查看更多考评等级 2025年6月17日，公司召开第十一届董事会2025年度第十次会议及第十一届监事会2025年度第五次会 议，审议通过了《关于回购注销部分限制性股票的议案》。具体内容详见公司2025年6月18日于上海证 券交易所网站（www.sse.com.cn）披露的《厦门国贸集团股份有限公司关于回购注销部分限制性股票的 公告》（公告编号：2025-46）。 证券代码：600755 证券简称：厦门国贸 编号：2025-50 厦门国贸集团股份有限公司 股权激励限制性股票回购注销实施公告 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： ●回购注销原因：厦门国贸集团股份有限公司（以下简称"公司"）2022年限制性股票激励计划（以下简 称"2022年激励计划"）中70名激励对象因架构调整、工作调动等原因调动至厦门国贸控股集团有限公司 或其下属企业任职，50名激励对象因离职，4名激励对象因退休，不再具备激励资格；公司2022年激励 计划首次授予第三个解除限售期和预留授予第二个解除限售期公 ...

证券代码：600755 证券简称：厦门国贸 编号：2025-50 厦门国贸集团股份有限公司 股权激励限制性股票回购注销实施公告 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： ●回购注销原因：厦门国贸集团股份有限公司（以下简称"公司"）2022年 限制性股票激励计划（以下简称"2022年激励计划"）中70名激励对象因架构调 整、工作调动等原因调动至厦门国贸控股集团有限公司或其下属企业任职，50 名激励对象因离职，4名激励对象因退休，不再具备激励资格；公司2022年激励 计划首次授予第三个解除限售期和预留授予第二个解除限售期公司层面业绩未 达到考核目标。公司回购注销前述涉及的已获授但尚未解除限售的限制性股票合 计29,842,451股。 ●本次注销股份的有关情况： 一届监事会 2025 年度第五次会议，审议通过了《关于回购注销部分限制性股票 的 议 案 》。 具 体 内 容 详 见 公 司 2025 年 6 月 18 日 于 上 海 证 券 交 易 所 网 站 （www.sse.com.cn）披露的《厦门国贸集团 ...

证券代码：600755 证券简称：厦门国贸 编号：2025-50 厦门国贸集团股份有限公司 股权激励限制性股票回购注销实施公告 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： ●回购注销原因：厦门国贸集团股份有限公司（以下简称"公司"）2022年 限制性股票激励计划（以下简称"2022年激励计划"）中70名激励对象因架构调 整、工作调动等原因调动至厦门国贸控股集团有限公司或其下属企业任职，50 名激励对象因离职，4名激励对象因退休，不再具备激励资格；公司2022年激励 计划首次授予第三个解除限售期和预留授予第二个解除限售期公司层面业绩未 达到考核目标。公司回购注销前述涉及的已获授但尚未解除限售的限制性股票合 计29,842,451股。 ●本次注销股份的有关情况： | 回购股份数量 | 注销股份数量 | 注销日期 | | --- | --- | --- | | 29,842,451股 | 29,842,451股 | 2025年8月26日 | 一、本次限制性股票回购注销的决策与信息披露 2025 年 6 月 17 ...

上海市通力律师事务所 关于厦门国贸集团股份有限公司 回购注销 2022 年限制性股票激励计划部分限制性股票 的法律意见书 致: 厦门国贸集团股份有限公司 敬启者: 上海市通力律师事务所(以下简称"本所")受厦门国贸集团股份有限公司(以下简称"厦 门国贸"或"公司")委托, 指派翁晓健律师、孙文律师(以下简称"本所律师")作为公司特 聘专项法律顾问, 根据《中华人民共和国公司法》(以下简称"《公司法》")、《中华人民共和 国证券法》(以下简称"《证券法》")、中国证券监督管理委员会(以下简称"中国证监会") 发布的《上市公司股权激励管理办法》(以下简称"《管理办法》")、《国有控股上市公司(境 内)实施股权激励试行办法》(以下简称"《试行办法》")、《关于规范国有控股上市公司实施 股权激励制度有关问题的通知》(国资发分配[2008]171 号)等法律、行政法规和其他规范性 文件(以下简称"法律、法规和规范性文件")和《厦门国贸集团股份有限公司章程》(以下简 称"《公司章程》")的有关规定, 就公司回购注销 2022 年限制性股票激励计划(以下简称 "2022 年激励计划")部分限制性股票(以下简称"本次回购注销 ...

Group 1: Liquidity and Fund Performance - The cash flow ETF managed by Jiashi has a turnover rate of 2.1% with a transaction volume of 24.85 million yuan [2] - Over the past month, the average daily transaction volume of the cash flow ETF reached 56.18 million yuan [2] - In the last two weeks, the cash flow ETF saw a significant scale increase of 324 million yuan, ranking first among comparable funds [2] - The fund's shares increased by 25.5 million shares in the last two weeks, indicating substantial growth [2] - In the last ten trading days, the cash flow ETF attracted a total of 301 million yuan in inflows [2] Group 2: Top Holdings and Index Composition - As of July 31, 2025, the top ten weighted stocks in the Guozheng Free Cash Flow Index include SAIC Motor, China National Offshore Oil, Midea Group, Gree Electric Appliances, Luoyang Molybdenum, China Aluminum, Xiamen International Trade, Shanghai Electric, Chint Electric, and China Power, collectively accounting for 57.66% of the index [2] Group 3: Market Trends and Investment Strategies - According to Zhongtai Securities, the current low-risk interest rates and policies enhancing cash flow visibility have made coal stocks with high dividend yields (5%-10%) more attractive to investors [4] - The Social Security Fund's contributions and state-owned asset revitalization policies further support this trend by stabilizing costs and enhancing the value of high-dividend assets [4] - The market is currently prioritizing dividend returns over cyclical resilience, leading to a defensive allocation of funds [4] - Guotai Haitong notes that current policies are tightening capital outflows through stricter regulations, promoting dividends through both encouragement and mandatory measures [5] - The regulatory environment is improving shareholder returns, with the potential for a systematic increase in the valuation of the CSI 300 index, particularly benefiting high-quality blue-chip stocks with stable cash flows and high dividend capabilities [5]

Group 1 - The core viewpoint of the news highlights the strong performance of dividend assets, particularly bank stocks, amidst a low interest rate environment, with a consensus on their long-term investment value [1][2] - As of August 18, 2025, 121 listed companies have announced cash dividend plans totaling 108.6 billion yuan, indicating a robust trend in mid-year dividends [1] - The China Securities Index Company notes that the dividend distribution characteristics this year include an increase in the number of companies distributing dividends, larger scales, a higher proportion of net profits, and enhanced sustainability and predictability [1] Group 2 - The CSI State-Owned Enterprises Dividend Index (000824) tracks 100 listed companies with high cash dividend yields and stable distributions, reflecting the overall performance of high-dividend securities among state-owned enterprises [2] - As of July 31, 2025, the top ten weighted stocks in the CSI State-Owned Enterprises Dividend Index account for 16.77% of the index, with significant contributors including COSCO Shipping Holdings (601919) and Jizhong Energy (000937) [2][4] - The National State-Owned Enterprises Dividend ETF (159515) closely follows the CSI State-Owned Enterprises Dividend Index, indicating a growing interest in dividend-focused investment products [2][4]

证券之星消息，8月19日，厦门国贸（600755）融资买入1591.06万元，融资偿还1185.63万元，融资净买 入405.42万元，融资余额5.37亿元，近3个交易日已连续净买入累计1261.85万元。 | 交易日 | 融资净买入(元) | 融资余额(元) | 占流通市值比 | | --- | --- | --- | --- | | 2025-08-19 | 405.42万 | 5.37亿 | 4.01% | | 2025-08-18 | 704.79万 | 5.33亿 | 3.98% | | 2025-08-15 | 151.63万 | 5.27亿 | 3.94% | | 2025-08-14 | -718.41万 | 5.25 Z | 3.97% | | 2025-08-13 | 476.29万 | 5.33亿 | 3.98% | 融券方面，当日融券卖出1900.0股，融券偿还1100.0股，融券净卖出800.0股，融券余量22.21万股。 | 交易日 | 融券冷卖出(股) | | 副券会重(股) | 融券余额(元) | | --- | --- | --- | --- | --- | | 2025-0 ...

Core Insights - The Guozheng Free Cash Flow Index has increased by 0.50% as of August 20, 2025, with leading stocks including Yuntianhua, Mould Technology, Mulinsen, Jiejia Weichuang, and Baiyin Nonferrous Metals [1] - The Free Cash Flow ETF (159201) has risen by 0.55%, with a latest price of 1.09 yuan, and has seen a turnover rate of 1.76% with a transaction volume of 68.6096 million yuan [1] - Over the past week, the Free Cash Flow ETF has averaged a daily transaction volume of 343 million yuan, ranking first among comparable funds [1] Fund Performance - As of August 19, 2025, the Free Cash Flow ETF has achieved a net value increase of 8.74% over the past six months [2] - The ETF's highest single-month return since inception is 3.62%, with the longest consecutive monthly gain being three months and a maximum increase of 9.05% [2] - The ETF has a monthly profit percentage of 80.00% and a historical six-month holding profit probability of 100.00% [2] Fund Metrics - The management fee for the Free Cash Flow ETF is 0.15%, and the custody fee is 0.05%, making it the lowest among comparable funds [2] - The tracking error for the ETF over the past month is 0.040%, indicating the highest tracking precision among comparable funds [2] - The ETF closely tracks the Guozheng Free Cash Flow Index, which reflects the price changes of listed companies with high and stable free cash flow levels [2] Top Holdings - The top ten weighted stocks in the Guozheng Free Cash Flow Index account for 57.66% of the index, including SAIC Motor, China National Offshore Oil, Midea Group, and Gree Electric [2][4] - The weightings of the top stocks are as follows: SAIC Motor (10.18%), China National Offshore Oil (9.81%), Midea Group (9.28%), and Gree Electric (7.56%) [4]