广东松炀再生资源股份有限公司 2025 年第一次临时股东大会 会议资料 二〇二五年十二月 目 录 广东松炀再生资源股份有限公司 2025 年第一次临时股东大会会 议议程 会议议题： 1、审议《关于公司拟公开挂牌转让子公司松炀新材 100%股权的 议案》； 八、现场会议结束 一、与会人员签到、领取会议资料（14:00—14:30） 二、宣布会议开始并宣读到会股东和股东代表人数及代表股份数 广东松炀再生资源股份有限公司 2025 年第一次临时股东大会会议议程 现场会议召开时间：2025 年 12 月 2 日 14:30 网络投票时间：采用上海证券交易所网络投票系统，通过交易系统投票平台 的投票时间为股东大会召开当日的交易时间段，即 9:15-9:25,9:30-11:30， 13:00-15:00；通过互联网投票平台的投票时间为股东大会召开当日的 9:15-15:00。 现场会议地点：广东省汕头市澄海区凤翔街道海围片区风雅西路西北侧松炀 资源会议室。 会议主持人：公司董事长王壮加先生 现场会议议程： 三、审议会议议案 七、宣布现场表决结果 2025 年 12 月 2 日 1、审议《关于公司拟公开挂牌转让子公司松炀 ...

证券代码：603863 证券简称：松炀资源 公告编号：2025-048 广东松炀再生资源股份有限公司 开挂牌交易结果确定，如存在关联方参与并成为符合条件的意向受让方，公司将 及时按照相关规定履行关联交易的审议程序及信息披露义务。 松炀新材受行业市场整体下行、市场竞争加剧等因素影响，持续亏损，为了 降低运营成本，减少亏损，维护公司及全体股东利益，公司管理层经过审慎考虑， 决定对松炀新材公司实施停产。 本次拟公开挂牌转让子公司股权事项有利于公司优化业务结构，聚焦主业发 展，增强公司可持续发展的内生动力，符合公司发展战略，降低运营成本，避免 继续亏损，符合公司和全体股东的利益，授权公司管理层全权办理本次松炀新材 股权公开挂牌转让事宜。 第四届董事会第二十五次会议决议公告 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 广东松炀再生资源股份有限公司（以下简称"公司"）于 2025 年 11 月 4 日以邮件、书面方式向全体董事发出了以现场结合通讯表决方式召开第四届董事 会第二十五次会议的会议通知及相关议案 ...

本次股权转让有利于公司优化业务结构，聚焦主业发展，增强公司可持续发展的内生动力，符合公司发 展战略，降低运营成本，避免继续亏损，符合公司和全体股东的利益。若本次股权转让完成，公司将不 再对松炀新材实施控制，松炀新材将不再纳入公司合并财务报表范围。 智通财经APP讯，松炀资源(603863.SH)发布公告，公司拟通过广东股权交易中心公开挂牌转让全资子 公司汕头市松炀新材料特种纸有限公司(简称"松炀新材")100%的股权，本次公开挂牌转让以中联国际房 地产土地资产评估咨询(广东)有限公司出具的股权评估价值为依据，综合考虑资产市场价值等情况，拟 定首次挂牌转让底价为1亿元人民币。同时公司为了降低运营成本，减少亏损，维护公司及全体股东利 益，公司管理层经过审慎考虑，决定对松炀新材公司实施停产。 ...

格隆汇11月14日丨松炀资源(603863.SH)公布，公司拟通过广东股权交易中心公开挂牌转让全资子公司 汕头市松炀新材料特种纸有限公司(以下简称"松炀新材")100%的股权，本次公开挂牌转让以中联国际房 地产土地资产评估咨询(广东)有限公司出具的股权评估价值为依据，综合考虑资产市场价值等情况，拟 定首次挂牌转让底价为1亿元人民币。同时公司为了降低运营成本，减少亏损，维护公司及全体股东利 益，公司管理层经过审慎考虑，决定对松炀新材公司实施停产。 ...

每经AI快讯，11月14日，松炀资源（603863）(603863.SH)公告称，公司拟通过广东股权交易中心公开 挂牌转让全资子公司汕头市松炀新材料特种纸有限公司100%的股权，首次挂牌转让底价为1亿元。同 时，公司决定对松炀新材实施停产以降低运营成本。本次交易尚未确定交易对象，如存在关联方参与并 成为符合条件的意向受让方，公司将履行关联交易审议程序及信息披露义务。本次交易不构成重大资产 重组，需提交股东大会审议。 ...

Core Viewpoint - The company plans to transfer 100% equity of its wholly-owned subsidiary, Songyang New Materials, through a public listing at the Guangdong Equity Exchange Center, with a starting price of 100 million yuan [1] Group 1: Company Actions - The decision to transfer the subsidiary is aimed at revitalizing existing assets and optimizing the company's structure [1] - The board of directors has approved the transaction, which still requires approval from the shareholders' meeting [1] - The final outcome of the transaction remains uncertain as it does not constitute a major asset restructuring [1] Group 2: Financial Assessment - As of June 30, 2025, the total equity value assessment of Songyang New Materials is approximately 92.5647 million yuan [1] - The subsidiary has been continuously incurring losses due to market downturns and intensified competition, leading to the decision to cease production [1]

证券之星消息，11月14日造纸板块较上一交易日下跌0.87%，松炀资源领跌。当日上证指数报收于 3990.49，下跌0.97%。深证成指报收于13216.03，下跌1.93%。造纸板块个股涨跌见下表： | 代码 | 名称 | 主力净流入(元) | 主力净占比 游资净流入(元) | | 游资净占比 散户净流入 (元) | | 散户净占比 | | --- | --- | --- | --- | --- | --- | --- | --- | | 002235 安妮股份 | | 8508.95万 | 8.69% | -4399.93万 | -4.50% | -4109.02万 | -4.20% | | 002067 | 量兴纸业 | 2599.00万 | 4.57% | -1007.26万 | -1.77% | -1591.74万 | -2.80% | | 605500 森林包装 | | 528.96万 | 14.82% | -404.77万 | -11.34% | -124.19万 | -3.48% | | 605007 | 五洲特纸 | 267.28万 | 7.62% | -224.42万 | -6.40% | ...

Market Overview - The paper sector experienced a decline of 0.27% on November 12, with Jingxing Paper leading the drop [1] - The Shanghai Composite Index closed at 4000.14, down 0.07%, while the Shenzhen Component Index closed at 13240.62, down 0.36% [1] Individual Stock Performance - Notable gainers included Bohui Paper, which rose by 3.32% to a closing price of 5.92, with a trading volume of 419,400 shares and a transaction value of 244 million yuan [1] - Other gainers included Sun Paper with a 0.72% increase, closing at 15.42, and Kain Co. with a 0.50% increase, closing at 6.02 [1] - Decliners included Zhi Xing Paper, which fell by 3.28% to 5.89, and Yibin Paper, down 1.90% to 23.18 [2] Capital Flow Analysis - The paper sector saw a net outflow of 241 million yuan from institutional investors, while retail investors contributed a net inflow of 261 million yuan [2][3] - The data indicates that while institutional investors withdrew funds, retail investors were actively buying into the sector [2][3] Detailed Capital Flow for Selected Stocks - Bohui Paper had a net inflow of 31.14 million yuan from institutional investors, while it faced a net outflow of 33.86 million yuan from retail investors [3] - Hengfeng Paper experienced a small net inflow of 1.52 million yuan from institutional investors, with retail investors contributing a net inflow of 273,600 yuan [3] - Other stocks like Kain Co. and Huawang Technology saw significant net outflows from institutional investors, indicating a cautious sentiment among larger players [3]

Core Viewpoint - The paper industry sector experienced a slight increase of 0.32% on November 11, with Yibin Paper leading the gains, while the overall market indices showed declines [1]. Group 1: Market Performance - The Shanghai Composite Index closed at 4002.76, down 0.39%, and the Shenzhen Component Index closed at 13289.0, down 1.03% [1]. - Yibin Paper's stock price rose by 1.94% to 23.63, with a trading volume of 54,200 shares and a transaction value of 128 million yuan [1]. Group 2: Individual Stock Performance - Other notable performers included Minfeng Special Paper, which increased by 1.26% to 7.25, and Huatai Co., which rose by 1.19% to 4.25 [1]. - Qing Shan Paper and Rongsheng Environmental saw increases of 0.98% and 0.82%, respectively, with transaction values of 20.23 billion yuan and 44.36 million yuan [1]. Group 3: Capital Flow - The paper sector saw a net outflow of 354 million yuan from institutional investors, while retail investors contributed a net inflow of 353 million yuan [2]. - The capital flow data indicates that Yibin Paper had a net inflow of 11.48 million yuan from retail investors, despite a net outflow from institutional investors [3].

Group 1: Industry Overview - The number of enterprises in the paper and paper products industry reached 8,131 as of January to September 2025, an increase of 182 compared to the same period last year, representing a year-on-year growth of 2.29% [1] - The proportion of the paper and paper products industry enterprises in the total industrial enterprises is 1.56% [1] Group 2: Company Listings - Listed companies in the paper industry include: Chenming Paper (000488), Kane Co. (002012), Jingxing Paper (002067), Sun Paper (002078), Annie Co. (002235), Qifeng New Materials (002521), Qingshan Paper (600103), Minfeng Special Paper (600235), Huatai Co. (600308), Yueyang Forest Paper (600963), Bohui Paper (600966), Rongsheng Environmental Protection (603165), Xianhe Co. (603733), Songyang Resources (603863), Wuzhou Special Paper (605007), Huawang Technology (605377), and Forest Packaging (605500) [1] Group 3: Research Report - The report titled "Analysis of Development Models and Market Operation Potential of China's Paper Industry from 2026 to 2032" was published by Zhiyan Consulting [1] - Zhiyan Consulting is recognized as a leading industry consulting firm in China, specializing in in-depth industry research reports, business plans, feasibility studies, and customized services [2]