证券代码：603899 证券简称：晨光股份 公告编号：2025-017 上海晨光文具股份有限公司 关于开展外汇衍生品交易业务的公告 1 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： 交易目的：为有效规避外汇市场的风险，防范汇率大幅波动对上海晨光 文具股份有限公司（以下简称"公司"）及子公司造成不良影响，结合资金管理 要求和日常经营的需要，公司拟与金融机构开展外汇衍生品交易业务。 交易品种及工具：外汇远期、外汇掉期、外汇期权、结构性远期、利率 掉期、货币互换等产品或上述产品的组合。 交易场所：具有外汇衍生品交易业务经营资质的境内外商业银行。 交易金额：公司及子公司拟开展的外汇衍生品交易业务，在期限内任一 时点的外汇衍生品余额不超过 7.5 亿元人民币（或其他等值外币）。在期限内任 一时点占用的交易保证金和权利金余额不超过 0.7 亿元人民币（或其他等值外 币）。交易期限自公司第六届董事会第十一次会议审议通过之日起 12 个月内有效。 在交易期限内任一时点的交易金额（含前述交易的收益进行再交易的相关金额） 不超过 ...

晨光股份（603899）公告，2025年第一季度营收为52.45亿元，同比下降4.39%；净利润为3.18亿元，同 比下降16.23%。 ...

Core Points - The CSI All Share Commercial Services and Commercial Goods Index reported a decline of 1.62% over the past month, an increase of 6.05% over the past three months, and a year-to-date increase of 4.15% [1] - The index is categorized into 11 primary industries, 35 secondary industries, over 90 tertiary industries, and more than 200 quaternary industries, providing a comprehensive analysis tool for investors [1] - The index's base date is December 31, 2004, with a base point of 1000.0 [1] Index Holdings - The top ten weighted stocks in the index include: - Xiaogoods City (11.09%) - Dinglong Co., Ltd. (5.85%) - Huace Testing (5.03%) - Hainan Huatie (4.43%) - Liyuan Information (3.03%) - Chenguang Co., Ltd. (3.01%) - Shannon Chip Creation (2.23%) - Juran Smart Home (2.23%) - China Automotive Research (2.05%) - Shenzhen Huaqiang (2.04%) [1] Market Distribution - The market distribution of the index holdings shows that the Shenzhen Stock Exchange accounts for 62.53%, the Shanghai Stock Exchange for 37.14%, and the Beijing Stock Exchange for 0.33% [2] - The industry composition of the index holdings includes: - Other Commercial Services and Goods: 35.04% - Traders: 32.62% - Market Services: 18.09% - Office Services and Goods: 10.79% - Commercial Printing: 3.46% [2] Sample Adjustment - The index samples are adjusted biannually, with adjustments implemented on the next trading day following the second Friday of June and December each year [2] - Weight factors are generally fixed until the next scheduled adjustment, with temporary adjustments made in response to special events affecting sample companies [2]

证券代码：603899 证券简称：晨光股份 公告编号：2025-015 上海晨光文具股份有限公司 关于注销部分回购股份并减少注册资本 暨通知债权人的公告 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。 一、通知债权人的原由 上海晨光文具股份有限公司（以下简称"公司"）于 2025 年 3 月 24 日、2025 年 4 月 16 日分别召开第六届董事会第十次会议、2024 年年度股东大会，审议通 过了《关于变更部分回购股份用途并注销的议案》，同意对回购专用证券账户中 已回购的 2,858,043 股的用途进行变更，由"用于股权激励或员工持股计划"变 更为"用于注销并相应减少注册资本"。具体内容详见公司于 2025 年 3 月 26 日 披露的《上海晨光文具股份有限公司关于变更部分回购股份用途并注销的公告》 （公告编号：2025-010）。 本次注销回购股份完成后，公司股份总数将由 923,828,420 股减少为 920,970,377 股，注册资本将由 923,828,420 元减少为 920,970,377 元。 二、需债 ...

证券代码：603899 证券简称：晨光股份 公告编号：2025-014 上海晨光文具股份有限公司 2024 年年度股东大会决议公告 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法律责任。 重要内容提示： 本次会议是否有否决议案：无 一、 会议召开和出席情况 | 1、出席会议的股东和代理人人数 | 279 | | --- | --- | | 2、出席会议的股东所持有表决权的股份总数（股） | 641,974,119 | | 3、出席会议的股东所持有表决权股份数占公司有表决权股 | | | 份总数的比例（%） | 70.1002 | (四) 表决方式是否符合《公司法》及《公司章程》的规定，大会主持情况等。 本次会议由董事会召集，公司董事长陈湖文先生主持会议。会议采用现场投 票和网络投票相结合的表决方式。本次会议的召集、召开程序以及表决方式和表 (一) 股东大会召开的时间：2025 年 4 月 16 日 (二) 股东大会召开的地点：上海市松江区新桥镇千帆路 288 弄 5 号楼 (三) 出席会议的普通股股东和恢复表决权的优先股股东及其持有股 ...

关于上海晨光文具股份有限公司 2024年年度股东大会之法律意见书 致:上海晨光文具股份有限公司 君合律师事务所上海分所〈以下简称"本所"）接受上海晨光文具股份有限公 司（以下简称"公司"）的委托，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》"《上市公司股东大会 规则》(以下简称"《股东大会规则》")等法律、法规、规范性文件（以下简称"法 律、法规"）及《上海晨光文具股份有限公司章程》(以下简称"《公司章程》"）的 有关规定,按照律师行业公认的业务标准、道德规范和勤勉尽责精神,就公司 2024 年年度股东大会（以下简称"本次股东大会"）有关事宜出具本法律意见书。 为出具本法律意见书之目的，本所律师对公司提供的与本次股东大会有关的 文件和事实进行了核查和验证。在本所律师对公司提供的有关文件进行核查和验 证的过程中,本所假设: 1. 提供予本所之文件中的所有签署、盖章及印章都是真实的,所有作为正本 提交给本所的文件都是真实、准确、完整的; 2. 提供予本所之文件中所述的全部事实都是真实、准确、完整的; 3. 提供予本所之文件的签署人均具有完全的民事行为能力， ...

Investment Rating - The report maintains a "Buy" rating for the company [1][4]. Core Insights - The company is focusing on enhancing product value through a strong IP and functional strategy, aiming to meet diverse consumer needs and expand its market presence internationally [4][15]. - The overseas market is showing initial signs of contribution, with a projected revenue of 1.039 billion yuan in 2024, representing a 22% year-on-year growth [4][15]. - The company plans to strengthen its IP strategy in 2025, targeting high-value stationery products that appeal to younger consumers [4][15]. Financial Data and Valuation - Revenue projections for the company are as follows: - 2023A: 23.351 billion yuan - 2024A: 24.228 billion yuan - 2025E: 27.566 billion yuan - 2026E: 31.143 billion yuan - 2027E: 35.125 billion yuan - Net profit estimates are: - 2023A: 1.527 billion yuan - 2024A: 1.396 billion yuan - 2025E: 1.607 billion yuan - 2026E: 1.831 billion yuan - 2027E: 2.075 billion yuan - The company’s earnings per share (EPS) are projected to be: - 2023A: 1.65 yuan - 2024A: 1.51 yuan - 2025E: 1.74 yuan - 2026E: 1.98 yuan - 2027E: 2.25 yuan - The price-to-earnings (P/E) ratio for 2025 is estimated at 18 times, indicating a relatively low valuation compared to the past decade [3][4]. Product Strategy and Market Expansion - The company emphasizes product strength through a combination of strong IP and functionality, which has been a key driver for product upgrades [8][14]. - The independent brand "Qi Zhi Hao Wan" is rapidly developing, focusing on popular two-dimensional IPs and expanding its product offerings [20][22]. - The company is actively pursuing international expansion, particularly in Southeast Asia and Africa, where it has established a significant market presence [4][15]. Investment Recommendations - The company plans to enhance shareholder returns through dividends and share buybacks, with a combined ratio of 73% in 2024 [4][15]. - The report anticipates steady growth in net profit for the years 2025 to 2027, with expected increases of 15%, 14%, and 13% respectively [4][15].

关于召开 2024 年度业绩说明会的公告 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。 上海晨光文具股份有限公司 重要内容提示： 上海晨光文具股份有限公司（以下简称"公司"）已于 2025 年 3 月 26 日发 布公司 2024 年年度报告，为便于广大投资者更全面深入地了解公司 2024 年度经 营成果、财务状况，公司计划于 2025 年 4 月 23 日（星期三）下午 15:00-16:30 举行 2024 年度业绩说明会，就投资者关心的问题进行交流。 一、说明会类型 本次投资者说明会以视频结合网络互动形式召开，公司将针对 2024 年度经 营成果及财务指标的具体情况与投资者进行互动交流和沟通，在信息披露允许的 范围内就投资者普遍关注的问题进行回答。 二、说明会召开的时间、地点 会议召开时间：2025 年 4 月 23 日（星期三）下午 15:00-16:30 会议召开地点：上海证券交易所上证路演中心 （网址：https://roadshow.sseinfo.com/） 会议召开方式：视频结合网络互动 投资者可于 202 ...

以下文章来源于数据宝 ，作者宁墨 数据宝 . 数据宝——证券时报智能原创新媒体，中国股市大数据新媒体领先品牌，依托证券时报财经数据库和证监会 指定信息披露媒体的权威信息，让您用手机也能从海量数据中获得有用的决策信息支持，数据是个宝，炒股 少烦恼！ 近日，美国宣布对所有贸易伙伴征收"对等关税"，全球资本市场剧烈震荡。在外部风险加剧的背景下，资金会倾 向于流向更具稳定性和盈利能力的资产，A股中长期维持高净资产收益率的公司，正是这类优质企业的代表。 7股近10年净资产收益率均超15% 净资产收益率（ROE）作为衡量企业盈利能力的核心指标，备受投资大佬青睐。巴菲特曾提出："如果非要我用一个 指标进行选股，我会选择ROE，那些ROE能常年持续稳定在20%以上的公司都是好公司，投资者应当考虑买入。" 一般来说，长期维持高ROE的企业，往往具备稳健的经营策略和持续的盈利水平，并且拥有强大的竞争优势，涵盖 出色的管理团队、强大的专利技术、特许经营权、行业先发优势或规模优势，以及优秀的团队和创新能力等特征。 据证券时报·数据宝统计，截至4月6日，在2015年前上市且披露2024年年报的A股公司中，有7股去年境外收入占比低 于1 ...

Core Points - The company held its 2024 Annual General Meeting on April 16, 2025, to discuss various proposals and reports related to its operations and financial performance [1][2][3]. Meeting Procedures - The meeting established a secretariat to manage procedural matters and emphasized the importance of maintaining order and efficiency during discussions [1][2]. - Shareholders and representatives have the right to speak, ask questions, and vote, with a limit on the number of speakers to ensure efficiency [2]. - A total of 12 proposals were presented, with specific voting requirements for certain items, including special resolutions needing two-thirds approval [2][3]. Financial Performance - For the reporting period, the company achieved a revenue of 242.28 billion yuan, representing a year-on-year growth of 3.76%, while the net profit attributable to shareholders decreased by 8.58% to 13.96 billion yuan [6][10]. - The company reported a gross profit margin of 18.90% and a net profit margin of 5.76% for the year [27]. Business Strategy - The company is focusing on long-term strategies, consumer-centric product development, and enhancing operational efficiency through digital transformation [6][9]. - It aims to expand its international market presence, particularly in Africa and Southeast Asia, with a reported overseas revenue growth of 21% [7][10]. Product Development and Marketing - The company is committed to high-quality product development, emphasizing consumer needs and preferences, and has received recognition as a leading innovative brand in the stationery sector [8][10]. - The company has expanded its retail presence, with 779 stores nationwide, including 741 under the "Jiuwu" brand, and has seen a 10% increase in revenue from its lifestyle stores [10]. Shareholder Returns - The company plans to distribute a cash dividend of 1.0 yuan per share, which represents 65.61% of the net profit attributable to shareholders, and has a cumulative dividend and buyback total exceeding 4.7 billion yuan since its listing [12][29]. - A share buyback program was also initiated, with 5.175 million shares repurchased for a total of 150 million yuan [12]. Sustainability Initiatives - The company has improved its ESG rating to "A" and is actively pursuing sustainable practices, including the use of recycled materials and energy-efficient projects [13]. - It has been recognized as a national-level green factory, reflecting its commitment to environmental responsibility [13].