证券代码：605500 证券简称：森林包装 公告编号：2026-001 ● 投资金额：本次收回投资人民币 2,000.00 万元。 ● 投资决策履行的审议程序：森林包装集团股份有限公司（以下简称"公 司"）于 2025 年 9 月 8 日召开第三届董事会第十六次会议及第三届监事会第十 六次会议，分别审议通过了《关于使用部分闲置募集资金进行现金管理的议案》， 保荐机构光大证券股份有限公司对本事项出具了无异议的核查意见。 一、 本次使用闲置募集资金进行现金管理到期收回的情况 公司的全资子公司台州森林造纸有限公司（以下简称"森林造纸"）于 2025 年11月28日使用部分闲置募集资金投资于兴业银行企业金融人民币结构性存款 产品人民币 2,000.00 万元，具体内容见公司在 2025 年 12 月 2 日上海证券交易 所网站（www.sse.com.cn）及指定媒体披露的《森林包装集团股份有限公司关于 使用部分闲置募集资金进行现金管理的进展公告》（公告编号：2025-065）。森 林造纸于 2025 年 12 月 31 日收回到期部分理财投资本金人民币 2,000.00 万元， 收到理财收益人民币 2.79 万元。 ...

Group 1 - The paper sector experienced a slight decline of 0.17% on December 30, with the forest packaging segment leading the drop [1] - The Shanghai Composite Index closed at 3965.12, showing no change, while the Shenzhen Component Index rose by 0.49% to 13604.07 [1] - Key stocks in the paper sector showed varied performance, with Zhi Xing Paper Industry rising by 3.97% to 5.76 and Forest Packaging falling by 2.29% to 9.40 [1][2] Group 2 - The paper sector saw a net inflow of 262 million yuan from main funds, while retail investors experienced a net outflow of 200 million yuan [2] - The main funds showed significant interest in stocks like Annie Co. and Zhi Xing Paper Industry, with net inflows of 89.98 million yuan and 81.28 million yuan respectively [3] - Conversely, retail investors withdrew from several stocks, including Zhi Xing Paper Industry and Solar Paper, with outflows of 51.26 million yuan and 53.48 million yuan respectively [3]

Group 1 - The A-share market saw all three major indices rise collectively on December 25, with the paper industry experiencing significant gains, highlighted by stocks such as Hengda New Materials and Bohui Paper reaching their daily limit up [2] - The offshore RMB broke the 7.0 mark against the US dollar for the first time in 2024, peaking at 6.9962, which enhances purchasing power and reduces procurement costs for dollar-denominated raw materials in the paper industry [2] - Daitong Securities believes the paper industry is benefiting from a combination of "supply optimization, cost support, and policy protection," with a mild recovery in demand and resilient packaging paper demand [2] Group 2 - The supply side is improving due to production cuts and the winding down of capacity, which enhances the supply-demand balance in the paper industry [2] - The cost side is supported by rising pulp prices, which stabilize product pricing and enhance the profitability of integrated pulp and paper companies [2] - The valuation of the paper sector is at historical lows, and with expectations of industry recovery by 2026, the investment value is becoming more prominent [2]

Group 1 - The core viewpoint of the article highlights the growth in the number of enterprises in the paper and paper products industry, which increased by 143 companies year-on-year, representing a growth rate of 1.79% as of January to October 2025 [1] - The total number of enterprises in the paper and paper products industry reached 8,142, accounting for 1.56% of the total industrial enterprises [1] - The data indicates a shift in the threshold for large-scale industrial enterprises, which was raised from an annual main business income of 5 million yuan to 20 million yuan starting in 2011 [1] Group 2 - The report referenced is titled "Analysis of Development Models and Market Operation Potential of China's Paper Industry from 2026 to 2032" published by Zhiyan Consulting [1] - Zhiyan Consulting is recognized as a leading industry consulting firm in China, specializing in deep industry research and providing comprehensive consulting services [2]

Group 1 - The core announcement indicates that the company, Forest Packaging, will recover an investment principal of RMB 20 million from its wholly-owned subsidiary, Forest Paper, on December 1, 2025 [2] - The company will also receive investment income amounting to RMB 76,400 from this financial investment [2]

证券代码：605500 证券简称：森林包装 公告编号：2025-067 森林包装集团股份有限公司 一、 本次使用闲置募集资金进行现金管理到期收回的情况 公司的全资子公司台州森林造纸有限公司（以下简称"森林造纸"）于 2025 年9月9日使用部分闲置募集资金投资于兴业银行企业金融人民币结构性存款产 品人民币 7,000.00 万元，具体内容见公司在 2025 年 9 月 11 日上海证券交易所 网站（www.sse.com.cn）及指定媒体披露的《森林包装集团股份有限公司关于使 用部分闲置募集资金进行现金管理的进展公告》（公告编号：2025-056）。森林 造纸于 2025 年 12 月 1 日收回到期部分理财投资本金人民币 2,000.00 万元，收 到理财收益人民币 7.64 万元。 二、公司最近十二个月使用闲置募集资金进行现金管理的情况 币种：人民币 金额单位：万元 关于使用部分闲置募集资金进行现金管理到期收回的公告 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： ● 本次现金管理受托方:兴业银行股份有限公 ...

证券代码：605500 证券简称：森林包装 公告编号：2025-065 森林包装集团股份有限公司 关于使用部分闲置募集资金进行现金管理到期收回并继续 进行现金管理进展的公告 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： ● 现金管理到期收回情况：森林包装集团股份有限公司（以下简称"公司"） 的全资子公司台州森林造纸有限公司(以下简称"森林造纸")，2025 年 11 月 28 日到期收回兴业银行股份有限公司台州温岭支行（以下简称"兴业银行"）募集 资金现金管理产品金额 2,000.00 万元及收益。 ● 继续进行现金管理进展情况：森林造纸继续以闲置募集资金投资于兴业 银行，结构性存款产品人民币 2,000.00 万元。 ● 投资决策履行的审议程序：森林包装集团股份有限公司（以下简称"公司" 或"森林包装"）于 2025 年 9 月 8 日召开第三届董事会第十六次会议及第三届监 事会第十六次会议，分别审议通过了《关于使用部分闲置募集资金进行现金管理 的议案》，保荐机构光大证券股份有限公司（以下简称"保荐机构"或 ...

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。 证券代码：605500 证券简称：森林包装 公告编号：2025-066 森林包装集团股份有限公司 关于对外担保的进展公告 重要内容提示： 被担保人名称： 浙江森林纸业有限公司（以下简称"森林纸业"），系森林包装集团股份有 限公司（以下简称"公司"）的全资子公司。 本次担保金额及已实际为其提供的担保余额： 2025 年 11 月 1 日至 2025 年 11 月 30 日，公司及子公司为森林纸业提供担 保金额 1,907.55 万元。截至 2025 年 11 月 30 日，公司及子公司为森林纸业提供 担保余额 3,367.95 万元。 对外担保逾期的累计数量：无 特别风险提示：被担保人森林纸业资产负债率超 70%。 一、担保情况概述 （一）提供的担保基本情况。 公司因满足经营和发展的需要，2025年11月1日至2025年11月30日公司及子 公司发生的提供对外担保业务如下： 1、森林纸业与浙商银行股份有限公司台州温岭支行（以下简称"浙商银行"） 签署了融资合同，开立信用证金额1,7 ...

Market Overview - The paper sector experienced a slight decline of 0.08% on November 20, with Jingxing Paper leading the drop [1] - The Shanghai Composite Index closed at 3931.05, down 0.4%, while the Shenzhen Component Index closed at 12980.82, down 0.76% [1] Individual Stock Performance - Annie Co. (002235) saw a significant increase of 9.95%, closing at 8.51, with a trading volume of 808,200 shares and a turnover of 680 million [1] - Yibin Paper (600793) rose by 3.31% to 22.78, with a trading volume of 63,900 shares and a turnover of 14.5 million [1] - Other notable performers included Bohui Paper (600966) up 2.25% and Minshida (920394) up 1.16% [1] Capital Flow Analysis - The paper sector had a net inflow of 191 million from institutional investors, while retail investors saw a net outflow of approximately 59.4 million [2] - The main capital inflow was concentrated in Annie Co. with a net inflow of 3.44 billion, representing 50.64% of its trading volume [3] - Other stocks like Yibin Paper and Bohui Paper also experienced positive net inflows from institutional investors [3]

Core Viewpoint - Forest Packaging (605500.SH) reported a significant increase in revenue but a substantial decline in net profit for the first three quarters of 2025, indicating potential challenges in profitability despite revenue growth [1]. Financial Performance - The company achieved operating revenue of 1.98 billion yuan, representing a year-on-year increase of 17.03% [1][3]. - The net profit attributable to shareholders was 30.22 million yuan, down 77.68% compared to the previous year [1][3]. - The net profit after deducting non-recurring gains and losses was 25.28 million yuan, reflecting an 80.16% decrease year-on-year [1][3]. - The net cash flow from operating activities was -30.52 million yuan, a significant decline from 18.93 million yuan in the same period last year [1][3]. Fundraising and Utilization - Forest Packaging raised a total of 949 million yuan, with a net amount of 890 million yuan after deducting issuance costs [4]. - The funds were allocated as follows: 198 million yuan for a green and environmentally friendly paper packaging online custom smart factory, 192 million yuan for expanding production capacity of paper packaging materials, 376 million yuan for a green digital inkjet printing paper packaging smart factory, and 124 million yuan for working capital [4].