Market Overview - The packaging and printing sector increased by 0.14% on November 6, with Zhongxin Co. leading the gains [1] - The Shanghai Composite Index closed at 4007.76, up 0.97%, while the Shenzhen Component Index closed at 13452.42, up 1.73% [1] Top Gainers in Packaging and Printing Sector - Zhongzheng Co. (603091) closed at 80.09, up 6.66% with a trading volume of 16,300 lots and a turnover of 129 million [1] - Dongfeng Group (601515) closed at 4.99, up 3.96% with a trading volume of 717,500 lots and a turnover of 356 million [1] - Yutong Technology (002831) closed at 27.39, up 3.12% with a trading volume of 79,200 lots and a turnover of 213 million [1] Top Losers in Packaging and Printing Sector - Zhongjin Co. (002374) closed at 3.16, down 4.53% with a trading volume of 1,117,200 lots and a turnover of 356 million [2] - Hongxing Packaging (002228) closed at 3.50, down 2.78% with a trading volume of 127,870 lots and a turnover of 97.8 million [2] - Wangzi New Materials (002735) closed at 16.86, down 2.43% with a trading volume of 455,200 lots and a turnover of 763 million [2] Capital Flow Analysis - The packaging and printing sector experienced a net outflow of 264 million from institutional investors, while retail investors saw a net inflow of 168 million [2] - Notable net inflows from retail investors were observed in Longlide (300883) and Yutong Technology (002831) [3] Individual Stock Capital Flow - Longlide (300883) had a net outflow of 24.84 million from institutional investors, with a retail net outflow of 22.79 million [3] - Shunhao Co. (002565) saw a net inflow of 17.79 million from institutional investors, while retail investors had a net outflow of 9.32 million [3] - Yutong Technology (002831) recorded a net inflow of 15.28 million from institutional investors, with retail investors experiencing a net outflow of 9.61 million [3]

Group 1 - Zhuhai Zhongfu (000659.SZ) released its Q3 2025 report on October 29, 2025, indicating that four institutional investors hold a total of 218 million shares, accounting for 16.93% of the company's total equity [1] - The institutional ownership increased by 0.31 percentage points compared to the previous quarter [1] - The report noted that 15 public funds were disclosed this period, including Zhongzheng 2000, Hongde Quality Governance Mixed Fund, and others [1] Group 2 - One foreign fund, BARCLAYS BANK PLC, reduced its holdings this quarter, while a new foreign institution, J.P. Morgan Securities PLC, disclosed its holdings [1]

Group 1 - The core viewpoint of the article is that Zhuhai Zhongfu (000659.SZ) reported a decline in revenue and a net loss for the first three quarters of 2025 [1] Group 2 - The company achieved an operating income of 820 million yuan, representing a year-on-year decrease of 1.33% [1] - The net loss attributable to shareholders of the listed company was 53.62 million yuan [1] - The net loss attributable to shareholders after deducting non-recurring gains and losses was 50.08 million yuan [1]

Core Points - Zhuhai Zhongfu Industrial Co., Ltd. held its 17th meeting of the 11th Board of Directors on October 28, 2025, where two significant resolutions were passed: the approval of the Q3 2025 report and the proposal to dissolve a wholly-owned subsidiary [1][4] Meeting Details - The board meeting was convened on October 28, 2025, with a notification sent via email on October 25, 2025. All 6 directors attended, with some participating via telecommunication. The meeting was chaired by Chairman Xu Renshuo, and the procedures complied with relevant laws and regulations [2] Q3 2025 Report Approval - The Q3 2025 report was approved unanimously by the board, with all 6 directors voting in favor. The detailed report is available for investors on various financial news platforms [3] Proposal to Dissolve Wholly-Owned Subsidiary - The board approved the proposal to dissolve its wholly-owned subsidiary, Wuhan Lefu Packaging Co., Ltd., based on operational considerations. This decision falls within the board's authority and does not require shareholder approval [4] Documentation - The board's resolutions will be documented and made available to ensure compliance with information disclosure obligations, safeguarding investors' right to know [5]

二、拟注销全资孙公司的基本情况 1、公司名称：武汉乐富包装有限公司 2、统一社会信用代码：91420112MA7F2M7B9K 证券代码：000659 证券简称：珠海中富 公告编号：2025-081 珠海中富实业股份有限公司 关于拟注销全资孙公司的公告 本公司及董事会全体成员保证信息披露内容的真实、准确和完整，没有虚假 记载、误导性陈述或重大遗漏。 一、本次事项概况 基于业务运营的实际情况，珠海中富实业股份有限公司(以下简 称 "公司")拟注销全资孙公司武汉乐富包装有限公司（以下简称"武 汉包装"）。 根据《深圳证券交易所股票上市规则》、《公司章程》等规定，本 次注销全资孙公司事项在公司董事会审批权限范围内，无需提交公司 股东会审议。董事会授权管理层或其授权人员办理本次注销的相关事 宜。 10、主要财务状况： 截至 2024 年 12 月 31 日，总资产 367.84 万元，净资产 203.66 万元；2024 年度实现营业收入 836.66 万元，净利润-131.65 万元（以 上数据已经审计）。 截至 2025 年 6 月 30 日，总资产 206.86 万元，净资产 203.66 万 元；2025 年 ...

Financial Performance - The company's operating revenue for Q3 2025 was ¥275,829,157.73, a decrease of 6.68% compared to the same period last year[5] - The net profit attributable to shareholders was a loss of ¥16,411,294.82, representing an increase in loss of 11.77% year-on-year[5] - The company's basic earnings per share for Q3 2025 was -¥0.0128, a decrease of 11.72% compared to the same period last year[5] - Total operating revenue for the current period is ¥820,040,253.89, a decrease of 1.22% from ¥831,052,831.12 in the previous period[17] - Net profit for the current period is a loss of ¥53,584,659.24, compared to a loss of ¥28,958,457.54 in the previous period, representing an increase in loss of 84.93%[18] - Total comprehensive income for the current period is a loss of ¥52,208,733.84, compared to a loss of ¥28,633,704.24 in the previous period[18] Cash Flow and Financing - The net cash flow from operating activities increased by 69.88% to ¥77,497,571.81 year-to-date[5] - The net cash flow from financing activities increased by 190.67% to ¥93,065,974.10, attributed to increased borrowings[9] - Operating cash flow net amount is ¥77,497,571.81, an increase of 69.61% from ¥45,617,900.01 in the previous period[20] - Cash and cash equivalents at the end of the period total ¥88,613,272.09, up from ¥49,989,389.24 in the previous period[21] - Investment activities resulted in a net cash outflow of ¥128,014,070.20, compared to a net outflow of ¥48,059,088.88 in the previous period[21] - Financing activities generated a net cash inflow of ¥93,065,974.10, compared to ¥32,018,184.54 in the previous period[21] Assets and Liabilities - Total assets as of September 30, 2025, were ¥1,972,546,457.91, an increase of 11.08% from the end of the previous year[5] - Total current assets increased to ¥445,772,946.15 from ¥332,177,266.52, representing a growth of approximately 34%[14] - Total non-current assets rose to ¥1,526,773,511.76 from ¥1,443,563,699.88, indicating an increase of about 5.8%[15] - Current liabilities increased to ¥1,650,023,720.56 from ¥1,480,481,921.32, marking an increase of about 11.5%[15] - Total liabilities rose to ¥1,884,727,498.71 from ¥1,635,713,273.36, which is an increase of approximately 15.2%[16] - The company's equity attributable to shareholders decreased to ¥170,002,395.84 from ¥222,958,517.72, a decline of about 23.6%[16] Operational Highlights - The company reported a significant increase in construction in progress, rising by 769.14% to ¥58,392,798.68 due to the establishment of a new subsidiary[8] - Short-term borrowings increased by 60.29% to ¥272,954,646.80, primarily due to new borrowings during the period[8] - The company experienced a 63.48% decrease in other income, totaling ¥619,184.06, mainly due to reduced government subsidies related to daily operations[9] - The company reported a significant decline in fair value changes of investment properties, with losses of ¥2,611,858.35, marking a 100% decrease compared to the previous year[9] Market and Strategic Outlook - Zhuhai Zhongfu Industrial Co., Ltd. reported a revenue increase of 15% year-over-year, reaching 1.2 billion RMB in Q3 2025[23] - The company achieved a net profit margin of 12%, translating to a net profit of 144 million RMB for the quarter[23] - User data indicates a 20% growth in active users, now totaling 2 million, reflecting strong market engagement[23] - The company plans to expand its market presence in Southeast Asia, targeting a 25% increase in regional sales by 2026[23] - New product launches are expected to contribute an additional 300 million RMB in revenue over the next fiscal year[23] - Research and development expenditures increased by 10%, amounting to 50 million RMB, focusing on innovative technologies[23] - The company has outlined a strategic goal to achieve a 30% market share in the domestic sector by 2027[23] - A recent acquisition of a local competitor is projected to enhance operational efficiency and add 200 million RMB in annual revenue[23] - The company has set a performance guidance of 1.5 billion RMB in revenue for the next quarter, representing a 25% increase[23] - Overall, the company remains optimistic about future growth, citing favorable market conditions and strong consumer demand[23]

第十一届董事会 2025 年第十七次会议决议公告 本公司及董事会全体成员保证信息披露内容的真实、准确和完整，没有虚假记载、误导性陈 述或重大遗漏。 珠海中富实业股份有限公司（以下简称"公司"）第十一届董事会2025 年第十七次会议通知于2025年10月25日以电子邮件方式发出，会议于 2025年10月28日以现场加通讯表决方式举行。本次会议应出席董事六人， 实际出席董事六人（其中，董事长许仁硕，董事李晓锐，独立董事徐小 宁、吴鹏程以通讯表决方式出席会议）。会议由公司董事长许仁硕先生主 持，公司高管列席会议。会议召集和召开符合《公司法》和《公司章程》 的有关规定，合法有效。经讨论与会董事以投票表决方式审议通过以下 议案，并形成决议如下： 一、审议通过《公司 2025 年第三季度报告》 本议案已经公司董事会审计委员会审议通过。 表决结果：同意 6 票，反对 0 票，弃权 0 票。 详细内容请参阅登载在《中国证券报》、《证券时报》、巨潮资讯网 (www.cninfo.com.cn)上的《2025 年第三季度报告》。 证券代码：000659 证券简称：珠海中富 公告编号：2025-079 珠海中富实业股份有限公司 珠 ...

Market Overview - The packaging and printing sector increased by 0.81% on September 29, with Kangxin New Materials leading the gains [1] - The Shanghai Composite Index closed at 3862.53, up 0.9%, while the Shenzhen Component Index closed at 13479.43, up 2.05% [1] Top Gainers in Packaging and Printing Sector - Kangxin New Materials (600076) closed at 2.91, up 5.05% with a trading volume of 451,300 shares and a turnover of 129 million yuan [1] - Zhuhai Zhongfu (000659) closed at 2.92, up 3.91% with a trading volume of 414,500 shares and a turnover of 118 million yuan [1] - New Hongze (002836) closed at 9.61, up 3.67% with a trading volume of 64,700 shares and a turnover of 61.1 million yuan [1] Top Losers in Packaging and Printing Sector - Jiahe Technology (872392) closed at 34.26, down 5.12% with a trading volume of 11,100 shares and a turnover of 38.23 million yuan [2] - Yongji Co., Ltd. (603058) closed at 9.69, down 3.20% with a trading volume of 140,600 shares and a turnover of 137 million yuan [2] - Wangzi New Materials (002735) closed at 14.55, down 3.00% with a trading volume of 232,700 shares and a turnover of 339 million yuan [2] Capital Flow Analysis - The packaging and printing sector experienced a net outflow of 92.65 million yuan from institutional investors, while retail investors saw a net inflow of 118 million yuan [2] - Major stocks like Jiyou Co. (603429) and Kangxin New Materials (600076) had significant net inflows from retail investors, despite overall net outflows from institutional and speculative investors [3]

Core Insights - Zhuhai Zhongfu's stock price increased by 2.14% on September 29, reaching 2.87 CNY per share, with a total market capitalization of 3.69 billion CNY [1] - The company has seen a year-to-date stock price increase of 1.77%, with a recent decline of 2.38% over the last five trading days [1] Financial Performance - For the first half of 2025, Zhuhai Zhongfu reported revenue of 544 million CNY, reflecting a year-on-year growth of 1.63%, while the net profit attributable to shareholders was -37.21 million CNY, a decrease of 259.74% compared to the previous year [2] - The company has cumulatively distributed 629 million CNY in dividends since its A-share listing, with no dividends paid in the last three years [3] Business Overview - Zhuhai Zhongfu, established on December 18, 1985, and listed on December 3, 1996, operates in the production and sales of beverage packaging products, including PET bottles and labels, as well as providing beverage processing services [2] - The company's main business revenue composition includes 60.60% from beverage packaging products and 38.68% from beverage processing [2] - The company is categorized under the light industry manufacturing sector, specifically in plastic packaging [2]

Market Overview - The packaging and printing sector experienced a decline of 0.42% on September 26, with Hongyu Packaging leading the drop [1] - The Shanghai Composite Index closed at 3828.11, down 0.65%, while the Shenzhen Component Index closed at 13209.0, down 1.76% [1] Stock Performance - Notable gainers in the packaging and printing sector included: - Huaman Holdings (002787) with a closing price of 8.28, up 2.10% [1] - Jiamei Packaging (002969) at 3.49, up 2.05% [1] - New Hongze (002836) at 9.27, up 1.42% [1] - Major decliners included: - Hongyu Packaging (837174) at 34.01, down 4.73% [2] - Fangda New Materials (838163) at 16.88, down 4.63% [2] - Wangzi New Materials (002735) at 15.00, down 3.97% [2] Trading Volume and Capital Flow - The packaging and printing sector saw a net outflow of 190 million yuan from institutional investors, while retail investors had a net inflow of 191 million yuan [2][3] - The trading volume for notable stocks included: - Jiayou Co. (603429) with a trading volume of 23.19 million shares [1] - Wangzi New Materials (002735) with a trading volume of 296,600 shares [2] Capital Inflow Analysis - Key stocks with significant capital inflow included: - Jiyou Co. (603429) with a net inflow of 29.44 million yuan from institutional investors [3] - Yongji Co. (603058) with a net inflow of 16.58 million yuan [3] - Conversely, stocks like Dashing Co. (603687) experienced a net outflow of 9.91 million yuan from institutional investors [3]