Group 1 - The core point of the announcement is that the shareholder, China Metallurgical Paper Group Co., Ltd., has been applied for bankruptcy reorganization by creditors [1] - As of the announcement date, China Metallurgical Paper Group Co., Ltd. holds 79,131,048 shares of the company, accounting for 11.38% of the total shares, with all shares judicially frozen and 50% of the shares pledged [1] - The bankruptcy reorganization application was received by the company on June 11, 2025, from the Intermediate People's Court of Zhongwei [1] Group 2 - The company's production and operational activities are currently normal, and the bankruptcy reorganization of the shareholder will not adversely affect the company's daily operations [1] - The company emphasizes that all information should be based on disclosures made in designated media, including Securities Times, Shanghai Securities News, and Giant Tide Information Network [1] - The company will continue to monitor the situation and fulfill its information disclosure obligations in a timely manner [1]

证券代码：000815 证券简称：美利云 公告编号：2025-037 中冶美利云产业投资股份有限公司 关于公司股东被申请破产重整的提示性公告 本公司及董事会全体成员保证信息披露的内容真实、准 确、完整，没有虚假记载、误导性陈述或重大遗漏。 中冶美利云产业投资股份有限公司（以下简称"公司"） 近日获悉，公司股东中冶纸业集团有限公司被债权人向中卫 市中级人民法院申请破产重整。现将有关情况公告如下： 一、事件概述 截至公告日，公司股东中冶纸业集团有限公司持有公司 股份 79,131,048 股，持股比例 11.38%，其所持公司股份全 部被司法冻结，所持公司股份的 50%被质押。 中冶纸业集团有限公司于 2025 年 6 月 11 日收到中卫市 中级人民法院的通知[(2025）宁 05 破申 1 号]，债权人向中 卫市中级人民法院提出对中冶纸业集团有限公司进行破产 重整申请。 二、本次事项对公司的影响 目前公司生产经营活动一切正常，上述事项不会对公司 日常生产经营构成不利影响。公司提醒广大投资者：《证券 时报》《上海证券报》和巨潮资讯网为公司指定的信息披露 1 媒体，公司所有信息均以在上述媒体刊登的信息为准。公司 ...

Core Viewpoint - Meili Cloud's shareholder, China Metallurgical Paper Group Co., Ltd., has been applied for bankruptcy reorganization by creditors, which may impact the company's stock ownership structure but does not affect its daily operations [1] Group 1 - China Metallurgical Paper Group Co., Ltd. holds 79.131 million shares of Meili Cloud, accounting for 11.38% of the company's total shares [1] - All of the shares held by China Metallurgical Paper Group are judicially frozen, and 50% of these shares are pledged [1] - The company's production and operational activities are currently normal, and the bankruptcy reorganization application will not adversely affect its daily operations [1]

Core Viewpoint - Meili Cloud (000815) announced that its shareholder, China Metallurgical Paper Group Co., Ltd., has been applied for bankruptcy reorganization by creditors in the Zhongwei Intermediate People's Court [1] Group 1: Shareholder Impact - China Metallurgical Paper Group Co., Ltd. holds 79.131 million shares in the company, accounting for 11.38% of total shares [1] - All shares held by China Metallurgical Paper Group have been judicially frozen, with 50% of these shares pledged [1] Group 2: Company Operations - The company's production and operational activities are currently normal [1] - The aforementioned matters will not adversely affect the company's daily production and operations [1]

1. Report Industry Investment Rating No relevant content provided. 2. Core Viewpoints The report provides daily observations on the pulp market, including market conditions, important news, logical analyses, and trading strategies. Market conditions cover futures and spot prices of different pulp types. Important news includes company - related events, project investments, and international trade situations. Logical analyses are based on various economic and industry data, and trading strategies offer suggestions for single - sided and arbitrage trading. 3. Summary by Related Catalogs Market Conditions - Futures market shows various trends such as weak, small, and high - level oscillations. For example, on 25 - 06 - 09, the SP main 09 contract was in a weak oscillation, closing at 5222 points, down 2 points or 0.04% [1]. - Spot prices of different pulp types (coniferous, broad - leaf, natural, and chemical mechanical) vary in different regions. For instance, in the Shandong market on 25 - 06 - 06, the import coniferous pulp market had relatively light trading, and prices of some brands were adjusted with the market [5]. Important News - North American paper giant Georgia - Pacific plans to permanently close its Cedar Springs box - board paper mill later this year, affecting about 535 jobs and with an annual capacity of 1 million tons [1]. - China's C&D Group plans to invest $2 billion in a pulp and finished paper production project in Vietnam's Quang Binh province [11]. - In 2025, India's paper and board imports reached a record 2.05 million tons, and imports from China increased by 33% [8]. Logical Analysis - In April, European coniferous pulp consumption decreased by 17.6% year - on - year, and domestic living paper production increased by 9.4% year - on - year in May, which is favorable for the broad - needle price difference [6]. - As of the end of last Friday, the inventory of the SHFE SP contract decreased by 75.6% year - on - year, while the social inventory of domestic pulp in five ports increased by 33.4 million tons year - on - year [1]. Trading Strategies - Single - sided trading: Suggestions include holding long positions, waiting and seeing, and making small - scale trial purchases. For example, on 25 - 06 - 09, it was recommended to wait and see for the SP main 07 contract and pay attention to the support at last Friday's low [1]. - Arbitrage trading: Usually involves waiting and seeing or reducing positions and waiting. For example, on 25 - 06 - 09, it was recommended to wait and see for the arbitrage strategy (long - short) [1].

Core Insights - Meili Cloud has experienced significant growth since its IPO in 1998, with its market capitalization increasing from 935 million yuan to 9.449 billion yuan, reflecting a complex journey of transformation in traditional manufacturing [1][6] - Despite the growth in market value, the company's operational performance has faced continuous pressure in recent years, leading to a decline in profitability [1][3] Business Overview - Meili Cloud primarily engages in the production and sale of cultural paper and colored paper, with data center business contributing the highest revenue share at 34.22%, followed closely by colored paper at 33.49% [3] - The company reported a net profit of 28 million yuan in its first year of listing, but by the latest complete fiscal year of 2024, it recorded a net loss of 548 million yuan, marking a cumulative profit decline of 2052.30% [3][4] Financial Performance - Revenue has shown a downward trend, with Meili Cloud achieving 1.162 billion yuan in revenue in 2020, which decreased to 912 million yuan in 2024 [3] - The net profit situation has deteriorated sharply, with a net profit of 49 million yuan in 2020 turning into a loss of 548 million yuan by 2024, indicating several years of substantial losses [4] Market Capitalization - Since its IPO, Meili Cloud's market capitalization has grown by 9.11 times, peaking at 18.056 billion yuan in October 2016, with the stock price reaching 25.97 yuan [6] - As of June 6, the stock price was 13.59 yuan, and the market capitalization stood at 9.449 billion yuan, representing a decrease of 8.607 billion yuan from its peak, equating to a market value evaporation of 47.67% [6]

Group 1 - Meili Cloud's stock reached the daily limit, with a turnover rate of 17.53% and a transaction amount of 1.632 billion yuan, showing a fluctuation of 5.35% [2] - The stock was listed on the Dragon and Tiger list due to a daily price deviation of 10.12%, with net purchases from the Shenzhen Stock Connect amounting to 30.43 million yuan [2] - The top five trading departments on the Dragon and Tiger list had a total transaction amount of 239 million yuan, with a net purchase of 69.12 million yuan [2] Group 2 - The latest margin trading data shows a total margin balance of 449 million yuan, with a financing balance of 448 million yuan and a securities lending balance of 497,700 yuan [3] - In the past five days, the financing balance increased by 21.94 million yuan, representing a growth of 5.15% [3] - The trading data on June 6 indicates that the top buying department was the Shenzhen Stock Connect, with a buying amount of 50.51 million yuan and a selling amount of 20.07 million yuan [3][4]

Group 1 - The core viewpoint of the article highlights the recent performance and financial metrics of Meiliyun (000815), indicating a significant increase in stock price and a mixed financial performance in the latest quarterly report [1][3] - As of June 6, 2025, Meiliyun's stock closed at 13.59 yuan, up 10.04%, with a trading volume of 1.2186 million hands and a transaction amount of 1.632 billion yuan [1] - The net inflow of main funds was 247 million yuan, accounting for 15.13% of the transaction amount, with large orders showing a net inflow of 294 million yuan [1] Group 2 - For the first quarter of 2025, Meiliyun reported total operating revenue of 87.533 million yuan, a year-on-year decrease of 62.84%, while net profit attributable to shareholders was 10.956 million yuan, a year-on-year increase of 59.94% [1] - The company has a current ratio of 1.954, a quick ratio of 1.051, and a debt-to-asset ratio of 42.46% [1] - Meiliyun, established in 1998 and located in Zhongwei City, primarily engages in software and information technology services, with a registered capital of 6.9526 billion yuan [1][2]

Group 1 - Ningde Times participated in the completion of the Zeyuan Fund, with a total scale of 10.128 billion yuan, increasing by 50.42% from the previous announcement [3] - Zhongjin Gold's controlling shareholder plans to inject four companies into the company to resolve competition issues, including acquiring stakes in Inner Mongolia Jintao and others [4][5] - Keli Yuan plans to invest an additional 500 million yuan in a storage industry fund, increasing its total investment to 700 million yuan [6] Group 2 - China Shenhua intends to acquire 7.43% of the National Energy Group Financial Company for 2.929 billion yuan, which is expected to increase its net profit by 97 million yuan [7] - Weir Shares plans to issue H-shares and list on the Hong Kong Stock Exchange [8] - Hualan Shares is establishing a joint venture for Tibetan medicinal baths and plaster products, with a registered capital of 7 million yuan [15] Group 3 - Yunnan Copper plans to acquire 40% of Liangshan Mining through a share issuance, with the stock resuming trading on May 26 [10] - Ruishun Technology's subsidiary plans to establish a joint venture in Malaysia to provide automation solutions [11] - ST Quanwei's stock will be subject to additional risk warnings due to ongoing litigation involving a subsidiary [12] Group 4 - Hengfeng Information's controlling shareholder has terminated the agreement to transfer part of the company's shares, with no impact on control [13] - Huadian Technology's subsidiary has not yet commenced substantial construction on a polyurethane new materials project [14] - ST Yinjian will remove the delisting risk warning and some other risk warnings, changing its stock name [38] Group 5 - China Tonghao won approximately 3.789 billion yuan in contracts in the rail transit market from March to April [39] - Intercontinental Oil and Gas plans to invest about 848 million USD in the Iraq South Basra project [40][41] - Jiaying Pharmaceutical's subsidiary signed a contract for the development of a traditional Chinese medicine innovation project [42] Group 6 - Ruidong Intelligent signed a strategic cooperation agreement with Shunde Vocational and Technical College to enhance collaboration in technology [43] - Jiaojian Co. won a bid for a drainage project worth 225 million yuan [44] - Hengshun Vinegar's controlling shareholder plans to increase its stake in the company by 50 to 100 million yuan [45]

美利云：股东中冶纸业集团有限公司和北京兴诚旺实业有限公司预计无力偿还到期债务 智通财经5月23日电，美利云(000815.SZ)公告称，公司股东中冶纸业集团有限公司金融借款合同即将到 期，预计无力偿还到期债务。作为担保人的北京兴诚旺实业有限公司也预计无力履行义务。若债务无法 偿还，其所持公司股份或面临被法院司法处置的风险，且存在被债权人申请破产重整、破产清算的可 能。该事项不涉及公司，不会对公司日常生产经营构成不利影响。 ...