| 证券代码：002067 证券简称：景兴纸业 | 编号：临 2025-086 | | --- | --- | | 债券代码：128130 债券简称：景兴转债 | | 浙江景兴纸业股份有限公司 1."景兴转债"赎回价格：100.290 元/张（含当期应计利息，当期年利率为 2.0%，且当期利息含税），扣税后的赎回价格以中国证券登记结算有限责任公司深 圳分公司（以下简称"中登公司"）核准的价格为准。 2.赎回条件满足日：2025 年 9 月 23 日 3.停止交易日：2025 年 10 月 20 日 关于"景兴转债"即将停止转股 暨赎回前最后半个交易日的重要提示性公告 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。 重要内容提示： 1.最后转股日：2025 年 10 月 22 日 截至本公告披露，距离"景兴转债"停止转股仅剩最后半个交易日（即 2025 年 10 月 22 日下午交易时段）。2025 年 10 月 22 日收市后，未转股的"景兴转债" 将停止转股，剩余"景兴转债"将按照 100.290 元/张的价格被强制赎回。若被强 制赎回，投资者可能面临损失。 ...

Core Insights - The stock price of Jingxing Paper has increased by 75.25% year-to-date, with a recent rise of 4.68% over the last five trading days [1] - The company reported a revenue of 2.629 billion yuan for the first half of 2025, a year-on-year decrease of 1.69%, while the net profit attributable to shareholders increased by 15.37% to 55.0338 million yuan [2] Company Overview - Jingxing Paper, established on November 1, 1996, and listed on September 15, 2006, is located in Pinghu City, Zhejiang Province, primarily engaged in the production and sale of industrial packaging paper, cardboard, and various types of household paper [1] - The company's revenue composition includes: 70.02% from base paper, 14.39% from household paper, 6.72% from cardboard, 5.94% from other products, and 2.93% from recycled pulp board [1] Stock Performance - As of October 22, the stock price reached 6.94 yuan per share, with a market capitalization of 9.947 billion yuan [1] - The stock has appeared on the daily trading leaderboard 10 times this year, with the most recent appearance on October 9, where it recorded a net buy of -34.05 million yuan [1] Shareholder Information - As of June 30, the number of shareholders for Jingxing Paper was 93,700, a decrease of 3.95% from the previous period, with an average of 11,948 circulating shares per shareholder, an increase of 4.11% [2] Dividend Information - Since its A-share listing, Jingxing Paper has distributed a total of 286 million yuan in dividends, with 29.6064 million yuan distributed over the past three years [3]

| 证券代码：002067 | 证券简称：景兴纸业 | 编号：临 2025-085 | | --- | --- | --- | | 债券代码：128130 | 债券简称：景兴转债 | | 浙江景兴纸业股份有限公司 1."景兴转债"赎回价格：100.290 元/张（含当期应计利息，当期年利率为 2.0%，且当期利息含税），扣税后的赎回价格以中国证券登记结算有限责任公司深 圳分公司（以下简称"中登公司"）核准的价格为准。 暨赎回前最后一个交易日的重要提示性公告 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。 重要内容提示： 1.最后转股日：2025 年 10 月 22 日 2.赎回条件满足日：2025 年 9 月 23 日 3.停止交易日：2025 年 10 月 20 日 关于"景兴转债"即将停止转股 2025 年 10 月 22 日是"景兴转债"最后一个转股日，当日收市前，持有"景 兴转债"的投资者仍可进行转股；2025 年 10 月 22 日收市后，未转股的"景兴转 债"将停止转股。 2.截至 2025 年 10 月 21 日，距离"景兴转债"停止转股并赎回仅 ...

Group 1 - The core point of the article is that Jingxing Paper announced the mandatory redemption of its convertible bonds, "Jingxing Convertible Bonds," if they are not converted by October 22, 2025 [2] - After the redemption, "Jingxing Convertible Bonds" will be delisted from the Shenzhen Stock Exchange, and bondholders are reminded to convert their bonds within the specified period [2] - Bondholders with "Jingxing Convertible Bonds" that are pledged or frozen are advised to解除质押 or freeze before the trading suspension date to avoid being redeemed due to inability to convert [2]

| 证券代码：002067 | 证券简称：景兴纸业 | 编号：临 2025-084 | | --- | --- | --- | | 债券代码：128130 | 债券简称：景兴转债 | | 浙江景兴纸业股份有限公司 关于提前赎回"景兴转债"实施 暨即将停止转股的重要提示性公告 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。 重要内容提示： 1.最后转股日：2025 年 10 月 22 日 4.赎回登记日：2025 年 10 月 22 日 5.停止转股日：2025 年 10 月 23 日 6.赎回日：2025 年 10 月 23 日 7.赎回资金到账日（到达中登公司账户）：2025 年 10 月 28 日 8.投资者赎回款到账日：2025 年 10 月 30 日 9.赎回类别：全部赎回 2025 年 10 月 22 日是"景兴转债"最后一个转股日，当日收市前，持有"景 兴转债"的投资者仍可进行转股；2025 年 10 月 22 日收市后，未转股的"景兴转 债"将停止转股。 2.截至 2025 年 10 月 20 日，距离"景兴转债"停止转股并赎回仅剩 2 个交易 ...

Market Performance - The market experienced high volatility in the morning session, with the ChiNext Index leading the gains [1] - As of the midday close, the Shanghai Composite Index rose by 0.69%, the Shenzhen Component Index increased by 1.38%, and the ChiNext Index surged by 2.49% [1] - The total trading volume in the Shanghai and Shenzhen markets reached 1.16 trillion yuan, a decrease of 16.5 billion yuan compared to the previous trading day [1] Index Details - The Shanghai Composite Index closed at 3866.09, with a gain of 0.69% and 1717 gainers against 529 decliners [2] - The Shenzhen Component Index closed at 12863.53, up by 1.38%, with 2367 stocks advancing and 486 declining [2] - The ChiNext Index ended at 3008.56, increasing by 2.49%, with 1202 stocks rising and 179 falling [2] Sector Performance - Key sectors showing strong performance included coal, CPO, and battery industries, while non-ferrous metals experienced declines [3] - Notable stocks in the computing hardware sector, such as the "Yizhongtian" optical module leaders, saw significant gains, with several stocks hitting the daily limit [2] - The robotics sector was active, with stocks like Sanlian Forging and Dayang Electric achieving consecutive gains [2] - The chip industry also showed strength, with Sanfu shares achieving three gains in four days and Ruineng Technology hitting three consecutive limits [2] - The coal sector continued its strong performance, with Dayou Energy achieving six gains in seven days [2] - In contrast, the precious metals sector faced collective declines, with Hunan Silver hitting the daily limit down [2]

| 证券代码：002067 | 证券简称：景兴纸业 | 编号：临 2025-083 | | --- | --- | --- | | 债券代码：128130 | 债券简称：景兴转债 | | 浙江景兴纸业股份有限公司 关于提前赎回"景兴转债"实施 暨即将停止转股的重要提示性公告 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。 重要内容提示： 1.最后转股日：2025 年 10 月 22 日 2025 年 10 月 22 日是"景兴转债"最后一个转股日，当日收市前，持有"景 兴转债"的投资者仍可进行转股；2025 年 10 月 22 日收市后，未转股的"景兴转 债"将停止转股。 2.截至 2025 年 10 月 17 日，距离"景兴转债"停止转股并赎回仅剩 3 个交易 日。公司特别提醒"景兴转债"持有人务必认真阅读本公告，充分了解相关风险， 注意最后转股时间，审慎作出投资决策。 特别提示： 1."景兴转债"赎回价格：100.290 元/张（含当期应计利息，当期年利率为 2.0%，且当期利息含税），扣税后的赎回价格以中国证券登记结算有限责任公司深 圳分公司（以下简称" ...

Core Viewpoint - The article discusses the rising interest in the IPOs of Moore Threads and Yushu Technology, highlighting the significant market movements and investment opportunities associated with these companies [3][4]. Group 1: Investment Opportunities - Moore Threads aims to break NVIDIA's monopoly with its domestic GPU, benefiting from the trend of domestic substitution [4]. - Yushu Technology has faced a challenging financing journey, with varying perceptions from venture capitalists over the years [4]. - Companies like Jinfa Technology are strategically positioned to benefit from both Moore Threads and Yushu Technology through direct collaborations and material supply agreements [6][7]. Group 2: Company Collaborations - Jinfa Technology has established a specialized team for humanoid robot material development and has signed strategic agreements with both Moore Threads and Yushu Technology [6]. - Other companies, such as Shuanghuan Transmission and Zhongdali De, have formed partnerships with Yushu Technology, providing essential components for their robotics projects [8]. - Companies like Jingxing Paper and Dazhong Public Utilities are more focused on financial investments, using indirect holdings to hedge against market fluctuations [9]. Group 3: Market Dynamics - The article notes that the excitement around IPOs leads to significant gains for related concept stocks, with direct shareholders benefiting the most [6]. - The investment landscape is characterized by a mix of strategic and financial investments, with some companies taking a more passive role in the emerging tech sectors [9][12]. - Major players like China Mobile and Tencent have entered the market later, focusing on financial investments rather than deep strategic partnerships [13][15].

| 证券代码：002067 | 证券简称：景兴纸业 | 编号：临 2025-082 | | --- | --- | --- | | 债券代码：128130 | 债券简称：景兴转债 | | 关于提前赎回"景兴转债"实施 暨即将停止交易的重要提示性公告 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。 重要内容提示： 1.最后交易日：2025 年 10 月 17 日 2025 年 10 月 17 日是"景兴转债"最后一个交易日，当日"景兴转债"简称 为"Z 景转债"；2025 年 10 月 17 日收市后"景兴转债"将停止交易。 2.最后转股日：2025 年 10 月 22 日 2025 年 10 月 22 日是"景兴转债"最后一个转股日，当日收市前，持有"景 兴转债"的投资者仍可进行转股；2025 年 10 月 22 日收市后，未转股的"景兴转 债"将停止转股。 浙江景兴纸业股份有限公司 3.截至 2025 年 10 月 16 日，距离"景兴转债"停止交易仅剩 1 个交易日，距 离"景兴转债"停止转股并赎回仅剩 4 个交易日。公司特别提醒"景兴转债"持有 人务必认 ...

Core Viewpoint - Jingxing Paper Industry experienced a decline of 5.28% on October 16, with a stock price of 6.28 CNY per share and a total market capitalization of 9.001 billion CNY [1] Company Overview - Zhejiang Jingxing Paper Industry Co., Ltd. is located in Pinghu City, Zhejiang Province, established on November 1, 1996, and listed on September 15, 2006. The company primarily engages in the production and sale of industrial packaging paper, cardboard, and various types of household paper [1] - The revenue composition of the company includes: 70.02% from raw paper, 14.39% from household paper, 6.72% from cardboard and paperboard, 5.94% from other products, and 2.93% from recycled pulp board [1] Fund Holdings - Guolian Fund has a significant holding in Jingxing Paper Industry through its fund Guolian Xin Value Mixed A (004836), which held 15,400 shares in the second quarter, unchanged from the previous period, accounting for 0.25% of the fund's net value [2] - The estimated floating loss for the fund today is approximately 5,378.8 CNY [2] - Guolian Xin Value Mixed A was established on March 9, 2018, with a latest scale of 12.0881 million CNY. Year-to-date return is 3.95%, ranking 7063 out of 8161 in its category; the one-year return is 7.92%, ranking 6390 out of 8021; and since inception, the return is 0.7% [2] Fund Manager Information - The fund manager of Guolian Xin Value Mixed A is Pan Wei, who has been in the position for 7 years and 37 days. The total asset scale of the fund is 13.233 billion CNY, with the best fund return during his tenure being 22.74% and the worst being -3.81% [3]