证券代码：002067 证券简称：景兴纸业 编号：临 2025-048 浙江景兴纸业股份有限公司 关于对外担保的进展公告 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。 一、担保情况概述 浙江景兴纸业股份有限公司（以下简称"公司"）于2025年4月28日召开八届董 事会第十五次会议及八届监事会第十三次会议，审议通过了《关于2025年度公司向 控股子公司提供及由子公司向母公司提供担保额度的议案》，同意在2025年度由公 司对子公司、并由子公司为母公司向银行融资提供担保额度，上述担保有效期自股 东大会批准之日起至下一年年度股东大会召开之日止。上述事项已经2025年5月27 日召开的2024年年度股东大会批准通过。具体内容详见公司于2025年4月29日披露于 《证券时报》及巨潮资讯网（http://www.cninfo.com.cn）上《关于2025年度公司向控 股子公司提供及由子公司向母公司提供担保额度的公告》（公告编号：临2025-024）。 二、担保进展情况 2.编号为"（20007000）浙商银借字（2025）第01778号"《借款合同》。 特此公告 浙江景 ...

Market Overview - The Shanghai Composite Index is at 3701.99 points, with a change of +0.50% [1] - The total trading volume of A-shares is 103.51 billion yuan [1] Technical Analysis - 96 A-shares have seen their 5-day moving average cross below the 10-day moving average [1] - Notable stocks with significant distance between their 5-day and 10-day moving averages include: - Dengyun Co., Ltd. (002715) with a distance of -1.02% [1] - United Chemical (301209) with a distance of -0.93% [1] - Guangsheng Nonferrous (600259) with a distance of -0.79% [1] Individual Stock Performance - Dengyun Co., Ltd. (002715) has decreased by 2.88% with a latest price of 16.87 yuan [1] - United Chemical (301209) has decreased by 0.17% with a latest price of 92.78 yuan [1] - Guangsheng Nonferrous (600259) has decreased by 0.81% with a latest price of 58.82 yuan [1] - Other notable stocks with declines include: - Guoneng Rixin (301162) down 2.29% [1] - Daqian Energy (688303) down 2.44% [1] - Yijiahe (603666) down 0.43% [1] Additional Stock Data - Stocks with minor declines include: - Ningbo Bank (002142) up 0.25% with a latest price of 28.25 yuan [2] - Huayang New Materials (600281) down 0.59% with a latest price of 6.75 yuan [2] - The overall trend indicates a cautious market sentiment with several stocks experiencing downward pressure [1][2]

Core Insights - The report highlights the significant role of CFOs in listed companies, with the total salary for CFOs in A-share companies reaching 4.27 billion yuan in 2024, averaging 814,800 yuan per year [1] Group 1: CFO Salary and Demographics - The average salary for CFOs in the paper industry is 577,700 yuan, which is lower than the average salary of 722,900 yuan for the light manufacturing industry, showing a year-on-year decrease of 4.8% [8] - The age structure of CFOs in the paper industry shows a trend towards older demographics, with an average age of 51.06 years; 66.7% are over 50 years old [1][3] - Male CFOs dominate the industry, comprising 73.7% of the total, with an average age of 51.92 years, while female CFOs account for 26.3% with an average age of 48.80 years [1] Group 2: Tenure and Education - The majority of CFOs in the paper industry have a tenure of 5-10 years, accounting for 47.4% of the total; those with 1-3 years and over 10 years of experience make up 26.3% and 15.8%, respectively [3] - Approximately 63.2% of CFOs in the paper industry hold a bachelor's degree, while both associate and master's degrees account for about 15.8% each [6] Group 3: Salary Disparities and Changes - The highest-paid CFO is Wei Tongqiu from Bohui Paper, earning 1.4967 million yuan, which is 1.69 times the salary of the second-highest, Sheng Xiaoying from Jingxing Paper [9][10] - There were 10 CFOs who experienced salary cuts, while 8 saw salary increases; the largest salary decrease was 784,200 yuan for Dong Lianming from ST Chenming [9] - The average salary for male CFOs is 622,800 yuan, while female CFOs earn an average of 451,400 yuan [9]

Core Viewpoint - The demand for waste paper pulp is surging due to the rapid growth of e-commerce and logistics in China, driven by a stable domestic economy and supportive government policies promoting recycling and circular economy initiatives [1][12][21]. Industry Overview - Waste paper pulp, also known as recycled pulp, is produced from waste paper and cardboard through various processing techniques. The production methods include dry and wet processes, with dry methods being more cost-effective [3][7]. - The production of waste paper pulp in China is projected to increase from 54.44 million tons in 2018 to 63.18 million tons by 2024, reflecting a compound annual growth rate (CAGR) of 2.5% [1][12]. Market Dynamics - The "ban on waste" policy has led to a complete halt in imported waste paper, exacerbating the shortage of virgin pulp and prompting companies to ramp up waste paper pulp production to meet market demands [1][12]. - The waste paper recovery volume in China is expected to reach 69.71 million tons by 2024, with a recovery rate of 51.1% and a utilization rate of 51.6% [10]. Government Policies - The Chinese government has implemented various policies to support the recycling industry, including the "14th Five-Year Plan" which emphasizes the establishment of a comprehensive recycling system for waste materials [5][6]. - Recent policies encourage the deep processing of recycled resources, including waste paper, to enhance the recycling industry's efficiency and output [5][6]. Competitive Landscape - The waste paper pulp industry features a diverse competitive landscape, with both large enterprises and small to medium-sized companies. Major players include Shanying International, Sun Paper, and Chenming Paper [16][17]. - The industry is expected to undergo consolidation, driven by policy and capital influences, leading to increased market concentration [16]. Future Trends - The waste paper pulp industry is anticipated to maintain steady growth, supported by increasing consumer demand for eco-friendly products and ongoing government initiatives [21]. - Future production will focus on green and intelligent manufacturing, with investments in environmental technologies and automation to enhance efficiency and reduce emissions [22][23]. - The collaboration across the waste paper recycling supply chain is expected to strengthen, improving the overall recovery and utilization rates of waste paper [24].

证券代码：002067 证券简称：景兴纸业 编号：临 2025-047 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 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。 转股期限：2021 年 3 月 4 日至 2026 年 8 月 30 日 自 2025 年 7 月 21 日起至 2025 年 8 月 5 日，浙江景兴纸业股份有限公司（以 下简称"公司"）股票已有 9 个交易日的收盘价不低于当期转股价格（即 3.39 元/ 股）的 130%（即 4.41 元/股）。若在未来触发"景兴转债"的有条件赎回条款， 即公司股票在任何连续三十个交易日中至少十五个交易日的收盘价不低于当期转 股价格的 130%（含 130%），根据《浙江景兴纸业股份有限公司公开发行 A 股可转 换公司债券募集说明书》（以下简称"《募集说明书》"）中有条件赎回条款的相 关约定，届时公司董事会有权决定按照债券面值加当期应计利息的价格赎回全部或 部分未转股的"景兴转债"。 公司将按照深圳证券交易所（以下简称"深交所"）相关规定及《募集说明书》 的约定及时履行后续审议程序和信 ...

| 证券代码：002067 | 证券简称：景兴纸业 | 编号：临 | 2025-047 | | --- | --- | --- | --- | | 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"景兴转债"预计满足赎回条件的提示性公告 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。 特别提示： | 证券代码：002067 | | | | | 证券简称：景兴纸业 | | | | | | | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | | 债券代码：128130 | | | | | 债券简称：景兴转债 | | | | | | | 转股价格：3.39 | 元/股 | | | | | | | | | | | 转股期限：2021 | 年 | 3 | 月 | 4 | 日至 2026 | 年 | 8 | 月 | 30 | 日 | 自 2025 年 7 月 21 日起至 2025 年 8 月 5 日，浙江景兴纸业股份有限公司（以 下简称"公司"） ...

Group 1 - The company, Jingxing Paper Industry, announced a share buyback program, having repurchased a total of 1,293,300 shares as of July 31, 2025, which represents 0.1029% of its total share capital [1]

Summary of Key Points Core Viewpoint - Jingxing Paper (002067.SZ) has announced a share buyback program, indicating confidence in its stock value and commitment to returning capital to shareholders [1] Group 1: Share Buyback Details - As of July 31, 2025, the company has repurchased a total of 1.2933 million shares, which represents 0.1029% of the total share capital [1] - The highest transaction price during the buyback was 3.60 CNY per share, while the lowest was 3.47 CNY per share [1] - The total amount spent on the buyback reached approximately 4.574147 million CNY, excluding transaction fees [1]

证券代码：002067 证券简称：景兴纸业 公告编号：临 2025-046 浙江景兴纸业股份有限公司 关于回购公司股份的进展公告 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。 浙江景兴纸业股份有限公司（以下简称"公司"）于2024年10月30日召开八届 董事会第十次会议及八届监事会第九次会议，于2024年11月19日召开2024年第二次 临时股东大会，审议通过了《关于回购公司股份方案的议案》，同意公司自股东大 会审议通过之日起12个月内使用不低于人民币8,000万元（含），不超过人民币 15,000万元（含）自有资金或自筹资金，通过深圳证券交易所交易系统以集中竞价 交易方式以不超过4.00元/股（含）的价格回购部分公司股份，回购的股份将用于 转换公司发行的可转换为股票的公司债券。具体内容详见公司于2024年10月31日披 露于《证券时报》及巨潮资讯网（http://www.cninfo.com.cn）上《关于回购公司股 份方案的公告》（公告编号：临2024-079）。 根据《上市公司股份回购规则》《深圳证券交易所上市公司自律监管指引第9 号——回购股份》等相 ...

Market Overview - The paper sector experienced a slight decline of 0.16% on July 30, with Jingxing Paper leading the drop [1] - The Shanghai Composite Index closed at 3615.72, up 0.17%, while the Shenzhen Component Index closed at 11203.03, down 0.77% [1] Individual Stock Performance - Notable gainers included Songyang Resources, which rose by 4.03% to a closing price of 16.01, with a trading volume of 227,700 shares and a turnover of 371 million yuan [1] - Other gainers included Bohui Paper (+1.59%), Xianhe Co. (+0.94%), and Taiyang Paper (+0.77%) [1] - Decliners included Yueyang Forest Paper (-0.21%), Qifeng New Materials (-0.22%), and Hengda New Materials (-0.43%) [1] Capital Flow Analysis - The paper sector saw a net outflow of 233 million yuan from institutional investors, while retail investors contributed a net inflow of 192 million yuan [2] - The overall capital flow indicates a mixed sentiment, with institutional investors pulling back while retail investors showed interest [2] Detailed Capital Flow for Selected Stocks - Songyang Resources had a net inflow of 13.27 million yuan from institutional investors, but a net outflow of 20.83 million yuan from retail investors [3] - Bohui Paper experienced a net inflow of 5.21 million yuan from institutional investors, with retail investors showing a net outflow [3] - Hengda New Materials saw a net inflow of 3.63 million yuan from institutional investors, but a significant net outflow from retail investors [3]