Core Viewpoint - The paper sector experienced a slight increase of 0.56% on September 29, with Jingxing Paper leading the gains, while the Shanghai Composite Index rose by 0.9% and the Shenzhen Component Index increased by 2.05% [1] Group 1: Market Performance - The paper sector's stocks showed mixed performance, with notable declines in several companies, including Minshida (-3.88%) and Sun Paper (-1.79%) [2] - The closing prices and percentage changes of key stocks in the paper sector were detailed, indicating a general downward trend among many companies [2] Group 2: Capital Flow - The paper sector saw a net inflow of 349 million yuan from main funds, while retail investors experienced a net outflow of 132 million yuan [4] - Specific stocks like Changxing Wanye and Sun Paper had varying levels of net inflow and outflow from main and retail investors, highlighting differing investor sentiments [4]

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 | 证券代码：002067 | 证券简称：景兴纸业 | 编号：临 2025-072 | | --- | --- | --- | | 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"的第四次提示性公告 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： 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 10.最后一个交易日可转债简称：Z 景转债 11.根据安排，截至 2025 年 10 月 22 日收市后仍未转股的"景兴转债"将被强 制赎回。本次赎回完成后，"景兴转债"将在深圳证券交易所（以下 ...

Group 1 - The Shanghai Composite Index showed a slight recovery after a morning dip, with the ChiNext Index rising nearly 3% [1] - The lithium battery sector experienced strong upward momentum, with various sub-sectors such as sodium-ion batteries and solid-state batteries leading the gains [2] - The lithium battery indices reported significant increases, with the lithium battery index up by 4.22% and the power battery index up by 4.52% [3] Group 2 - A total of 421 companies were surveyed by institutions in the past 10 trading days, with 57 companies receiving attention from overseas institutions [4] - Deep South Circuit (002916) was the most focused company, receiving visits from 29 overseas institutions, highlighting its capacity expansion through technology upgrades and new projects [4] - Zhongkong Technology was also notable, with 20 overseas institutions participating in its survey, and it recently won two major projects from Sinopec, expected to generate significant annual output value [4] Group 3 - Stocks that received overseas institutional research saw an average increase of 3.11% over the past 10 trading days, with Demingli (001309) leading with a 56.95% increase [7] - More than half of the surveyed stocks received net purchases from financing clients, with Zhongchuang Zhiling (601717) receiving the highest net buy of 342 million yuan [7] - The storage industry is experiencing a positive outlook due to increased capital expenditures from major tech companies, with expectations for storage prices to maintain an upward trend in the fourth quarter [7]

Group 1 - The paper sector experienced a significant upward trend, with notable stocks such as Jingxing Paper reaching the daily limit increase [1] - Rongsheng Environmental Protection saw an increase of over 5%, indicating strong market interest [1] - Other companies in the sector, including Qingshan Paper, Bohui Paper, Xianhe Co., and Hengda New Materials, also showed positive performance [1]

Group 1 - The paper industry is experiencing a significant upward trend, with notable stocks such as Jingxing Paper Industry hitting the daily limit, and Rongsheng Environmental Protection rising over 5% [1] - Other companies in the sector, including Qingshan Paper Industry, Bohui Paper Industry, Xianhe Co., and Hengda New Materials, are also seeing increases in their stock prices [1]

Core Viewpoint - Jingxing Paper Industry experienced a stock price increase of 5.55%, reaching 5.90 CNY per share, with a total market capitalization of 8.133 billion CNY as of September 29 [1] Group 1: Company Overview - Zhejiang Jingxing Paper Industry Co., Ltd. is located in Pinghu City, Zhejiang Province, and was established on November 1, 1996, with its listing date on September 15, 2006 [1] - The company's main business involves 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 base paper, 14.39% from household paper, 6.72% from cardboard, 5.94% from other products, and 2.93% from recycled pulp board [1] Group 2: 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 [2] - The shares represent 0.25% of the fund's net value, making it the third-largest holding [2] - The fund has an estimated floating profit of approximately 4,764.08 CNY as of the report date [2] Group 3: 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 20 days [3] - The total asset size of the fund is 13.233 billion CNY, with the best fund return during Pan Wei's tenure being 22.74% and the worst being -3.81% [3]

浙江景兴纸业股份有限公司 关于提前赎回"景兴转债"的第三次提示性公告 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。 | 证券代码：002067 | 证券简称：景兴纸业 | 编号：临 2025-071 | | --- | --- | --- | | 债券代码：128130 | 债券简称：景兴转债 | | 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"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 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 10.最后一个交易日可转债简称：Z 景转债 ...

Core Points - The company announced a change in the source of conversion for its "Jingxing Convertible Bonds" to prioritize the use of repurchased treasury shares, with any shortfall to be covered by newly issued shares [2] - The current conversion price is set at RMB 3.39 per share [2] - The effective date for using repurchased shares as a source for conversion is September 29, 2025 [2]

Core Viewpoint - Jingxing Paper announced that the "Jingxing Convertible Bonds" will be forcibly redeemed if not converted by the close of trading on October 22, 2025, leading to their delisting from the Shenzhen Stock Exchange [1] Group 1 - The company has set a deadline for bondholders to convert their "Jingxing Convertible Bonds" before the forced redemption [1] - Bondholders are advised to release any pledges or freezes on their "Jingxing Convertible Bonds" before the trading halt to avoid being unable to convert [1] - There may be a significant difference between the redemption price and the market price prior to the trading halt, which could lead to potential losses for investors who do not convert in time [1]

| 证券代码：002067 | 证券简称：景兴纸业 | 公告编号:2025-067 | | --- | --- | --- | | 转债代码：128130 | 转债简称：景兴转债 | | 浙江景兴纸业股份有限公司 关于新增"景兴转债"转股来源的公告 3.回购股份作为转股来源生效日期：2025 年 9 月 29 日 一、"景兴转债"发行上市情况 经中国证券监督管理委员会"证监许可〔2020〕1345号"文核准，公司于2020 年8月31日公开发行了1,280.00万张可转换公司债券，每张面值100元，发行总额12.8 亿元。本次发行的可转债向公司在股权登记日收市后登记在册的原股东优先配售， 原股东优先配售后余额部分（含原股东放弃优先配售部分）采用网上向社会公众投 资者通过深交所交易系统发售的方式进行。对认购金额不足12.8亿元的部分由主承 销商包销。 经深交所"深证上〔2020〕848号"文同意，公司本次公开发行的12.8亿元可转 换公司债券于2020年9月18日起在深交所挂牌交易，债券简称"景兴转债"，债券代 码"128130"。 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》的 相关规 ...