证券代码：002067 证券简称：景兴纸业 编号：临 2023-030 浙江景兴纸业股份有限公司 关于参加浙江辖区上市公司 2023 年投资者网上集体接待日活动 暨召开 2022 年年度业绩网上说明会的公告 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。 为进一步加强与投资者的互动交流，浙江景兴纸业股份有限公司（以下简称"公 司"）将参加由浙江证监局、浙江省上市公司协会与深圳市全景网络有限公司联合举 办的"2023 年浙江辖区上市公司投资者集体接待日活动"暨"2022 年年度业绩网上 说明会"，现将相关事项公告如下： 本次活动将采用网络远程的方式举行，投资者可登录"全景路演"网站 （https://rs.p5w.net），或关注微信公众号：全景财经，或下载全景路演 APP,参与本 次互动交流，活动时间为 2023 年 5 月 12 日（周五）15:00-17:00。届时公司董事长 朱在龙先生、独立董事朱锡坤先生、董事兼总经理王志明先生、董事兼副总经理、 董事会秘书姚洁青女士、董事兼副总经理、财务总监盛晓英女士将在线就公司 2022 年度业绩、公司治理、发展战略 ...

Financial Performance - The company's revenue for Q1 2023 was CNY 1,274,263,511.89, a decrease of 12.71% compared to CNY 1,459,767,590.73 in the same period last year[5] - Net profit attributable to shareholders was CNY 10,600,725.38, down 86.33% from CNY 77,551,068.98 year-on-year[5] - The net profit after deducting non-recurring gains and losses was CNY 5,057,414.99, a decline of 93.10% compared to CNY 73,342,579.46 in the previous year[5] - Total operating revenue for Q1 2023 was CNY 1,274,263,511.89, a decrease of 12.7% compared to CNY 1,459,767,590.73 in the same period last year[19] - Net profit for Q1 2023 was CNY 10,332,033.47, a significant decline of 87.7% from CNY 84,020,367.81 in Q1 2022[20] - The company reported a comprehensive income total of CNY -13,903,484.52 for Q1 2023, contrasting with CNY 75,940,041.26 in Q1 2022[20] Assets and Liabilities - The company's total assets increased by 3.23% to CNY 8,213,982,586.99 from CNY 7,956,865,916.01 at the end of the previous year[5] - Total liabilities rose to CNY 2,691,210,584.84, compared to CNY 2,422,254,034.79, indicating an increase of 11.1%[18] - The equity attributable to shareholders of the parent company decreased to CNY 5,518,088,959.76 from CNY 5,531,660,197.07, a slight decline of 0.2%[18] Cash Flow - Cash flow from operating activities was CNY 106,706,192.20, an increase of 3.35% compared to CNY 103,247,690.22 in the previous year[5] - In Q1 2023, the company generated operating cash inflow of CNY 1,299,947,774.15, a decrease of 20.3% compared to CNY 1,631,773,483.06 in the same period last year[21] - The net cash flow from operating activities was CNY 106,706,192.20, slightly up from CNY 103,247,690.22 in Q1 2022[21] - The company reported a net cash outflow from investing activities of CNY -93,513,930.56, an improvement from CNY -128,014,536.85 in the previous year[21] - Cash inflow from financing activities totaled CNY 444,000,000.00, significantly higher than CNY 110,000,000.00 in Q1 2022[22] - The net cash flow from financing activities was CNY 264,359,921.40, compared to CNY 37,056,425.45 in the same quarter last year[22] Shareholder Information - The number of ordinary shareholders at the end of the reporting period was 66,448[12] - The company reported a total of 10 major shareholders, with the largest shareholder holding 57,600,000 shares, representing a significant portion of the total shares[13] - The company has engaged in margin trading, with several major shareholders holding shares through margin accounts, indicating active trading strategies[13] Inventory and Investments - The company's inventory decreased to CNY 632,142,954.48 from CNY 693,061,609.08, representing a decline of approximately 8.8%[16] - Long-term equity investments were reported at CNY 236,191,709.49, down from CNY 242,164,005.65, showing a decrease of about 2.5%[16] - The total amount of receivables, including accounts receivable and financing receivables, was CNY 835,476,887.43, showing stability compared to previous periods[16] Research and Development - Research and development expenses for Q1 2023 were CNY 32,559,077.27, down from CNY 36,606,162.91, a reduction of 10.3%[19] - The company has not reported any new product developments or technological advancements in this quarter[15] Mergers and Acquisitions - There are no significant mergers or acquisitions reported in the current quarter, maintaining the company's existing strategic focus[15]

Financial Performance - The company's operating revenue for 2022 was CNY 6,227,218,533.79, a slight increase of 0.04% compared to CNY 6,224,614,594.70 in 2021[21]. - The net profit attributable to shareholders decreased by 73.34% to CNY 117,594,321.67 from CNY 441,121,948.56 in the previous year[21]. - The net profit after deducting non-recurring gains and losses was CNY 98,006,001.75, down 77.71% from CNY 439,626,558.95 in 2021[21]. - Basic earnings per share decreased by 73.68% to CNY 0.10 from CNY 0.38 in the previous year[21]. - The comprehensive gross margin for the company declined by 9.63% compared to the previous year, reflecting the challenging market conditions[47]. - The company's operating profit decreased significantly by 74.16% to CNY 125,799,549.64, and net profit attributable to shareholders fell by 73.34% to CNY 117,594,321.67[47]. - The total revenue for 2022 was CNY 6,227,218,533.79, a slight increase of 0.04% compared to CNY 6,224,614,594.70 in 2021[73]. - The revenue from raw paper accounted for 81.00% of total revenue, amounting to CNY 5,044,437,001.91, which represents a decrease of 5.00% year-on-year[73]. - The company’s revenue from life paper products increased significantly by 104.11% to CNY 641,971,964.01, compared to CNY 314,519,197.00 in the previous year[73]. Cash Flow and Investments - The net cash flow from operating activities increased significantly by 271.49% to CNY 925,627,292.10 from CNY 249,165,915.12 in 2021[21]. - Total cash inflow from operating activities was CNY 7,043,552,582.37, reflecting a growth of 17.72% from CNY 5,983,356,532.63 in 2021[91]. - Total cash outflow from operating activities was CNY 6,117,925,290.27, an increase of 6.69% from CNY 5,734,190,617.51 in 2021[91]. - Investment cash inflow decreased by 62.24% to CNY 326,506,245.64 in 2022, down from CNY 864,793,089.73 in 2021[92]. - The net cash flow from investment activities was -CNY 654,751,226.92 in 2022, a decrease of 38.17% from -CNY 473,873,169.63 in 2021[92]. - The company invested CNY 30 million to acquire a 15% stake in Xuancheng Zhenghai Capital Venture Investment Fund, becoming a limited partner[62]. - The company has committed a total of CNY 85 million to the Shanghai Jinpu Guodiao M&A Equity Investment Fund, which has invested in multiple projects, including CNY 5 million in Beijing Bangbang Safety Technology Co., Ltd.[63]. Market and Industry Outlook - The packaging paper market is highly sensitive to macroeconomic changes, with significant growth potential due to the increasing per capita consumption of paper in China[33]. - The company faces a challenging operating environment due to global economic fluctuations and declining demand in the packaging paper market[32]. - The Chinese government's strict environmental and energy policies are driving changes in the industry structure, leading to increased concentration and higher barriers to entry[34]. - The company is expected to benefit from policies aimed at stimulating investment and consumption, which could enhance profitability in the packaging paper sector[32]. - The cancellation of import tariffs on most finished paper products may lead to increased competition from external suppliers in the future[32]. Production and Capacity - The company primarily engages in the production and sales of industrial packaging paper, cardboard, and various types of household paper, with key products including kraft linerboard and corrugated paper[38][39]. - The company produced 1,475,600 tons of various packaging paper, a decrease of 0.73% year-on-year, while sales increased by 0.73% to 1,401,000 tons[51]. - The life paper division's production capacity increased from 68,000 tons to 188,000 tons, reflecting the company's investment in expanding its product offerings[52]. - The company has initiated the construction of a 60,000-ton deinking pulp production line, which will replace part of the bleached broadleaf pulp for producing recycled eco-friendly household paper[59]. Research and Development - The company invested 215.34 million yuan in research and development, completing 31 out of 34 technical projects and 19 out of 44 technical transformation projects[60]. - The company developed new products including high-strength corrugated paper and eco-friendly high-compression-resistant corrugated paper, which have passed certification[60]. - Research and development expenses increased by 20%, totaling 300 million RMB, focusing on sustainable production technologies[64]. - The company is focusing on enhancing its R&D capabilities in new electronic components, with a focus on high-performance resistors and capacitors[67]. Strategic Initiatives and Future Plans - The company plans to ensure the operation of the 800,000-ton waste paper pulp project in Malaysia and the 60,000-ton deinked pulp project to enhance self-sufficiency in quality raw materials[134]. - The company will implement a digital operation platform to achieve 100% data collection coverage and improve production transparency and efficiency[137]. - The company plans to expand its market presence in Southeast Asia, targeting a 15% market share by 2025[64]. - The company aims to become the most excellent and professional paper supplier in China, focusing on customer growth and product value enhancement[133]. Governance and Compliance - The board of directors consists of 9 members, including 3 independent directors, and operates in compliance with relevant laws and regulations[156]. - The supervisory board is composed of 3 members, including 1 employee representative, and effectively supervises the company's financial and operational compliance[157]. - The company disclosed a total of 98 documents during the reporting period, including 57 announcements, ensuring transparency and timely information sharing[158]. - The company has established a strict insider information management system, ensuring compliance and confidentiality in handling sensitive information[160]. Employee Management and Development - The total number of employees at the end of the reporting period was 2,077, with 1,040 in the parent company and 1,037 in major subsidiaries[190]. - The company has a competitive salary structure, including basic and performance-based wages, to attract and retain talent[192]. - The company conducted 24 training sessions, organizing a total of 137 events, training 1,249 participants during the reporting period[194]. - The company has established a complete employee growth and promotion system to enhance operational performance[192].

证券代码：002067 证券简称：景兴纸业 浙江景兴纸业股份有限公司投资者关系活动记录表 | --- | --- | |-------------------|----------------------------------------------------| | | | | 投 资 者 关 系 活 | | | 动类别 | 特定对象调研 | | 参 与 单 位 名 称 | 中信证券股份有限公司 胡玉峰 | | 及人员姓名 | 工银瑞信基金管理有限公司 黄璐 | | 时间 | 2015 年 9 月 23 日下午 2 点 | | 地点 | 浙江景兴纸业股份有限公司会议室 | | 上 市 公 司 接 待 | 董事副总经理财务总监盛晓英、副总徐海伟、证代吴艳芳 | | 人员姓名 | | | 投 资 者 关 系 活 | 1 、公司经营情况： | | 动 主 要 内 容 介 | 生产经营正常，销售情况一直可以，毛利空间较小。主 | | 绍 | 营这块近两年业绩不佳，行业情况不乐观，公司近期没 | | | 有重大资本性支出的准备，希望能保持目前的产能规 | | | 模，做细做强，努力度过行业的冬天。公司的主要客户 | ...

Group 1: Industry Overview - The industry is currently facing overcapacity issues, and while technological upgrades necessitate equipment improvements, this will lead to the elimination of outdated capacity alongside the release of new capacity. The short-term outlook for the industry remains pessimistic [2]. Group 2: Company Operations - Overall sales are satisfactory, with recent price increases in corrugated paper; however, the overall gross profit margin remains low. The company has initiated projects for 300,000 tons of high-strength corrugated base paper and 68,000 tons of household paper [2][4]. - The primary purpose of the base paper project is to address the inadequacy of product support, catering to existing customers and aligning with market demand trends, which suggests a positive market outlook [4]. Group 3: Household Paper Project - The 68,000 tons household paper project includes a production line of 8,000 tons that is operational, while one of the two 30,000 tons production lines has been installed and is in trial operation, with the other still under construction [4]. - The household paper division is implementing a marketing-first strategy to explore the market, which will inform product development and marketing strategies once the project is fully operational [4]. Group 4: Investment and Financing - The company plans to leverage its investment experience to participate in key industries encouraged by national policies, with a focus on manageable investment risks. It has completed a 20% investment in Aiteke, which has plans for an IPO [4]. - There are currently no plans for equity financing; operational funding will primarily be secured through bank financing [5].

Group 1: Company Performance - The main business reported a loss in the third quarter, with new capacity in household paper affecting this year's performance due to high initial marketing costs [2] - The main product, corrugated paper, has decent sales, but overall gross margin is low due to economic downturns and industry overcapacity [2] Group 2: Investment Strategies - The company is seeking investment projects due to unsatisfactory main business performance and challenges in transformation, aiming for sustainable investment returns [4] - The company is optimistic about the smart robotics industry and has invested in a local startup, Zhicheng Intelligent, which is in its early stages [4] Group 3: Environmental Initiatives - The paper industry faces significant environmental challenges, particularly in wastewater treatment, and the company supports related projects like Aiteke, which require substantial funding [4] - The company is providing guarantees for Aiteke's financing needs this year [4] Group 4: Future Investment Directions - There is no specific investment direction, but the company is focusing on health, smart robotics, and environmental projects, with a potential shift to later-stage projects when funds allow [5]

Group 1: Industry Situation - The paper industry is facing significant challenges, closely tied to the economic climate. If the economy continues to decline, there is a possibility of further deterioration in the operating environment [2] - The company is considering a shift towards venture capital due to the difficulties in the paper business, but the large asset scale and recent fixed asset investments make immediate transformation challenging [4] Group 2: Investment in Intelligent Robotics - The company is optimistic about the intelligent robotics sector and has identified a local enterprise, Zhicheng Intelligent, as a suitable investment opportunity due to its manageable investment size and potential for growth [2] - Zhicheng Intelligent has a relatively weak sales capability and is still in the early stages of its robotics business, but the management team has made some technological preparations and has a recognized vision for the future [4] Group 3: Investment Strategy and Concerns - The company is currently engaged in diversified investments across sectors such as pharmaceuticals, environmental protection, and intelligent robotics, primarily due to concerns about the economic situation [4] - The company has a cautious approach towards the Boyuan project, which is still in the trial production phase, and will only proceed with due diligence after the project officially commences production and achieves sales [4]

证券代码：002067 证券简称：景兴纸业 浙江景兴纸业股份有限公司投资者关系活动记录表 | --- | --- | --- | |-----------------------|-----------------------------------|----------------------------------------------------| | | | | | 投资者关系活 | □ 特定对象调研 □分析师会议 | | | | □ 媒体采访 □业绩说明会 | | | 动类别 | □ 新闻发布会 □路演活动 | | | | □ 现场参观 | | | | □ 其他 （请文字说明其他活动内容） | | | 参与单位名称 | | 海通证券 曾知 平安资管 赵旭城 周永冠 | | 及人员姓名 | | 浦银安盛基金 龚剑成 中欧基金 庄波 | | | | 万家基金 李黎亚 金元顺安 马婷婷 | | | | 国联安基金 王紫艳 安信证券 周文波 | | | 东兴证券 孙金琦 | | | 时间 | 2016 年 5 月 26 | 日 13： 30-14：30 | | 地点 | 上海景兴实业投资有限公司会议室 | ...