投资者关系活动记录表 证券代码：002078 证券简称：太阳纸业 2023 年 10 月 30 日投资者关系活动记录表 编号：20231030 □特定对象调研 □分析师会议 □媒体采访 □业绩说明会 投资者关系 □新闻发布会 □路演活动 活动类别 □现场参观 □一对一沟通 √其他 投资者交流会 1、 PAG-太盟投资集团 Toby Liang 2、 PolymerCapital-柏骏资本管理（香港）有限公司 David Ching 3、 爱华资产 Hank Ren 4、 安信基金 黄琬舒 5、 安信证券 罗乾生、袁子康 6、 宝盈基金 吕功绩 7、 北京源乐晟资产 卢奕璇 8、 博时基金 李汉楠 ...

Financial Performance - The company's operating revenue for Q3 2023 was ¥9,860,519,129.31, representing a 0.77% increase compared to ¥9,785,485,089.62 in the same period last year[4]. - Net profit attributable to shareholders for Q3 2023 reached ¥885,260,808.79, a significant increase of 45.46% from ¥608,574,384.77 in the previous year[4]. - The net profit attributable to shareholders after deducting non-recurring gains and losses was ¥867,161,157.89, up 45.38% from ¥596,471,191.81 in the same period last year[4]. - Basic earnings per share for Q3 2023 were ¥0.3168, reflecting a 39.87% increase from ¥0.2265 in the same period last year[4]. - Diluted earnings per share for Q3 2023 were ¥0.3103, which is a 41.95% increase compared to ¥0.2186 in the previous year[4]. - Net profit for the current period is ¥2,148,014,863.86, down 5.43% from ¥2,271,548,799.58 in the previous period[27]. - Basic earnings per share decreased to ¥0.7645 from ¥0.8441, a decline of 9.06%[28]. - Operating profit for the current period is ¥2,203,780,843.17, down 10.09% from ¥2,451,972,542.95 in the previous period[27]. Cash Flow - The net cash flow from operating activities for the year-to-date period was ¥5,640,711,104.07, showing a substantial increase of 76.31% compared to ¥3,199,387,627.69 in the previous year[4]. - Cash inflow from operating activities decreased by 6.37% to ¥32,022,342,592.56 compared to the previous year[14]. - The net cash flow generated from operating activities increased by 76.31% to ¥5,640,711,104.07 compared to ¥3,199,387,627.69 in the same period last year[15]. - Cash and cash equivalents increased by 186.91% to ¥473,923,373.46, primarily due to the increase in net cash flow from operating activities and a decrease in external investment payments[15]. - The net increase in cash and cash equivalents for Q3 2023 was 473,923,373.46, a recovery from a decrease of -545,298,344.26 in Q3 2022[30]. - The ending balance of cash and cash equivalents as of Q3 2023 was 1,756,574,904.22, compared to 1,227,040,386.29 at the end of Q3 2022, reflecting a year-over-year increase of approximately 43%[30]. Assets and Liabilities - The total assets at the end of the reporting period were ¥51,096,855,975.70, marking a 6.40% increase from ¥48,013,962,336.41 at the end of the previous year[4]. - The total liabilities of the company as of September 30, 2023, are RMB 25.75 billion, compared to RMB 24.85 billion at the beginning of the year[25]. - The equity attributable to shareholders at the end of the reporting period was ¥25,244,535,656.98, which is a 9.35% increase from ¥23,084,022,534.28 at the end of the previous year[4]. - The company's equity attributable to shareholders increased to RMB 25.24 billion from RMB 23.08 billion at the beginning of the year[25]. Investments and Projects - The company has initiated a "wood-pulp-paper integration" project in Nanning, Guangxi, with an annual production capacity of 5.25 million tons, approved at the shareholder meeting on November 22, 2022[20]. - The Nanning project includes a 1 million-ton high-end packaging paper production line and a 500,000-ton unbleached chemical wood pulp production line, which entered trial production in Q3 2023[20]. - The total investment for the Nanning household paper project is expected to be no more than RMB 1.35 billion, with the first phase involving the construction of 4 production lines[21]. - The company plans to invest in a new production line for household paper with an annual capacity of 300,000 tons, leveraging existing chemical wood pulp capacity[20]. - The Nanning project is expected to enhance the company's production capacity in the fast-moving consumer goods sector[21]. Accounting Policies and Adjustments - The company has implemented changes in accounting policies as per the Ministry of Finance's announcement on November 30, 2022, affecting deferred income tax assets and liabilities[5]. - The adjustments made to the financial statements due to the new accounting policy resulted in a net profit adjustment of ¥23,636.70 for the year ended December 31, 2022[6]. - The company has implemented a new accounting policy effective January 1, 2023, regarding deferred income tax related to single transactions[31]. - The net profit attributable to shareholders of the parent company for the year ended December 31, 2022, was adjusted to 2,808,788,781.99 after accounting policy changes[33]. Other Financial Metrics - Non-operating income for Q3 2023 totaled ¥18,099,650.90, a decrease from ¥51,277,813.32 year-to-date[11]. - Trade receivables increased by 32.04% to ¥2,947,930,086.38 compared to the beginning of the year, primarily due to delayed payments[12]. - Inventory decreased by 29.96% to ¥3,739,722,197.82, attributed to a reduction in raw materials and finished goods[12]. - Contract liabilities rose by 55.06% to ¥818,277,575.09, reflecting an increase in advance payments received from customers[14]. - Other non-current liabilities increased by 61.83% to ¥101,554,830.58, mainly due to an increase in expected tax liabilities[14]. - The company reported a 43.27% increase in tax and additional fees to ¥164,877,689.43, driven by higher VAT revenue[14]. - Fair value gains increased by 163.91% to ¥8,202,186.82, due to adjustments in non-current financial assets[14]. - The company’s long-term prepaid expenses decreased by 42.03% to ¥58,131,860.85, resulting from early debt payments and insurance refunds[12]. - The company’s investment income decreased by 41.80% to ¥10,086,213.07, primarily due to reduced returns from forward foreign exchange settlements[14]. - Research and development expenses increased to ¥748,537,808.77, up 18.52% from ¥631,758,067.97 in the previous period[26]. - Other comprehensive income after tax for the current period is ¥319,815,961.16, significantly lower than ¥1,011,377,078.12 in the previous period[27]. - Total comprehensive income for the current period is ¥2,467,830,825.02, down from ¥3,282,925,877.70 in the previous period[28]. - Investment income decreased to ¥10,086,213.07 from ¥17,330,577.88, a decline of 41.57%[26].

1、山东太阳纸业股份有限公司（以下简称"公司"）第八届董事会第十八 次会议于 2023 年 10 月 16 日以电话、电子邮件等方式发出通知，会议于 2023 年 10 月 27 日在公司会议室以现场会议的方式召开。 证券代码：002078 证券简称：太阳纸业 公告编号：2023-036 山东太阳纸业股份有限公司 第八届董事会第十八次会议决议公告 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、董事会会议召开情况 表决结果：同意7票，反对0票，弃权0票。 2、本次董事会会议应出席董事 7 人，实际出席会议的董事 7 人。 3、本次会议由公司董事长李洪信先生主持。会议以记名投票方式表决。公 司全体监事及部分高级管理人员列席了本次会议。 4、本次董事会会议的召开符合有关法律、行政法规、部门规章、规范性文 件和《公司章程》的规定。 二、董事会会议审议情况 与会董事对本次会议审议的全部议案进行审核，并以记名投票表决的方式， 进行了审议表决，形成了如下决议： （一）审议通过了《公司2023年第三季度报告》。 表决结果：同意7票，反对0票，弃权0票。 太阳纸业《202 ...

证券代码：002078 证券简称：太阳纸业 公告编号：2023-039 山东太阳纸业股份有限公司 第八届监事会第十一次会议决议公告 表决结果：同意3票，反对0票，弃权0票。 本公司及监事会全体成员保证信息披露内容的真实、准确和完整，没有虚 假记载、误导性陈述或重大遗漏。 一、监事会会议召开情况： 1、山东太阳纸业股份有限公司（以下简称"公司"或"太阳纸业"）第八届 监事会第十一次会议于 2023 年 10 月 16 日以书面形式发出通知,会议于 2023 年 10 月 27 日在公司会议室以现场会议方式召开。 2、本次会议应到监事 3 人，实到监事 3 人，全体监事均亲自出席会议。会 议由公司监事会召集人张康先生主持，公司部分高管列席了本次会议。 3、本次监事会会议的召开符合有关法律、行政法规、部门规章、规范性文 件和《公司章程》的规定。 二、监事会会议审议情况： 经与会监事充分审议，会议采用记名投票表决的方式表决了本次会议的议案， 形成并通过了如下决议： 审议通过了《公司 2023 年第三季度报告》。 与会监事对公司董事会编制的公司 2023 年第三季度报告发表如下审核意见： 经认真审核，监事会认为董事会编 ...

证券代码：002078 证券简称：太阳纸业 公告编号：2023-038 山东太阳纸业股份有限公司 关于子公司南宁太阳纸业有限公司 投资建设年产30万吨生活用纸及后加工项目的公告 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。 一、对外投资概述 （一）对外投资的基本情况： 根据山东太阳纸业股份有限公司（以下简称"公司"或"太阳纸业"）的发 展规划，太阳纸业广西基地南宁园区30万吨生活用纸及后加工项目（以下简称"南 宁生活用纸项目"）由全资子公司南宁太阳纸业有限公司（以下简称"南宁太阳"） 负责实施。南宁生活用纸项目预计总投资不超过人民币13.50亿元，项目规划分 两期建设。 （二）董事会审议情况： 2023年10月27日，公司召开了第八届董事会第十八次会议，本次会议审议 通过了《关于子公司南宁太阳纸业有限公司投资建设年产30万吨生活用纸及后 加工项目的议案》。 1、企业名称：南宁太阳纸业有限公司 2、统一社会信用代码：91450181MA7HB4YF58 1 3、类型：有限责任公司（非自然人投资或控股的法人独资） 4、住所：南宁东部新城六景工业园区景春路7号 根 ...

北京德恒律师事务所 关于山东太阳纸业股份有限公司 2023 年第二次临时股东大会的 法律意见 北京市西城区金融街 19 号富凯大厦 B 座 12 层 电话:010-52682888 传真:010-52682999 邮编:100033 关于山东太阳纸业股份有限公司 北京德恒律师事务所 2023 年第二次临时股东大会的法律意见 北京德恒律师事务所 关于山东太阳纸业股份有限公司 2023 年第二次临时股东大会的 法律意见 德恒 01G20220487-04 号 致：山东太阳纸业股份有限公司 北京德恒律师事务所受山东太阳纸业股份有限公司（以下简称"太阳纸业" 或"公司"）委托，指派本所律师出席太阳纸业 2023 年第二次临时股东大会（以 下简称"本次股东大会"），对本次股东大会的合法性进行见证并出具本法律意 见。 本所律师根据《中华人民共和国公司法》(以下简称"《公司法》")、《中 华人民共和国证券法》（以下简称"《证券法》"）、中国证券监督管理委员会 《上市公司股东大会规则》《深圳证券交易所上市公司股东大会网络投票实施细 则》（以下简称"《深交所网络投票细则》"）等现行有效的法律、法规和规范 性文件，以及《山东太阳 ...

证券代码：002078 证券简称：太阳纸业 公告编号：2023-034 山东太阳纸业股份有限公司 2023年第二次临时股东大会决议公告 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： 1、本次股东大会没有出现否决议案的情形； 2、本次股东大会不涉及变更前次股东大会决议的情形。 一、会议召开情况 1、股东大会届次：2023 年第二次临时股东大会 2、会议召集人：公司董事会 3、会议主持人：董事长李洪信先生 4、会议召开方式：本次股东大会采用现场表决与网络投票相结合的方式召 开。 （2）网络投票时间：2023 年 9 月 8 日。 通过深圳证券交易所交易系统进行网络投票的具体时间为 2023 年 9 月 8 日 的交易时间，即 9:15—9:25，9:30—11:30 和 13:00—15:00； 通过深圳证券交易所互联网投票系统进行网络投票的时间为 2023 年 9 月 8 日（现场股东大会召开当日）上午 9:15，结束时间为 2023 年 9 月 8 日（现场股 东大会结束当日）下午 3:00。 6、股权登记日：2023 年 9 月 4 日 7、现 ...

山东太阳纸业股份有限公司 关于回购注销部分限制性股票的减资公告 证券代码：002078 证券简称：太阳纸业 公告编号：2023-035 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。 山东太阳纸业股份有限公司（以下简称"公司"）于 2023 年 9 月 8 日召开 2023 年第二次临时股东大会，会议审议通过了《关于回购注销部分激励对象已 获授但尚未解锁的限制性股票的议案》。 公司限制性股票激励计划（2021—2023）激励对象中有 10 人因离职等原因， 不再满足成为激励对象的条件。根据《公司限制性股票激励计划（2021—2023）》 以及相关法律、法规的有关规定，前述 10 人所持已获授但尚未解除限售的限制 性股票共计 111,000 股由公司回购注销，回购价格为 7.95 元/股。 本次回购注销完成后，公司股份总数将由 2,794,684,119 股减少至 2,794,573,119 股，公司注册资本将由 2,794,684,119 元减少至 2,794,573,119 元。 本次回购注销部分限制性股票的相关情况详见公司 2023 年 8 月 3 日刊登 ...

Financial Performance - The company reported a revenue increase of 15% year-over-year for the first half of 2023, reaching RMB 1.2 billion[7]. - Net profit for the first half of 2023 was RMB 200 million, representing a 10% increase compared to the same period last year[7]. - Future guidance estimates a revenue growth of 12% for the second half of 2023, driven by new product launches[7]. - The company's operating revenue for the reporting period was ¥19,342,010,088.21, a decrease of 2.58% compared to the same period last year[13]. - Net profit attributable to shareholders was ¥1,251,322,898.00, reflecting a decline of 24.59% year-over-year[13]. - The net profit after deducting non-recurring gains and losses was ¥1,218,144,735.58, down 25.65% from the previous year[13]. - Basic earnings per share decreased by 27.42% to ¥0.45[13]. - The company reported a significant increase in revenue from chemical products, which rose by 1,117.45% to ¥67,220,601.96[34]. - The total revenue for the first half of 2023 was ¥19,342,010,088.21, a decrease of 2.57% compared to ¥19,854,990,443.30 in the same period of 2022[132]. - The net profit attributable to the parent company for the first half of 2023 is approximately ¥1.25 billion, a decrease of 24.5% compared to ¥1.66 billion in the same period of 2022[134]. Production and Capacity Expansion - The company plans to expand its production capacity by 20% in the next fiscal year to meet growing market demand[7]. - The company has established three major bases in Shandong, Guangxi, and Laos, with a total production capacity approaching 12 million tons[20]. - The company’s total production capacity for paper and pulp is expected to approach 12 million tons with the completion of new and upgraded projects in the Guangxi base[24]. - The company achieved a production capacity of 1.5 million tons of pulp and paper annually at its Laos base, focusing on sustainable development and resource utilization[30]. - The company is advancing the "integrated forestry, pulp, and paper" project in Nanning, Guangxi, with a production capacity of 525,000 tons per year, and the first phase is progressing steadily[111]. - The company has initiated a project to establish a 1 million ton high-end packaging paper production line and a 500,000 ton unbleached chemical wood pulp production line, expected to enter trial production in Q3 2023[111]. Research and Development - The company is investing RMB 50 million in R&D for new product development, focusing on sustainable packaging solutions[7]. - Research and development expenses increased by 17.98% to approximately ¥497.25 million, reflecting enhanced R&D efforts[33]. - The company’s differentiated product development in cultural paper saw a 50% growth during the reporting period[21]. - The company is focused on maintaining a competitive edge amid market challenges, including severe homogenization and supply-demand imbalances in the paper industry[51]. - The company plans to continue focusing on research and development to drive future growth and market expansion[135]. Strategic Initiatives - The company has initiated a strategic partnership with a leading technology firm to enhance its digital transformation efforts[7]. - The company is implementing a lean management project to enhance operational efficiency and reduce costs, aiming to become a leading enterprise in lean production within the industry[23]. - The company plans to strengthen its talent development and management team, focusing on selecting and cultivating leadership talent to enhance overall employee quality[23]. - The company is exploring potential acquisitions in the biodegradable materials sector to diversify its product offerings[7]. - The company plans to enhance its cost control capabilities through the integration of the "forest-pulp-paper" industry chain across its three major bases in Shandong, Guangxi, and Laos[51]. Environmental Sustainability - The company has obtained environmental permits for its subsidiaries, with validity periods ranging from 2025 to 2027[75]. - The company adheres to multiple environmental protection laws, including the Air Pollution Prevention and Control Law and the Water Pollution Prevention and Control Law[74]. - The company has implemented a comprehensive wastewater treatment system, achieving COD levels of 21.38 mg/L[76]. - The company has a focus on reducing emissions, with specific targets for SO2 and NOx management in its operations[76]. - The company reported a total environmental protection investment of 186 million yuan in the first half of 2023, including upgrades to environmental infrastructure and operational maintenance of pollution control facilities[83]. Financial Management - No cash dividends will be distributed for the current fiscal year, as the company aims to reinvest profits into growth initiatives[3]. - The cash flow from financing activities decreased by 170.59% to approximately -¥653.87 million, primarily due to increased debt repayments[33]. - The company has not raised any funds during the reporting period[48]. - The company has not engaged in any major litigation or arbitration matters during the reporting period[93]. - The company has maintained a stable operational environment with no significant fluctuations in transaction prices compared to market reference prices[98]. Shareholder and Equity Information - The company will not distribute cash dividends or issue bonus shares for the half-year period[58]. - The company initiated a restricted stock incentive plan in 2021 to align the interests of shareholders, the company, and employees[59]. - The total number of shares granted under the incentive plan is 62.281 million, with a grant price of RMB 8.35 per share[62]. - The largest shareholder, Shandong Taiyang Holdings Group Co., Ltd., holds 44.73% of the shares, totaling 1,250,135,782 shares[115]. - The total number of common shareholders at the end of the reporting period is 67,018[115]. Risk Management - Risk factors identified include fluctuations in raw material prices and potential regulatory changes impacting the industry[3]. - The company will continue to monitor raw material prices closely and strengthen communication with suppliers to mitigate the impact of price fluctuations[52]. - The company is exposed to foreign exchange risks due to the need to import raw materials and equipment, which are often settled in foreign currencies[53]. - The company plans to implement measures to manage foreign exchange risks and enhance cash management to maintain financial stability[54]. Corporate Governance - The company has established a comprehensive corporate governance structure, including a sales operation management center, financial center, and technical research and development center[158]. - The financial statements comply with accounting standards and accurately reflect the company's financial position as of June 30, 2023, and the operating results for the first half of 2023[164]. - The company has not reported any changes in the shareholding of directors, supervisors, and senior management during the reporting period[123].

证券代码：002078 证券简称：太阳纸业 公告编号：2023-031 山东太阳纸业股份有限公司 关于子公司山东太阳宏河纸业有限公司 以融资租赁方式进行融资的公告 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。 重要提示 1、交易内容：山东太阳纸业股份有限公司（以下简称"公司"或"太阳纸 业"）全资子公司山东太阳宏河纸业有限公司（以下简称"太阳宏河"）拟通 过建信金融租赁有限公司（以下简称"建信租赁"）开展设备融资业务，融资 金额不超过人民币 5.2 亿元，租赁期限为自起租之日起不超过 48 个月。 2、建信租赁与太阳纸业、太阳宏河无关联关系，以上交易不构成关联交易。 3、本次交易已经公司第八届董事会第十七次会议审议通过，根据《公司章 程》规定，本次交易事项的批准权限在公司董事会审批权限内，无需经股东大会 的批准，且不构成《上市公司重大资产重组管理办法》规定的重大资产重组。 一、融资租赁事项概述 太阳宏河为保证其正常流动资金需求，优化资产负债结构，拟与建信租赁 开展融资租赁业务，融资金额不超过人民币 5.2 亿元，租赁期限为自起租之日 起不超过 48 个月。融 ...