证券代码：002078 证券简称：太阳纸业 公告编号：2023-028 山东太阳纸业股份有限公司 关于限制性股票激励计划（2021—2023）第二个解锁期解锁的 限制性股票上市流通的提示性公告 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： 1、山东太阳纸业股份有限公司（以下简称"公司"或"太阳纸业"）限制 性股票激励计划（2021-2023）第二个解除限售期符合解锁条件的激励对象为 1,160 人，本次解锁的限制性股票数量为 2,476.84 万股，占公司 2023 年第二季 度末总股本 2,794,684,119 股的 0.8863%。 2、本次解锁的限制性股票的上市流通日为 2023 年 8 月 10 日。 3、本次实施的限制性股票激励计划与已披露的限制性股票激励计划不存在 差异。 一、公司限制性股票激励计划情况及相关审批程序 1、公司于 2021 年 3 月 25 日召开了第七届董事会第十八次会议、第七届监 事会第十七次会议，审议通过了《关于公司<限制性股票激励计划（2021-2023） （草案）>及其摘要的议案》、《关于公司<限制性股票激 ...

Financial Performance - The company's operating revenue for Q1 2023 was ¥9,805,029,129.75, representing a 1.42% increase compared to ¥9,667,374,677.84 in the same period last year[3] - Net profit attributable to shareholders decreased by 16.21% to ¥565,598,946.62 from ¥674,993,236.44 year-on-year[3] - The net profit attributable to shareholders after deducting non-recurring gains and losses was ¥553,002,283.99, down 15.98% from ¥658,177,017.56 in the previous year[3] - Basic and diluted earnings per share decreased by 20.00% to ¥0.20 from ¥0.25 year-on-year[3] - The net profit for Q1 2023 is approximately ¥568.53 million, a decrease of 16% compared to ¥675.97 million in Q1 2022[24] - The total comprehensive income attributable to the parent company for Q1 2023 is approximately ¥432.43 million, down from ¥638.21 million in the same period last year[25] - The operating profit for Q1 2023 is approximately ¥573.98 million, compared to ¥724.27 million in Q1 2022, reflecting a decline of about 21%[24] Cash Flow and Liquidity - The net cash flow from operating activities increased significantly by 56.86% to ¥1,623,284,187.94 from ¥1,034,839,918.43 in the same period last year[3] - Cash flow from operating activities for Q1 2023 is approximately ¥1.62 billion, an increase from ¥1.03 billion in Q1 2022[26] - Cash and cash equivalents decreased by 27.43% to ¥1,045,139,848.41 at the end of the period[13] - The net cash flow from financing activities decreased by 125.57% to -¥349,507,458.99, reflecting higher debt repayments compared to cash inflows[13] - The net cash flow from financing activities for Q1 2023 is approximately -¥349.51 million, a significant decrease from a positive cash flow of ¥1.37 billion in Q1 2022[27] Assets and Liabilities - Total assets at the end of Q1 2023 were ¥49,094,315,085.24, a 2.24% increase from ¥48,013,962,336.41 at the end of the previous year[3] - The total assets at the end of the reporting period amount to RMB 12,886,614,746.52, compared to RMB 12,587,934,965.31 at the beginning of the year[20] - Total liabilities increased to ¥25,463,012,517.45 from ¥24,847,203,760.41, reflecting a growth of approximately 2.47%[22] - Non-current liabilities decreased to ¥6,967,825,146.04 from ¥7,399,216,591.91, a reduction of approximately 5.83%[22] - Short-term borrowings rose to ¥9,853,484,250.47 from ¥8,169,384,733.64, an increase of approximately 20.56%[22] Shareholder Information - The total number of common shareholders at the end of the reporting period is 60,145, with the largest shareholder, Shandong Sun Holding Group Co., Ltd., holding 44.73% of shares, totaling 1,250,135,782 shares[14] - The top ten shareholders collectively hold a significant portion of shares, with the second-largest shareholder, Ningbo Bank Co., Ltd., holding 2.32%[14] - The company has no related party relationships with other shareholders, ensuring independent decision-making[16] Operational Highlights - The company recognized non-operating income of ¥9,904,645.03 from government subsidies closely related to its normal business operations[8] - The company reported a loss from the disposal of non-current assets amounting to ¥881,839.23[8] - The company is progressing with the Nanning project, which has a total investment of up to RMB 9 billion, with the first phase expected to enter trial production in Q3 2023[17] - The Laos project for producing 150,000 tons of unbleached chemical mechanical pulp is expected to be ready for trial production within 2023[19] - The company has a strong focus on expanding its production capacity through strategic projects, enhancing its market position in the industry[17] Expenses and Costs - Total operating costs for Q1 2023 were ¥9,229,522,826.73, up from ¥8,948,414,662.17, indicating an increase of about 3.06%[23] - Research and development expenses rose to ¥215,427,576.91 from ¥184,938,373.47, reflecting an increase of approximately 16.48%[23] - The company's tax and additional charges amounted to ¥53,327,951.26, compared to ¥35,674,958.78 in the previous year, representing an increase of about 49.49%[23] - Financial expenses rose by 54.18% to ¥198,861,258.41, mainly due to increased interest payments on loans[10] Income and Investment - Investment income decreased by 58.65% to ¥1,942,791.09, attributed to reduced investment returns from forward foreign exchange settlements[10] - The company reported a 67.68% decrease in non-operating income to ¥5,294,857.74, mainly due to a reduction in government subsidies received[10] - The company reported a net investment income of ¥1,942,791.09, down from ¥4,698,817.36, indicating a decline of about 58.76%[23]

Production Capacity and Development - In 2022, the company achieved an annual pulp and paper production capacity exceeding 10 million tons, reflecting a significant increase in overall competitiveness [2]. - The company has established three major bases in Shandong, Guangxi, and Laos to ensure sustainable high-quality development [10]. - The company has fully operational projects in Beihai, Guangxi, enhancing its industry influence and development momentum [2]. - The company has established a production capacity of 1.5 million tons of pulp and paper annually at its Laos base, focusing on sustainable development and resource utilization [32]. - The company has successfully completed the construction and trial production of projects in the Beihai park of Guangxi base, achieving stable production [36]. - The company has significantly increased its self-produced pulp capacity, achieving a supply balance for wood pulp, which enhances cost control capabilities [90]. - The company aims to leverage the synergistic effects of its three major bases to accelerate high-end, intelligent, and green development [4]. - The company’s total production capacity of over 10 million tons for paper and pulp marks a new stage of coordinated development across its three bases in Shandong, Guangxi, and Laos [25]. Financial Performance - The company reported a significant focus on integrated forestry, pulp, and paper production, promoting a cycle of "using paper to support forests and using forests to promote paper" [10]. - The company's operating revenue for 2022 was CNY 39,766,925,700, an increase of 24.5% compared to CNY 31,996,643,200 in 2021 [16]. - Net profit attributable to shareholders for 2022 was CNY 2,808,765,140, representing a decrease of 4.12% from CNY 2,956,835,640 in 2021 [16]. - Basic earnings per share for 2022 were CNY 1.04, down 6.31% from CNY 1.12 in 2021 [16]. - Total assets at the end of 2022 were CNY 48,013,962,336, an increase of 12.43% from CNY 42,737,472,318 in 2021 [16]. - The company reported a government subsidy of CNY 57,621,067 in 2022, down from CNY 84,667,092 in 2021 [21]. - The company’s total revenue for 2022 reached ¥39,252,756,219.05, representing a year-on-year increase of 22.88% [42]. - The total operating revenue for 2022 reached CNY 39.77 billion, representing a 23.66% increase compared to CNY 32.16 billion in 2021 [41]. Strategic Initiatives and Innovation - The company is committed to ESG principles, focusing on economic, environmental, social, and governance benefits, while accelerating its green and low-carbon transformation [3]. - The company is advancing its "Four Three Three" medium- and long-term development strategy, which has been in effect for ten years, to foster high-quality growth [2]. - The company is focusing on clean production and green low-carbon development in line with national "dual carbon" goals, optimizing its industrial structure [23]. - The company is committed to developing new products and technologies in the biomass new materials sector, leveraging its existing resources [10]. - The company is focusing on the development of high-purity cellulose products to meet high-end application demands, with ongoing projects aimed at optimizing production processes [54]. - The company has filed three invention patents related to new material extraction methods and intelligent waterproof paper technology [54]. - The company is currently implementing the development of medical washable paper, which utilizes plant fiber characteristics for enhanced softness and water absorption [55]. Environmental Sustainability - The company emphasizes environmental sustainability in its operations, focusing on reducing chemical oxygen demand (COD) and biochemical oxygen demand (BOD) in its production processes [10]. - The company is committed to environmental protection, quality, and safety as its core operational principles, ensuring sustainable development [31]. - The company has adopted energy-saving and carbon reduction measures, including technology innovation and energy management system construction, to enhance energy efficiency [174]. - The company’s energy consumption indicators are significantly better than national and provincial standards, with successful implementation of energy-saving technologies like magnetic levitation fans [175]. - The company has established an online monitoring system for wastewater and air emissions, ensuring transparency and compliance with environmental regulations [171]. - The company achieved solid waste resource utilization, with production waste such as paper sludge and wood chips being processed under the principles of "harmless, reduction, and resource utilization" [171]. Talent Development and Management - The company has implemented a talent strategy to cultivate and utilize young talent, enhancing the overall quality of mid-to-senior management [3]. - The company has developed a new talent development system focusing on "introduction, training, and incentives" to support high-quality growth [30]. - The company’s new talent development system focuses on attracting and nurturing young talent, enhancing internal motivation for growth [39]. - The company has established a comprehensive training and development system to enhance employee skills and capabilities, including a three-year training plan for new graduates [143]. - The company emphasizes a competitive salary structure, ensuring fairness internally and competitiveness externally, with timely salary adjustments based on market conditions [140]. Shareholder Returns and Dividends - The company plans to distribute a cash dividend of 2 RMB per 10 shares to all shareholders, based on a total of 2,794,684,119 shares [6]. - The company has initiated a restricted stock incentive plan (2021-2023) with a total of 62,281,000 shares granted to 1,185 participants, aimed at aligning the interests of shareholders and employees [149]. - The cash dividend distribution accounted for 100% of the total profit distribution amount, with the company's distributable profit amounting to 8,998,444,401.43 CNY [147]. - The company commits to distributing at least 10% of the distributable profits in cash for the years 2021, 2022, and 2023, based on the conditions of cash dividends as per the Company Law and its articles of association [182]. Risk Management and Compliance - The company has established a comprehensive governance structure in compliance with relevant laws and regulations, ensuring effective operation and protection of shareholder rights [95]. - The company has implemented risk control measures for derivative investments, including regular audits and compliance with internal management systems [71]. - The company has not engaged in speculative derivative investments during the reporting period [72]. - The company has established an environmental risk emergency response system, ensuring compliance with environmental standards and regulations [172]. - The company has not faced any administrative penalties related to environmental issues during the reporting period [176]. Market and Sales Performance - The company’s domestic sales accounted for 97.88% of total revenue, amounting to CNY 38.92 billion, with a year-on-year growth of 22.88% [41]. - The revenue from pulp and paper products accounted for 93.69% of total revenue, amounting to CNY 37.26 billion, which is a 22.00% increase from CNY 30.54 billion in the previous year [41]. - The company aims for a GDP growth of around 5% in 2023, indicating a gradual economic recovery that may benefit the paper industry [23]. - The company is focusing on the development of differentiated new products, such as toilet seat paper and water transfer paper, to expand its product offerings and market share [55]. Corporate Governance - The board of directors consists of seven members, including three independent directors, ensuring compliance with legal requirements and promoting sound decision-making [98]. - The company has a performance evaluation and incentive mechanism in place for employees and management, promoting transparency and accountability [101]. - The company emphasizes strict compliance with information disclosure regulations, ensuring fair and timely access to information for all shareholders [103]. - The company maintains complete operational independence from its controlling shareholder, with established systems for procurement and sales [107].

证券代码：002078 证券简称：太阳纸业 公告编号：2023-014 山东太阳纸业股份有限公司 关于举行2022年度业绩说明会的公告 业绩说明会通过网络互动、文字问答方式召开，公司将针对2022年年度业绩 和经营情况与投资者进行交流。 二、业绩说明会召开的时间、地点 （一）会议召开时间：2023年4月28日（星期五）15:00-17:00 三、参会人员 公司董事长李洪信先生、独立董事李耀先生、财务总监王宗良先生、董事会 秘书庞福成先生。 四、投资者参加方式 （一）投资者可于2023年4月28日15:00-17:00登陆全景网"投资者关系互动 平台"（http://ir.p5w.net）参与业绩说明会，公司将通过该平台及时回答投资者 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： 山东太阳纸业股份有限公司（以下简称"公司"）于 2023年4月22日在巨潮 资讯网（http://www.cninfo.com.cn）披露2022年年度报告，为了便于广大投资者 更全面深入地了解本公司 2022年年度业绩和经营情况，公司拟于2023年 4月 28日 1 ...

Group 1: Company Performance - The company maintained stable operational growth in 2016, with significant increases in revenue compared to the same period last year [2] - The production and sales of the company's main paper and pulp lines are performing well, with high operating rates and low inventory levels [3] - Recent projects include a 350,000-ton natural cellulose project, a 300,000-ton lightweight paper expansion project, and a 500,000-ton corrugated box paper project, which are expected to support performance improvement in 2016 [3] Group 2: Price Adjustments - On June 16, 2016, the company announced a price increase of 100 RMB per ton for its ordinary coated paper products, effective from July 1, 2016 [3] Group 3: Project Developments - The 500,000-ton low-weight high-grade corrugated box paper project is in the final testing phase and is expected to start trial production in July 2016 [4] - The company is investing in a 700,000-ton biorefinery project in Arkansas, USA, with a total investment of approximately 1-1.3 billion USD [7] Group 4: Environmental Initiatives - Over 4 billion RMB has been invested in environmental protection, achieving a 90% reduction in major pollutants while increasing production nearly tenfold [6] - The company has implemented advanced water treatment systems, reducing water consumption per ton of paper from over 20 cubic meters to 3-5 cubic meters, with a water reuse rate exceeding 90% [8] - Air pollution control measures have resulted in a reduction of over 70% in total emissions, meeting national and provincial standards [9] Group 5: Financial Considerations - The three subsidiaries under the controlling shareholder have achieved profitability in early 2016, with a combined production capacity of 1.4 million tons of high-end white cardboard [5] - The company is considering the potential acquisition of the white cardboard business from its controlling shareholder, balancing risks and benefits to protect shareholder interests [5]