特别提示： 一、会议召开情况 登录新浪财经APP 搜索【信披】查看更多考评等级 证券代码：002078 证券简称：太阳纸业公告编号：2025-037 山东太阳纸业股份有限公司2025年第二次临时股东会决议公告 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。 6、股权登记日：2025年12月22日（星期一） 7、现场会议召开地点：山东省济宁市兖州区友谊路1号太阳纸业办公楼会议室。 8、会议召开的合法、合规性：本次会议的召集、召开符合《中华人民共和国公司法》《深圳证券交易 所股票上市规则》《深圳证券交易所上市公司自律监管指引第1号一一主板上市公司规范运作》等法 律、行政法规、部门规章、规范性文件及《公司章程》的有关规定。 二、会议出席情况 4、会议召开方式：本次股东会采用现场表决与网络投票相结合的方式召开。 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2025年12月26日的交易时间，即9:15一9:25， 9:30一11:30 和13:00一15:00； 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2025年12月26日（现场股东会召开当日）上 午 ...

证券日报网讯 12月26日，太阳纸业在互动平台回答投资者提问时表示，公司的境外采购原材料主要为 木浆、木片及化工原料等，目前主要以美元结算为主。根据公司生产经营、实施新项目、实施技术改造 等的需要，需要进口商品木浆、木片等生产原材料，需要采购与项目相关的进口设备，人民币的升值有 益于降低公司对前述进口大宗物资、生产设备等的采购成本；同时，人民币的升值会对公司的产品出口 带来一定负面影响，但目前公司的产品出口占比较小。 （文章来源：证券日报） ...

北京德恒律师事务所 关于山东太阳纸业股份有限公司 2025 年第二次临时股东会的 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 北京德恒律师事务所 关于山东太阳纸业股份有限公司 2025 年第二次临时股东会的法律意见 北京德恒律师事务所 关于山东太阳纸业股份有限公司 2025 年第二次临时股东会的 法律意见 德恒 01G20250352-03 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 2025 年第二次临时股东会（以 下简称"本次股东会"），对本次股东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 《上市公司股东会规则》《深圳证券交易所上市公司股东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《山东太阳纸业股份有限公司章 ...

一、会议召开情况 证券代码：002078 证券简称：太阳纸业 公告编号：2025-037 山东太阳纸业股份有限公司 2025年第二次临时股东会决议公告 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、本次股东会没有出现否决议案的情形； 2、本次股东会不涉及变更前次股东会决议的情形。 2、会议召集人：公司董事会 3、会议主持人：董事长李娜女士 4、会议召开方式：本次股东会采用现场表决与网络投票相结合的方式召开。 5、会议召开的日期、时间： （1）现场会议时间：2025 年 12 月 26 日（星期五）下午 14:00。 （2）网络投票时间：2025 年 12 月 26 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 2025 年 12 月 26 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 2025 年 12 月 26 日（现场股东会召开当日）上午 9:15，结束时间为 2025 年 12 月 26 日（现 场股东会结束当日）下午 15:0 ...

Group 1 - The core viewpoint of the report from Founder Securities indicates that rising raw material prices and a strong currency are likely to improve profitability in the paper industry, particularly benefiting integrated pulp and paper companies with high self-sourcing ratios [1] - As of December 25, 2025, the Shenwan Paper Industry Index rose by 3.68%, ranking third among Shenwan's secondary industry indices for the day [1] - The appreciation of the Renminbi is expected to benefit pulp and paper companies on the cost side, as the industry relies on approximately 60% imported pulp, leading to optimized procurement costs due to the recent currency strengthening [1] Group 2 - Overseas pulp manufacturers have continued to raise prices, with Brazil's Suzano announcing a price increase of $20 per ton for the Asian market, marking the fourth price hike in 2025 [2] - Chile's Arauco also announced a $20 per ton increase for both softwood and hardwood pulp, providing cost support for domestic paper price increases [2] Group 3 - Domestic paper companies are issuing price increase notices in response to rising raw material costs, with companies like Sun Paper, Asia Pacific Forest Products, APP (China), and Bohui Paper raising prices by 200 yuan per ton starting January 1, 2026 [3]

| 代码 | 名称 | 收盘价 | 涨跌幅 | 成交量(手) | 成交额(元) | | --- | --- | --- | --- | --- | --- | | 603863 | 松物资源 | 21.00 | -0.71% | 10.73万 | 2.24亿 | | 600963 | 岳阳林纸 | 4.59 | -0.22% | 46.97万 | 2.16亿 | | 000488 | ST晨鸣 | 2.23 | 1.36% | 41.95万 | 9313.69万 | | 600567 | 山鹰国际 | 1.77 | 1.72% | 285.08万 | 5.01亿 | | 002521 | 齐峰新材 | 8.61 | 1.77% | 6.95万 | 5980.20万 | | 603165 | 荣晟环保 | 12.93 | 2.46% | 4.38万 | 5645.35万 | | 002078 | 太阳纸业 | 15.94 | 2.71% | 77.18万 | 12.10亿 | | 600235 | 民丰特纸 | 6.99 | 2.95% | 17.72万 | 1.23亿 | | 600433 | 冠蒙高新 | ...

Core Viewpoint - The company, Sun Paper Industry (002078.SZ), indicates that the appreciation of the RMB is beneficial for reducing the procurement costs of imported raw materials and equipment necessary for production and project implementation, although it may negatively impact product exports due to the small proportion of exports [1] Group 1 - The company requires imported wood pulp and wood chips as production raw materials [1] - The company needs to purchase imported equipment related to its projects [1] - The appreciation of the RMB helps lower procurement costs for these imported materials and equipment [1] Group 2 - The appreciation of the RMB may have a negative impact on the company's product exports [1] - The current proportion of product exports is relatively small [1]

Core Viewpoint - The recent appreciation of the Renminbi is expected to have mixed effects on the paper manufacturing industry, particularly for Sun Paper Industry, which anticipates lower costs for imported raw materials and equipment but potential negative impacts on exports due to the currency strength [1]. Group 1: Impact on Costs - The appreciation of the Renminbi will benefit the company by reducing procurement costs for imported raw materials such as wood pulp and wood chips, as well as for related imported equipment [1]. Group 2: Impact on Exports - The stronger Renminbi may negatively affect the company's product exports; however, the current export proportion of the company's products is relatively small [1].

Core Viewpoint - The appreciation of the Renminbi is expected to lower the procurement costs for imported raw materials and equipment for Sun Paper, while having a minor negative impact on its export performance due to the small proportion of exports [1]. Group 1: Impact of Renminbi Appreciation - The appreciation of the Renminbi benefits the company by reducing costs for imported raw materials such as wood pulp and wood chips, as well as for related imported equipment [1]. - The company acknowledges that while the Renminbi's appreciation may negatively affect product exports, the current export proportion is relatively small [1].

Industry Overview - The paper industry is experiencing a simultaneous "shutdown wave" and "price increase wave" from late 2025 to early 2026, with major packaging paper companies like Nine Dragons, Shanying, Lee & Man, and Rongcheng initiating large-scale maintenance and capacity reduction [1] - Major white card and cultural paper manufacturers, including Bohui, APP, and Universal Paper, have collectively announced price increases, highlighting differences in cost structures and supply-demand relationships among various paper types [1] Production and Pricing Dynamics - Nine Dragons Paper is expected to reduce production by approximately 310,000 tons in the first quarter, while Shanying International will halt 12 corrugated paper machines for 5-10 days in January [1] - Lee & Man Paper will conduct maintenance on five paper machines in Guangdong for 15-22 days in February, driven by a decline in waste paper prices, which have dropped by 260-400 RMB/ton since December [1] - Bohui Paper and APP will raise industrial paper prices by 200 RMB/ton starting January 1, 2026, while Universal Paper will increase prices for white and food card paper by the same amount in mid-December, due to high costs of wood pulp and energy [1] Currency Impact - The appreciation of the RMB is seen as an additional benefit for the industry, as it will lower the import costs of pulp, thereby enhancing company profits [1] Market Sentiment and Future Outlook - Datong Securities indicates that the paper industry is benefiting from a "price increase bonus, supply contraction, and policy regulation," which strengthens the supply-demand balance [2] - CICC anticipates a moderate recovery in consumer demand by 2026, with the capacity expansion of boxboard and corrugated paper nearing completion, potentially leading to a recovery in capacity utilization and price levels [2] - CITIC Securities notes that the appreciation of the RMB will decrease import costs for raw materials like pulp, improving gross margins in processing and trading sectors [2] Company Developments - Bohui Paper announced a price increase of 200 RMB/ton for industrial paper starting January 1, 2026, and plans to expand its chemical pulp production capacity from 95,000 tons to 320,000 tons with a total investment of 1.70066 billion RMB [3] - Sun Paper, a leading player in the domestic paper industry, is accelerating the construction of several projects, including a 400,000-ton specialty paper project and a 300,000-ton living paper project, expected to enter trial production in Q3-Q4 of 2025 [3]