Group 1: Financial Performance - The company's revenue and profit have been declining since 2022 due to multiple market competition factors [3][4] - The management's compensation structure includes a base salary and performance-based salary, aimed at incentivizing management to drive sustainable development [3] - The company is actively seeking new business growth points to expand profit margins while maintaining its core business [3][10] Group 2: Business Operations - The composite flow project is currently in the sample testing phase, with no specific timeline for production due to the lengthy verification process [6][7] - The new tobacco business is progressing according to plan, with a focus on both domestic and international markets [3][5] - The company maintains independent operations from its controlling shareholder, ensuring compliance with legal regulations [9] Group 3: Market and Regulatory Environment - Stricter global regulations on e-cigarettes are expected to increase industry barriers, leading to market consolidation [5] - The company is adapting its product structure based on market competition, which has resulted in profit changes exceeding revenue changes [3] Group 4: Future Outlook - The company plans to enhance operational efficiency and reduce costs while focusing on technological innovation to improve product quality [10][11] - There are no current indications that the controlling shareholder's legal issues will affect the company's control structure [10][11]

Group 1 - The PET copper foil sector experienced a significant decline, with Cuprum Copper Foil dropping nearly 10% [1] - Yinglian Co. saw a decrease of nearly 8%, while several other companies, including Zhongyi Technology, Defu Technology, Longyang Electronics, and Jingjia Co., all fell over 5% [1] - Yuanchen Technology and other firms also followed the downward trend [1]

Core Viewpoint - The announcement reveals that the controlling shareholder of Jinjia Co., Ltd. has auctioned 37.27 million shares, accounting for 2.57% of the total share capital, for a total of 156 million yuan, without affecting the company's control or governance structure [1][3]. Group 1: Auction Details - The auction took place on November 17-18, 2025, on JD.com’s judicial auction platform, with a total transaction amount of 156 million yuan [1]. - The auction included 10 lots, with winning bids ranging from 15,430,968 yuan to 15,767,888 yuan [1][2]. - The winning bidders included individuals and Zhejiang Hangmin Keer Textile Co., Ltd. [2]. Group 2: Shareholding Changes - Following the auction, the controlling shareholder's stake will decrease from 31.90% to 29.33%, while the combined stake of the controlling shareholder and its concerted parties will drop from 34.62% to 32.05% [3]. - The company has additional shares (58.4 million) that may also be subject to judicial enforcement, representing 4.02% of the total share capital [3]. Group 3: Company Performance - Jinjia Co., Ltd. has experienced a decline in net profit over three consecutive years, with decreases of 80.64%, 40.03%, and 39.19% from 2022 to 2024 [3]. - For the first three quarters of 2025, the company reported revenue of 1.894 billion yuan, a year-on-year decline of 13.43%, and a net profit of 144 million yuan, down 39.23% year-on-year [3]. - The company's stock price was reported at 4.62 yuan per share, with a total market capitalization of 6.707 billion yuan as of November 18 [4].

证券简称：劲嘉股份 证券代码：002191 公告编号：2025-080 深圳劲嘉集团股份有限公司 关于控股股东部分股份被司法拍卖结果的提示性公告 本公司及董事会全体成员保证公告内容真实、准确和完整，没有虚假记载、 误导性陈述或重大遗漏。 深圳劲嘉集团股份有限公司（以下简称"公司"或"劲嘉股份"）于 2025 年 10 月 17 日在巨潮资讯网上披露了《关于控股股东所持部分股份被司法拍卖的提 示性公告》（公告编号：2025-073），深圳市劲嘉创业投资有限公司（以下简称 "劲嘉创投"或"控股股东"）持有的公司 3,727 万股股份于 2025 年 11 月 17 日上午 10 时至 2025 年 11 月 18 日上午 10 时止（延时除外）在京东网司法拍卖网络平 台（http://sifa.jd.com）上进行司法拍卖。现根据京东网司法拍卖网络平台显示的 拍卖结果公告内容如下： 一、本次司法拍卖进展情况 根据京东网司法拍卖网络平台发布的《成交确认书》，本次拍卖合计成交 37,270,000 股，占公司总股本的 2.57%，拍卖竞价结果详情如下： | 用户名 | 竞买号 | 标的物名称 | 涉及股数 | 拍卖成 ...

Core Viewpoint - The announcement from Jinjia Co., Ltd. indicates that its controlling shareholder, Jinjia Chuangtou, will auction 37.27 million shares, representing 2.57% of the total share capital, with a total transaction value of 156 million yuan [1] Group 1 - The auction is scheduled for November 17-18, and the shares sold will reduce Jinjia Chuangtou's holding from 31.90% to 29.33% [1] - After the transaction, the combined shareholding of Jinjia Chuangtou and its concerted parties will decrease to 32.05%, which will not result in a change of the controlling shareholder or actual controller [1] - The completion of the auction is subject to uncertainties, including the payment of the remaining amount and court rulings [1]

Core Insights - The report highlights the growth in the printing and recording media reproduction industry in China, with the number of enterprises increasing by 138 to a total of 7,097, representing a year-on-year growth of 1.98% as of January to September 2025 [1] Industry Overview - The printing and recording media reproduction industry now accounts for 1.36% of the total industrial enterprises in China [1] - The threshold for scale enterprises has been raised from an annual main business income of 5 million to 20 million yuan since 2011, indicating a shift in industry standards [1] Market Research - The report titled "2026-2032 China Printing Industry Market Special Survey and Investment Prospects Analysis Report" was published by Zhiyan Consulting, a leading industry consulting firm in China [1] - Zhiyan Consulting has been dedicated to industry research for over a decade, providing comprehensive industry research reports, business plans, feasibility studies, and customized services [1]

证券简称：劲嘉股份 证券代码：002191 公告编号：2025-079 特此公告。 深圳劲嘉集团股份有限公司 董事会 关于参加 2025 年度深圳辖区上市公司投资者 网上集体接待日活动的公告 本公司及董事会全体成员保证公告内容真实、准确和完整，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工作，深圳劲嘉集团股份有限公司（以下 简称"公司"）将参加由深圳证监局和中证中小投资者服务中心指导、深圳上市公 司协会与深圳市全景网络有限公司联合举办的"2025 年度深圳辖区上市公司投资 者网上集体接待日活动"，现将有关事项公告如下： 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 （http://rs.p5w.net），或关注微信公众号：全景财经，或下载全景路演 APP，参 与公司本次互动交流活动，活动时间为 2025 年 11 月 20 日（星期四）14:30 至 17:00，其中公司与投资者互动的时间为 15:40-17:00。 届时公司高管将在线就公司治理、发展战略、经营状况等投资者关心的问题， 与投资者进行沟通与交流，欢迎广大投资者积极参与。 深圳劲嘉集团股份有限公司 二〇 ...

Core Viewpoint - Jinjia Co., Ltd. is a leading company in the domestic cigarette label printing and packaging industry, showcasing strong technical and market advantages [1] Group 1: Business Performance - In Q3 2025, Jinjia's revenue reached 1.894 billion yuan, ranking 6th among 21 companies in the industry, with the top company, Yutong Technology, generating 12.601 billion yuan [2] - The revenue breakdown shows that packaging accounted for 71.55% (886 million yuan), new tobacco products for 19.04% (236 million yuan), and other products for 11.23% (139 million yuan) [2] - The net profit for the same period was 139 million yuan, placing the company 5th in the industry, with the leader, Yutong Technology, at 1.161 billion yuan [2] Group 2: Financial Ratios - As of Q3 2025, Jinjia's debt-to-asset ratio was 19.16%, lower than the previous year's 21.90% and below the industry average of 35.30%, indicating good solvency [3] - The gross profit margin for Q3 2025 was 18.87%, down from 25.12% year-on-year and below the industry average of 21.53% [3] Group 3: Shareholder Information - As of September 30, 2025, the number of A-share shareholders decreased by 1.26% to 63,200, while the average number of circulating A-shares held per shareholder increased by 1.28% to 22,800 [5] - Among the top ten circulating shareholders, Hong Kong Central Clearing Limited was the third largest, holding 14.2117 million shares, a decrease of 5.1236 million shares from the previous period [5] Group 4: Executive Compensation - The chairman, Qiao Luyu, received a salary of 1.92 million yuan in 2024, a decrease of 18,000 yuan from 2023 [4] - The general manager, Hou Xudong, earned 2.04 million yuan in 2024, also down by 18,000 yuan from the previous year [4]

Core Insights - Jinjia Co., Ltd. (002191.SZ) released its Q3 2025 financial report, indicating a total of 4 institutional investors holding shares, amounting to 521 million shares, which represents 35.88% of the total share capital [1] Institutional Holdings - The total institutional holding decreased by 0.64 percentage points compared to the previous quarter [1] - The institutional investors include Shenzhen Jinjia Venture Capital Co., Ltd., Xinjiang Century Yuntong Equity Investment Partnership (Limited Partnership), Hong Kong Central Clearing Limited, and Fujian Lexiang Investment Co., Ltd. [1] Public Fund Activity - A total of 24 public funds were disclosed this period, including Hongde Quality Governance Mixed Fund, Shenwan Hongyuan Quantitative Small Cap Stock (LOF) A, Hongde Enjoy One-Year Holding Period Mixed A, Changjiang Huizhi Quantitative Stock Selection Mixed Initiation A, and Southern CSI 2000 ETF [1] Foreign Investment Trends - One foreign fund, Hong Kong Central Clearing Limited, reduced its holdings by 0.35% compared to the previous quarter [1]

Core Viewpoint - The company ensures that the content of the quarterly report is true, accurate, and complete, with no false records, misleading statements, or significant omissions [2][7]. Financial Data - The third-quarter financial report has not been audited [3][6]. - There are no adjustments or restatements of previous years' accounting data [3]. - The company does not have any non-recurring profit and loss items applicable [3]. Shareholder Information - The total number of common shareholders and the situation of the top ten shareholders are documented, but there are no changes due to securities lending [5]. Board Meeting - The seventh board of directors held its ninth meeting on October 28, 2025, with all nine directors present, and the meeting complied with legal and procedural requirements [8]. - The board unanimously approved the third-quarter report with nine votes in favor and no opposition [8][9].