业绩变动原因说明：报告期内，受客户结构调整等因素影响，部分子公司业务量不及预期，导致相关收 入与利润出现较大幅度下滑；同时，部分联营企业受行业环境变化影响，本期经营业绩下滑，结合市场 趋势研判，其未来几年的收入及净利润较原预期有较大降幅。此外，公司贸易业务的部分应收账款出现 逾期。综上，公司预计将计提商誉及长期股权投资减值准备、以及应收账款坏账准备，合计金额约为 4.88亿元至7.91亿元。 格隆汇1月27日丨劲嘉股份（维权）(002191.SZ)公布，预计2025年1月1日至2025年12月31日归属于上市 公司股东的净利润-5.04亿元至-2.52亿元，比上年同期下降450%至800%；扣除非经常性损益后的净利 润-6.26亿元至-3.13亿元，比上年同期下降550%至1000%。 ...

劲嘉股份公告称，2025年度预计归属于上市公司股东的净利润为-50,389.64万元至-25,194.82万元，较上 年同期的7,198.52万元下降450% - 800%；扣非净利润为-62,642.79万元至-31,321.40万元，较上年同期的 6,960.31万元下降550% - 1000%。业绩下滑因部分子公司业务量不及预期、联营企业业绩下滑及贸易业 务部分应收账款逾期，公司预计计提减值准备4.88亿 - 7.91亿元。 ...

每经AI快讯，劲嘉股份1月27日晚间发布业绩预告，预计2025年归属于上市公司股东的净利润亏损约 2.52亿元~5.04亿元，同比由盈转亏。基本每股收益-0.35元~-0.17元。上年同期基本每股收益0.05元。业 绩变动主要原因是，报告期内，受客户结构调整等因素影响，部分子公司业务量不及预期，导致相关收 入与利润出现较大幅度下滑；同时，部分联营企业受行业环境变化影响，本期经营业绩下滑，结合市场 趋势研判，其未来几年的收入及净利润较原预期有较大降幅。 每经头条（nbdtoutiao）——国际金价冲破5000美元！7年涨了280%，什么时候才见顶？专家：关键还 看美元，重点关注国际货币体系、降息和科技革命 （记者 王晓波） 免责声明：本文内容与数据仅供参考，不构成投资建议，使用前请核实。据此操作，风险自担。 每日经济新闻 ...

三、业绩变动原因说明 证券简称：劲嘉股份 证券代码：002191 公告编号：2026-002 深圳劲嘉集团股份有限公司 2025 年度业绩预告 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。 一、本期业绩预计情况 1.业绩预告期间：2025 年 1 月 1 日－2025 年 12 月 31 日 2.预计的业绩：预计净利润为负值 2025 年度预计业绩情况： | 项 目 | | | 本报告期 | | | 上年同期 | | | --- | --- | --- | --- | --- | --- | --- | --- | | 归属于上市公司 股东的净利润 | | 比上年同期下降：450% | | ~ | 800% | 万元 7,198.52 | | | | -50,389.64 | 万元 | ~ -25,194.82 | | 万元 | | | | 扣除非经常性损 益后的净利润 | 比上年同期下降：550% | | | ~ | 1000% | 6,960.31 万元 | | | | -62,642.79 | 万元 | ~ -31,321.40 | | 万元 | | | | ...

根据国家统计局数据可知：2025年12月全国印刷和记录媒介复制业出口货值为51.9亿元，同比下降 5.5%；2025年全国印刷和记录媒介复制业累计出口货值为599.6亿元，累计同比下降3.2%。 2019年-2025年全国印刷和记录媒介复制业出口货值统计图 上市公司：珠海中富（000659），陕西金叶（000812），永新股份（002014），东港股份（002117）， 劲嘉股份（002191），合兴包装（002228），海顺新材（300501），龙利得（300883），上海艾录 （301062），喜悦智行（301198），京华激光（603607），大胜达（603687），方大新材（838163）， 沪江材料（870204），中荣股份（301223） 相关报告：智研咨询发布的《2026-2032年中国印刷业市场专项调查及投资前景分析报告》 数据来源：国家统计局，智研咨询整理 知前沿，问智研。智研咨询是中国一流产业咨询机构，十数年持续深耕产业研究领域，提供深度产业研 究报告、商业计划书、可行性研究报告及定制服务等一站式产业咨询服务。专业的角度、品质化的服 务、敏锐的市场洞察力，专注于提供完善的产业解决方案，为您 ...

（1） 上述司法拍卖的具体情况请关注京东网司法拍卖网络平台（http://sifa.jd.com）上 公示的相关信息。 证券简称：劲嘉股份 证券代码：002191 公告编号：2026-001 一、股东股份被司法拍卖的基本情况 深圳劲嘉集团股份有限公司 | 股 东 | 是否为控股 股东或第一 | 本次被司 法拍卖股 | 占其所 | 占公司 | 是否为 限售股 | 原 | | --- | --- | --- | --- | --- | --- | --- | | 名 | 大股东及其 | 份数量 | 持股份 | 总股本 | 及限售 | 司法拍卖时间 | | 称 | 一致行动人 | （股） | 比例 | 比例 | 类型 | | | 嘉 | | | | | | 10 | | 创 | 是 | 86,000,000 | 20.93% | 5.92% | 否 | 年 月 日 2 27 10 | | | | | | | | 时（延时的除 民法院 | | 投 | | | | | | 外） | | | 合计 | 86,000,000 | 20.93% | 5.92% | / | / / / | | | | | | | | 拍卖人 ...

Group 1 - The core viewpoint of the article highlights the growth in the printing and recording media replication industry in China, with an increase in the number of enterprises in this sector [1] - As of January-November 2025, there are 7,130 enterprises in the printing and recording media replication industry, which is an increase of 117 enterprises compared to the same period last year, representing a year-on-year growth of 1.67% [1] - The printing and recording media replication industry accounts for 1.36% of the total industrial enterprises in China [1] Group 2 - The report referenced is the "2026-2032 China Printing Industry Market Special Survey and Investment Prospect Analysis Report" published by Zhiyan Consulting [1] - Zhiyan Consulting is recognized as a leading industry consulting firm in China, specializing in deep industry research and providing comprehensive consulting services for investment decisions [1]

Market Performance - The packaging and printing sector increased by 2.21% on January 12, with Baixinglong leading the gains [1] - The Shanghai Composite Index closed at 4165.29, up 1.09%, while the Shenzhen Component Index closed at 14366.91, up 1.75% [1] Individual Stock Performance - Baixinglong (code: 920075) closed at 31.72, up 12.01% with a trading volume of 65,000 shares and a transaction value of 198 million yuan [1] - Jiamei Packaging (code: 002969) closed at 16.58, up 10.02% with a trading volume of 43,100 shares and a transaction value of 71.38 million yuan [1] - Jingjia Co. (code: 002191) closed at 4.68, up 8.84% with a trading volume of 1,063,300 shares [1] - Other notable stocks include Hexing Packaging (code: 002228) up 5.47%, Zhuhai Zhongfu (code: 000659) up 5.46%, and Wangzi New Materials (code: 002735) up 4.82% [1] Capital Flow Analysis - The packaging and printing sector experienced a net outflow of 895 million yuan from institutional investors, while retail investors saw a net inflow of 644 million yuan [2] - The sector's overall capital flow indicates a mixed sentiment, with institutional investors withdrawing funds while retail investors increased their positions [2] Detailed Capital Flow for Selected Stocks - Jingjia Co. (code: 002191) had a net inflow of 69.04 million yuan from institutional investors, but a net outflow from retail investors of 57.78 million yuan [3] - Hexing Packaging (code: 002228) saw a net inflow of 39.77 million yuan from institutional investors, with retail investors experiencing a net outflow of 42.49 million yuan [3] - Jiamei Packaging (code: 002969) had a net inflow of 22.63 million yuan from institutional investors, while retail investors faced a net outflow of 14.32 million yuan [3]

Regulatory Developments - Multiple new policies regarding the electronic cigarette industry are in the public consultation stage, aimed at strengthening credit management and promoting legal and standardized governance of the industry [2] - The State Tobacco Monopoly Administration has released a draft for public consultation on credit management for electronic cigarette production and wholesale enterprises, which includes measures for credit collection, dishonesty recognition, credit rating, information disclosure, dishonesty punishment, and credit repair [3][4] - The draft categorizes dishonesty information into three levels based on severity, with different public disclosure periods, and establishes a credit rating system for enterprises ranging from A to D [3] Industry Impact - The recent regulations are seen as crucial for the healthy growth of the electronic cigarette industry, following a framework established in 2021 that aligns electronic cigarette regulation with traditional tobacco products [3] - The notification issued on December 25, 2025, explicitly prohibits new investment projects that increase production capacity, while allowing for capacity increases only under strict conditions [6] - Companies like Jinjia Co. and Yinghe Co. report stable operations in the electronic cigarette sector, with a focus on overseas markets, indicating that the new policies may have limited immediate impact on their business [6] Market Dynamics - There is a noted trend of consolidation within the industry as some leading companies face capacity shortages, which may lead to acquisitions to expand production capabilities [7] - The competitive landscape is intensifying, with some companies experiencing increased sales but declining revenues, prompting concerns about illegal and non-compliant business practices [7] - The government's recent directive to combat illegal tobacco activities emphasizes the need for stricter enforcement and regulation within the industry [7]

深圳劲嘉集团股份有限公司 证券简称：劲嘉股份 证券代码：002191 公告编号：2025-092 关于控股股东部分股份司法拍卖过户完成 暨权益变动触及 1%整数倍的公告 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。 特别风险提示： 1、深圳劲嘉集团股份有限公司（以下简称"公司"或"劲嘉股份"）控股股东 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"）所持有的公 司 1,500 万股股份被深圳市南山区人民法院司法拍卖并于 2025 年 12 月 3 日全部 成交。公司于 2025 年 12 月 26 日通过中国证券登记结算有限责任公司深圳分公 司（以下简称"中登结算公司"）系统查询，获悉上述拍卖股份已于 2025 年 12 月 24 日、2025 年 12 月 25 日完成过户登记手续。 2、本次权益变动完成后，劲嘉创投持有公司股份比例由 29.33%降至 28.30%，劲嘉创投及其一致行动人新疆世纪运通股权投资合伙企业（有限合伙） （以下简称"世纪运通"）合计持有公司股份比例由 32.05%降至 31.02%。本次权 益变动不会导致公司控股股东及实 ...