Core Viewpoint - The announcement from Hexing Packaging indicates a change in shareholding structure due to a reduction in the stake of a major shareholder, Xia Ping, and his concerted parties, resulting in them no longer being classified as a shareholder with over 5% ownership [2]. Summary by Relevant Sections - **Shareholding Changes** - Xia Ping and his concerted parties have reduced their total shareholding to 60,669,277 shares, which constitutes 4.9999996% of the company's total share capital [2]. - After excluding repurchased shares, their stake represents 5.2255% of the adjusted total share capital [2]. - **Regulatory Compliance** - The changes in shareholding were reported in a simplified equity change report, indicating compliance with regulatory requirements regarding significant shareholding changes [2]. - **Impact on Company Status** - With the reduction in shareholding, Xia Ping and his concerted parties are no longer classified as shareholders holding more than 5% of the company, which may affect their influence on corporate governance and decision-making [2].

Group 1 - The core viewpoint of the article highlights that Hexing Packaging (SZ 002228) has engaged in investor research, indicating active communication with stakeholders [1] - For the first half of 2025, Hexing Packaging reported that its revenue composition is entirely from the packaging manufacturing industry, with a 100.0% share [1] - As of the report date, Hexing Packaging has a market capitalization of 4.9 billion yuan [1]

Group 1: Product and Market Strategy - The company aims to improve product gross margin by optimizing product structure and increasing the sales proportion of high-margin products [2] - Downstream customer composition includes: Home appliances (22%), Beer (15%), Dairy (14%), Food (11%), Daily chemicals (4%), E-commerce logistics (4%), Others (30%) [3] - The company focuses on Southeast Asia for overseas business, with capacity expansion planned in Thailand, Vietnam, and Indonesia [3] Group 2: Competitive Advantages and Innovations - The company leverages clear capacity demands from clients to avoid blind expansion, providing group services that meet global collaboration needs [4] - Domestic smart factory operational experience can be replicated quickly, enhancing efficiency and cost control compared to local competitors [4] - The company is committed to sustainable development by innovating eco-friendly materials and accelerating smart manufacturing processes [8] Group 3: Financial Performance and Shareholder Returns - The company has a strong focus on shareholder returns, with future dividend plans considering operational performance, financial status, and capital expenditure needs [5][6] - The impact of rising raw material prices is managed through timely adjustments in procurement and production strategies to mitigate cost fluctuations [7] Group 4: Future Goals and Industry Trends - The company aims to align with industry trends towards green, intelligent, and intensive development, while expanding overseas markets and enhancing internal operations [8][10] - Future goals include stabilizing domestic operations and achieving rapid growth in overseas business, guided by market demand and strategic planning [10]

Core Viewpoint - Hexion Packaging (002228.SZ) reported a change in shareholding structure due to a passive change in shareholding ratio and share reduction actions by major shareholder Xia Ping and his concerted parties, resulting in a decrease in their stake below 5% [1] Summary by Categories Shareholding Changes - Xia Ping and his concerted parties' total shareholding has changed to 60.6693 million shares, representing 4.9999996% of the company's total share capital [1] - After excluding repurchased shares, their stake accounts for 5.2255% of the total share capital [1] - This change means that Xia Ping and his concerted parties are no longer classified as shareholders holding more than 5% of the company [1]

厦门合兴包装印刷股份有限公司 简式权益变动报告书 上市公司：厦门合兴包装印刷股份有限公司 信息披露义务人：夏平 住所/通讯地址：上海市徐汇区肇嘉浜路**** 信息披露义务人：王静 住所/通讯地址：湖北省竹山县城关镇大街**** 信息披露义务人：夏光淳 住所/通讯地址：上海市宝山区通河二村**** 上市地点：深圳证券交易所 股票简称：合兴包装 股票代码：002228 信息披露义务人：夏光 住所/通讯地址：上海市徐汇区零陵路**** 信息披露义务人：夏明 住所/通讯地址：上海市徐汇区零陵路**** 信息披露义务人：夏菁 住所/通讯地址：上海市黄浦区瑞金南路**** 信息披露义务人：徐勇 住所/通讯地址：上海市黄浦区巡道街**** 1 信息披露义务人：孙长根 住所/通讯地址：上海市浦东新区北艾路**** 信息披露义务人：沈素芳 住所/通讯地址：江苏省通州市三余镇大乐村**** 信息披露义务人：李月美 住所/通讯地址：浙江省嘉兴市南湖区文昌里**** 信息披露义务人：丁泉 住所/通讯地址：江苏省启东市汇龙镇人民中路**** 信息披露义务人：王荣华 住所/通讯地址：湖北省竹山县得胜镇八道村**** 信息披露义务人：曹杨 ...

证券代码：002228 证券简称：合兴包装 公告编号：2025-121 号 厦门合兴包装印刷股份有限公司 关于持股 5%以上股东持股比例降至 5%以下 暨权益变动的提示性公告 股东夏平先生及其一致行动人保证向公司提供的信息内容真实、准确、完整， 没有虚假记载、误导性陈述或重大遗漏。 本公司及董事会全体成员保证公告内容与信息披露义务人提供的信息一致。 特别提示： 1、本次权益变动系厦门合兴包装印刷股份有限公司（以下简称"公司"）股 东夏平先生及其一致行动人因减持公司股份、公司注销部分回购股份和公司可转 债转股等原因导致持股比例下降，不触及要约收购。 2、本次权益变动不涉及公司控股股东、实际控制人，不会导致公司控股股东、 实际控制人发生变化。 3、本次权益变动后，股东夏平先生及其一致行动人合计持有公司股份 60,669,277 股，占公司总股本的 4.9999996%，占剔除回购股份后总股本的 5.2255%， 不再是公司持股 5%以上的股东。 | | 1、公司可转债 | | | | | | | | --- | --- | --- | --- | --- | --- | --- | --- | | | 转股导致持 ...

Core Insights - The packaging and printing sector experienced a slight increase of 0.04% on November 20, with Xin Hongze leading the gains [1] - The Shanghai Composite Index closed at 3931.05, down 0.4%, while the Shenzhen Component Index closed at 12980.82, down 0.76% [1] Stock Performance - Xin Hongze (002836) closed at 16.08, up 9.99% with a trading volume of 219,600 shares and a transaction value of 333 million yuan [1] - Yingxing Co. (002752) closed at 6.55, up 5.31% with a trading volume of 768,900 shares and a transaction value of 515 million yuan [1] - Xianggang Technology (665509) closed at 20.03, up 3.03% with a trading volume of 164,800 shares and a transaction value of 327 million yuan [1] - Other notable stocks include Yongxin Co. (002014) with a 1.24% increase and Donggang Co. (002117) with a 0.90% increase [1] Capital Flow - The packaging and printing sector saw a net outflow of 221 million yuan from institutional investors, while retail investors contributed a net inflow of 261 million yuan [2] - The overall capital flow indicates a mixed sentiment, with institutional investors withdrawing funds while retail investors increased their positions [2] Individual Stock Capital Flow - Yingxing Co. (002752) had a net inflow of 10.8 million yuan from institutional investors, but saw a net outflow of 31.3 million yuan from speculative funds [3] - Xin Hongze (002836) experienced a net inflow of 16.1 million yuan from institutional investors, with a minor net inflow from speculative funds [3] - Other stocks like Aorijin (002701) and Jiahe Technology (920392) also showed varied capital flows, reflecting differing investor sentiments [3]

Group 1 - The core point of the news is that Hexing Packaging's stock price increased by 9.95%, reaching 4.20 CNY per share, with a trading volume of 65.70 million CNY and a turnover rate of 1.38%, resulting in a total market capitalization of 5.096 billion CNY [1] - Hexing Packaging, established on May 17, 1993, and listed on May 8, 2008, is located in Xiamen, Fujian Province, and specializes in the research, design, production, sales, and service of mid-to-high-end corrugated cartons [1] - The main revenue composition of Hexing Packaging includes corrugated packaging at 88.38%, color box packaging at 4.50%, other products at 3.24%, industrial paper at 2.80%, and cushioning packaging at 1.08% [1] Group 2 - Among the top ten circulating shareholders of Hexing Packaging, a fund under China Merchants Fund, specifically the China Merchants Quantitative Select Stock Initiation A (001917), entered the top ten in the third quarter, holding 7.0759 million shares, which accounts for 0.59% of the circulating shares [2] - The estimated floating profit for the fund today is approximately 2.6888 million CNY [2] - The China Merchants Quantitative Select Stock Initiation A fund was established on March 15, 2016, with a current scale of 3.663 billion CNY, achieving a year-to-date return of 36.7% and a one-year return of 41.29% [2]

Group 1 - The company, Hexing Packaging, stated that its waste paper rate and energy consumption in corrugated cardboard production are at industry-leading levels [1] - The company strictly adheres to national and industry standards for green production and resource recycling [1] - The company is continuously promoting energy conservation, carbon reduction, and process optimization [1]

证券代码：002228 证券简称：合兴包装 公告编号：2025-120 号 厦门合兴包装印刷股份有限公司 关于控股股东部分股份解除质押的公告 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。 厦门合兴包装印刷股份有限公司（以下简称"公司"或"本公司"）于近日 收到本公司控股股东新疆兴汇聚股权投资管理有限合伙企业（以下简称"新疆兴 汇聚"）关于将其持有的本公司部分股份办理了解除质押的通知，具体事项如下： 一、股东股份解除质押的基本情况 | | 是否为控股股东 | 本次解除质押 | 占其所持 | 占公司总 | | | | | --- | --- | --- | --- | --- | --- | --- | --- | | 股东名称 | 或第一大股东及 | 股份数量 | 股份比例 | 股本比例 | 起始日 | 解除日期 | 质权人 | | | 其一致行动人 | （股） | （%） | （%） | | | | | 新疆兴汇聚股 权投资管理有 | 是 | 12,080,000 | 3.04 | 1.00 | 2025-6-11 | 2025-11-14 | 国泰海通证券 ...