Financial Performance - The company's revenue for Q1 2025 was CNY 2,067,748,669.08, representing a 12.06% increase compared to CNY 1,845,195,779.79 in the same period last year[5] - Net profit attributable to shareholders decreased by 30.05% to CNY 66,764,936.43 from CNY 95,450,061.57 year-on-year[5] - The net profit for the current period is ¥67,383,320.09, a decrease of 29.31% from ¥95,189,802.88 in the previous period[20] - The operating profit for the current period is ¥88,529,835.95, down 18.31% from ¥108,298,791.54 in the previous period[20] - The company's weighted average return on equity was 1.23%, down from 1.73% in the previous year[5] - The net profit after deducting non-recurring gains and losses was CNY 68,300,939.75, a decrease of 22.71% from CNY 88,364,114.30 year-on-year[5] Cash Flow - The net cash flow from operating activities improved significantly, reaching CNY 29,721,606.47, a 120.55% increase from a negative CNY 144,649,933.43 in the previous year[5] - The cash flow from operating activities for the current period is ¥29,721,606.47, compared to a negative cash flow of ¥144,649,933.43 in the previous period[21] - The cash flow from investing activities shows a net outflow of ¥470,366,008.37, an improvement from a net outflow of ¥618,629,811.46 in the previous period[22] - The cash flow from financing activities for the current period is a net inflow of ¥314,179,982.34, down from a net inflow of ¥618,700,675.83 in the previous period[22] Assets and Liabilities - Total assets at the end of the reporting period were CNY 9,246,233,637.29, a decrease of 0.96% from CNY 9,335,826,382.81 at the end of the previous year[5] - Current assets totaled CNY 5,461,193,190.27, slightly down from CNY 5,485,291,118.16[16] - The company's cash and cash equivalents decreased to CNY 1,426,402,080.39 from CNY 1,580,864,155.03[16] - Total liabilities were reported at CNY 3,749,991,085.97, down from CNY 3,912,790,028.64[17] - The total non-current assets were CNY 3,785,040,447.02, down from CNY 3,850,535,264.65[17] - The total cash and cash equivalents at the end of the period is ¥1,357,130,297.27, a decrease from ¥1,931,732,609.51 at the end of the previous period[22] Shareholder Information - The number of ordinary shareholders at the end of the reporting period was 93,730, with the largest shareholder holding 29.18% of the shares[13] - The company reported a net profit of CNY 3,692,376,075.13 in retained earnings, up from CNY 3,625,611,138.70[18] - The company's equity attributable to shareholders increased to CNY 5,484,148,171.22 from CNY 5,413,570,357.73[18] Expenses - Research and development expenses decreased by 44.35% to CNY 36,174,145.63 compared to the same period last year[9] - The company reported a decrease in research and development expenses to ¥36,209,051.35 from ¥65,068,196.98 in the previous period, reflecting a reduction of 44.49%[19] - Financial expenses surged by 450.52% to CNY 11,188,251.11, primarily due to increased interest expenses and foreign exchange losses[9] Investment Income - The company reported a significant decrease in investment income, down 316.12% to CNY 1,314,982.02, attributed to reduced returns from financial products[9]

Financial Performance - The company's operating revenue for 2024 was ¥8,150,579,490.62, a decrease of 16.84% compared to ¥9,800,950,747.92 in 2023[22]. - The net profit attributable to shareholders for 2024 was ¥77,181,582.84, down 76.80% from ¥332,744,393.35 in 2023[22]. - The net cash flow from operating activities for 2024 was -¥349,311,812.21, a decline of 128.13% compared to ¥1,241,989,817.29 in 2023[22]. - The basic earnings per share for 2024 was ¥0.06, a decrease of 76.92% from ¥0.26 in 2023[22]. - Total assets at the end of 2024 were ¥9,335,826,382.81, down 2.33% from ¥9,558,230,628.56 at the end of 2023[23]. - The net assets attributable to shareholders at the end of 2024 were ¥5,413,570,357.73, a decrease of 1.07% from ¥5,472,277,969.92 at the end of 2023[23]. - The company's total operating costs for 2024 amounted to approximately ¥5.47 billion, a decrease of 14.81% compared to ¥6.42 billion in 2023[73]. - The company reported a positive net profit available for distribution to shareholders of ¥1,173,812,762.21, but has proposed no cash dividends for 2024[169]. Business Strategy and Operations - The company’s main business scope has expanded to include a variety of products such as personal hygiene products and medical supplies, reflecting a diversification strategy[21]. - The company is focusing on enhancing its competitiveness in the face of rising raw material prices and increasing market competition[32]. - The company aims to become a companion for the beautiful life of the nation by deeply focusing on user needs and enhancing its brand and product offerings[38]. - The company is a leading player in the domestic consumer paper industry, with a focus on brand development and user-centered strategies[39]. - The company has eight core brands, including Jie Rou and Duo Lei Mi, covering various product categories such as personal care and household cleaning[40]. - The company has established eight modern green production bases across China, enhancing service efficiency and reducing logistics costs[54]. - The company has expanded its marketing network to include six diverse channels, significantly enhancing its competitive edge[53]. - The company is actively expanding into international markets, including Southeast Asia and North America, to increase its global footprint[49]. Research and Development - The company emphasizes a "user first, market-oriented" R&D approach, creating a three-tiered innovation system to meet market demands[48]. - Research and development expenses for 2024 were approximately ¥233.62 million, a decrease of 12.69% from ¥267.57 million in 2023, while the R&D expenditure as a percentage of operating revenue increased to 2.87%[80]. - The number of R&D personnel increased by 9.26% to 484, with a notable rise in the number of employees under 30 years old[80]. - The company is focusing on high-margin product categories, such as non-traditional dry towels and personal care products, to enhance profitability[51]. Environmental Responsibility - The company is committed to environmental sustainability, ensuring that wastewater and air emissions meet standards that exceed national requirements[59]. - The company strictly adhered to environmental protection laws and regulations during the reporting period, ensuring compliance with various national standards[183]. - The company has implemented strict measures to ensure that all pollutants are treated and discharged in accordance with legal requirements[183]. - The company invested 24.8491 million yuan in environmental governance and protection during the reporting period, and paid environmental protection taxes of 291,900 yuan[195]. - The company has a water reuse system in place, allowing for the recycling of treated water for production, thereby reducing overall wastewater discharge[188]. Corporate Governance - The company maintains transparent investor relations management, ensuring timely and accurate information disclosure[126]. - The company adheres to strict governance practices, ensuring independence from controlling shareholders[121]. - The company has established a performance evaluation mechanism for senior management to promote sustainable growth[125]. - The company has implemented a stock incentive plan to align employee interests with corporate development goals[125]. - The board of directors consists of 9 members, including 3 independent directors, ensuring compliance with legal requirements[122]. Market Trends and Challenges - The industry is undergoing a phase of accelerated consolidation, with outdated production capacities being eliminated due to stricter environmental regulations[33]. - The company is facing risks from regional market competition, with a focus on maintaining its position as a leading national brand in the mid-to-high-end paper products segment[111]. - The company is actively managing its executive team to align with strategic goals, as shown by the recent changes in senior management[139]. Employee Development - The company plans to enhance its talent pool through a "Management Trainee Program," focusing on high-potential talent and providing a three-stage training model[165]. - The company has established a three-tier training education system to enhance employee skills and management capabilities[164]. - The total number of employees at the end of the reporting period is 6,111, with 419 in the parent company and 5,692 in major subsidiaries[161]. Financial Management - The company has maintained effective internal control over financial reporting, with no significant deficiencies identified as of the internal control evaluation report date[176]. - The company’s internal control system has been strengthened, ensuring compliance and enhancing risk management to support sustainable development[176]. - The company’s internal audit function has been enhanced to improve the depth and breadth of internal control supervision[176].

证券代码：002511 证券简称：中顺洁柔 公告编号：2025-09 中顺洁柔纸业股份有限公司 关于首次回购公司股份的公告 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。 公司首次回购股份的时间、回购股份数量、回购股份价格及集中竞价交易的 委托时间段符合《上市公司股份回购规则》《深圳证券交易所上市公司自律监管 指引第 9 号——回购股份》的相关规定。具体如下： 中顺洁柔纸业股份有限公司（以下简称"公司"）第六届董事会第八次会议 审议通过了《关于公司回购股份方案的议案》，公司拟使用自有资金以集中竞价 交易方式回购公司部分已发行的人民币普通股（A 股）股票，回购股份将用于后 期实施员工持股计划或股权激励计划的股份来源。本次回购资金总额不低于人民 币 3,000 万元（含），不超过人民币 6,000 万元（含），回购价格不超过人民币 9.77 元/股（含）。按照回购资金总额的上下限及回购价格上限 9.77 元/股（含） 计算，预计回购股份数量约为 3,070,625 股至 6,141,248 股，具体回购股份数量以 回购实施完毕或回购期限届满时实际回购的股份数量为准 ...

Core Viewpoint - Zhongshun Jierou Paper Co., Ltd. plans to repurchase its A-shares using its own funds, with the aim of implementing an employee stock ownership plan or equity incentive plan in the future [2][7]. Group 1: Repurchase Plan Details - The total amount for the repurchase will be no less than RMB 30 million and no more than RMB 60 million, with a maximum repurchase price of RMB 9.77 per share [2][10]. - The estimated number of shares to be repurchased is approximately 3,070,625 to 6,141,248 shares, accounting for about 0.24% to 0.48% of the company's total share capital [2][10]. - The implementation period for the repurchase is from April 2, 2025, to April 1, 2026 [2][13]. Group 2: Approval and Compliance - The repurchase plan has been approved by the company's sixth board of directors at its eighth meeting [3]. - The company has opened a dedicated securities account for the repurchase at the Shenzhen branch of China Securities Depository and Clearing Corporation Limited [4][23]. - The repurchase complies with relevant regulations, including having been listed for more than six months and having no major legal violations in the past year [7][9]. Group 3: Funding and Financial Impact - The funds for the repurchase will come entirely from the company's own resources [12]. - As of September 30, 2024, the company's total assets were RMB 9.558 billion, with net assets attributable to shareholders of RMB 5.414 billion, indicating sufficient cash flow to support the repurchase [16]. Group 4: Shareholder and Management Plans - As of the announcement date, there are no clear plans for share reductions by directors, supervisors, senior management, or major shareholders during the repurchase period [5][17]. - The management believes that the repurchase will not adversely affect the company's operational activities, financial status, or future development [16][17].

证券代码：002511 证券简称：中顺洁柔 公告编号：2025-08 中顺洁柔纸业股份有限公司 关于回购股份事项前十名股东和前十名无限售条件股东 序号 股东名称 持股数量（股） 占总股本 比例（%） 1 广东中顺纸业集团有限公司 377,195,570 29.18 2 中顺公司 266,504,789 20.62 3 香港中央结算有限公司 45,066,182 3.49 4 安耐德合伙人有限公司－客户资金 11,883,800 0.92 5 岳勇 10,325,241 0.80 6 邓颖忠 6,752,811 0.52 7 #中山市新达投资管理有限公司 6,123,636 0.47 一、公司前十名股东名称及持股情况 | 8 | 招商银行股份有限公司－南方中证 1000 | 交易型开 4,728,457 | 0.37 | | --- | --- | --- | --- | | | 放式指数证券投资基金 | | | | 9 | 邓冠彪 | 3,718,105 | 0.29 | | 10 | #刘德民 | 3,196,400 | 0.25 | 注：以上股东的持股数量为合并普通账户和融资融券信用账户后总的持股数量。 ...

证券代码：002511 证券简称：中顺洁柔 公告编号：2025-07 3、公司已在中国证券登记结算有限责任公司深圳分公司开立了股票回购专 用证券账户。 4、相关股东是否存在减持计划： 截至本公告披露日，公司董事、监事及高级管理人员、控股股东、实际控制 人、持股 5%以上的股东及其一致行动人在本次回购股份期间暂无明确的减持计 划，若上述主体未来拟实施股份减持计划，公司将按照相关规定及时履行信息披 露义务。 中顺洁柔纸业股份有限公司 回购报告书 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： 1、中顺洁柔纸业股份有限公司（以下简称"公司"）拟使用自有资金以集 中竞价交易方式回购部分公司已发行的人民币普通股（A 股）股票，回购股份将 用于后期实施员工持股计划或股权激励计划的股份来源。 本次回购资金总额不低于人民币 3,000 万元（含），不超过人民币 6,000 万 元（含），回购价格不超过人民币 9.77 元/股（含），该价格不高于公司董事会 审议通过回购股份决议前三十个交易日公司股票交易均价的 150%。按照回购资 金总额的上下限及回购价格上限 ...

Core Viewpoint - The company plans to repurchase its A-shares with a total funding of no less than RMB 30 million and no more than RMB 60 million, with a maximum repurchase price of RMB 9.77 per share, to be used for employee stock ownership plans or equity incentive plans [1][3][5] Summary by Sections Repurchase Plan - The repurchase will be conducted through centralized bidding and aims to maintain shareholder interests while establishing a long-term incentive mechanism for management and key personnel [3][5] - The repurchase period is set for 12 months from the board's approval date, with specific conditions under which the period may be shortened [6][12] Financial Details - The total repurchase amount will be between RMB 30 million and RMB 60 million, with an estimated repurchase quantity of approximately 3,070,625 shares, representing about 0.24% of the total share capital [4][8] - The funding for the repurchase will come entirely from the company's own funds, with the repurchase amount being a small percentage of the company's total assets and net assets [9][11] Impact on Share Structure - If the repurchase is fully executed, the expected number of repurchased shares will be approximately 6,141,248, which would alter the share structure slightly, increasing the proportion of restricted shares [7][8] - The company assures that the repurchase will not affect its listing status or control structure [9][10] Management Commitment - The board of directors commits to acting in good faith and diligently to protect the interests of the company and its shareholders, ensuring that the repurchase does not harm the company's debt repayment ability or ongoing operations [9][10]

Group 1 - The company held its eighth meeting of the sixth board of directors on April 2, 2025, with all nine directors present, confirming the legality and validity of the resolutions passed [1] - The board unanimously approved a share repurchase plan, with a total repurchase amount ranging from 30 million to 60 million yuan, aimed at maintaining shareholder interests and supporting future employee stock ownership plans or equity incentive plans [1] - The decision reflects the company's confidence in its future development prospects and long-term value recognition [1]

证券代码：002511 证券简称：中顺洁柔 公告编号：2025-05 中顺洁柔纸业股份有限公司 关于公司回购股份方案的公告 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。 重要内容提示： 1、中顺洁柔纸业股份有限公司（以下简称"公司"）拟使用自有资金以集 中竞价交易方式回购部分公司已发行的人民币普通股（A 股）股票，回购股份将 用于后期实施员工持股计划或股权激励计划的股份来源。 本次回购资金总额不低于人民币 3,000 万元（含），不超过人民币 6,000 万 元（含），回购价格不超过人民币 9.77 元/股（含），该价格不高于公司董事会 审议通过回购股份决议前三十个交易日公司股票交易均价的 150%。按照回购资 金总额的上下限及回购价格上限 9.77 元/股（含）计算，预计回购股份数量约为 3,070,625 股至 6,141,248 股，约占公司目前总股本的 0.24%至 0.48%，具体回购 股份数量以回购实施完毕或期限届满时实际回购的股份数量为准。本次回购股份 的实施期限为自公司董事会审议通过本次回购方案之日起 12 个月内，即 2025 年 4 月 ...

本次会议经过投票表决，一致通过如下议案： （一）会议以 9 票同意、0 票反对、0 票弃权的表决结果，审议通过《关于 公司回购股份方案的议案》。 根据《中华人民共和国公司法》《中华人民共和国证券法》《上市公司股份 回购规则》《深圳证券交易所上市公司自律监管指引第 9 号——回购股份》及《公 司章程》等相关规定，基于对公司未来发展前景的信心以及对公司长期价值的认 可，有效维护广大股东利益，综合考虑公司发展战略、经营情况、财务状况等因 素，公司将通过集中竞价交易方式回购部分公司股票，回购资金总额 3,000 万元 -6,000 万元，回购股份将用于后期实施员工持股计划或股权激励计划的股份来源。 证券代码：002511 证券简称：中顺洁柔 公告编号：2025-06 中顺洁柔纸业股份有限公司 第六届董事会第八次会议决议公告 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。 一、董事会会议召开情况 中顺洁柔纸业股份有限公司（以下简称"公司"）第六届董事会第八次会议 通知于 2025 年 4 月 1 日以短信等方式发出，并于 2025 年 4 月 2 日以通讯方式召 开。本 ...