Group 1 - Fujian Jinsen Forestry Co., Ltd. experienced a stock price increase of 5.27%, reaching 13.78 CNY per share, with a trading volume of 240 million CNY and a turnover rate of 7.82%, resulting in a total market capitalization of 3.249 billion CNY [1] - The company, established on April 18, 1996, and listed on June 5, 2012, is primarily engaged in forest cultivation, management, and timber production and sales [1] - The main revenue composition includes: 53.80% from small-diameter fir, 20.72% from fir logs, 7.31% from small-diameter pine, and other products contributing smaller percentages [1] Group 2 - CITIC Prudential Multi-Strategy Mixed Fund (LOF) A (165531) entered the top ten circulating shareholders of Fujian Jinsen, holding 850,700 shares, which is 0.36% of the circulating shares, with an estimated floating profit of approximately 587,000 CNY [2] - The fund was established on June 16, 2017, with a current size of 1.133 billion CNY, achieving a year-to-date return of 40.98% and a one-year return of 38.38% [2] Group 3 - The fund manager of CITIC Prudential Multi-Strategy Mixed Fund (LOF) A is Wang Ying, who has been in the position for 8 years and 284 days, managing a total fund size of 4.904 billion CNY [3] - During Wang Ying's tenure, the best fund return was 45.53%, while the worst return was -8.42% [3]

Core Viewpoint - The forestry sector experienced a significant decline of 8.54% on November 21, with Pingtan Development leading the drop. The Shanghai Composite Index closed at 3834.89, down 2.45%, while the Shenzhen Component Index closed at 12538.07, down 3.41% [1]. Group 1: Market Performance - The forestry sector's main stocks showed notable declines, with Pingtan Development falling by 10.03% to a closing price of 10.77, and Fujian Jinsen decreasing by 5.35% to 60.ET [1]. - The total net outflow of main funds from the forestry sector reached 1.381 billion yuan, while retail investors saw a net inflow of 1.049 billion yuan [1]. Group 2: Individual Stock Analysis - Fujian Jinsen had a main fund net inflow of 1.061 million yuan, but also experienced a net outflow of 11.1774 million yuan from speculative funds [2]. - ST Jinggu saw a main fund net outflow of 278,900 yuan, while speculative funds had a net inflow of 299,900 yuan [2]. - Pingtan Development faced a substantial main fund net outflow of 1.302 billion yuan, with a net inflow of 362 million yuan from speculative funds [2].

Group 1 - The forestry sector increased by 0.14% on November 20, with Yong'an Forestry 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] - Yong'an Forestry's stock price rose by 9.99% to 9.80, with a trading volume of 965,400 shares and a transaction value of 878 million yuan [1] Group 2 - The net inflow of main funds in the forestry sector was 21.95 million yuan, while retail funds experienced a net outflow of 1.09 million yuan [1] - Yong'an Forestry had a net inflow of 41.59 million yuan from main funds, but retail funds saw a net outflow of 16.78 million yuan [1] - ST Jinggu and Fujian Jinsen experienced net outflows from main funds of 1.67 million yuan and 17.97 million yuan, respectively [1]

Core Insights - The A-share market in Fujian experienced a collective decline, with several stocks, including Zhongfutong and Longzhou Co., falling over 10% [1] - The stocks of Haixia Innovation and Pingtan Development were suspended for trading due to significant price deviations from their fundamentals [1] Summary by Category Stock Performance - Zhongfutong: -10.69%, market cap 4.701 billion, YTD increase 32.17% [2] - Longzhou Co.: -10.06%, market cap 3.571 billion, YTD increase 50.12% [2] - Tianma Technology: -10.02%, market cap 7.554 billion, YTD increase 17.74% [2] - China Wuyi: -9.88%, market cap 5.733 billion, YTD increase 31.77% [2] - Lidaxin: -9.86%, market cap 8.444 billion, YTD increase 10.20% [2] - Dongbai Group: -9.81%, market cap 7.437 billion, YTD increase 23.79% [2] - Other notable declines include Qipilong (-8.22%), Hai Xin Food (-8.05%), and Yong'an Forestry (-7.74%) [2] Market Context - The decline in Fujian stocks follows a period of sustained increases, indicating potential market corrections [1] - The suspension of Haixia Innovation and Pingtan Development highlights concerns over stock valuations relative to company fundamentals [1]

Core Points - The forestry sector experienced a slight decline of 0.02% on November 19, with Fujian Jinsen leading the drop [1] - The Shanghai Composite Index closed at 3946.74, up 0.18%, while the Shenzhen Component Index closed at 13080.09, down 0.0% [1] Sector Performance - Yong'an Forestry (000663) saw a significant increase of 10.00%, closing at 8.91 with a trading volume of 516,400 shares and a transaction value of 441 million yuan [1] - ST Jinggu (600265) decreased by 1.87%, closing at 21.48 with a trading volume of 9,105 shares and a transaction value of 19.7183 million yuan [1] - Fujian Jinsen (002679) fell by 5.58%, closing at 14.38 with a trading volume of 250,300 shares and a transaction value of 368 million yuan [1] Capital Flow - The forestry sector saw a net inflow of 136 million yuan from main funds, while retail funds experienced a net outflow of 64.0657 million yuan [1] - Yong'an Forestry had a net inflow of 145 million yuan from main funds, but a net outflow of 74.5187 million yuan from retail investors [1] - ST Jinggu had a minor net inflow of 492,400 yuan from main funds, while retail investors contributed a net inflow of 117,060 yuan [1] - Fujian Jinsen experienced a net outflow of 926,410 yuan from main funds, with retail investors contributing a net inflow of 928,240 yuan [1]

Core Points - The company held its third extraordinary general meeting of shareholders on November 18, 2025, with a combination of on-site and online voting methods [2][5][19] - The meeting had a total of 161 participants representing 157,565,893 shares, accounting for 66.8343% of the total voting shares [7][21] - A key resolution to amend the company's articles of association and related rules was passed with 99.9359% approval from the voting shareholders [10][25] Meeting Details - The meeting was convened by the company's board of directors and was held at the Jin Sen Building in Fujian Province [5][19] - Voting was conducted both on-site and through the Shenzhen Stock Exchange's online voting system, with specific time slots designated for each [4][19] - The meeting was presided over by the chairman, Mr. Pan Longying, and was attended by all board members and legal representatives [6][21] Voting Results - The resolution to amend the articles of association received 157,464,893 votes in favor, 31,800 against, and 69,200 abstentions [10][25] - Among small investors, 98.6637% voted in favor of the resolution, indicating strong support from this group [10][25] Legal Opinion - The legal opinion provided by Beijing Deheng (Shenzhen) Law Firm confirmed that the meeting's procedures, attendance, and voting were in compliance with relevant laws and regulations [12][28] - The legal representatives verified that all necessary documents were provided and that the meeting was conducted lawfully [15][28]

福建金森林业股份有限公司 章 程 二〇二五年十月 1 | | | | | | 福建金森林业股份有限公司 公司章程 （2025 年 10 月 28 日经公司第六届董事会第十五次会议修订、 2025 年 11 月 18 日经 2025 年第三次临时股东会审议通过） 第一章 总 则 第一条 为维护公司、股东、职工和债权人的合法权益，建立中国特色现代 国有企业制度，规范公司的组织和行为，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 华人民共和国企业国有资产法》（以下简称：《企业国有资产法》）《国有企业 公司章程制定管理办法》《中国共产党章程》（以下简称：《党章》）《上市公 司章程指引》以及有关法律法规，制订本章程。 第二条 公司系依照《公司法》和其他有关规定成立的股份有限公司（以下 简称"公司"）。公司由将乐县营林投资有限公司整体变更设立。公司在福建省 三明市工商行政管理局注册登记，取得营业执照，统一社会信用代码：9135000 0705188269J。 第三条 公司于 2012 年 4 月 6 日经中华人民共和国证券监督管理委员会（以 下简称"中国证监会 ...

福建金森林业股份有限公司 股东会议事规则 （2025 年 10 月 28 日经公司第六届董事会第十五次会议修订、 2025 年 11 月 18 日经 2025 年第三次临时股东会审议通过） 第一章 总 则 第一条 为维护福建金森林业股份有限公司（以下简称：公司）股东合法权 益，保证股东会依法行使职权，提高公司股东会规范运作和科学决策水平，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》）、《上市公司独立董事管理办法》和《福建金森 林业股份有限公司章程》（以下简称：《公司章程》）的规定，制定本规则。 第二条 公司应当严格按照法律、行政法规、中国证监会颁布的《上市公司 股东会规则》、《公司章程》及本规则的相关规定召开股东会，保证股东能够依 法行使权利。 公司董事会应当切实履行职责，认真、按时组织股东会。公司全体董事应当 勤勉尽责，确保股东会正常召开和依法行使职权。 第三条 股东会应当在《公司法》和《公司章程》赋予的职权和规定的范围 内行使职权。 第四条 股东会分为年度股东会和临时股东会。年度股东会每年召开 1 次， 应当于上一会计年度结束后的 6 个月内举行 ...

福建金森林业股份有限公司 董事会议事规则 （2025 年 10 月 28 日经公司第六届董事会第十五次会议修订、 （二）因犯有贪污、贿赂、侵占财产、挪用财产或者破坏社会主义市场经济 秩序，被判处刑罚，执行期满未逾五年，或者因犯罪被剥夺政治权利，执行期满 未逾五年，被宣告缓刑的，自缓刑考验期满之日起未逾二年； （三）担任因经营不善而破产清算的公司、企业的董事或厂长、经理，对该 2025 年 11 月 18 日经 2025 年第三次临时股东会审议通过） 第一章 总 则 第一条 为了明确福建金森林业股份有限公司（以下简称：公司或本公司） 董事会的议事方式和决策程序，促使董事和董事会有效地履行其职责，提高董事 会规范运作和科学决策水平，并进一步规范董事会内部机构及运作程序，确保董 事会的工作效率和科学决策，充分发挥董事会的经营决策中心作用，依据《中华 人民共和国公司法》、《中华人民共和国证券法》、《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——主板上市公司规范 运作》、《上市公司独立董事管理办法》和《公司章程》的规定，制定《福建金 森林业股份有限公司董事会议事规则》（以下简称：本规 ...

证券代码：002679 证券简称：福建金森 公告编号：JS-2025-063 北京德恒（深圳）律师事务所 深圳市福田区金田路 4018 号安联大厦 B 座 11 楼 电话:0755-88286488 传真:0755-88286499 邮编:518026 北京德恒（深圳）律师事务所 关于福建金森林业股份有限公司 2025年第三次临时股东会的法律意见 北京德恒（深圳）律师事务所 关于福建金森林业股份有限公司 2025 年第三次临时股东会 的法律意见 关于福建金森林业股份有限公司 2025 年第三次临时股东会 的法律意见 德恒 06G20250178-0003 号 致：福建金森林业股份有限公司 福建金森林业股份有限公司（以下简称"公司"、"福建金森"）2025 年 第三次临时股东会（以下简称"本次会议"）于 2025 年 11 月 18 日（星期二）召 开。北京德恒（深圳）律师事务所（以下简称"德恒"）受公司委托，指派叶兰 昌、韩海洋律师（以下简称"德恒律师"）出席了本次会议。根据《中华人民共 和国证券法》（以下简称"《证券法》"）、《中华人民共和国公司法》（以下简 称"《公司法》"）、中国证券监督管理委员会《上市 ...