机构持仓方面，截止2025年9月30日，奥瑞金十大流通股东中，香港中央结算有限公司位居第二大流通 股东，持股6783.65万股，相比上期减少692.27万股。申万宏源证券有限公司位居第七大流通股东，持股 2842.89万股，相比上期减少37.37万股。 声明：市场有风险，投资需谨慎。本文基于第三方数据库自动发布，不代表新浪财经观点，任何在本文 出现的信息均只作为参考，不构成个人投资建议。如有出入请以实际公告为准。如有疑问，请联系 biz@staff.sina.com.cn。 资料显示，奥瑞金科技股份有限公司位于北京市怀柔区雁栖工业开发区，成立日期1997年5月14日，上 市日期2012年10月11日，公司主营业务涉及食品饮料金属包装产品的研发、设计、生产和销售。主营业 务收入构成为：金属包装产品及服务93.31%，其他(补充)6.14%，灌装服务0.55%。 截至9月30日，奥瑞金股东户数4.58万，较上期增加1.58%；人均流通股55805股，较上期减少1.55%。 2025年1月-9月，奥瑞金实现营业收入183.46亿元，同比增长68.97%；归母净利润10.76亿元，同比增长 41.40%。 分红方面， ...

Investment Rating - The report maintains a strong buy rating for the company, with a target valuation corresponding to a PE of 12X [1][11]. Core Insights - The company, Aorijin, is positioned as a leading player in the metal packaging industry, with expected profit recovery driven by industry improvements, accelerated overseas expansion, and product innovation [1][11]. - The company’s revenue for Q1-Q3 2025 reached 18.346 billion yuan, a year-on-year increase of 68.97%, and the net profit attributable to shareholders was 1.076 billion yuan, up 41.40% year-on-year, largely due to the acquisition of COFCO Packaging [1][16]. Summary by Sections Aorijin: Metal Packaging Leader, Profit Improvement Expected - Aorijin has a solid foundation in three-piece can business and has expanded into two-piece can business since 2012 through self-built capacity and acquisitions, including COFCO Packaging in 2025 [1][16]. - The company’s net profit is projected to be 1.16 billion yuan, 1.20 billion yuan, and 1.34 billion yuan for 2025, 2026, and 2027 respectively, indicating a recovery in profitability [1][11]. Two-Piece Can: Profitability Needs Repair, Company Actively Seeks Breakthroughs - The domestic beer canning rate is expected to rise to 32% by 2024, with significant room for growth compared to developed countries [2][36]. - The company’s two-piece can production capacity is expected to reach nearly 300 billion cans after the acquisition of COFCO Packaging, enhancing market share and pricing power [3][11]. Three-Piece Can: Healthy Industry Development, Improved Customer Structure - The demand for three-piece cans in China is steadily increasing, with a relatively strong profitability compared to two-piece cans [5][9]. - The company has reduced its reliance on major customers, with the largest customer’s revenue share decreasing from 72% in 2013 to 36% in 2024 [9][11]. New Business: Integrated Industry Chain Layout, Gaining Initiative - Aorijin is expanding into the consumer and health sectors with its own brand products, including sports nutrition drinks and pre-prepared meals, leveraging its metal packaging capabilities [11][16]. - The company’s revenue from metal packaging products is projected to be 23.08 billion yuan, 24.47 billion yuan, and 26.06 billion yuan for 2025, 2026, and 2027 respectively, with year-on-year growth rates of 69%, 6%, and 6% [11][10].

经济观察网奥瑞金（002701）近期完成海外资产出售，并启动海外产能建设。公司已完成出售其海外控 股子公司贝纳比利时和贝纳匈牙利各80%股权的交易，持股比例均降至20%，不再纳入合并报表范围。 最终交易对价将根据交割日报表后续审阅结果进行确认和调整。 公司下属控股子公司已向贝纳比利时和贝纳匈牙利提供财务资助；公司为全资子公司湖北销售及佛山包 装提供了借款担保，相关保证合同已签署。 以上内容基于公开资料整理，不构成投资建议。 公司在泰国和哈萨克斯坦启动自建工厂项目，计划将部分二片罐生产设备迁移至海外，预计2026年至 2027年逐步释放产能，以构建全球化产能网络。 公司状况 公司项目推进 ...

经济观察网根据截至2026年2月11日的公开信息，奥瑞金（002701）科技股份有限公司(股票代码： 002701)近期有以下事件值得关注： 公司状况 2026年2月初，公司公告为全资子公司湖北销售提供2亿元借款担保、为佛山包装提供5000万元借款担 保，相关保证合同已签署。此担保属于公司2025年审议通过的合并报表范围内担保额度计划(有效期至 2026年12月31日)的具体实施。 业绩经营情况 根据2025年半年度报告，公司当期营业收入同比增长62.74%，归母净利润同比增长64.66%，但扣非净 利润同比下降24.17%，经营活动现金流净额同比下降41.58%。 以上内容基于公开资料整理，不构成投资建议。 公司项目推进 2026年1月30日，公司出售其海外控股子公司贝纳比利时及贝纳匈牙利各80%股权的交易已完成交割。 本次交易完成后，公司对这两家子公司的持股比例均降至20%，不再纳入合并报表范围。最终交易对价 将根据交割日报表后续审阅结果进行确认和调整。 关联交易进展 截至2026年2月4日，公司下属控股子公司已向贝纳比利时和贝纳匈牙利分别提供1,490.91万欧元和 1,458.04万欧元的财务资助，借 ...

Investment Rating - The report does not explicitly state an investment rating for the industry or specific companies. Core Insights - The metal packaging industry is a significant part of China's packaging industry, accounting for approximately 10% of the total output value. In 2023, the revenue from metal packaging containers and materials manufacturing reached 150.56 billion yuan, with a profit margin of 4.76% [6][12]. - The market for three-piece cans is balanced, with a market size of 16.585 billion yuan in 2023, growing by 1.6% year-on-year. The beverage sector is the primary demand driver, contributing 82% of the market size [14][19]. - The two-piece can market is experiencing oversupply, with a total market size of 26.7 billion yuan in 2023, growing at a CAGR of 4.9% from 2017 to 2023. Beer cans account for over 50% of the demand [24][28]. Summary by Sections 1. Industry Overview: Supply and Demand Balance in Three-Piece Cans, Oversupply in Two-Piece Cans - Metal packaging is crucial in China's packaging industry, with significant revenue and profit contributions [6]. - Three-piece cans dominate the non-carbonated beverage market, while two-piece cans are prevalent in beer and carbonated drinks [12][24]. 2. Comparative Analysis: Consolidation Creates a Duopoly, Quality Structure Enhances Profitability - The report highlights the successful consolidation strategies of companies like Ball Corporation, which transitioned from diversification to focusing on core competencies, becoming the largest aluminum can manufacturer globally [42][48]. - The merger of Orijin and COFCO Packaging is expected to increase market concentration in the two-piece can sector, enhancing the bargaining power and profitability of leading firms [34][36]. 3. Related Companies: Orijin, Shengxing Co., Baosteel Packaging - Orijin leads the three-piece can market with a 23% market share, followed by other key players [19]. - The two-piece can market is primarily dominated by Baosteel Packaging and Orijin, with significant market shares expected to increase post-merger [34][36].

Group 1 - The metal packaging industry is experiencing a pivotal moment with price increases and international expansion driving growth [1][2] - The industry has faced overcapacity and price competition, but improvements in supply-demand dynamics and strategic shifts by companies are expected to alleviate these pressures [2][3] - The two-piece cans, primarily used for beer and carbonated drinks, are projected to see significant demand growth due to the increasing canning rate in China, which is currently below that of developed markets [1][6] Group 2 - The three-piece cans market is characterized by diverse applications, including functional drinks and milk powder, maintaining a relatively higher profit margin due to strong customer loyalty and customization [1][6] - The industry is nearing the end of a capital expenditure cycle, with major companies slowing down new capacity investments, which is expected to stabilize supply pressures [2][6] - Leading companies are increasingly focusing on international markets, where profit margins are higher, and are establishing production bases in regions like Southeast Asia and the Middle East [2][7] Group 3 - The overall trajectory of the metal packaging industry is shifting from pure scale expansion to a focus on quality, efficiency, and global resource allocation [3] - Companies that successfully navigate domestic market changes and implement international strategies are likely to achieve higher quality growth in the new phase of the industry [3] - Investment recommendations include companies like Baosteel Packaging, Orijin, and Yixing, which are expected to benefit from these trends [7]

Group 1 - The core viewpoint of the article highlights the performance of the CSI 1000 Value ETF (562530), which rose by 0.64% to 1.410 yuan with a trading volume of 808,100 yuan as of the midday close [1] - The top-performing stocks within the CSI 1000 Value ETF include Jiahu Energy, which increased by 3.45%, and Zhejiang Medicine, which rose by 3.87% [1] - The fund's performance benchmark is the CSI Smart Select 1000 Value Steady Strategy Index, managed by Huaxia Fund Management Co., Ltd., with a return of 40.54% since its inception on July 28, 2022, and a return of 5.51% over the past month [1] Group 2 - Notable stock movements include Shengfeng Cement increasing by 2.28%, while Jiufeng Energy decreased by 0.80%, and Changjiang Media fell by 0.65% [1] - The fund manager is Zhang Jinzhi, indicating a specific leadership in the management of the ETF [1] - The article emphasizes the importance of cautious investment due to market risks, although it does not provide specific risk details [1]

证券代码：002701 证券简称：奥瑞金 （奥瑞）2026－临 007 号 一、担保进展情况概述 近日，公司全资子公司奥瑞金（湖北）销售有限公司（下称"湖北销售"）与湖 北银行股份有限公司咸宁分行（下称"湖北银行")签署《流动资金借款合同》，借 款本金人民币 2 亿元，借款期限自 2026 年 1 月 20 日起至 2028 年 1 月 20 日。公司 与湖北银行就上述流动资金借款签署《保证合同》，为湖北销售本次借款提供连带责 任保证。同时，公司全资子公司湖北奥瑞金包装有限公司（下称"湖北包装"）提供 房地产抵押担保。 公司全资子公司奥瑞金（佛山）包装有限公司（下称"佛山包装"） 与中国建 设银行股份有限公司佛山市分行（下称"佛山建行"）签署《人民币流动资金贷款 合同》，借款本金人民币 5,000 万元，借款期限 2026 年 1 月 27 日起至 2029 年 1 月 26 日。公司与佛山建行签署《保证合同》，为佛山包装本次借款提供连带责任保证。 二、被担保人基本情况 奥瑞金科技股份有限公司 关于公司合并报表范围内担保的进展公告 奥瑞金科技股份有限公司（"奥瑞金"或"本公司"、"公司"）及董事会全 体成员保 ...

证券代码：002701 证券简称：奥瑞金 （奥瑞）2026－临 006 号 奥瑞金科技股份有限公司 关于出售海外控股子公司部分股权完成交割及 关联财务资助进展的公告 奥瑞金科技股份有限公司（"奥瑞金"或"本公司"、"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、交易情况概述 （一）出售海外控股子公司部分股权的基本情况 公司于 2025 年 12 月 18 日在《中国证券报》《证券时报》《上海证券报》 《证券日报》及巨潮资讯网（http://www.cninfo.com.cn）公告《关于出售海外 控股子公司部分股权的公告》（2025-临 071 号），公司与 Rexam Limited 于 2025 年 8 月 26 日签署股权买卖协议，公司下属控股子公司 Benepack Hong Kong Limited（下称"贝纳香港"）拟向 Rexam Limited 出售其持有的控股子公司 Benepack Belgium N.V.（下称"贝纳比利时"、"标的公司"）80%股权。标的 公司整体企业价值为 1.38 亿欧元，对应 80%股权的基础对价为 1.1 ...

北京市金杜律师事务所 关于奥瑞金科技股份有限公司 2026 年第一次临时股东会 之法律意见书 致：奥瑞金科技股份有限公司 北京市金杜律师事务所（以下简称本所）接受奥瑞金科技股份有限公司（以 下简称公司）委托，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 公司股东会规则》（以下简称《股东会规则》）等中华人民共和国境内（以下简 称中国境内，为本法律意见书之目的，不包括中国香港特别行政区、中国澳门 特别行政区和中国台湾省）现行有效的法律、行政法规、规章和规范性文件和 现行有效的《奥瑞金科技股份有限公司章程》（以下简称《公司章程》）有关规 定，指派律师出席了公司于 2026 年 1 月 30 日召开的公司 2026 年第一次临时 股东会（以下简称本次股东会），并就本次股东会相关事项出具本法律意见书。 为出具本法律意见书，本所律师审查了公司提供的以下文件，包括但不限 于： 1. 经公司 2025 年第三次临时股东会审议通过的《公司章程》； 7. 公司本次股东会议案及涉及相关议案内容的公告等文件； 2. 公司分别于 2026 年 1 月 ...