New Stock Issuance - New stock issuance includes 泰凯英 (code: 920020) at an issuance price of 7.50 and 超颖电子 (code: 732175) at 17.08[1] Equity Market Alerts - 上纬新材 (code: 688585) is undergoing a tender offer from September 29, 2025, to October 28, 2025[1] - 科思科技 (code: 688788) and 博瑞医药 (code: 688166) have recent announcements dated September 26, 2025, and October 10, 2025, respectively[1] - 南新制药 (code: 688189) reported severe abnormal fluctuations on October 10, 2025[1] Trading Alerts - A total of 50 stocks have trading alerts with the latest announcements on October 15, 2025, including 国光连锁 (code: 605188) and 中持股份 (code: 603903)[1] - The lowest trading alert price recorded is 1,116 for 赛恩斯 (code: 688480)[1]

Market Overview - The packaging and printing sector increased by 1.2% on October 15, with Huayuan Holdings leading the gains [1] - The Shanghai Composite Index closed at 3912.21, up 1.22%, while the Shenzhen Component Index closed at 13118.75, up 1.73% [1] Stock Performance - Notable gainers in the packaging and printing sector included: - Huaman Holdings (002787) with a closing price of 9.38, up 5.99% and a trading volume of 356,300 shares, totaling 332 million yuan [1] - Zijiang Enterprise (600210) closed at 7.58, up 4.99% with a trading volume of 966,900 shares, totaling 725 million yuan [1] - Zhongzheng Co. (603091) closed at 72.87, up 3.51% with a trading volume of 7,258 shares, totaling 52.21 million yuan [1] Capital Flow - The packaging and printing sector experienced a net outflow of 99.04 million yuan from institutional investors, while retail investors saw a net inflow of 109 million yuan [2] - Key stocks with significant capital flow included: - Aorijin (002701) with a net outflow of 56.25 million yuan from institutional investors [3] - Zijiang Enterprise (600210) had a net inflow of 31.34 million yuan from institutional investors [3] - Jingjia Co. (002191) saw a net inflow of 12.48 million yuan from institutional investors [3]

登录新浪财经APP 搜索【信披】查看更多考评等级 证券代码：002701 证券简称：奥瑞金 （奥瑞）2025－临060号 奥瑞金科技股份有限公司 股票交易异常波动公告 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真实、准 确、完整，没有虚假记载、误导性陈述或重大遗漏。 一、股票交易异常波动的情况介绍 本公司（证券简称：奥瑞金，证券代码：002701）股票交易价格连续三个交易日内（2025年10月10日、 2025年10月13日、2025年10月14日）日收盘价格涨幅偏离值累计达到20%以上，根据《深圳证券交易所 交易规则》的相关规定，属于股票交易异常波动情形。 二、公司关注及核实情况说明 针对公司股票交易异常波动，公司董事会对有关事项进行了核查，并问询了公司控股股东及实际控制 人，现将有关情况说明如下： 5．公司控股股东、实际控制人在公司股票异常波动期间未买卖公司股票。 三、是否存在应披露而未披露信息的说明 公司董事会确认，本公司目前没有任何根据《深圳证券交易所股票上市规则》等有关规定应予以披露而 未披露的事项或与该事项有关的筹划、商谈、意向、协议等；董事会也未获悉 ...

（编辑 姚尧） 证券日报网讯 10月14日晚间，奥瑞金发布公告称，公司股票交易价格连续三个交易日内（2025年10月 10日、2025年10月13日、2025年10月14日）日收盘价格涨幅偏离值累计达到20%以上，属于股票交易异 常波动情形。公司前期披露的信息不存在需要更正、补充之处。公司未发现近期公共媒体报道了可能或 已经对公司股票交易价格产生较大影响的未公开重大信息。 ...

Core Insights - Ourgame is making strategic investments in the cryptocurrency sector, indicating a shift towards digital assets and blockchain technology [1] Company Summary - Ourgame is positioning itself to capitalize on the growing interest and potential profitability of cryptocurrencies [1] - The company aims to diversify its investment portfolio by including digital currencies, which may enhance its overall market competitiveness [1] Industry Summary - The cryptocurrency market continues to evolve, attracting traditional companies like Ourgame to explore new investment opportunities [1] - Strategic investments in cryptocurrencies reflect a broader trend of traditional industries integrating digital assets into their business models [1]

本公司（证券简称：奥瑞金，证券代码：002701）股票交易价格连续三个交 易日内（2025 年 10 月 10 日、2025 年 10 月 13 日、2025 年 10 月 14 日）日收盘 价格涨幅偏离值累计达到 20%以上，根据《深圳证券交易所交易规则》的相关规 定，属于股票交易异常波动情形。 二、公司关注及核实情况说明 针对公司股票交易异常波动，公司董事会对有关事项进行了核查，并问询了 公司控股股东及实际控制人，现将有关情况说明如下： 证券代码：002701 证券简称：奥瑞金 （奥瑞）2025－临 060 号 奥瑞金科技股份有限公司 股票交易异常波动公告 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真实、准确、完整，没有虚假记载、误导性陈述或重大 遗漏。 一、股票交易异常波动的情况介绍 4．公司、控股股东及实际控制人不存在关于公司的应披露而未披露的重大 事项，也不存在处于筹划阶段的重大事项。 5．公司控股股东、实际控制人在公司股票异常波动期间未买卖公司股票。 三、是否存在应披露而未披露信息的说明 公司董事会确认，本公司目前没有任何根据《深圳证券交易所股票上市 ...

Core Viewpoint - Aorijin (002701.SZ) is actively expanding its business in the new energy battery structural components sector, leveraging its expertise in metal packaging technology [1] Group 1 - Aorijin's subsidiary, Lanpeng Ruichi, is a key player in the new energy battery precision structural components business [1] - The company has successfully applied its related products in new energy vehicles and energy storage batteries [1]

Group 1 - The metal packaging sector is experiencing significant growth due to an improving supply-demand landscape, with clear signals indicating a bottoming out of the cycle [1] - The fourth quarter is typically a negotiation window for industry pricing, and attention should be paid to the pricing strategies of leading companies [1] - Leading companies are expected to collaborate in the negotiation process to implement price increases, with a focus on companies such as Orijin (002701.SZ), Baosteel Packaging (601968.SH), and Shengxing Co. (002752.SZ) [1] Group 2 - The supply-side landscape is becoming more concentrated, with increasing industrial synergy effects [1] - Orijin's acquisition of COFCO Packaging has resulted in a CR3 of over 70% in the metal two-piece can industry, with Orijin holding approximately 40% market share [1] - The industry is shifting its focus from scale expansion to stable profit growth, which is expected to enhance overall profitability [1] Group 3 - The beer canning rate in China is expected to increase, driving steady growth in demand [2] - Approximately 70% of the demand in China's metal packaging market comes from the food and beverage sector, with a significant difference in channel structure compared to overseas markets [2] - China's beer canning rate is currently over 30%, significantly lower than Japan's (over 80%) and the global average (50%), indicating substantial room for growth as non-immediate consumption channels increase [2]

Core Insights - The packaging and printing sector experienced a 0.3% increase on October 13, with Aorijun leading the gains [1] - The Shanghai Composite Index closed at 3889.5, down 0.19%, while the Shenzhen Component Index closed at 13231.47, down 0.93% [1] Stock Performance - Aorijun (002701) closed at 6.26, up 10.02% with a trading volume of 1.389 million shares and a transaction value of 857 million yuan [1] - Wangzi New Materials (002735) closed at 16.86, up 9.98% with a trading volume of 747,400 shares and a transaction value of 1.231 billion yuan [1] - Baosteel Packaging (601968) closed at 5.57, up 7.32% with a trading volume of 1.2202 million shares and a transaction value of 685 million yuan [1] - Other notable performers include Huayuan Holdings (002787) up 4.03% and Yingxing Co. (002752) up 3.65% [1] Capital Flow - The packaging and printing sector saw a net inflow of 531 million yuan from institutional investors, while retail investors experienced a net outflow of 108 million yuan [2] - The main stocks with significant capital inflow include Wangzi New Materials with a net inflow of 519 million yuan [3] - Aorijun also saw a net inflow of 175 million yuan from institutional investors, despite a net outflow from retail investors [3]

Summary of the Conference Call for Aoyuan (奥瑞金) Industry Overview - The two-piece can industry is experiencing price negotiations that slightly exceed expectations, indicating a solid bottom and potential for mean reversion after years of losses, which could bring profit elasticity to related companies [2][4] - The demand for two-piece cans primarily comes from beer (55%) and carbonated beverages (20%) [2][7] - The industry has gone through four stages: demand development, consolidation, expansion, and steady improvement, currently positioned at the bottom of the cycle with potential for profit recovery [2][8][9] Key Financial Insights - In 2026, if the price increases by 2 cents, Aoyuan's net profit is expected to rise to 1.16 billion yuan; if the increase is 3 cents, it could reach 1.3 billion yuan [2][5] - Baosteel Packaging is expected to increase profits by 400 million yuan with a 3-cent price increase [2][5] - Aoyuan's operational net profit for 2025 is projected to be 820 million yuan, with a potential increase of over 20% if prices rise by 2 cents [5] Market Dynamics - The overall industry capacity exceeds demand, with total capacity over 70 billion cans against a demand of about 55 billion cans, leading to a supply-demand imbalance [11] - Domestic capital expenditure is decreasing, and there are no new capacity plans, while overseas markets are seeing concentrated capital expenditure as companies expand internationally [12] - Aoyuan's market share has reached 40% after integrating with COFCO Packaging, with the top three companies holding an 80% market concentration [2][13] Pricing and Profitability Outlook - The pricing cycle for the two-piece can industry typically occurs in the fourth quarter, with recent negotiations indicating a potential price increase of 2-3 cents for 2026 orders [6][14] - The industry is expected to see a gradual recovery in pricing, with the potential for improved profitability as the market stabilizes [3][14] - Aoyuan's profitability is under pressure due to significant price drops in late 2024, but the company is expected to benefit from price increases in 2026 [16][17] Future Projections - For 2026, if prices increase by 2 cents, total profits could reach 1.165 billion yuan, with a 3-cent increase potentially leading to 1.3 billion yuan [17] - The overall market for aluminum beer cans is expected to maintain a positive growth trajectory, driven by an increase in the canning rate, although this is influenced by glass prices [10] Additional Insights - The consolidation in the industry has improved the competitive landscape, but the pricing pressure from major clients like beer producers remains a concern [13][14] - The overseas market, particularly in North America and Europe, shows higher concentration levels compared to the domestic market, which may influence competitive dynamics [15]