Group 1 - The establishment of Shengxing (Guangxi) Intelligent Packaging Co., Ltd. has been reported, with a registered capital of 25 million yuan [1] - The legal representative of the company is Lin Yongbao, and its business scope includes packaging services, food internet sales (only pre-packaged food), technology import and export, and artificial intelligence application system integration services [1] - The company is jointly held by Shengxing Co., Ltd. and Shengxing (Hong Kong) Co., Ltd. according to the equity penetration data [1]

特别提示： 本公司及董事会全体成员保证信息披露的内容真实、准确和完整，没有虚 假记载、误导性陈述或重大遗漏。 本次会议由公司董事会召集，由公司董事长林永保先生主持。出席本次股东 大会现场会议和参加网络投票的股东（或股东代理人，下同）共 171 人，代表股 份 634,974,423 股，占公司股份总数（976,918,468 股）的比例为 64.9977%。其中： (1)出席现场会议的股东共 5 人，代表股份 627,472,405 股，占公司股份总数的比 例为 64.2298%；(2)根据深圳证券信息有限公司在本次会议网络投票结束后提供 给公司的网络投票统计结果，参加网络投票的股东共 166 人，代表股份 7,502,018 股，占公司股份总数的比例为 0.7679%；(3)出席现场会议和参加网络投票的中 小投资者（指除公司董事、监事、高级管理人员以及单独或合计持有公司 5%以 上股份的股东以外的其他股东，下同）共 169 人，代表股份 11,557,550 股，占公 司股份总数的比例为 1.1831%。 公司董事、部分监事和总裁、副总裁、财务总监、董事会秘书等高级管理人 员列席了本次会议，其中部分董事系通 ...

（文章来源：证券日报） 证券日报网讯 8月6日晚间，昇兴股份发布公告称，公司2025年第一次临时股东大会于2025年8月6日召 开，审议通过了《关于修订的议案》等多项议案。 ...

证券代码：002752 证券简称：昇兴股份 公告编号：2025-027 昇兴集团股份有限公司 2025 年第一次临时股东大会决议公告 本公司及董事会全体成员保证信息披露的内容真实、准确和完整，没有虚 假记载、误导性陈述或重大遗漏。 特别提示： 1、本次股东大会无否决提案的情况。 2、本次股东大会未涉及变更以往股东大会已通过的决议。 一、会议召开和出席情况 昇兴集团股份有限公司（以下简称"公司"）2025 年第一次临时股东大会采 取现场会议与网络投票相结合的方式召开，其中，本次股东大会现场会议于 2025 年 8 月 6 日下午 14:00 在福建省福州市经济技术开发区经一路 1 号公司会议室召 开；本次股东大会的网络投票时间为：(1)通过深圳证券交易所交易系统进行网 络投票的时间为 2025 年 8 月 6 日上午 9:15-9:25、9:30-11:30 和下午 13:00-15:00； (2)通过深圳证券交易所互联网投票系统进行网络投票的时间为 2025 年 8 月 6 日上午 9:15 至下午 15:00 期间的任意时间。 本次会议由公司董事会召集，由公司董事长林永保先生主持。出席本次股东 大会现场会议 ...

关于昇兴集团股份有限公司 2025 年第一次临时股东大会的 法 律 意 见 书 福建至理律师事务所 地址：中国福州市鼓楼区洪山园路华润万象城三期 TB#写字楼 22 层 电话：（86 591）8806 5558 网址：http://www.zenithlawyer.com 1 福建至理律师事务所（以下简称本所）接受昇兴集团股份有限公司（以下简 称公司）之委托，指派陈禄生、林静律师（以下简称本所律师）出席公司 2025 年第一次临时股东大会（以下简称本次会议或本次股东大会），并依据《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》）、《上市公司股东会规则》（中国证券监督管理委员会公告〔2025〕7 号）、《深圳证券交易所上市公司股东会网络投票实施细则(2025 年修订)》（深证 上〔2025〕223 号，以下简称《网络投票实施细则》）等有关法律、法规、规范 性文件以及《公司章程》之规定出具法律意见。 对于本法律意见书，本所特作如下声明： 1．本所及经办律师依据《证券法》《律师事务所从事证券法律业务管理办法》 和《律师事务所证券法律业务执业规则(试行)》等规定及本法律 ...

Market Performance - The packaging and printing sector increased by 0.67% on August 5, with Xianggang Technology leading the gains [1] - The Shanghai Composite Index closed at 3617.6, up 0.96%, while the Shenzhen Component Index closed at 11106.96, up 0.59% [1] Individual Stock Performance - Xianggang Technology (603499) closed at 16.45, up 4.98% with a trading volume of 111,900 shares and a turnover of 180 million [1] - Kangxin New Materials (600076) closed at 2.47, up 4.22% with a trading volume of 333,800 shares and a turnover of 81.49 million [1] - He Xing Packaging (002228) closed at 3.55, up 2.60% with a trading volume of 173,600 shares and a turnover of 61.22 million [1] - Other notable performers include Nanwang Technology (301355) and Jinfu Technology (003018), with increases of 2.34% and 2.14% respectively [1] Fund Flow Analysis - The packaging and printing sector experienced a net outflow of 214 million from institutional investors, while retail investors saw a net inflow of 157 million [2] - The sector's overall fund flow indicates a mixed sentiment, with institutional selling and retail buying [2] Detailed Fund Flow for Selected Stocks - Xianggang Technology had a net inflow of 14.38 million from institutional investors, but a net outflow of 18.19 million from retail investors [3] - Zhu Hai Zhong Fu (000659) saw a net inflow of 10.86 million from institutional investors, while retail investors had a net outflow of 7.12 million [3] - Yingxing Co. (002752) experienced a net inflow of 8.11 million from institutional investors, with retail investors also showing a net outflow [3]

Group 1: Industry Overview - The Chinese packaging industry can be divided into three competitive tiers based on revenue: the first tier includes companies like Yutong Technology, Aorikin, and Hexing Packaging with revenues over 10 billion yuan; the second tier includes Baosteel Packaging, Shengxing Co., and Shandong Pharmaceutical Glass with revenues between 3 billion and 10 billion yuan; the third tier consists of companies like Jinfutec, Xianggang Technology, and Longlide with revenues below 3 billion yuan [1][6] - The industry is characterized by a fragmented market structure, with many small-scale companies lacking innovation capabilities, leading to disordered competition in the low-end market [6][13] - The market concentration in the packaging industry is low, with the top 10 companies (CR10) holding less than 5% market share, indicating a need for further consolidation [6][13] Group 2: Market Segmentation - The packaging industry in China is segmented into glass packaging, paper packaging, plastic packaging, and metal packaging, with leading companies in each category: Shandong Pharmaceutical Glass and Zhengchuan Co. for glass; Wanshun New Materials and Shanying International for paper; Tongchan Lixing and Hongyu Packaging for plastic; and Shengxing Packaging and Jiamei Packaging for metal [4][9] Group 3: Competitive Landscape - The competitive landscape shows that leading companies like Shandong Pharmaceutical Glass and Zhengchuan Co. have extensive business layouts covering regions such as North America, Europe, Japan, and Southeast Asia [8][9] - The majority of packaging companies focus on specific materials, with Shandong Pharmaceutical Glass leading in medicinal glass, while companies like Dashing and Wanshun New Materials dominate the paper packaging sector [10][11] - The industry is experiencing a strong demand growth driven by the increasing consumption of food and beverages, which indirectly boosts the demand for packaging products [14]

Summary of the Conference Call for Shengxing Co., Ltd. Industry Overview - The conference call primarily discusses the **metal packaging industry**, focusing on the performance of **two-piece and three-piece cans** [2][3][4][6]. Key Points and Arguments 1. **Financial Performance**: - In Q1, revenue slightly declined, and profits dropped by approximately **20%**. Q2 saw a recovery in prices due to rising aluminum processing fees, but overall demand did not show significant growth [2][3]. - Domestic operations experienced slight losses, while the Cambodian business benefited from capacity release at the end of last year, maintaining about **20% growth** in the first half of the year [2][3]. 2. **Market Demand and Pricing**: - Demand for two-piece cans was weak in the first half of the year, with prices initially dropping before recovering slightly. However, overall demand remained unchanged [4][5]. - The price of a **330 ml two-piece can** is approximately **0.4 yuan**, with the bare can price nearing historical lows, limiting pricing power [9]. 3. **Supply Dynamics**: - The company has no plans for domestic capacity expansion. Competitors like **Aorijin** are relocating some capacity to Central Asia, the Middle East, and Southeast Asia, which may improve the supply-demand balance [2][6]. - New capacities are expected to be released in 2025, including **4-6 billion cans** from Baosteel's new line in Anhui [14]. 4. **International Expansion**: - The company and its peers are increasingly focusing on overseas markets, particularly Southeast Asia, where profit margins are generally higher than in the domestic market. For instance, Cambodia has a margin of over **20%** [7][8]. - The company plans to establish a new production line in Vietnam with a capacity of **800 million cans**, expected to be operational by Q3 2026 [8]. 5. **Impact of Regulations**: - The ban on alcohol primarily affects the high-end liquor market, with minimal impact on beer demand. Beer consumption is influenced more by consumer spending power, economic conditions, and weather [10][11]. 6. **Technological Advancements**: - New equipment in the two-piece can sector offers higher production efficiency and better product structure, which can help reduce costs and improve profitability [18]. - The industry is currently experiencing a low capacity utilization rate, which is essential for profitability [19]. 7. **Future Outlook**: - The metal packaging industry is at a low point but is expected to gradually recover. The potential for price increases and improved margins exists, contingent on market conditions [26]. Other Important Insights - The company is cautious about domestic price increases, which depend on supply-demand dynamics and aluminum prices. If aluminum prices stabilize, significant price changes are unlikely in the near term [9]. - The acceptance of aluminum bottles and craft beer cans is under pressure, with sales in high-end channels declining by **30%-40%** [11][12]. - The company is exploring opportunities in other Southeast Asian markets, such as Malaysia and Thailand, depending on customer negotiations [8]. This summary encapsulates the key insights from the conference call, highlighting the current challenges and future strategies of Shengxing Co., Ltd. in the metal packaging industry.

昇兴股份（002752.SZ）7月29日在投资者互动平台表示，公司海外业务主要以东南亚国家为主，产品供 应当地的食品饮料企业。 （文章来源：每日经济新闻） 每经AI快讯，有投资者在投资者互动平台提问：阅读公司年报发现，贵公司主要客户集中在国内，请 问贵公司目前是否进军欧盟市场？ ...

Core Points - The company held its 13th meeting of the 5th Board of Directors, which was conducted via a combination of in-person and communication methods [1] - The meeting approved several resolutions, including amendments to the company's articles of association and governance systems, which will be submitted for review at the first extraordinary general meeting of shareholders in 2025 [2][3] Group 1 - The meeting was attended by all seven directors, and the resolutions were passed with unanimous support [1] - The first resolution involved the amendment of the company's articles of association, which received 7 votes in favor, with no opposition or abstentions [2] - The second resolution involved the revision of certain governance systems, also receiving 7 votes in favor, with no opposition or abstentions [2] Group 2 - The third resolution regarding the amendment of the senior management compensation management system was passed with 4 votes in favor, while 3 directors abstained from voting [3] - The fourth resolution to convene the first extraordinary general meeting of shareholders in 2025 was approved unanimously with 7 votes in favor [3]