山鹰国际：拟设立合伙企业引入长期投资者

Core Viewpoint - The company aims to enhance its sustainable development capabilities and core competitiveness by introducing long-term investors and promoting its integrated paper packaging business through the establishment of a new partnership fund, Shengying Qiguan [1][2] Group 1: Investment Structure - The company plans to contribute 100% equity of Guangdong Shanying and 36.56% equity of Xiangheng Creative Packaging to establish Shengying Qiguan with Xinsheng Libao, with a total scale of RMB 297,804.35 million [1] - The company will hold 99.97% of Shengying Qiguan, while Xinsheng Libao will contribute RMB 1 million, representing 0.03% of the total scale [1] Group 2: Future Transactions - After the establishment of Shengying Qiguan, the company intends to sign a partnership share transfer agreement with several investors, aiming to raise up to RMB 747.5 million for a stake in Shengying Qiguan [2] - Post-transaction, the company will hold 74.84% of Shengying Qiguan, while the investors will collectively hold 25.09% [2] - Shengying Qiguan will be a subsidiary within the company's consolidated financial statements, directly holding 100% of Guangdong Shanying and 36.56% of Xiangheng Creative [2]