天眼查App显示，近日，江西三典纸业有限公司成立，法定代表人为曾祖豪，注册资本200万人民币， 经营范围为一般项目：文具用品批发，纸制品销售，包装材料及制品销售，纸浆销售，专用化学产品销 售（不含危险化学品），生物基材料销售，国内贸易代理，货物进出口，技术进出口（除依法须经批准 的项目外，凭营业执照依法自主开展经营活动）。 ...

Core Viewpoint - Linping Development is progressing towards its IPO on December 11, aiming to raise approximately 1.2 billion yuan for new material projects, despite facing significant operational challenges and revenue declines [2][3]. Financial Performance - Linping Development's revenue has shown a continuous decline, with figures of approximately 2.879 billion yuan in 2022, 2.8 billion yuan in 2023, and projected 2.485 billion yuan in 2024, alongside fluctuating net profits of 154 million yuan, 212 million yuan, and 153 million yuan respectively [3][5]. - In the first half of 2025, the company reported revenue of about 1.224 billion yuan, a year-on-year decrease of 7.8%, while net profit was approximately 91.42 million yuan, down 26.8% year-on-year [3]. Product Pricing and Market Dynamics - The average selling prices of the company's main products, corrugated paper and boxboard, have decreased during the reporting period, with prices of 3,131.39 yuan/ton, 2,506.84 yuan/ton, and 2,362.15 yuan/ton for corrugated paper, and 3,407.95 yuan/ton, 2,707.46 yuan/ton, and 2,509.68 yuan/ton for boxboard [5]. Raw Material Cost and Management - The cost of raw materials, primarily waste paper, accounted for a significant portion of the main business costs, with percentages of 77.11%, 73.68%, and 75.00% during the reporting period, indicating vulnerability to price fluctuations [6]. - The company is actively managing raw material procurement and inventory to mitigate risks associated with price volatility [6]. Taxation and Profitability Concerns - The company has heavily relied on tax incentives, which accounted for 63.02%, 68.65%, and 80.58% of net profits during the reporting period, raising concerns about sustainability if policies change [7]. - Linping Development asserts that the tax benefits are expected to remain stable due to the nature of its business as a resource utilization enterprise [7]. Accounts Receivable Management - The company has a higher accounts receivable turnover rate compared to industry peers, attributed to strict management and short aging of receivables, resulting in low bad debt risk [8]. Governance and Control Risks - The controlling shareholder holds 88.40% of voting rights, raising concerns about potential governance issues and the risk of decisions that may not align with minority shareholders' interests [9]. - Linping Development claims to have established a robust governance structure to ensure compliance with laws and protect shareholder rights [9]. Employee Benefits and Compliance Issues - The company has faced issues regarding the non-payment of social insurance and housing funds for some employees, with amounts of 8.282 million yuan, 6.951 million yuan, and 4.4329 million yuan during the reporting period [10]. - Linping Development has received assurances from local authorities that it will not face penalties for these issues, and the controlling shareholder has committed to compensating the company for any future liabilities [10].

内容概况：当前，中国防油纸行业进出口结构呈现"进口收缩、出口扩张"的鲜明特征。从进口情况来看，受国际市场需求变化、国内替代品发展及政策调整 等多重因素影响，防油纸进口规模在经过2018年高点后进入下行通道。2024年防油纸进口数量为2880.43吨，较2018年的9400.71吨减少6520.28吨，进口金额 从2018年的1192.44万美元下降至2024年的850.33万美元，显示国内产能对进口产品的替代效应持续增强。2025年前三季度，中国防油纸进口数量为2402.77 吨，同比增长13.81%；进口金额为662.96万美元，同比增长10.34%。2025年前三季度进口量值虽有所回升，但整体仍维持在较低水平。从出口情况来看，随 着全球经济的复苏和食品包装行业的持续发展，中国防油纸出口数量和出口金额整体呈现逐年增长的态势。据统计，中国防油纸出口数量从2017年的 6821.24吨增长至2024年的17087.4吨，年复合增长率为14.02%；出口金额从2017年的1440.34万美元增长至2024年的3370.78万美元，年复合增长率为 12.92%。2025年前三季度，中国防油纸出口数量为15155.2 ...

Core Viewpoint - The company, Shandong Sun Paper Industry Co., Ltd., has announced the expected daily related party transactions for the year 2026, estimating a total amount not exceeding RMB 649.2 million, which will be subject to approval at the upcoming shareholders' meeting [2][3]. Group 1: Daily Related Party Transactions Overview - The company aims to regulate its related party transactions to protect the rights of the company and its shareholders, in compliance with relevant regulations [1]. - The expected total amount of daily related party transactions for 2026 is RMB 649.2 million, based on the transaction data from January to November 2025 and the company's operational forecasts for 2026 [2]. Group 2: Related Parties and Transaction Amounts - The company has identified five related parties, all of which are wholly-owned subsidiaries of its controlling shareholder, Shandong Sun Holdings Group Co., Ltd. [3]. - The expected transaction amounts with each related party for 2026 are as follows: - Shandong Shengde International Hotel Co., Ltd.: RMB 14 million [9] - Wanguo Paper Sun White Card Paper Co., Ltd.: RMB 510 million [12] - Shandong International Paper Sun Paperboard Co., Ltd.: RMB 745 million [15] - Shandong Wanguo Sun Food Packaging Materials Co., Ltd.: RMB 2,773 million [18] - Guangxi Sun Paperboard Co., Ltd.: RMB 2,450 million [22] Group 3: Transaction Policies and Impact - The pricing policy for related party transactions will be based on fair market prices, agreed upon by both parties [22]. - The purpose of these transactions is to meet the company's operational needs and will not adversely affect the company's financial status or independence [24][27].

每经头条（nbdtoutiao）——处方药变"瘾品"：国内首次报告普瑞巴林滥用致成瘾病例，网络平台暴 露"无病历可购药"漏洞，列管与否尚需科学考量 （记者 曾健辉） 截至发稿，太阳纸业市值为412亿元。 每经AI快讯，太阳纸业（SZ 002078，收盘价：14.75元）12月9日晚间发布公告称，公司第九届第七次 董事会会议于2025年12月9日在公司会议室以现场方式召开。会议审议了《关于公司及控股子公司2026 年度向金融机构申请综合授信额度的议案》等文件。 2025年1至6月份，太阳纸业的营业收入构成为：浆及纸制品占比94.74%，电及蒸汽占比3.9%，其他业 务占比0.73%，石灰占比0.63%。 ...

Core Viewpoint - The article highlights the advancements made by Minshida Special Paper Industry Co., Ltd. in the production of aramid paper, a crucial material for aerospace, rail transportation, and new energy sectors, overcoming a 40-year foreign monopoly in manufacturing technology [1] Company Summary - Minshida has successfully broken through foreign monopolies and barriers in aramid paper production, addressing the "bottleneck" issue in the industry [1] - The company has focused on innovation and specialization, leading to an increasing global market share for its products [1] Industry Summary - Aramid paper is essential in various important fields, including aerospace, rail transportation, and new energy [1] - The manufacturing technology for aramid paper was previously dominated by foreign entities for four decades, indicating a significant shift in the competitive landscape with Minshida's advancements [1]

Core Viewpoint - Baoding City Mancheng District Yunjian Paper Industry Co., Ltd. has been established with a registered capital of 10,000 RMB, indicating a new player in the paper manufacturing sector [1] Company Overview - The legal representative of the newly established company is Zhang Zhanliang [1] - The company operates in various areas including paper manufacturing, sales of paper products, and office supplies [1] Business Scope - The business scope includes general projects such as: - Paper manufacturing - Sales of paper products - Sales of office supplies - Manufacturing of paper products - Manufacturing of paper and paperboard containers - Sales of personal hygiene products - Sales of sanitary and disposable medical supplies - Wholesale of kitchenware and daily miscellaneous goods - Sales and manufacturing of sanitary ware [1] - The company is also involved in the sales and manufacturing of specialized equipment for pulping and paper-making, as well as pulp manufacturing and sales [1]

（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：董秘，请问公司可以生产生活用纸吗？ 华泰股份（600308.SH）12月8日在投资者互动平台表示，感谢您对华泰股份的关注！公司全资子公司 山东华泰生活用纸有限公司具备卫生纸等生活用纸的生产能力，可满足采购需求。 ...

生意社12月08日讯 2025年12月8日浙江嘉兴景兴纸业，A级黄板纸价格保持平稳，废纸收购价格暂无调整，调整后不带票 到厂价格为1970元/吨。 浙江嘉兴景兴纸业2025年12月7日起，办公废纸高白价格下调20元/吨。调整后不带票到厂收购价为： | 种类 | 级别 | 价格类型 | 价格(元/吨) | | --- | --- | --- | --- | | 黄板纸 | A级 | 不带票到厂价 | 1970 | | | 统货 | 不带票到厂价 | 1740 | | 挂面纸 | | 不带票到厂价 | 1990 | | 超市纸 | | 不带票到厂价 | 1930 | | 化纤大管 | 大管含量≥95% | 不带票到厂价 | 1770 | | 化纤小管 | | 不带票到厂价 | 1740 | | 甲牛 | A级 | 不带票到厂价 | 2520 | | | B级 | 不带票到厂价 | — | | 办公用纸 | 低白 | 不带票到厂价 | 1760↓ | | | 高白 | 不带票到厂价 | 1890↓ | | 纯白口杯纸 | | 不带票到厂价 | — | | 小花口杯纸 | | 不带票到厂价 | — | 温馨提示：1、 ...

12月8日，建设银行山东省分行党委委员、副行长刘春龙带队到访晨鸣集团，双方围绕深化银企合作、 助力企业发展座谈。 12月8日，建设银行山东省分行党委委员、副行长刘春龙带队到访晨鸣集团，双方围绕深化银企合作、 助力企业发展座谈。 刘春龙一行先后参观了寿光晨鸣化学浆厂、八厂，详细了解了企业生产经营相关情况，表示将继续发挥 金融服务优势，针对企业实际需求定制综合金融方案，服务企业发展。 集团领导张中山、孟峰参加。 刘春龙一行先后参观了寿光晨鸣化学浆厂、八厂，详细了解了企业生产经营相关情况，表示将继续发挥 金融服务优势，针对企业实际需求定制综合金融方案，服务企业发展。 集团领导张中山、孟峰参加。 ...