Group 1 - The company plans to cancel its supervisory board and amend its articles of association in accordance with the new Company Law effective from July 1, 2024, and related regulations [1][2][32] - The supervisory board's responsibilities will be transferred to the audit committee of the board of directors, and relevant rules will be abolished [1][2][32] - The proposed changes require approval at the company's first extraordinary general meeting in 2025 [2][33] Group 2 - The company intends to publicly sell unused equipment from its South Lake plant through Jiaxing Property Rights Exchange, with a starting price of no less than RMB 174,651,109 [7][11][20] - The transaction does not constitute a related party transaction or a major asset restructuring [8][12] - The board of directors has approved the proposal, which will also be submitted for shareholder approval [14][41] Group 3 - The assets for sale include various paper machines and other equipment, all of which are currently non-operational [16][17] - The assessed value of the assets is RMB 174,651,109, reflecting an increase of RMB 38,893,635.87 or 28.65% from the book value [20][21] - The company aims to enhance asset efficiency and liquidity through this sale [11][21][61] Group 4 - The company has signed a compensation framework agreement for land acquisition with the Jiaxing municipal government, with total compensation amounting to RMB 107,962.68 million [39][40] - The agreement includes provisions for soil pollution investigation and remediation, which may affect the timeline and costs of the project [53][61] - The compensation will be paid in stages, with initial payments to be made within 45 days of signing the agreement [54][55]

Group 1 - Multiple packaging paper companies have announced a new round of price increases, marking the 10th price hike since August [1][3] - The increase in paper prices is attributed to rising demand due to the upcoming "Double Festival" and the rising costs of raw materials, particularly waste paper [3][5] - The price of corrugated paper and kraft paper has seen increases of 30 to 50 yuan per ton, with some companies reporting a total increase of 200 yuan per ton this month [3][5] Group 2 - The cost of raw paper constitutes 70% to 80% of the total cost of producing paper boxes, leading to higher prices for finished products [5] - From late July, the price of corrugated paper has risen from approximately 2800 yuan per ton to an increase of 300 to 350 yuan, reflecting a rise of 10% to 15% [7]

| | | 9月15日，山东省发展和改革委员会公布了《关于印发"十强产业"雁阵形产业集群储备库和集群领军企业名单的通知》，亚太森博(山东)浆纸有限公司入 选山东省"十强产业"集群领军企业，以亚太森博为支柱的日照浆纸一体化产业集群新入选2025年度省"十强产业"雁阵形产业集群。 日照浆纸一体化产业集群2024年实现营收204.34亿元，增长13.94%，现有规上企业35家。集群以亚太森博、华泰纸业等业内翘楚企业为"链主"，形成了上 游延伸造纸化学助剂及制浆造纸设备生产，中端优化造纸环节、各类高附加值纸品生产技术，下游拓展纸制品及高附加值产品的全产业链发展格局。其 中，亚太森博的"森博"高端漂白木浆市占率11%、全国第一；"博旺"品牌液体包装纸板市占率16%、山东省第一、全国第二。 (综合大众日报报道) ...

（记者 王晓波） 每经AI快讯，有投资者在投资者互动平台提问：1、目前公司湖北基地无浆可用的情况是否已经得到解 决？自制浆产线什么时候能达产？达产后产能是否能完全满足湖北基地的需求？公司有没有预期什么时 候湖北基地能盈利？ 2、您认为食品卡纸的竞争恶性周期预计什么时候能好转？ 仙鹤股份（603733.SH）9月30日在投资者互动平台表示，1.湖北基地一期项目的自制浆产线已经顺利投 产，目前产能正稳步提升，达产后将能够满足基地的用浆需求。依托成本优势与规模化效应，湖北项目 预计将逐步进入盈利周期，为公司创造持续价值。2.食品卡纸行业当前市场竞争虽存在一定压力，但公 司已通过全产业链布局与产品差异化策略，构建了坚实的核心竞争力。随着市场持续向绿色、高端产品 方向转型，预计竞争格局有望逐步改善，公司会适时调整经营策略，以保障盈利能力，实现稳健发展。 ...

近日，有媒体报道称，市面上一些学生簿册的D65亮度、D65荧光亮度不达标，"防近视"作业本成了"伤眼"本后，湖南省两家涉事企业近日召回部分 教科系列作业本，并免费退换货，涉及数量11万余本。 1 11万余本作业本，被紧急召回 据湖南省市场监督管理局网站，邵东县教科纸品印刷有限责任公司按照《消费品召回管理暂行规定》的要求，主动向湖南省市场监督管理局报告了召 回计划：自2025年9月9日起，召回2020年10月12日至10月25日生产的教科系列作业本，32K学生日记本（140mm*200mm）涉及数量：17000本，32K英语 本（140mm*200mm）涉及数量：8000本，涉及数量共计25000本。 邵东县教科纸品印刷有限责任公司召回产品。 湖南省环美纸品有限公司同样主动报告了召回计划：自2025年8月29日起，召回2024年6月5日至2025年3月3日生产的部分环美作业本，2024/6/5（24K 田字薄）涉及数量：17500本，2024/12/27（25K拼写本）涉及数量：12000本，2025/2/28（36K数学英语作业本）涉及数量：数学14000本；英语12000 本，2025/3/2（16K课文本 ...

据金鹰集团山东公共事务总经理、亚太森博(山东)浆纸有限公司党委书记李润明介绍,亚太森博自主研发 的护眼纸,与普通纸相比显色更好,还能让孩子眼睛不疲劳。莱赛尔纤维是100%纯木源纤维,有很好的亲 肤性、吸汗性、柔韧性和环保性能,可完全生物降解,被称为"21世纪的绿色纤维"。 将"绿色低碳"融入发展血脉,致力打造中国浆纸行业产业升级、技术进步绿色发展的标杆企业。亚太森 博(山东)浆纸有限公司近年来不断深耕"浆纸纤"一体化发展,通过自主创新与产业链的不断延伸完善,产 业的美丽新图景逐渐显现。 据悉,亚太森博年产50万吨的高档文化纸生产线,去年实现了全线达产。在中国市场上,每3张高端复印纸 里就有一张是亚太森博生产的。除了国内市场,这里的产品已经打开了东亚及中东市场。 记者在此看到,100多米的生产线上,54台烘缸组成10组,每台烘缸重达16.8吨,长度超过11米,这是针对亚太 森博鲜浆造纸特点而专门客制化生产的纸机。在这条生产线上,鲜木浆就地"变纸",成为终端产品,这也成 为亚太森博由"浆"向"纸"延链、补链、强链的重要里程碑。 金鹰集团山东公共事务总经理、亚太森博(山东)浆纸有限公司党委书记李润明介绍道:"以前鲜 ...

Company Overview - Jieya Co., Ltd. is a high-quality wet wipe manufacturer established in 1999, with major clients including Woolworths, Kimberly-Clark, Johnson & Johnson, Procter & Gamble, Babycare, and Dongfang Zhenxuan [2][13] - The company experienced a decline in performance in 2024 due to a drop in wet wipe orders post-pandemic, with projected revenue and net profit of 54.7 million and 1.9 million respectively, resulting in a net profit margin of 3.5% [2][13] - In the first half of 2025, the company showed signs of recovery with revenue of 310 million, a year-on-year increase of 8.8%, and a net profit of 33 million, up 22.6%, leading to a net profit margin recovery to 10.5% [2][13] Industry Analysis - The global wet wipe market is steadily growing, with a retail market size projected to reach 18.4 billion USD in 2024, reflecting a year-on-year growth of 2.7% [3][13] - In 2024, the top 10 companies in the global wet wipe market hold a combined market share of 41.3%, with Procter & Gamble and Kimberly-Clark being the largest players, holding 13.9% and 11.3% market shares respectively [3][13] - The Chinese wet wipe market is expected to exceed 12.9 billion CNY in 2024, with a year-on-year growth of 4.3%, and the top 10 brands holding a market share of 48.0% [3][13] Company Performance and Strategy - Jieya Co., Ltd. has a significant net profit margin advantage over competitors, with a net profit margin of 10.5% in the first half of 2025 compared to 4.08% for Hangzhou Guoguang, which reported revenue of 458 million and a net profit of 19 million [4][13] - The company has established strong relationships with international brand clients, with the top five clients accounting for 77.6% of revenue, and foreign sales increasing by 46.2% year-on-year in the first half of 2025 [4][13] - Jieya is expanding its production capacity with a new factory in the United States, which is expected to produce 15 billion wet wipes annually, further enhancing its global market presence [4][13] Financial Projections - The company forecasts net profits of 77 million, 107 million, and 144 million for 2025, 2026, and 2027 respectively, representing year-on-year growth rates of 297.2%, 38.1%, and 34.7% [13] - The current market capitalization is estimated at 3.5 billion, with corresponding price-to-earnings ratios of 45, 33, and 24 for the years 2025 to 2027 [13]

Company Overview - Jieya Co., Ltd. is a high-quality wet wipes manufacturer established in 1999, with major clients including Woolworths, Kimberly-Clark, Johnson & Johnson, Procter & Gamble, Babycare, and Dongfang Zhenxuan [2][13] - The company experienced a decline in performance in 2024 due to a drop in wet wipes orders post-pandemic, with projected revenue and net profit of 547 million and 19 million CNY respectively, resulting in a net profit margin of 3.50% [2][13] - In the first half of 2025, the company showed signs of recovery with revenue of 310 million CNY, a year-on-year increase of 8.8%, and a net profit of 33 million CNY, up 22.6%, leading to a net profit margin recovery to 10.50% [2][13] Industry Analysis - The global wet wipes market is steadily expanding, with a retail market size projected to reach 18.4 billion USD in 2024, reflecting a year-on-year growth of 2.7% [3][13] - In China, the wet wipes market is expected to exceed 12.9 billion CNY in 2024, growing by 4.3% year-on-year, with the top 10 brands holding a market share of 48.0% [3][13] Competitive Position - Jieya Co., Ltd. has a significant net profit margin advantage over competitors, with a 10.50% margin compared to Hangzhou Guoguang's 4.08% [4][13] - The company’s top five clients accounted for 77.6% of its revenue in 2024, with international brand clients driving a 46.2% increase in foreign revenue in the first half of 2025, raising the foreign revenue share to 60.3% [4][13] - The establishment of a production facility in the United States is expected to enhance the company's global competitiveness, with a projected capacity of 15 billion wet wipes annually [4][13] Financial Projections - Forecasts for Jieya Co., Ltd. indicate net profits of 77 million, 107 million, and 144 million CNY for 2025, 2026, and 2027 respectively, representing year-on-year growth rates of 297.2%, 38.1%, and 34.7% [13] - The current market capitalization is estimated at 3.5 billion CNY, with corresponding price-to-earnings ratios of 45, 33, and 24 for the years 2025 to 2027 [13]

在产能建设方面，仙鹤股份位于广西来宾的"年产250万吨三江口新区高性能纸基新材料项目"和湖北石 首的"年产250万吨高性能纸基新材料循环经济项目"均于2024年顺利投产。这两大项目充分利用当地资 源优势，抢占原材料与生产的战略高地，实现林浆纸一体化全产业链布局，有效弥补上游制浆环节的短 板。 仙鹤股份副总经理、董事会秘书王昱哲告诉《证券日报》记者："湖北、广西基地投产后区域协同效应 显著。广西基地依托区位优势保障原材料供应与成本控制；湖北基地高效辐射中部市场。两地水电资源 丰富且均获有力政策支持。基地定位清晰，形成从原料到市场的互补格局，无重大瓶颈。公司已建立柔 性生产与统一调度机制，可根据市场需求灵活调配基地产能，有效应对局部供需波动，实现整体运营最 优化。" 除了广西和湖北两地，今年7月份，仙鹤股份发布公告称，本公司与四川省合江县人民政府正式签署了 《竹浆纸用一体化高性能纸基新材料项目投资协议书》。公告显示，仙鹤股份计划利用当地可再生原材 料资源进行生产布局，整合当地优势资源，延伸上游产业链，丰富纸基新材料品类，拓宽主营业务范 围，增强公司产业竞争力，助力区域循环经济绿色发展。 9月29日，仙鹤股份（60 ...

Core Viewpoint - Minfeng Special Paper (600235.SH) announced a framework agreement regarding the expropriation of properties located within the designated area for urban renewal in Jiaxing, which includes several company-owned buildings and facilities [1] Group 1: Expropriation Details - The company and its controlling shareholder, Minfeng Group, are included in the expropriation scope as per the urban renewal decision by the Jiaxing municipal government [1] - A total compensation amount of RMB 1,079.63 million is agreed upon for the expropriated properties, with RMB 8.88 million designated for compensation on behalf of other companies [1] Group 2: Agreement Parties - Minfeng Group is listed as a co-expropriated party in the agreement, while the municipal industrial group is included as the coordinating party for the obligations [1] - The transaction does not constitute a related party transaction or a major asset restructuring, as neither Minfeng Group nor the municipal industrial group are considered transaction counterparts in this agreement [1]