Core Viewpoint - The doubling of tariffs on steel and aluminum to 50% by the Trump administration is significantly impacting U.S. food manufacturers, leading them to reconsider their packaging strategies and shift towards alternatives like sterile cartons, glass, and plastic [1][2][3]. Group 1: Impact on Food Manufacturers - Pacific Coast Producers, a major canned food supplier, is facing a 6% increase in special steel costs due to the new tariffs, which could lead to annual losses of up to $40 million and a planned 24% price increase for customers [1][3]. - The influx of imported canned goods from China and Southeast Asia has been driving down prices for domestic products since 2017, exacerbating the impact of the new tariffs [1][3]. - Companies are exploring alternative packaging solutions, such as sterile cartons from Tetra Pak and SIG Group, to mitigate rising costs [2][3]. Group 2: Industry Response and Trends - The beverage industry is also affected, with Coca-Cola indicating a potential shift towards plastic packaging if aluminum costs rise significantly [2][5]. - The American Glass Packaging Association is seeing opportunities to capture market share from aluminum cans due to the tariffs [3][4]. - Analysts suggest that if tariffs persist, companies will need to rethink their packaging strategies to maintain profitability [3][4]. Group 3: Challenges in Transitioning Packaging - Transitioning to alternatives like glass or sterile cartons presents logistical and cost challenges, as glass is generally more expensive due to its heavier weight [4][5]. - The majority of aluminum used in beverage cans is recycled, which may shield some manufacturers from tariff impacts [4][5]. - Companies that have diversified their packaging options, like Coca-Cola, may adapt more easily to tariff changes compared to those focused solely on canned products [5][6].

Core Points - The company announced a cash dividend distribution of 0.078 yuan per share for the fiscal year 2024, totaling 15.6 million yuan [2][4] - The dividend distribution plan was approved at the annual shareholders' meeting held on May 19, 2025 [2][3] Distribution Plan - The dividend will be distributed to all shareholders registered with the China Securities Depository and Clearing Corporation Limited, Shanghai Branch, as of the close of trading on the registration date [3] - The total share capital used for the distribution is 200 million shares [4] Implementation Details - Cash dividends for unrestricted circulating shares will be distributed through the clearing system of the China Securities Depository and Clearing Corporation Limited [5] - Shareholders who have not completed designated trading will have their dividends held by the China Securities Depository and Clearing Corporation Limited until they complete the necessary trading [5] Taxation Information - For individual shareholders holding shares for over one year, the cash dividend of 0.078 yuan per share is exempt from personal income tax [7] - For qualified foreign institutional investors (QFII), a 10% withholding tax applies, resulting in a net dividend of 0.0702 yuan per share [8] - Other institutional investors are responsible for their own tax obligations, with a gross dividend of 0.078 yuan per share [8] Contact Information - For inquiries regarding the dividend distribution, shareholders can contact the company's securities department at 021-36535008 during business days [9]

上海新通联包装股份有限公司 章程 二○二五年四月 上海新通联包装股份有限公司章程 第一章 总则 第一条 为维护上海新通联包装股份有限公司（以下简称"公司"或"本公司"）、 股东和债权人的合法权益，规范公司的组织和行为，根据《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》"）、《上市公司章程指引》等有关法律、法规、规章及规范性文件（以 下简称"法律、法规"）的规定，制定本章程。 第二条 公司系依照《公司法》和其他有关规定成立的股份有限公司，由上海 新通联包装材料有限公司依法整体变更设立，设立方式为发起设立。公司在上海 市市场监督管理局注册登记，取得营业执照，统一社会信用代码为： 第三条 公司于 2015 年 4 月 23 日经中国证券监督管理委员会（以下简称"中 国证监会"）核准，首次向社会公众发行人民币普通股 2,000 万股，于 2015 年 5 月 18 日在上海证券交易所上市。 第四条 公司注册名称： 中文全称：上海新通联包装股份有限公司。 英文全称：Shanghai Xintonglian Packaging Co.,Ltd. 第五条 公司住所：上 ...

Core Viewpoint - The company anticipates stable annual performance despite a significant decline in net profit in Q1 due to the beverage industry's "small year" impact, which is consistent with similar past years [1][2] Group 1: Company Performance - In Q1, the company's net profit decreased significantly year-on-year due to the beverage industry's "small year" and weak demand for beverage gift consumption [1] - The company operates in metal packaging, producing three-piece cans, two-piece cans, aseptic paper packaging, and PET bottles, closely tied to the macro economy and the downstream food and beverage industry [1] - The company expects to maintain performance at levels comparable to similar years despite the Q1 decline [1] Group 2: Strategic Initiatives - The company plans to leverage its relatively low debt ratio and strong cash flow to actively seek suitable acquisition opportunities in response to regulatory policies promoting mergers and acquisitions [2] - Future growth is anticipated from two directions: new brands entering the beverage industry and new products from traditional beverage brands [2] - The company is advancing its "full industry chain beverage service platform" strategy, with positive trends in traditional core customer growth, new customers, and new product development [2] Group 3: Market Dynamics - The metal packaging industry in China has over 2,000 companies, characterized by low concentration and many regional small and medium-sized enterprises lacking scale advantages, indicating a clear trend towards industry consolidation [1] - The company aims to reduce reliance on single large customers and enhance cross-selling and export capabilities among core customer business segments [2] - The growth of order quantity and frequency from some leading customers indicates a positive development trend for the platform's contract filling business model, which is expected to become a new profit growth point [2]