据公告，公司控股股东徐善水所持有的公司部分股份继续被司法冻结，原因为申请人美亿（洪湖）农业 发展有限公司申请继续保全被申请人徐善水财产所致。截至本公告日，控股股东徐善水持有公司股票数 量为215,305,300股，占公司总股本 41.0508%，本次被继续冻结的股份数为114,743,120 股，占其所持股 份比例为 53.2932%，占公司总股本比例为 21.8773% 。 集友股份表示，目前公司经营活动一切正常，上述股份被继续冻结事项未对上市公司生产经营、控制 权、股权结构、公司治理造成实质性影响。 文丨江凯 2月27日，集友股份（603429.SH）发布公告，披露控股股东部分股份被司法冻结的进展公告。 图源：上市公司公告 徐善水上述股权被司法冻结，系牵涉股权转让款纠纷所致。 2020年12月29日，上海集友广源实业有限公司（简称"上海广源"）分别与美亿（洪湖）农业发展有限公 司（简称"美亿洪湖"）、美好置业集团股份有限公司（简称"美好置业"）签署关于安徽东磁投资有限公 司、合肥名流置业有限公司股权转让协议，因第二期股权转让款等事宜发生纠纷。 2023年4月，美好置业、美亿洪湖起诉上海广源，徐善水作为保证 ...

机构持仓方面，截止2025年9月30日，衢州东峰十大流通股东中，香港中央结算有限公司位居第十大流 通股东，持股1198.68万股，相比上期减少93.27万股。 资料显示，衢州东峰新材料集团股份有限公司位于广东省汕头市潮汕路金园工业城北郊工业区(二围工 业区),4A2-2片区,2M4片区,13-02片区A-F座，成立日期1983年12月30日，上市日期2012年2月16日，公司 主营业务涉及烟标印制及相关包装材料的设计、生产与销售。主营业务收入构成为：医药包装 41.31%，膜类新材料34.19%，纸品14.47%，其他(补充)6.53%，其他3.06%，烟标0.43%。 截至9月30日，衢州东峰股东户数3.15万，较上期减少11.45%；人均流通股59077股，较上期增加 12.28%。2025年1月-9月，衢州东峰实现营业收入9.16亿元，同比减少12.54%；归母净利润-9549.71万 元，同比增长49.83%。 分红方面，衢州东峰A股上市后累计派现41.34亿元。近三年，累计派现4607.41万元。 2月25日，衢州东峰涨2.94%，成交额2.54亿元。两融数据显示，当日衢州东峰获融资买入额2429. ...

Core Viewpoint - Hengfeng Paper is accelerating its strategic diversification by investing in a new green printing project to enhance its competitiveness and market presence in the tobacco sector [2][3]. Group 1: Investment and Project Details - The company plans to invest 349 million yuan to establish a new green printing project aimed at producing 800,000 boxes of cigarette labels [2][3]. - The project is expected to have a construction period of 20 months, from April 2026 to December 2027, and will include the construction of a production workshop and warehouses [3][4]. - The new project will leverage existing customer resources to quickly expand market reach and enhance customer loyalty, promoting the company's diversification and innovation capabilities [4]. Group 2: Market and Industry Context - The project targets the core markets of Northeast China and extends to North China and Inner Mongolia, focusing on high-quality and environmentally friendly printing solutions [4]. - The demand for high-quality, personalized cigarette packaging is increasing, driven by consumer preferences and stricter environmental regulations, creating opportunities for growth in the printing industry [3][4]. Group 3: Financial Performance and Projections - Hengfeng Paper forecasts a net profit attributable to shareholders of 178 million to 215 million yuan for 2025, representing a year-on-year increase of 53.69% to 85.63% [6]. - The company aims to optimize its product structure and improve operational efficiency to achieve significant growth in profitability [6]. Group 4: Mergers and Acquisitions - The company has received approval to acquire 100% of Sichuan Jinfeng Paper Co., Ltd. for 254 million yuan, which will enhance its production capacity and market presence [7]. - This acquisition is expected to strengthen the company's technical research capabilities and customer service levels, thereby improving overall operational efficiency [7].

Investment Overview - The company plans to invest a total of 34,948.81 million yuan in a new green printing project aimed at enhancing its competitiveness in the tobacco sector and diversifying its product offerings [2][6] - The project will produce 800,000 boxes of cigarette labels, helping the company reduce reliance on a single product and strengthen its competitive edge and risk resilience [2] Board Approval - The board of directors approved the investment in the green printing project on February 3, 2026, with unanimous support from all attending members [3] Project Details - The project will be located on the existing industrial land adjacent to the company's current facilities [4] - The investment breakdown includes 33,881.78 million yuan for construction, 396.89 million yuan for construction period interest, and 670.14 million yuan for working capital [6] - The construction will involve building a new cigarette label production workshop and associated facilities, with a total area of approximately 20,917.40 square meters [7] Market Positioning and Feasibility - The tobacco industry is experiencing stable growth, with increasing demand for high-quality and personalized cigarette packaging, which presents significant opportunities for the printing sector [8] - The project targets the core market in Northeast China and aims to expand into regions such as North China and Inner Mongolia, leveraging industry expertise to ensure successful project execution [8] Impact on the Company - The new project is expected to enhance the company's market presence, increase production capacity, and drive revenue growth, aligning with the company's long-term development goals [11] - The project will also facilitate the company's diversification strategy and strengthen its collaborative efforts with existing customers [11]

Project Overview - The company plans to invest CNY 34,948.81 million in a new green printing project aimed at enhancing its competitiveness in the tobacco sector and diversifying its product offerings [2][4] - The project will produce 800,000 boxes of cigarette labels, reducing reliance on a single product and strengthening the company's competitive edge and risk resilience [4] Board Meeting and Approval - The board of directors held a meeting on February 3, 2026, where all 9 attending directors unanimously approved the investment proposal for the new green printing project [5] Project Details - The project will be located on the existing industrial land adjacent to the company's current facilities [7] - The total investment includes CNY 33,881.78 million for construction, CNY 396.89 million for construction period interest, and CNY 670.14 million for working capital [8] - The project involves constructing a new cigarette label production workshop and associated facilities, with a total building area of 20,917.40 square meters [9] Market Positioning and Feasibility - The tobacco industry shows stable growth, with increasing demand for high-quality and personalized cigarette labels, driven by consumer preferences and stricter environmental regulations [11] - The project targets the core market in Northeast China and aims to expand into North China and Inner Mongolia, leveraging industry expertise to ensure smooth production operations [11] Impact on Company - The new project is expected to enhance the company's market presence, increase production capacity, and drive revenue growth, aligning with the company's long-term development goals [14]

格隆汇2月3日丨恒丰纸业(600356.SH)公布，为提高公司在烟草领域的竞争能力，加快推进多元化产品 的战略布局，根据公司战略规划，公司拟投资34948.81万元，新建绿色印刷项目，生产80万箱烟标，本 次投资有利于公司拓展烟用以外产品，消除对单一品种的依赖，增强企业竞争力和抗风险能力，促进公 司长期、稳健、可持续发展。 本项目预计建设期为20个月，即2026年4月—2027年12月。新建烟标生产车间一座，单层框架结构，建 筑面积20917.40平方米；成品库房一座，一层框架结构，建筑面积8064平方米；库房一座，一层框架结 构，建筑面积242.44平方米；门卫房一座，一层框架结构，建筑面积32平方米；以及配套场区工程。购 置安装整套烟标印刷生产线，设计年生产能力80万箱烟标。 ...

智通财经APP讯，恒丰纸业(600356.SH)发布公告，为提高公司在烟草领域的竞争能力，加快推进多元 化产品的战略布局，根据公司战略规划，公司拟投资3.49亿元，新建绿色印刷项目，生产80万箱烟标， 本次投资有利于公司拓展烟用以外产品，消除对单一品种的依赖，增强企业竞争力和抗风险能力，促进 公司长期、稳健、可持续发展。 ...

恒丰纸业公告称，为提高烟草领域竞争力，推进多元化战略布局，公司拟投资34948.81万元新建绿色印 刷项目，生产80万箱烟标。该项目位于公司现有厂区西侧，预计建设期20个月（2026年4月-2027年12 月）。项目尚需能评、环评等审批。公司面临政策、市场、实施、技术等风险，将采取相应措施应对。 此项目获董事会全票通过，无需提交股东会审议。 ...

资料显示，衢州东峰新材料集团股份有限公司位于广东省汕头市潮汕路金园工业城北郊工业区(二围工 业区),4A2-2片区,2M4片区,13-02片区A-F座，成立日期1983年12月30日，上市日期2012年2月16日，公司 主营业务涉及烟标印制及相关包装材料的设计、生产与销售。主营业务收入构成为：医药包装 41.31%，膜类新材料34.19%，纸品14.47%，其他(补充)6.53%，其他3.06%，烟标0.43%。 截至9月30日，衢州东峰股东户数3.15万，较上期减少11.45%；人均流通股59077股，较上期增加 12.28%。2025年1月-9月，衢州东峰实现营业收入9.16亿元，同比减少12.54%；归母净利润-9549.71万 元，同比增长49.83%。 1月30日，衢州东峰涨1.96%，成交额1.01亿元。两融数据显示，当日衢州东峰获融资买入额883.20万 元，融资偿还1569.74万元，融资净买入-686.54万元。截至1月30日，衢州东峰融资融券余额合计4.03亿 元。 融资方面，衢州东峰当日融资买入883.20万元。当前融资余额4.01亿元，占流通市值的5.00%，融资余 额超过近一年70% ...

Performance Forecast - The company expects a net profit to be negative for the period from January 1, 2025, to December 31, 2025 [1] Communication with Auditors - The financial data related to this performance forecast has not been audited by the accounting firm, but preliminary communication has taken place without any disagreements [1] Reasons for Performance Changes - The company is conducting impairment tests on goodwill and other long-term assets, indicating potential impairment, with the final impairment amount to be determined by an evaluation agency and the accounting firm [1] - The subsidiary, Mingde College, has increased operational costs due to enhanced quality of education and teacher recruitment, leading to a year-on-year decline in net profit for the education sector [1] - The tobacco-related business has faced intensified market competition, declining bidding prices for tobacco labels, and product structure issues, resulting in a year-on-year decrease in net profit for this sector [1]