谢影秋逝世后，公司董事会成员将减少至8人，未低于《中华人民共和国公司法》和《公司章程》规定的最低人数。公司后续将根据相关规定进行 董事补选，并及时履行信息披露义务。目前，公司生产经营活动正常。 据延江股份2023年6月21日公告，公司第三届董事会第十八次会议审议通过了《关于聘任公司副总经理的议案》。公司拟聘任董事谢影秋为公司副 总经理，分管公司全球采购业务。 公告披露的简历显示，谢影秋，1970年5月出生，大专学历。曾任厦门东南亚大酒店职员、厦门永冠化学工业有限公司总经理秘书。2000年加入延 江股份至今，现任公司董事、南京延江董事、美国延江董事。 谢影秋与谢继华、谢继权、谢淑冬、谢道平和林彬彬六人为公司控股股东及实际控制人。谢道平和林彬彬系夫妻关系，谢继华、谢继权、谢影 秋、谢淑冬女士系谢道平和林彬彬夫妇的子女。 公开资料显示，延江股份成立于2000年，主要从事一次性卫生用品面层材料的研发、生产和销售。公司的主要产品为3D打孔无纺布和PE打孔膜 等，主要用作妇女卫生用品、婴儿纸尿布等一次性卫生用品的面层材料。公司于2017年6月登陆创业板。 延江股份表示，谢影秋作为公司实际控制人之一，自公司创立以来至今担任 ...

Core Points - The actual controller of Yanjiang Co., Ltd., Xie Yingqiu, has passed away due to illness, as announced by the company on December 2 [1][2] - Xie Yingqiu held 18.553 million shares, accounting for 5.58% of the company's total equity, and had been a key figure in the company's strategic planning and development since its inception [2] - Following Xie Yingqiu's death, the board of directors will reduce to 8 members, which is still compliant with the minimum requirements of the Company Law of the People's Republic of China [2] Company Performance - Yanjiang Co., Ltd. specializes in producing disposable hygiene product surface materials, with main products including PE perforated film, 3D perforated non-woven fabric, hot air non-woven fabric, and ADL drainage layers [2] - For the first three quarters of the year, the company reported revenue of 1.295 billion yuan, a year-on-year increase of 23%, and a net profit attributable to shareholders of 43 million yuan, up 28% year-on-year [2] - As of December 2, the company's stock price was 12.23 yuan per share, with a market capitalization of 4.1 billion yuan [3]

Core Points - The actual controller of Yanjiang Co., Ltd., Xie Yingqiu, has passed away due to illness, as announced by the company on December 2 [1][3] - Xie Yingqiu held 18.553 million shares, accounting for 5.58% of the company's total share capital, and has been a significant contributor to the company's growth and development since its establishment [3] - Following Xie Yingqiu's death, the board of directors will reduce to 8 members, which is still above the minimum required by Chinese law and the company's articles of association [3] Company Overview - Yanjiang Co., Ltd. specializes in producing disposable hygiene product surface materials, including PE perforated film, 3D perforated non-woven fabric, hot air non-woven fabric, and ADL drainage layers [4] - For the first three quarters of the year, the company achieved revenue of 1.295 billion yuan, a year-on-year increase of 23%, and a net profit attributable to shareholders of 43 million yuan, a year-on-year increase of 28% [4] - As of December 2, the company's stock price was 12.23 yuan per share, with a market capitalization of 4.1 billion yuan [5]

Core Viewpoint - The passing of Xie Yingqiu, a significant figure in Yanjiang Co., has raised concerns about the company's future leadership and governance structure [1][4]. Company Overview - Yanjiang Co. is a specialized supplier of disposable hygiene product surface materials, with key products including PE perforated film, 3D perforated non-woven fabric, hot air non-woven fabric, and ADL drainage layers [5]. - As of the third quarter of this year, the company reported a revenue of 1.295 billion yuan, representing a year-on-year growth of 23%, and a net profit attributable to shareholders of 43 million yuan, up 28% year-on-year [5]. Leadership Changes - Xie Yingqiu held 18.553 million shares, accounting for 5.58% of the total share capital, and served as a director and vice president, contributing significantly to the company's strategic planning and development since its inception [4]. - Following Xie's death, the board of directors will reduce to 8 members, which remains compliant with the minimum requirements set by the Company Law of the People's Republic of China [4]. Current Operations - The company's production and operational activities are reported to be normal, with the board and management team committed to maintaining steady development [5].

Core Viewpoint - The passing of Xie Yingqiu, a significant figure in Yanjiang Co., Ltd., raises concerns about the company's future leadership and governance, although operations remain stable [1][4]. Company Overview - Yanjiang Co., Ltd. specializes in producing disposable hygiene product surface materials, including PE perforated film, 3D perforated non-woven fabric, hot air non-woven fabric, and ADL flow layers [4]. - For the first three quarters of the year, the company reported revenue of 1.295 billion yuan, a year-on-year increase of 23%, and a net profit attributable to shareholders of 43 million yuan, up 28% year-on-year [4]. Leadership Changes - Xie Yingqiu, born in May 1970, held 18.553 million shares, accounting for 5.58% of the company's total equity, and served as a director and deputy general manager [3][4]. - Following Xie Yingqiu's death, the board of directors will reduce to 8 members, still above the minimum required by Chinese company law [4]. Market Performance - As of December 2, the stock price of Yanjiang Co., Ltd. was 12.23 yuan per share, with a market capitalization of 4.1 billion yuan [5].

去年年薪超130万元 据公告，谢影秋持有延江股份约1855.31万股股份，占公司总股本的5.58%，为公司实控人之一。如按照延江股份12月2日收盘价12.23元来计算，其持有股 份市值约2.27亿元。公告称，谢影秋所持有公司股份将按相关法律法规办理手续。公司将依据相关法律法规的要求履行后续相关事宜的信息披露义务。 谢影秋逝世后，延江股份董事会成员将减少至8人，未低于相关法律和公司章程规定的最低人数。公司将根据相关规定进行董事补选。目前，公司生产经 营活动正常。 每经记者｜蔡鼎 每经编辑｜段炼 董兴生 12月2日晚间，延江股份（SZ300658，股价12.23元，市值40.7亿元）公告称，公司董事会沉痛公告，公司实控人之一、董事、副总经理谢影秋于近日因病 不幸逝世。 公告称，谢影秋作为公司实控人之一，自公司创立以来担任公司董事、副总经理等职务，长期致力于公司战略规划、业务拓展与团队建设，为公司的创 立、成长、发展和壮大奠定坚实的基础并做出巨大贡献。 持股市值约2.27亿元 据延江股份此前公告，谢影秋于1970年5月出生，中国国籍，无境外永久居留权，大专学历。谢影秋曾任厦门东南亚大酒店职员、厦门永冠化学工业有限 ...

12月2日晚间，延江股份（SZ300658，股价12.23元，市值40.7亿元）公告称，公司董事会沉痛公告，公 司实控人之一、董事、副总经理谢影秋于近日因病不幸逝世。 公告称，谢影秋作为公司实控人之一，自公司创立以来担任公司董事、副总经理等职务，长期致力于公 司战略规划、业务拓展与团队建设，为公司的创立、成长、发展和壮大奠定坚实的基础并做出巨大贡 献。 据公告，谢影秋持有延江股份约1855.31万股股份，占公司总股本的5.58%，为公司实控人之一。如按照 延江股份12月2日收盘价12.23元来计算，其持有股份市值约2.27亿元。公告称，谢影秋所持有公司股份 将按相关法律法规办理手续。公司将依据相关法律法规的要求履行后续相关事宜的信息披露义务。 据延江股份此前公告，谢影秋于1970年5月出生，中国国籍，无境外永久居留权，大专学历。谢影秋曾 任厦门东南亚大酒店职员、厦门永冠化学工业有限公司总经理秘书，后于2000年加入延江股份至今，逝 世前任公司董事、副总经理，南京延江董事和美国延江董事。 谢影秋逝世前，与谢继华、谢继权、谢淑冬、谢道平和林彬彬共同构成延江股份控股股东及实控人。其 中，谢道平和林彬彬系夫妻关系，谢 ...

Core Points - The company announced the passing of its actual controller, director, and vice president, Xie Yingqiu, due to illness [1][3] - Xie Yingqiu held 18.55 million shares, accounting for 5.58% of the company's total share capital [3] - Following Xie Yingqiu's death, the board of directors will reduce to 8 members, which is still above the minimum required by law [3] Company Overview - The company, established in 2000, specializes in the research, production, and sales of surface materials for disposable hygiene products [4] - Key products include 3D perforated non-woven fabric and PE perforated film, primarily used in women's hygiene products and baby diapers [4] - The company was listed on the Growth Enterprise Market in June 2017 [4] Financial Performance - For the first three quarters of 2025, the company reported revenue of 1.295 billion yuan, a year-on-year increase of 22.99% [5] - The net profit attributable to shareholders was 42.50 million yuan, reflecting a year-on-year growth of 27.95% [5] Stock Performance - The company's stock price rebounded significantly, with a 4.35% increase on December 2, closing at 12.23 yuan per share [6] - The stock has risen approximately 139% year-to-date, with a current market capitalization of 4.07 billion yuan [6]

Investment Rating - The report assigns a "Buy" rating for the company for the first time [4] Core Views - The global upgrade of disposable hygiene products is transitioning from "internal competition" to "external competition," accelerating the overseas expansion of non-woven fabric manufacturing. The company is positioned to benefit from this trend, with a global supply chain already established [4][39] - The overseas market for absorbent hygiene products is projected to have a market space of approximately $7.16 billion, which is over three times the domestic market size [5][34] Summary by Sections Industry Logic - The upgrade of global absorbent hygiene products is driven by the transition from spunbond non-woven fabrics to hot air non-woven fabrics, benefiting upstream suppliers and indicating a reversal of current challenges [5][9] - Since 2021, cross-border brands have played a pivotal role in reshaping the overseas market landscape, prompting global giants to accelerate product upgrades [5][19] Company Logic - The company is a leading supplier of non-woven fabric for disposable hygiene products, with a strong position in the global supply chain and a focus on high-end products that align with current market demands [39][40] - The company has a competitive edge due to its advanced manufacturing processes and established relationships with major clients, which have been built over more than a decade [49] Financial Forecast and Valuation - Revenue is expected to grow from 14.85 billion yuan in 2024 to 18 billion yuan in 2025, with a year-on-year growth rate of 23%. Net profit is projected to increase significantly from 0.27 billion yuan in 2024 to 0.5 billion yuan in 2025, reflecting a 95% year-on-year growth [4][5] - The company's earnings per share (EPS) is forecasted to rise from 0.08 yuan in 2024 to 0.16 yuan in 2025, indicating strong profitability potential [4][5]

Group 1: Industry Overview - The overall research activity in the A-share market has decreased, with a total of 229 research instances last week, lower than 348 instances in the same period of 2024 [3][14] - Only the beauty care, building materials, and comprehensive sectors saw an increase in research activity compared to the previous week [3][14] - In September, the total number of research instances in the A-share market rebounded significantly to 4,055, surpassing 3,544 instances in the same month of 2024 [22][24] Group 2: Company-Specific Insights - Yanjiang Co., Ltd. has been frequently researched, with two instances last week, as the company is expected to benefit from the upgrade of overseas sanitary napkin and diaper materials [4][31] - The market size for female sanitary products in China is projected to reach 86.71 billion yuan in 2024, reflecting a growth of 23.27% compared to 2023 [4][31] - Other companies such as Xinqianglian, Liyuanheng, and Siyuan Electric have also attracted significant market attention, with multiple research instances noted [28][29]