Core Viewpoint - The financial performance of Shanying International (600567) shows a decline in revenue and profit for the first three quarters of 2025, indicating potential challenges in the company's operations and market conditions [2]. Financial Performance - For the first three quarters of 2025, Shanying International reported a main revenue of 21.133 billion yuan, a year-on-year decrease of 2.17% [2]. - The net profit attributable to shareholders was -290 million yuan, a significant year-on-year decline of 522.74% [2]. - The net profit excluding non-recurring items was -412 million yuan, which represents a year-on-year increase of 6.32% [2]. - In Q3 2025, the company recorded a single-quarter main revenue of 7.291 billion yuan, down 0.77% year-on-year [2]. - The single-quarter net profit attributable to shareholders was -331 million yuan, reflecting a drastic year-on-year decline of 636.03% [2]. - The single-quarter net profit excluding non-recurring items was -347 million yuan, down 4.37% year-on-year [2]. - The company's debt ratio stands at 67.69%, with investment income of 37.952 million yuan and financial expenses of 624 million yuan [2]. - The gross profit margin is reported at 7.91% [2]. Stock Performance - As of January 22, 2026, Shanying International's stock closed at 1.68 yuan, with an increase of 1.2% [1]. - The turnover rate was 1.62%, with a trading volume of 1.0237 million hands and a transaction amount of 172 million yuan [1]. - On January 22, the net inflow of main funds was 11.2426 million yuan, accounting for 6.55% of the total transaction amount [1]. - Retail investors experienced a net outflow of 5.157 million yuan, representing 3.01% of the total transaction amount [1]. Analyst Ratings - In the last 90 days, two institutions have provided ratings for the stock, with one buy rating and one hold rating [3].

Group 1 - The paper sector experienced a rise of 2.07% on January 22, with Minshida leading the gains [1] - The Shanghai Composite Index closed at 4122.58, up 0.14%, while the Shenzhen Component Index closed at 14327.05, up 0.5% [1] - Key stocks in the paper sector showed significant increases, with Minshida rising by 7.07% to a closing price of 56.80, and Yueyang Lin Paper increasing by 6.41% to 4.98 [1] Group 2 - The paper sector saw a net inflow of 108 million yuan from main funds, while retail investors experienced a net outflow of 66.98 million yuan [1] - Among individual stocks, Qing Shan Paper had a main fund net inflow of 67.75 million yuan, while it faced a retail net outflow of 47.15 million yuan [2] - Minshida recorded a main fund net inflow of 24.93 million yuan, with a minor retail net outflow of 0.47 million yuan [2]

证券日报网讯1月21日，山鹰国际（600567）在互动平台回答投资者提问时表示，公司持续投入于造纸 主业的技术升级、产品结构优化、绿色生产等关键领域，旨在巩固和提升公司在核心业务上的长期竞争 力。对于脑机接口等跨界领域，鉴于其与主业协同性低，公司暂时没有投入计划。未来公司也将持续关 注能强化公司主业竞争力的协同机会。 ...

证券日报网讯 1月21日，山鹰国际在互动平台回答投资者提问时表示，公司积极推进山鹰数字化转型建 设，不断将数字化、智能化赋能产业链各环节，打造产业链一体化发展的引擎。公司及下属子公司已启 用数字化采购平台（DigitalPurchasingPlatform）、EWM（SAP高级仓库管理系统）、升级迭代商业智能 （BI）系统等数字化系统工具持续进行企业数字化转型，通过智能化系统管理持续赋能企业内部生产。 后续公司也将持续关注人工智能相关领域，积极探索更多应用场景，通过引入人工智能等先进技术帮助 公司持续向智能制造、数字化转型。 （编辑 丛可心） ...

证券日报网讯1月21日，山鹰国际（600567）在互动平台回答投资者提问时表示，二级市场股价的波动 受到宏观经济、行业政策、市场行情等多方因素的影响，公司将持续推进市值管理工作，通过聚焦主业 发展、持续做好长期激励，优化资产结构、加大新质生产力投入等措施提升公司价值。 ...

证券日报网讯1月21日，山鹰国际（600567）在互动平台回答投资者提问时表示，公司所属造纸及纸制 品行业，下游客户主要集中于食品、饮料、家电、电子等消费品及工业品领域。 ...

（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：贵公司有生产造纸所需的化工辅料吗？ 山鹰国际（600567.SH）1月21日在投资者互动平台表示，公司没有相关业务。 ...

（文章来源：每日经济新闻） 每经AI快讯，山鹰国际（600567.SH）1月21日在投资者互动平台表示，您好，公司所属造纸及纸制品 行业，下游客户主要集中于食品、饮料、家电、电子等消费品及工业品领域。公司现有业务以内销为 主，基本不存在直接向欧盟出口产品的情况。 ...

格隆汇1月21日丨山鹰国际(600567.SH)在投资者互动平台表示，公司所属造纸及纸制品行业，下游客户 主要集中于食品、饮料、家电、电子等消费品及工业品领域。公司现有业务以内销为主，基本不存在直 接向欧盟出口产品的情况。 ...

格隆汇1月21日丨山鹰国际(600567.SH)在投资者互动平台表示，公司所属造纸及纸制品行业，下游客户 主要集中于食品、饮料、家电、电子等消费品及工业品领域。公司现有业务以内销为主，基本不存在直 接向欧盟出口产品的情况。 ...