新京报贝壳财经讯 2月26日，松炀资源公告称，2025年12月3日公司在广东股权交易中心公开挂牌转让 全资子公司松炀新材100%股权，首次挂牌转让价1亿元。2月10日该项目第五次挂牌，转让价降至4096 万元。截至2月24日挂牌期满，仍未征集到合格意向方，本次挂牌转让终止。公司仍持有松炀新材100% 股权，称此次终止不会对生产经营产生重大影响，后续将审慎决定处置方案并披露。 ...

证券代码：603863 证券简称：松炀资源 公告编号：2026-005 一、交易概述 为进一步盘活公司存量资产，优化资产结构，广东松炀再生资源股份有限公 司（以下简称"公司"）于 2025 年 12 月 3 日在广东股权交易中心公开挂牌转让 全资子公司汕头市松炀新材料特种纸有限公司（以下简称"松炀新材"）100% 的股权，首次挂牌转让价为松炀新材 100%股权对应价值（根据股权评估价值为 依据，综合考虑资产市场价值等情况）人民币 10,000.00 万元，具体内容详见公 司分别于 2025 年 11 月 15 日、2025 年 12 月 19 日、2026 年 1 月 6 日、2026 年 1 月 23 日及 2026 年 2 月 10 日发布于上海证券交易所网站（www.sse.com.cn）的 《关于公开挂牌转让子公司股权的公告》（公告编号：2025-050）、《关于公开 挂牌转让子公司股权的进展公告》（公告编号：2025-061）、《关于公开挂牌转 让子公司股权的进展公告》（公告编号：2026-001）、《关于公开挂牌转让子公 司股权的进展公告》（公告编号：2026-003）及《关于公开挂牌转让子公司股 ...

松炀资源公告称，2025年12月3日公司在广东股权交易中心公开挂牌转让全资子公司松炀新材100%股 权，首次挂牌转让价10000.00万元。2月10日该项目第五次挂牌，转让价降至4096.00万元。截至2月24日 挂牌期满，仍未征集到合格意向方，本次挂牌转让终止。公司仍持有松炀新材100%股权，称此次终止 不会对生产经营产生重大影响，后续将审慎决定处置方案并披露。 ...

本报讯 （记者张敏）2月24日，广东松炀再生资源股份有限公司（以下简称"松炀资源"）在回复互动易 投资者问题时表示，经与控股股东方核实，实控人近期无转让实际控制权意愿。 该公司相关人员表示，公司将持续深耕主业，加强内控治理，积极回报股东。 收缩多元化布局 松炀资源成立于2008年，是一家集废纸回收、环保造纸及涂布成型于一体的高新技术企业，已通过 ISO9001质量体系认证、ISO14001环境体系认证，拥有"广东省工程技术研究中心""广东省资源综合利 用企业"等多项资质认定。 公开信息显示，2025年下半年以来，松炀资源启动了多笔资产处置。2025年11月份，公司发布公告，拟 挂牌转让全资子公司汕头市松炀新材料特种纸有限公司100%股权。公告显示，公司本次出售为优化业 务结构，聚焦主业发展，增强公司可持续发展的内生动力，降低运营成本，避免继续亏损。同时，为了 降低运营成本，减少亏损，维护公司及全体股东利益，公司管理层经过审慎考虑，决定对松炀新材公司 实施停产。 随后公司再次公告，以1元的对价转让控股子公司松炀乐彩（北京）运营管理有限公司51%股权（对应 认缴出资额10，200，000元，实缴出资额0元）。该子 ...

Core Viewpoint - Songyang Resources (603863) is experiencing continuous losses, with significant share pledges by the controlling shareholder and divestment of non-core subsidiaries to focus on its main business, alongside management changes [1]. Financial Performance - According to the earnings forecast released on January 20, 2026, Songyang Resources expects a net profit loss attributable to shareholders of between 160 million to 210 million yuan for the full year of 2025, marking the fourth consecutive year of losses since 2022. Although the loss scale is slightly narrowed compared to 2024, the main business still faces challenges from weak downstream demand, inverted product prices, and asset impairment pressures. The formal annual report and subsequent operational improvement effects are worth monitoring [2]. Shareholder Pledge - A notice on December 30, 2025, revealed that the controlling shareholder Wang Zhuangpeng and his concerted parties have extended the pledge of shares, with a cumulative pledged shareholding ratio reaching 96.47%. The announcement emphasized that risks are controllable, with repayment funds sourced from operating income, but the high pledge ratio may raise market concerns regarding share stability [3]. Subsidiary Development - On December 30, 2025, the company announced the transfer of 51% equity in its controlling subsidiary Songyang Le Cai for 1 yuan, exiting the non-core lottery business to optimize its asset structure and focus on the recycling resources main business. This adjustment may be viewed by the market as a signal to enhance operational efficiency [4]. Management Changes - On December 18, 2025, Songyang Resources announced the resignation of former general manager Wang Weilong due to personal reasons, with the board appointing Cai Jiantao as the new general manager. This personnel change may impact the strategic execution of the company [5]. Strategic Advancement - Following the termination of control transfer in 2025, the company has shifted to introduce external cooperation, such as signing a production management service contract with Hubei Changjiang Huifeng Paper Industry, aimed at enhancing the capacity and quality of high-strength corrugated paper. This initiative is part of the company's strategy to narrow its focus and return to core business, but its effectiveness will require time to validate [6].

Group 1 - The company is publicly transferring 100% equity of its wholly-owned subsidiary, Shantou Songyang New Materials Special Paper Co., Ltd., with an initial transfer price of RMB 10 million [2] - As of January 23, 2026, the fourth public listing price for the equity is set at RMB 5.12 million, but no qualified interested parties were found by the end of the disclosure period on February 6, 2026 [3] - The company plans to list the equity for a fifth time at 80% of the fourth listing price, which amounts to RMB 4.096 million, and will adjust the listing price as necessary based on the rules of the Guangdong Equity Exchange [3]

为进一步盘活公司存量资产，优化资产结构，广东松炀再生资源股份有限公 司（以下简称"公司"）于 2025 年 12 月 3 日在广东股权交易中心公开挂牌转让 全资子公司汕头市松炀新材料特种纸有限公司（以下简称"松炀新材"）100% 的股权，首次挂牌转让价为松炀新材 100%股权对应价值（根据股权评估价值为 依据，综合考虑资产市场价值等情况）人民币 10,000.00 万元，具体内容详见公 司分别于 2025 年 11 月 15 日、2025 年 12 月 19 日、2026 年 1 月 6 日及 2026 年 1 月 23 日发布于上海证券交易所网站（www.sse.com.cn）的《关于公开挂牌转 让子公司股权的公告》（公告编号：2025-050）、《关于公开挂牌转让子公司股 权的进展公告》（公告编号：2025-061）、《关于公开挂牌转让子公司股权的进 展公告》（公告编号：2026-001）及《关于公开挂牌转让子公司股权的进展公告》 （公告编号：2026-003）。 二、交易进展情况 2026 年 1 月 23 日，"汕头市松炀新材料特种纸有限公司 100%股权"项目第 四次在广东股权交易中心挂牌，本次挂牌 ...

松炀资源公告称，2025年12月3日起，公司在广东股权交易中心公开挂牌转让全资子公司松炀新材100% 股权，首次挂牌转让价1亿元。2026年1月23日第四次挂牌，转让价5120万元。截至2月6日未征集到合格 意向方。公司将于2月10日以4096万元第五次挂牌转让该股权，后续将依规选择延长公告期或终结信息 发布，必要时再调整价格，最终交易情况待定。 ...

Group 1: Agricultural Industry - DaFa V is expected to release a significant document related to hybrid corn seed production, highlighting the leading companies in the sector such as YinHai Seed Industry, ZhongShui HaiYe, WanXiang DeNong, and DunHuang Seed Industry [2] - Agricultural Development Group, a key player in seed production, has a comprehensive strength ranking among domestic seed producers, focusing on corn, wheat, and rice seeds, with extensive land holdings [2] - The company has seen a rapid stock price increase, with a notable performance of 3 trading days with 2 price limits [2] Group 2: Robotics and AI - Beijing Humanoid Robot Innovation Center has launched a pilot verification platform, indicating advancements in humanoid robotics [3] - Tianqi Co. has partnered with various companies to provide diverse robotic products and solutions, with a notable collaboration for the 2026 Spring Festival [3] - The company has seen significant stock performance, with 5 trading days and 3 price limits [3] Group 3: Semiconductor and Electronics - Companies like TaiJi Industrial and ShiYiDa are leading in DRAM packaging and semiconductor testing equipment, with significant revenue growth expected [3][4] - The semiconductor industry is experiencing a surge in demand, with companies like JingPuTe and BaiYun Electric focusing on innovative solutions for data centers and electric drive systems [4] - Google Cloud has announced price increases, reflecting the growing demand for cloud services [4] Group 4: Space and Satellite Communication - LongJiang Communication is focusing on low-orbit satellite communication, contributing to the establishment of standards in the industry [5] - TianTong Co. is showcasing its capabilities in commercial satellite technology and electronic manufacturing services, enhancing the supply chain for the aerospace industry [5] Group 5: Chemical and Material Industry - BaiChuan Co. is actively involved in the production of chemical products and is expanding into the lithium battery materials sector [5] - The company is also experiencing stock performance with 3 trading days and 3 price limits [5] - The PCB materials market is seeing price increases, with Japanese manufacturers raising prices by over 30% [5] Group 6: Consumer Goods and Retail - The State Council has issued a plan to accelerate the growth of service consumption, impacting companies in the retail and entertainment sectors [3] - Companies like HengDian Film and HuangTai Liquor are experiencing stock price increases, indicating positive market sentiment [3]

Core Viewpoint - The paper sector in the A-share market has seen significant gains, with multiple companies experiencing notable increases in stock prices, indicating a positive trend in the industry [1]. Group 1: Stock Performance - Songyang Resources (603863) reached a limit-up of 10.00%, with a total market value of 4.412 billion and a year-to-date increase of 8.07% [2]. - Yueyang Forest Paper (600963) increased by 9.28%, with a market capitalization of 10.1 billion and a year-to-date rise of 23.55% [2]. - Mindada (920394) rose by 6.82%, with a market value of 8.683 billion and a year-to-date increase of 45.09% [2]. - Hengfeng Paper (600356) saw a gain of 4.73%, with a market capitalization of 2.847 billion and a year-to-date increase of 8.54% [2]. - Hengda New Materials (301469) increased by 4.65%, with a market value of 2.958 billion and a year-to-date rise of 8.86% [2]. - Bohui Paper (600966) rose by 4.21%, with a market capitalization of 9.919 billion and a year-to-date increase of 8.64% [2]. - Wuzhou Special Paper (605007) increased by 2.68%, with a market value of 6.755 billion and a year-to-date rise of 5.11% [2]. - Qingshan Paper (600103) saw a gain of 2.40%, with a market capitalization of 8.605 billion, but a year-to-date decline of 8.35% [2]. - Kane Co. (002012) increased by 2.23%, with a market value of 2.997 billion, and a year-to-date decline of 0.62% [2].