Market Overview - The packaging and printing sector increased by 1.28% on November 13, with Jinfu Technology leading the gains [1] - The Shanghai Composite Index closed at 4029.5, up 0.73%, while the Shenzhen Component Index closed at 13476.52, up 1.78% [1] Stock Performance - Jinfu Technology (stock code: 003018) closed at 16.89, rising by 10.03% with a trading volume of 104,900 shares and a transaction value of 174 million yuan [1] - Hexing Packaging (stock code: 002228) closed at 4.08, up 9.97% with a trading volume of 1,103,000 shares [1] - Hongyu Packaging Materials (stock code: 920274) closed at 31.66, increasing by 5.71% [1] - Other notable performers include Yinglian Co., Ltd. (stock code: 002846) up 4.84% and Nanshi Technology (stock code: 301355) up 3.64% [1] Capital Flow - The packaging and printing sector experienced a net outflow of 62.21 million yuan from institutional investors and 84.42 million yuan from retail investors, while retail investors saw a net inflow of 147 million yuan [2] - The capital flow data indicates that institutional and speculative funds are withdrawing, while retail investors are increasing their positions [2] Individual Stock Capital Flow - Yinglian Co., Ltd. (stock code: 002846) had a net inflow of 84.76 million yuan from institutional investors, but a net outflow of 68.72 million yuan from retail investors [3] - Hexing Packaging (stock code: 002228) saw a net inflow of 34.79 million yuan from institutional investors, with retail investors withdrawing 22.62 million yuan [3] - Other stocks like Jinghua Laser (stock code: 603607) and Nanshi Technology (stock code: 301355) also showed mixed capital flows, with institutional inflows but retail outflows [3]

Group 1 - The core point of the article is that the controlling shareholder of Hexing Packaging (合兴包装) plans to reduce its stake in the company by selling up to 23,220,298 shares, which represents 1.91% of the total share capital [1] - The controlling shareholder, Xinjiang Xinghuiju Equity Investment Management Partnership, currently holds 397,173,280 shares, accounting for 32.73% of the total share capital [1] - The planned reduction will occur within three months after the announcement, using block trading and/or centralized bidding methods [1] Group 2 - Based on the closing price of 3.71 yuan per share on November 12, the estimated cash amount from the reduction is approximately 86.15 million yuan [1] - Xinjiang Xinghuiju initially held 147 million shares, which was 42.43% of the total share capital, and has cumulatively reduced its holdings by 5.6 million shares since the first reduction on September 15, 2011 [1][2] - The total cash amount realized from previous reductions amounts to approximately 42.97 million yuan [2]

Core Points - The stock price of Hexing Packaging has increased by 5.39% on November 13, reaching 3.91 CNY per share, with a trading volume of 210 million CNY and a turnover rate of 4.60%, resulting in a total market capitalization of 4.744 billion CNY [1] - Hexing Packaging has experienced a continuous rise in stock price for four consecutive days, with a cumulative increase of 6% during this period [1] Company Overview - Hexing Packaging, established on May 17, 1993, and listed on May 8, 2008, is located in the Tong'an Business Building, Wuyuan Bay, Huli District, Xiamen, Fujian Province [1] - The company's main business involves the research, design, production, sales, and service of mid-to-high-end corrugated cartons, with revenue composition as follows: corrugated packaging 88.38%, color box packaging 4.50%, others 3.24%, industrial paper 2.80%, and cushioning packaging 1.08% [1] Shareholder Information - Among the top ten circulating shareholders of Hexing Packaging, a fund under China Merchants Fund, specifically the China Merchants Quantitative Selected Stock A (001917), has entered the top ten in the third quarter, holding 7.0759 million shares, which accounts for 0.59% of the circulating shares [2] - The estimated floating profit for this fund today is approximately 1.4152 million CNY, with a total floating profit of 1.4859 million CNY during the four-day increase [2] - The China Merchants Quantitative Selected Stock A fund was established on March 15, 2016, with a latest scale of 3.663 billion CNY, achieving a year-to-date return of 39.76% and a one-year return of 37.06% [2]

Core Points - On November 12, Century Huatong announced a share repurchase plan of 500 million to 1 billion yuan for capital reduction [1][2] - A total of 18 A-share listed companies disclosed share reduction plans, indicating a trend of shareholder divestment [1][2] Summary of Share Repurchase - Century Huatong plans to repurchase shares worth between 500 million and 1 billion yuan to reduce registered capital [2] Summary of Share Reductions - Tai Xiang Co. plans to reduce no more than 1% of its shares by shareholder Zhongyuan Investment [2] - Jiang Bolong's second-largest shareholder has completed a reduction of 4.1915 million shares [2] - Senior management of Zhejiang Zhongcheng plans to reduce their holdings [2] - Controlling shareholder of Hexing Packaging intends to reduce no more than 1.91% of shares [2] - Shareholder Wang Ge of Dongfang Zhongke plans to reduce no more than 0.51% of shares [2] - Executive Yu Qingchi of Kuai Publishing plans to reduce no more than 0.02% of shares [2] - Directors and executives of Changlian Co. plan to collectively reduce no more than 0.77% of shares [2] - China Unicom's structural adjustment fund reduced 40.7003 million shares from November 10 to November 12 [2] - Shareholder Chen Bei of Ruimaite plans to reduce no more than 1.76% of shares [2] - Shareholder Zhang Hong of Aipeng Medical plans to reduce no more than 2% of shares [2] - Director Wo Jinye of Jujiao Co. plans to reduce no more than 0.01% of shares [2] - Directors and executives of Zhonglan Environmental Protection plan to reduce their holdings [2] - Shareholders Ning Kangqi and Beikangqi of Hendi Pharmaceutical plan to collectively reduce no more than 2.33% of shares [2] - Wuxi High-tech Zone New Momentum Industry Development Fund reduced 549,200 shares of Xiangnan Chip [2] - Controlling shareholder of Tianji Co. sold 8.4 million shares during a period of significant stock trading volatility [2] - The second-largest shareholder of Fangzheng Electric reduced a total of 1.6324 million shares on November 10 and 12 [2] - Controlling shareholder of Haodangjia plans to reduce no more than 2.7% of shares [2] - Controlling shareholder of Zhibang Home reduced 905,000 convertible bonds [2]

Core Viewpoint - The controlling shareholder of Hexing Packaging (002228.SZ) plans to reduce its stake in the company by up to 23.22 million shares, representing 1.91% of the total share capital [1] Summary by Sections - **Share Reduction Plan** - The controlling shareholder, Xinjiang Xinghui Investment Management Partnership, intends to reduce its holdings through block trades and/or centralized bidding within three months after the announcement [1] - The maximum number of shares to be sold is 23.22 million, which accounts for 1.91% of the total share capital and 2% of the total share capital excluding shares held in the repurchase special account [1]

Core Viewpoint - The controlling shareholder of Hexing Packaging (002228.SZ), Xinjiang Xinghui Investment Management Partnership, plans to reduce its stake in the company by up to 23.22 million shares, representing 1.91% of the total share capital [1] Summary by Category - **Shareholder Actions** - Xinjiang Xinghui intends to reduce its holdings through block trades and/or centralized bidding within three months after a 15 trading day notice period [1] - **Shareholding Details** - The proposed reduction accounts for 1.91% of the company's total share capital and 2% of the total share capital excluding shares held in the repurchase special account [1]

Summary of Key Points Core Viewpoint - The article discusses various companies and their shareholders' intentions to buy or sell shares, indicating a trend of both increasing and decreasing shareholdings among different firms in the market [1]. Company Actions - 康缘药业's actual controller's concerted action party increased holdings by 80,000 shares [1]. - 好当家's controlling shareholder plans to reduce holdings by no more than 2.7% [1]. - 亨迪药业's shareholders, including 宁康企管, 倍康企管, and 雷小艳, intend to collectively reduce holdings by no more than 2.33% [1]. - 合兴包装's controlling shareholder 新疆兴汇聚 plans to reduce holdings by no more than 1.91% [1]. - 瑞迈特's shareholder 陈蓓 intends to reduce holdings by no more than 1.76% [1]. - 泰祥股份's 众远投资 plans to reduce holdings by no more than 1% [1]. - 香农芯创's 无锡高新区新动能产业发展基金 reduced holdings by 549,200 shares [1]. - 中国联通's structural adjustment fund will reduce holdings by 40,700,300 shares from November 10 to November 12 [1]. - 方正电机's shareholder 张敏 reduced holdings by 1,632,400 shares [1]. - 畅联股份's directors 徐峰 and 陈文晔 plan to reduce holdings by 0.57% and 0.20%, respectively [1]. - 中兰环保's shareholders 王广庆, 曹丽, and 李泉 plan to reduce holdings by 0.0375%, 0.2798%, and 0.0275%, respectively [1]. - 聚胶股份's director 沃金业 plans to reduce holdings by 0.01% [1]. - 浙江众成's executives 黄旭生 and 潘德祥 plan to reduce holdings by 0.0140% [1]. - 东方中科's shareholder 王戈 plans to reduce holdings by 0.51% [1]. - 海南瑞泽's vice president 于清池 plans to reduce holdings by no more than 0.02% [1].

Group 1 - The controlling shareholder of Hexing Packaging, Xinjiang Xinghui Ju Equity Investment Management Partnership, holds approximately 397 million shares, accounting for 32.73% of the total share capital of the company [1] - The shareholder plans to reduce its holdings by up to approximately 23.22 million shares within three months after the announcement, representing 1.91% of the total share capital [1] - The company's market capitalization is currently 4.5 billion yuan [3] Group 2 - For the first half of 2025, Hexing Packaging's revenue composition is entirely from the packaging manufacturing industry, with a 100% share [2]

Core Viewpoint - The controlling shareholder of the company plans to reduce its stake through block trading and/or centralized bidding within three months, potentially impacting the stock price and investor sentiment [1] Group 1 - The controlling shareholder, Xinjiang Xinghui Gathering Equity Investment Management Partnership, holds 397,173,280 shares, representing 32.73% of the total share capital of the company [1] - After excluding shares held in the company's repurchase account, the controlling shareholder's stake accounts for 34.21% of the adjusted total share capital [1] - The planned reduction involves a maximum of 23,220,298 shares, which is 1.91% of the total share capital or 2% of the adjusted total share capital [1]

Core Viewpoint - The controlling shareholder of Hexing Packaging (002228) plans to reduce its stake in the company by up to 23.22 million shares, representing 1.91% of the total share capital within three months through block trading or centralized bidding [1] Summary by Relevant Categories Shareholder Actions - The controlling shareholder, Xinjiang Xinghui Ju, intends to reduce its holdings by a maximum of 23.22 million shares [1] - This reduction accounts for 1.91% of the company's total share capital, or 2% when excluding shares held in the company's repurchase account [1]