中證(zheng)網(wang)訊 晨(chen)鳴紙(zhi)業（000488）4月15日晚發(fa)(fa)布《2016年度非(fei)公(gong)開(kai)(kai)(kai)發(fa)(fa)行(xing)(xing)股(gu)(gu)票預案》稱，擬以7.53元/股(gu)(gu)的(de)發(fa)(fa)行(xing)(xing)價格向包括上(shang)(shang)市公(gong)司控(kong)股(gu)(gu)股(gu)(gu)東晨(chen)鳴控(kong)股(gu)(gu)在內的(de)不(bu)超(chao)過10名(ming)(ming)（含(han)(han)10名(ming)(ming)）特定投資者次非(fei)公(gong)開(kai)(kai)(kai)發(fa)(fa)行(xing)(xing)A股(gu)(gu)股(gu)(gu)票不(bu)超(chao)過1,062,416,999股(gu)(gu)（含(han)(han)1,062,416,999股(gu)(gu)），上(shang)(shang)市公(gong)司控(kong)股(gu)(gu)股(gu)(gu)東晨(chen)鳴控(kong)股(gu)(gu)擬以不(bu)少于(yu)200,000萬元（含(han)(han)200,000萬元）人民幣(bi)認購本次非(fei)公(gong)開(kai)(kai)(kai)發(fa)(fa)行(xing)(xing)的(de)股(gu)(gu)份。

　　本次非公開發行(xing)(xing)股(gu)票募(mu)集資(zi)金總額不(bu)超過(guo)800,000萬(wan)(wan)(wan)元(yuan)（含800,000萬(wan)(wan)(wan)元(yuan)），扣除發行(xing)(xing)費用(yong)后擬(ni)全(quan)部投入以下項目：年產40萬(wan)(wan)(wan)噸漂白(bai)硫酸鹽(yan)化學木(mu)漿項目擬(ni)使用(yong)募(mu)集資(zi)金370,000萬(wan)(wan)(wan)元(yuan)，增資(zi)晨鳴租賃擬(ni)使用(yong)募(mu)集資(zi)金330,000萬(wan)(wan)(wan)元(yuan)，補充流動資(zi)金100,000萬(wan)(wan)(wan)元(yuan)。

　　由于本次發行(xing)對象中包括上市公司控股股東晨鳴控股，因此本次發行(xing)構(gou)成關聯(lian)交易。

　　公(gong)司股(gu)票將于2016年4月18日開市起復牌(pai)。

　　公(gong)(gong)告表示，本次非公(gong)(gong)開發行(xing)募(mu)集資(zi)(zi)(zi)金(jin)將用于投資(zi)(zi)(zi)年產40萬噸漂白硫酸鹽化(hua)學(xue)木漿(jiang)項(xiang)(xiang)目、增(zeng)資(zi)(zi)(zi)晨鳴租(zu)賃及(ji)補(bu)充(chong)流動(dong)資(zi)(zi)(zi)金(jin)項(xiang)(xiang)目，有利于擴大(da)上(shang)(shang)市(shi)公(gong)(gong)司(si)業(ye)務(wu)規(gui)模，改(gai)善(shan)上(shang)(shang)市(shi)公(gong)(gong)司(si)資(zi)(zi)(zi)產負債表，提升公(gong)(gong)司(si)經營成果。本次發行(xing)后(hou)(hou)，上(shang)(shang)市(shi)公(gong)(gong)司(si)將淘(tao)汰現(xian)有落后(hou)(hou)產能(neng)(neng)的(de)制漿(jiang)能(neng)(neng)力，采用新(xin)技術、新(xin)工藝及(ji)先進的(de)裝備，在保(bao)護環境(jing)中謀求發展；增(zeng)資(zi)(zi)(zi)晨鳴租(zu)賃項(xiang)(xiang)目符合上(shang)(shang)市(shi)公(gong)(gong)司(si)戰略發展的(de)需要，有利于優化(hua)上(shang)(shang)市(shi)公(gong)(gong)司(si)業(ye)務(wu)結構，提升公(gong)(gong)司(si)抗風(feng)險(xian)能(neng)(neng)力。但(dan)公(gong)(gong)告也(ye)表示，本次發行(xing)完(wan)成后(hou)(hou)，上(shang)(shang)市(shi)公(gong)(gong)司(si)股本總額將增(zeng)加(jia)，而募(mu)集資(zi)(zi)(zi)金(jin)投資(zi)(zi)(zi)項(xiang)(xiang)目在短期內無法(fa)即時產生效(xiao)益(yi)，因此，上(shang)(shang)市(shi)公(gong)(gong)司(si)的(de)凈資(zi)(zi)(zi)產收(shou)益(yi)率(lv)短期內存在下降的(de)可能(neng)(neng)。

　　銀河證券(quan)近日(ri)發(fa)布的(de)(de)研報(bao)表示，晨(chen)鳴紙(zhi)(zhi)業(ye)(ye)(ye)(ye)(ye)已(yi)構(gou)建由融(rong)資租賃公(gong)(gong)(gong)司(si)、財務公(gong)(gong)(gong)司(si)、投資公(gong)(gong)(gong)司(si)、新(xin)三板投資基金(jin)等組(zu)成的(de)(de)金(jin)融(rong)板塊(kuai)，通過融(rong)資租賃公(gong)(gong)(gong)司(si)的(de)(de)售后回購業(ye)(ye)(ye)(ye)(ye)務和財務公(gong)(gong)(gong)司(si)的(de)(de)信貸業(ye)(ye)(ye)(ye)(ye)務，已(yi)成為(wei)上市公(gong)(gong)(gong)司(si)新(xin)的(de)(de)利(li)潤增長(chang)點。該研報(bao)認為(wei)，晨(chen)鳴紙(zhi)(zhi)業(ye)(ye)(ye)(ye)(ye)多元化金(jin)融(rong)布局已(yi)初步到位，未來業(ye)(ye)(ye)(ye)(ye)績(ji)增長(chang)可期。另一方面，受益于行業(ye)(ye)(ye)(ye)(ye)供(gong)給側(ce)改革，環保標(biao)準提高以及政府加大關閉落后產能，晨(chen)鳴紙(zhi)(zhi)業(ye)(ye)(ye)(ye)(ye)作為(wei)行業(ye)(ye)(ye)(ye)(ye)龍頭已(yi)彰顯出(chu)其規模優勢(shi)。而國際(ji)紙(zhi)(zhi)漿原料(liao)價格下降(jiang)，熱電等生(sheng)產成本下降(jiang)使得上市公(gong)(gong)(gong)司(si)造(zao)紙(zhi)(zhi)業(ye)(ye)(ye)(ye)(ye)務的(de)(de)盈利(li)能力上升。該研報(bao)表示繼續看(kan)好雙主業(ye)(ye)(ye)(ye)(ye)驅動(dong)下晨(chen)鳴紙(zhi)(zhi)業(ye)(ye)(ye)(ye)(ye)的(de)(de)業(ye)(ye)(ye)(ye)(ye)績(ji)快速(su)提升。