Fujian Qingshan Paper Industry Co Ltd – Recent Market Activity

1. Market Performance

  • Closing price (2025‑09‑11): 4.18 CNH
  • 52‑week high: 4.18 CNH
  • 52‑week low: 1.66 CNH
  • Market capitalisation: 5.22 billion CNH
  • Price‑earnings ratio: 96.87

During the week of 8 – 12 September, the Shanghai Composite index rose 1.52 %, the CSI 300 index increased 2.65 %, and the STAR Market index climbed 2.10 %. Fujian Qingshan Paper Industry (stock code 600103) was among the most active shares, registering six consecutive days of price‑limit rises (涨停) and a cumulative gain of nearly 80 % over ten trading days.

2. Share Price Surge

  • The company achieved six daily limit‑up sessions between 4 – 12 September, a record for the period.
  • The stock’s market value expanded from 5.3 billion CNH to 9.4 billion CNH, reflecting a 78 % increase.
  • During this period, the share price climbed to 4.18 CNH, its 52‑week high.

3. Sub‑Company Disclosure

Fujian Qingshan Paper Industry disclosed that its wholly‑owned subsidiary, Shenzhen Hengbao Tong Light‑Electronics (stock code 832449), recorded a net profit of 2.099 million CNH for the first half of 2025. This figure represents a negligible portion of the parent company’s consolidated earnings and is not expected to materially affect the core business operations.

4. Risk Alerts

On 12 September, the company issued a risk‑warning notice. The statement emphasized that the recent price acceleration could reverse, and that the company remains in an operating loss position. The notice highlighted that the subsidiary’s equity stake in Hengbao Tong (approximately 0.3 %) is minimal.

5. Context within the Sector

  • Industry classification: Paper & Forest Products.
  • Primary business activities: Production of paper bags, paper cardboards, and paper pulp; manufacture of alkali, electro‑optical products, fine chemicals, and pharmaceutical products; electricity generation; general merchandise trading; forestry services.
  • Comparable peers: The company’s performance has been juxtaposed with other material‑sector stocks such as Industrial Fujian and Beijing‑based paper manufacturers, which have also experienced notable price movements in September.

6. Investor Takeaway

The stock’s recent surge, combined with the risk‑warning notice, suggests heightened speculative interest but also a need for caution given the company’s current loss status. Investors should monitor the company’s financial reports and any further disclosures regarding its subsidiary operations and profitability trends.