Fujian Qingshan Paper warns investors after abnormal share price surge

Fujian Qingshan Paper Industry Co., Ltd. announced abnormal stock trading, with its share price deviating by over 20% across two distinct three-day periods: September 5-9 and September 10-12, 2025. Cumulatively, since September 1, 2025, the company's stock price has increased by 66.53%. Since September 9, 2025, the stock has hit its daily limit for four consecutive trading days, with a daily turnover rate of 14.03%.

The company highlighted that its stock closed at CNY 4.18 per share on September 12, 2025, with a static price-to-earnings ratio of 110.52. This is significantly higher than the industry average of 100.47 for the paper and paper products sector, as reported by CSI Indices Co., Ltd. The company also confirmed that its production and operations remain normal.

Fujian Qingshan Paper clarified that its subsidiary, Shenzhen Hengbaotong Optoelectronics Co., Ltd., posted a net profit of CNY 2.099m in the first half of 2025, which constitutes a minor portion of the parent company's net profit and does not significantly impact its main business. The company's board, controlling shareholder, and actual controller have confirmed no undisclosed major information or share trading during the abnormal fluctuation period.