SUN PAPER(SZ:002078) Xin Lang Cai Jing·2025-10-16 05:52Core Viewpoint - Sun Paper Industry's stock has experienced a decline in recent trading sessions, with a notable drop in both share price and trading volume, indicating potential investor concerns about the company's performance and market conditions [1][2]. Company Overview - Sun Paper Industry, established on April 26, 2000, and listed on November 16, 2006, is located in Yanzhou District, Jining City, Shandong Province. The company specializes in the production and sales of various paper products, including mechanical paper, paper products, wood pulp, and paperboard [1]. - The company's revenue composition includes: 27.32% from corrugated boxboard, 21.99% from double offset paper, 10.55% from coated paper, and other paper products contributing to the remaining revenue [1]. Financial Performance - For the first half of 2025, Sun Paper Industry reported a revenue of 19.113 billion yuan, a year-on-year decrease of 6.87%. However, the net profit attributable to shareholders increased by 1.26% to 1.780 billion yuan [2]. - The company has distributed a total of 4.915 billion yuan in dividends since its A-share listing, with 2.236 billion yuan distributed over the past three years [3]. Shareholder Information - As of June 30, 2025, the number of shareholders for Sun Paper Industry increased to 39,900, reflecting a 10.73% rise. The average number of circulating shares per shareholder decreased by 9.58% to 69,610 shares [2]. - The top ten circulating shareholders include significant institutional investors, with Hong Kong Central Clearing Limited holding 47.5613 million shares, a decrease of 88,200 shares from the previous period [3].