JINGXING PAPER(SZ:002067) Xin Lang Cai Jing·2026-01-19 06:32Group 1 - The core viewpoint of the news is that Jingxing Paper (SZ002067) reached its daily limit up, with a price of 5.94 yuan, reflecting a 10% increase and a total market capitalization of 8.761 billion yuan [1] Group 2 - The reasons for the stock surge include the redemption of convertible bonds, share buyback, and capacity expansion. The company has seen its stock price exceed the conversion price by 130% for 15 consecutive trading days, triggering the redemption clause, indicating positive market sentiment towards the company's future [2] - The company announced a significant share buyback plan of 80 million to 150 million yuan, with a buyback price cap of 4 yuan per share, which is above the current market price, signaling management's recognition of the company's value [2] - The second phase of the company's 600,000-ton boxboard project in Malaysia represents a major capacity expansion, aligning with its long-term development strategy. The paper industry has seen some companies issuing price increase notices, suggesting a market recovery, which may have contributed to the stock's performance [2] - Technical indicators show a bullish trend for the stock, with the MACD indicating a potential golden cross and the K-line breaking through short-term moving average resistance, suggesting strong short-term buy signals [2] - There was significant net inflow of funds into the paper sector on the day of the stock surge, with multiple stocks in the sector showing active price movements, indicating a collective positive market response [2]