Group 1 - Hengfeng Paper Industry's stock increased by 5.58%, reaching 9.27 CNY per share, with a trading volume of 29.88 million CNY and a turnover rate of 1.09%, resulting in a total market capitalization of 2.769 billion CNY [1] - The company, established on March 6, 1994, and listed on April 19, 2001, specializes in the production and sale of specialty papers, including cigarette paper, filter rod paper, and aluminum foil lining paper [1] - The revenue composition of Hengfeng Paper Industry includes 65.48% from tobacco industrial paper, 15.50% from other paper types, 11.75% from mechanical gloss paper, 6.08% from thin printing paper, and 1.19% from other sources [1] Group 2 - The top circulating shareholder of Hengfeng Paper Industry includes a fund from China Asset Management, specifically the Jiao Yin National Enterprise Reform Flexible Allocation Mixed A Fund (519756), which entered the top ten shareholders in the third quarter with 5.6999 million shares, accounting for 1.91% of circulating shares [2] - The Jiao Yin National Enterprise Reform Flexible Allocation Mixed A Fund has a current size of 1.833 billion CNY, with a year-to-date return of 8.31%, ranking 5838 out of 8130 in its category, and a one-year return of 8.86%, ranking 6012 out of 8054 [2]

Core Viewpoint - Hengfeng Paper's stock price has experienced fluctuations, with a year-to-date increase of 22.77% but a recent decline in the last five and twenty trading days [1][2]. Company Overview - Hengfeng Paper, established on March 6, 1994, and listed on April 19, 2001, is located in Mudanjiang, Heilongjiang Province. The company specializes in the production and sale of specialty papers, including cigarette paper, filter rod paper, and aluminum foil lining paper [1]. - The revenue composition of Hengfeng Paper includes 65.48% from tobacco industrial paper, 15.50% from other paper types, 11.75% from mechanical gloss paper, 6.08% from thin printing paper, and 1.19% from other sources [1]. Financial Performance - As of September 30, 2025, Hengfeng Paper reported a revenue of 2.039 billion yuan, reflecting a year-on-year growth of 6.29%. The net profit attributable to shareholders was 148 million yuan, marking a significant increase of 34.76% compared to the previous year [2]. - The company has distributed a total of 680 million yuan in dividends since its A-share listing, with 115 million yuan distributed over the past three years [3]. Shareholder Information - As of September 30, 2025, the number of shareholders for Hengfeng Paper was 14,600, a decrease of 12.06% from the previous period. The average circulating shares per person increased by 13.71% to 20,445 shares [2]. - Notable new institutional shareholders include the Jiangyin State-owned Enterprise Reform Flexible Allocation Mixed A Fund, which holds 5.6999 million shares, and the招商量化精选股票发起式A Fund, holding 4.3094 million shares [3].

Core Viewpoint - Hengfeng Paper's stock price has shown significant growth this year, with a year-to-date increase of 33.42%, despite a slight decline in the last five trading days [2]. Group 1: Stock Performance - As of September 4, Hengfeng Paper's stock price rose by 2.04% to 10.02 CNY per share, with a trading volume of 70.27 million CNY and a turnover rate of 2.38%, resulting in a total market capitalization of 2.993 billion CNY [1]. - The stock has experienced a 0.79% decline over the last five trading days, a 9.87% increase over the last 20 days, and a 25.56% increase over the last 60 days [2]. Group 2: Financial Performance - For the first half of 2025, Hengfeng Paper reported a revenue of 1.353 billion CNY, representing a year-on-year growth of 12.78%, and a net profit attributable to shareholders of 94.94 million CNY, which is a 69.06% increase compared to the previous year [2]. Group 3: Shareholder Information - As of June 30, 2025, the number of shareholders for Hengfeng Paper was 16,600, a decrease of 4.78% from the previous period, with an average of 17,980 circulating shares per shareholder, an increase of 5.02% [2]. - The company has distributed a total of 680 million CNY in dividends since its A-share listing, with 115 million CNY distributed over the last three years [3]. Group 4: Institutional Holdings - As of June 30, 2025, among the top ten circulating shareholders, CITIC Prudential Multi-Strategy Mixed Fund (LOF) A is the fifth largest shareholder with 3.2173 million shares, marking its entry as a new shareholder [4].

Group 1 - Hengfeng Paper Industry's stock price dropped by 5.05% to 9.59 CNY per share, with a trading volume of 105 million CNY and a turnover rate of 3.59%, resulting in a total market capitalization of 2.865 billion CNY [1] - The company, established on March 6, 1994, and listed on April 19, 2001, specializes in the production and sale of specialty papers, including cigarette paper, filter rod paper, and aluminum foil lining paper [1] - The revenue composition of Hengfeng Paper Industry includes 65.48% from tobacco industrial paper, 15.50% from other paper types, 11.75% from mechanical gloss paper, 6.08% from thin printing paper, and 1.19% from other sources [1] Group 2 - CITIC Prudential Fund's multi-strategy mixed fund (LOF) A (165531) entered the top ten circulating shareholders of Hengfeng Paper Industry in the second quarter, holding 3.2173 million shares, which is 1.08% of the circulating shares [2] - The fund has a current scale of 1.245 billion CNY and has achieved a return of 37.35% this year, ranking 1437 out of 8189 in its category; over the past year, it has returned 74.93%, ranking 1063 out of 7969 [2] - The fund manager, Jiang Feng, has a tenure of 5 years and 139 days, with a total asset scale of 5.782 billion CNY, achieving a best return of 112.1% during his tenure [2]