I. Summary of stock price increases as at 13 april
On 13 april, the qingshan paper industry (600103) received 4. 0 yuan, an increase of 2. 30 per cent, with a turnover of 1,896 million yuan, a change of hands rate of 20. 80 per cent, a total market value of 8,963 million yuan, and a two-day cumulative increase of 21. 13 per cent. On that day's plate, the human atmosphere skyrocketed, and data from the same flower-to-hot list showed that it rose from 96th to 4th, with real-time heat of 101412. However, at 9:36 a. M., there was a drive-back, which fell by more than 2 per cent in five minutes. At 9. 36 a price of $4. 09 increased by 4. 60 per cent, and it fell by 0. 18 million, with a hand exchange rate of 792 per cent, a hand exchange rate of 1. 75. 3 million and a net main power inflow of -$51. 831 million。
Analysis of data at various levels
(i) financial aspects
1. Main financial resources: as of 13 april 2026, at 23:33, there was a net gross inflow of -107 million yuan, with a total of 441 million yuan being purchased, and a total of 549 million yuan being sold, an excess net inflow of -115 million yuan and a total net inflow of 7,7235 million yuan. According to the securities star, the main net outflow on 13 april was $166 million, or 8. 78 per cent of total transactions; the same data show a net outflow of $184 million from the main force (dde net, large net) and 2. 01 per cent from the main force (dde net, large net/flow unit), with the two municipalities ranking 5187/5196. This represents a significant outflow of capital on 13 april, with a significant increase in the number of active sales over active purchases. In the last three days, there has been a net inflow of main power - 1,414. 86 million, and the trend is not significant。
2. Travel funds: on 13 april, the net flow of money from the cruise was $6,327,200, or 3. 34 per cent of the total turnover。
3. Separated funds: on 13 april there was a net influx of 107 million yuan and a net inflow of 102 million yuan, while on 13 april there was an increase of 196 million yuan over yesterday。
(ii) technical aspects
Supporting position and pressure level: on 13/04/02, the support level was 3. 28 and the pressure level was 4. 30. The average transaction cost of the unit is $3. 82, which has recently gained popularity and increased concentration, and the current stock price is close to the front-stage support position of $3. 97, requiring attention to the backlash of the support position, which could trigger a downward spiral。
2. Macd and kdj indicators: 0. 085 as at 10/04/2000, 0. 122 as at 13/04/00, 97. 324 as at 10/04/2000 and 84. 367 as at 13/04/00。
(iii) background
1. Corporate fundamentals: the company is a state-owned enterprise, and the operator is the national investment commission of fujian province. San ming is a national high-tech enterprise, a multi-year supplier of avago. The 2025 semi-annual report shows that the company's light and electronics industry has deepened its layout, resulting in a loss-and-loss gain, that the shenzhen shenzhen shenzhen shenzhen subsidiary has tested a small batch of 400g products, that the 800g-ray module has been completed and is in the sample trial stage, and that there has been a significant increase in the sale of electrical products. Between january and september 2025, a profit of rmb 1,768 million was collected, a decrease of 11. 87 per cent over the same period, and net profit to the mother of rmb 64. 9891 million, a decrease of 25. 07 per cent over the same period. The cumulative distribution of a shares was $321 million and that of a over the past three years was $175 million. As of 30 september 2025, the hong kong central clearing company (hkcl) was the fifth largest active shareholder, holding 1. 0744 million shares, a decrease of 4. 122 million over the previous period。
2. Industry developments and recent corporate events: on 10 april, the paper industry in qingshan grew and had a 4. 16 per cent turnover rate of $360 million. The data from the long tiger list show that the ministry seats totaled a net buy of 190 million yuan, and that there was a net inflow of 270 million yuan in the current year. Of this total, there was a net inflow of 297 million yuan in the current year。
Analysis of future trends
(i) facilitating factors
1. Conceptual topics: differentiating factors relate to concepts such as the cross-straits, 5g, data centres, which may attract financial attention and provide potential incentives for stock price increases。
2. Industrial layout: the company's optical and electronics industry deepened, with a loss-and-loss gain achieved by 2025, the shenzhen shenzhen shenzhen shenzhen subsidiary's 400g product was tested in small quantities, the 800g-ray module was completed into the sample trial phase, and there was a significant increase in the sale of electrical products, which, if well developed, was expected to improve company performance and have a positive impact on stock prices。
3. Pipeline: the recent preference and increasing concentration of the unit suggests that market interest in it has increased and may contribute to further stock price increases。
(ii) disadvantages
1. Main financial outflows: the main financial outflows on 13 april were significant and negative, the primary net inflows were negative in the past three days, the dominant trends were not significant and the main sales were more suspicious and could put a strain on stock prices。
2. Declining performance: a decline in the ratio of net profits earned and returned to the mother in january-september 2025 would have a negative impact on equity prices if subsequent performance did not improve。
3. Market risk: stock markets are volatile, support and pressure levels change as market conditions evolve, and if equity prices fall, they may trigger a decline。
Summary and recommendations
Taken together, stock prices rose on 13 april in the qingshan paper industry, but major financial outflows were significant and future trends were uncertain. Investors need to focus on the development of the company's photovoltaic industry, subsequent performance and changes in the overall market environment. At the same time, careful attention is paid to the performance of stock prices at the supporting and stress levels, and if stock prices break the supporting position, investors are advised to exercise reasonable control over the position and exercise caution。
