The A-share paper sector fluctuated repeatedly, with Kaien Co., Ltd. hitting the daily limit. Bohui Paper, Sun Paper, Wuzhou Special Paper, and Yibin Paper followed the upward trend. On the news front, the onshore and offshore RMB exchange rate against the US dollar once broke through the 6.91 mark during intraday trading. The appreciation of the RMB may help reduce the foreign trade procurement costs of paper companies and optimize profitability.