CETC Chips Technology Hits Day Low at CNY 17.77 Amid Price Pressure

CETC Chips Technology, Inc., a large-cap player in the Electronics & Appliances sector, experienced significant volatility on March 3, 2026, with its stock price declining by 7.1%. The stock reached an intraday low of CNY 17.77, reflecting a challenging day in the market. Over the past week, CETC has seen a decrease of 7.73%, while its performance over the last month has dropped by 17.64%. In contrast, the China Shanghai Composite index has shown a modest decline of 1.26% for the day and a slight gain of 0.41% over the week. Despite a notable annual performance increase of 42.32%, CETC's recent financial metrics indicate a decline in net sales by 17.02% and a significant drop in pre-tax profit, which fell by 95.82%. The company's return on equity stands at a low 1.57%, and it has reported negative results for four consecutive quarters. With a market capitalization of CNY 22,627 million, CETC continues to navigate a challenging financial landscape.