Chongqing Millison Technologies Hits Day High with 8.55% Surge

Chongqing Millison Technologies, Inc. has experienced a significant uptick in its stock performance, gaining 8.55% on May 28, 2026. The stock reached an intraday high of CNY 61.50, marking a notable achievement for the small-cap industrial manufacturing company. In terms of performance metrics, Chongqing Millison has shown impressive year-to-date growth of 74.47%, significantly outpacing the China Shanghai Composite's 3.27% during the same period. Over the past year, the stock has surged by 139.4%, while the broader index has only managed a 22.72% increase. Despite these short-term gains, the company faces challenges in profitability, as indicated by a low Return on Capital Employed (ROCE) of 1.88% and a Return on Equity (ROE) of -22.91%. Additionally, the company has reported negative results for the last seven consecutive quarters, with a net profit of CNY -404.44 million. Chongqing Millison Technologies remains net-debt free, but its long-term growth prospects appear constrained, with net sales growing at an annual rate of 21.60% and operating profit declining sharply. The stock's performance today highlights the volatility and complexities surrounding its financial health.