Chongqing Wangbian Electric Hits Day High with Strong 5.09% Intraday Surge

Chongqing Wangbian Electric (Group) Corp. has experienced a significant uptick in its stock performance, gaining 5.09% on February 26, 2026. The stock reached an intraday high of CNY 26.00, showcasing its strong activity in the market. Over the past week, Chongqing Wangbian Electric has demonstrated impressive growth, with a 11.64% increase, significantly outperforming the China Shanghai Composite, which saw a modest rise of 0.41%. The company's one-month performance stands at 27.74%, while its year-to-date performance is notable at 72.86%, compared to the China Shanghai Composite's 2.85%. Despite these short-term gains, the company has faced challenges in long-term growth metrics, with net sales increasing at an annual rate of 17.12% and operating profit declining by 28.17% over the past five years. The company has reported negative results for the last seven consecutive quarters, indicating ongoing financial pressures. Chongqing Wangbian Electric operates within the electronics and appliances sector, holding a market capitalization of CNY 4,340 million and a P/E ratio of 55.00.