Chongyi Zhangyuan Tungsten Hits Day High with 6.94% Surge

Chongyi Zhangyuan Tungsten Co., a prominent player in the Minerals & Mining industry, has experienced a significant surge in its stock price, gaining 6.94% on March 6, 2026. The stock reached an intraday high of CNY 45.98, reflecting strong market activity. Over the past year, Chongyi Zhangyuan has delivered an impressive return of 567.16%, significantly outperforming the China Shanghai Composite, which recorded a 21.98% increase during the same period. The company's robust performance is underscored by a notable growth in net sales of 21.94% reported in September 2025. Key financial metrics highlight its operational strength, with an operating cash flow reaching CNY 753.68 million and a return on capital employed (ROCE) of 9.91%. Additionally, the inventory turnover ratio stands at 2.72 times, indicating efficient inventory management. Chongyi Zhangyuan's market capitalization is CNY 36,487 million, positioning it as a large-cap entity. The stock's price-to-earnings ratio is 83.00, and it boasts a dividend yield of 0.24%. Overall, the company has demonstrated consistent performance across various time frames, solidifying its status in the market.