Delong Composite Energy Hits Day High with 10% Surge in Stock Price

Delong Composite Energy Group Co., Ltd. has experienced a significant surge in its stock performance, gaining 10.0% on June 15, 2026. The stock reached an intraday high of CNY 22.67, reflecting strong activity in the market. Over the past week, Delong Composite has outperformed the China Shanghai Composite Index, with a weekly gain of 13.41% compared to the index's 3.46%. In terms of long-term performance, Delong Composite has shown remarkable growth, with a one-year increase of 282.94%, significantly surpassing the China Shanghai Composite's 21.31% gain. Year-to-date, the stock has risen by 102.41%, indicating robust momentum. However, the company has faced challenges in terms of long-term growth, with net sales increasing at an annual rate of only 0.55% over the last five years. Despite these challenges, Delong Composite maintains a net-debt-free status and has generated a return on equity of 3.60%. The company's market capitalization stands at CNY 5,593 million, positioning it within the mid-cap segment of the gas industry.