Fangda Special Steel Hits Day High with 4.97% Surge Amid Market Decline

Fangda Special Steel Technology Co. has experienced a significant uptick in its stock performance, gaining 4.97% on February 26, 2026. The stock reached an intraday high of CNY 7.02, showcasing its strong market activity. This performance stands in contrast to the broader market, as the China Shanghai Composite index declined by 1.26% on the same day. Over the past week, Fangda has shown a robust increase of 11.7%, and its one-month performance reflects an 8.91% rise. Impressively, the stock has delivered a remarkable 62.09% return over the past year, significantly outperforming the China Shanghai Composite's 22.49% gain. Despite these positive short-term trends, the company faces challenges in long-term growth, with net sales declining at an annual rate of -0.29% over the last five years. The current market capitalization stands at CNY 13,999 million, and the stock exhibits a price-to-earnings ratio of 30.00. With a dividend yield of 0.55%, Fangda Special Steel Technology Co. continues to navigate a complex financial landscape while achieving notable daily performance.