Gansu Energy Chemical Hits Day Low of CNY 2.66 Amid Price Pressure

Gansu Energy Chemical Co., Ltd. experienced a notable decline in its stock performance today, with a decrease of 3.93% as of June 9, 2026. The stock reached an intraday low of CNY 2.66, reflecting ongoing challenges within the company. In terms of performance metrics, Gansu Energy's one-day performance contrasts sharply with the China Shanghai Composite, which rose by 1.28%. Over the past week, the stock has fallen by 5.94%, while the composite index declined by 1.6%. On a monthly basis, Gansu Energy's performance shows a decrease of 3.58%, compared to a slight drop of 4.07% for the composite index. Despite a year-to-date performance of 16.45%, which outpaces the composite's 1.04%, Gansu Energy has faced significant long-term hurdles. The company has reported negative results for the last 12 consecutive quarters, with a net profit decline of 56.79% and an operating cash flow at its lowest point of CNY 928.93 million. The stock's current trading position indicates a high dividend yield of 3.01%, but it is accompanied by a concerning return on equity of -1.40%.