Gansu Jiu Steel Hits Day High with Strong 6.59% Intraday Surge

Gansu Jiu Steel Group Hongxing Iron & Steel Co., Ltd. has experienced a significant uptick in its stock performance, gaining 6.59% on February 25, 2026. The stock reached an intraday high of CNY 2.00, marking a notable achievement in a challenging market environment. In comparison to the broader market, Gansu Jiu Steel's one-day performance stands out against the China Shanghai Composite, which declined by 1.26%. Over the past week, the company has shown a robust increase of 10.23%, while its one-year performance reflects a solid gain of 29.33%, outperforming the composite index's 22.49% rise. Despite these positive short-term trends, the company faces long-term challenges, including a high debt-to-equity ratio of 4.68 and a negative return on equity of -20.29%. Additionally, Gansu Jiu Steel has reported negative results for the last six consecutive quarters, indicating ongoing financial pressures. The stock's performance metrics suggest a complex landscape for investors as the company navigates its operational hurdles within the ferrous metals industry.