Guangdong Mingyang Electric Hits Day High with 15.2% Surge

Guangdong Mingyang Electric Co., Ltd. has experienced significant activity today, with the stock surging by 15.2% on February 24, 2026. The stock reached an intraday high of CNY 61.84, showcasing its strong performance in the market. In comparison to the China Shanghai Composite, which declined by 1.26% on the same day, Guangdong Mingyang Electric's performance stands out. Over the past week, the stock has risen by 37.28%, and its one-month performance shows a gain of 27.16%. Year-to-date, the stock has delivered an impressive return of 45.49%, significantly outperforming the broader market's 2.85% increase. The company's financial metrics reflect a solid position within the electronics and appliances industry. With a return on equity of 15.14% and a price-to-book ratio of 1.73, Guangdong Mingyang Electric demonstrates attractive valuation characteristics. Additionally, the company has reported a profit increase of 34% over the past year, further solidifying its market position. The stock's high dividend yield of 1.53% adds to its appeal among investors.