Jiangsu Fasten Soars 9.95% to Day High Amid Market Decline

Jiangsu Fasten Co., Ltd., a small-cap player in the industrial manufacturing sector, has experienced a significant surge in its stock price, gaining 9.95% on February 25, 2026. The stock reached an intraday high of CNY 7.29, marking a notable performance against the backdrop of the China Shanghai Composite, which declined by 1.26% on the same day. Over the past week, Jiangsu Fasten has shown impressive momentum, with a 20.9% increase, and a remarkable 32.07% rise over the past month. Year-to-date, the stock has delivered a robust performance of 43.79%, significantly outperforming the broader market index, which has only seen a 2.85% gain. Despite these positive short-term trends, the company faces challenges, including a history of operating losses and a high debt-to-equity ratio. The firm has reported negative results for six consecutive quarters, highlighting underlying financial pressures. Nevertheless, the recent stock activity reflects a sharp contrast to its long-term fundamentals, which have shown poor growth in net sales and operating profit over the past five years.