Jinan Shengquan Stock Hits Day High with Strong 10% Surge

Jinan Shengquan Group Share Holding Co., Ltd., a prominent player in the FMCG sector, has experienced a significant surge in its stock price, gaining 10.0% on June 2, 2026. The stock reached an intraday high of CNY 54.12, reflecting strong performance metrics compared to the broader market. Over the past week, Jinan Shengquan has outperformed the China Shanghai Composite, with a remarkable 20.27% increase, while the index saw a decline of 1.7%. In the past month, the stock has shown a robust growth of 38.49%, and its year-to-date performance stands at an impressive 91.24%, significantly surpassing the composite index's 2.68%. Over the last year, Jinan Shengquan's stock has nearly doubled, with a 100.89% increase, while the China Shanghai Composite has only risen by 21.74%. Despite these short-term gains, the company has faced challenges in long-term growth, with net sales and operating profit growing at annual rates of 5.51% and 7.75%, respectively, over the last five years. The current market capitalization stands at CNY 32,762 million, with a P/E ratio of 27.00.