Loncin Motor Co. Hits Day High with Strong 4.75% Intraday Surge

Loncin Motor Co., a prominent player in the automobile industry, has shown significant activity today, gaining 4.75% on February 24, 2026. The stock reached an intraday high of CNY 16.59, reflecting its strong performance against the backdrop of a declining China Shanghai Composite, which fell by 1.26% on the same day. Over the past week, Loncin Motor has increased by 6.91%, and its one-month performance stands at an impressive 12.74%. Year-to-date, the stock has risen by 2.73%, while its one-year performance showcases a remarkable 61.78% increase, significantly outperforming the China Shanghai Composite's 22.49% gain. The company has reported robust financial metrics, including a net sales growth of 19.39% for the first nine months, totaling CNY 14,469.24 million. Additionally, Loncin Motor's net profit for the half-year reached CNY 1,069.93 million, marking a substantial growth of 65.06%. With a return on equity of 16.81% and a price-to-book ratio of 2.64, the company maintains an attractive valuation in the market.