Loncin Motor Co. Hits Day Low of CNY 14.84 Amid Price Pressure

Loncin Motor Co., a prominent player in the automobile industry, experienced a notable decline of 3.17% on March 3, 2026, reaching an intraday low of CNY 14.84. This performance contrasts with the China Shanghai Composite, which fell by 1.26% on the same day. Over the past week, Loncin's stock has seen a more significant drop of 9.67, while its monthly performance shows a slight decrease of 1.32%. Despite the recent downturn, Loncin Motor Co. has demonstrated strong financial metrics over the past year, boasting a remarkable 44.86% increase in stock value compared to the China Shanghai Composite's 22.49% gain. The company has consistently reported positive results for five consecutive quarters, with a notable operating cash flow of CNY 3,692.23 million and a net profit growth of 65.06% in the first half of the year. With a market capitalization of CNY 31,953 million and a return on equity of 17.95%, Loncin Motor Co. maintains a solid position in the market, despite the recent fluctuations in its stock price.