Loncin Motor Co. Stock Hits Day Low of CNY 13.51 Amid Price Pressure

Loncin Motor Co., a prominent player in the automobile industry, experienced a notable decline today, with its stock price dropping by 5.47% on March 23, 2026. The stock reached an intraday low of CNY 13.51, reflecting a challenging trading session. In comparison to the broader market, Loncin's performance has been under pressure, with a weekly decline of 11.76% and a monthly drop of 12.21%. Year-to-date, the stock has decreased by 15.21%, contrasting sharply with its impressive annual performance of 28.02%, which outpaced the China Shanghai Composite's 13.33% growth over the same period. Despite the recent downturn, Loncin Motor Co. has demonstrated strong financial fundamentals, including a significant increase in net sales and net profit over the past quarters. The company reported a robust operating cash flow of CNY 3,692.23 million and a return on equity of 16.81%. With a market capitalization of CNY 31,953 million, Loncin continues to maintain a solid position within the large-cap segment of the market.