Loncin Motor Hits Day High with Strong 4.35% Intraday Surge

Loncin Motor Co., a prominent player in the automobile industry, has experienced a notable surge in its stock price, gaining 4.35% on March 6, 2026. The stock reached an intraday high of CNY 15.82, reflecting strong market activity. Over the past year, Loncin Motor has demonstrated impressive performance, with a remarkable 49.14% increase, significantly outperforming the China Shanghai Composite, which recorded a 21.98% rise during the same period. The company has consistently delivered positive financial results, showcasing a robust operating cash flow of CNY 3,692.23 million and a net profit growth of 65.06% to CNY 1,069.93 million. With a return on equity of 16.81% and a price-to-book ratio of 2.64, Loncin Motor maintains an attractive valuation. The stock has also provided a high dividend yield of 3.3%, further enhancing its appeal. Despite a slight decline of 3.17% year-to-date, Loncin Motor's three-year performance stands out with an impressive 188.89% increase, underscoring its resilience and strong market position within the large-cap segment of the automobile industry.