Longshine Technology Hits Day High with Strong 5.56% Intraday Surge

Longshine Technology Group Co., Ltd. has experienced a significant uptick in its stock performance, gaining 5.56% on February 26, 2026. The stock reached an intraday high of CNY 19.35, showcasing notable activity amid a broader market context where the China Shanghai Composite index declined by 1.26% on the same day. Over the past week, Longshine has outperformed the market with an 8.63% increase, while its one-month performance stands at 1.44%. Year-to-date, the stock has shown a robust gain of 24.92%, significantly surpassing the China Shanghai Composite's 2.85% return. In the last year, Longshine's stock has appreciated by 33.8%, compared to the index's 22.49%. Despite these positive short-term trends, the company faces challenges, including a decline in net sales and negative results reported over the last two quarters. Longshine's market capitalization is currently CNY 17,955 million, and it operates within the software products industry. The stock's performance metrics indicate a complex financial landscape, with a high dividend yield of 1.53% and a negative return on equity of -4.54%.