Ningbo Zhenyu Technology Hits Day Low Amid Price Pressure at CNY 171.39

Ningbo Zhenyu Technology Co., Ltd. experienced a notable decline today, with the stock dropping by 5.03% on February 24, 2026. The stock reached an intraday low of CNY 171.39, reflecting a challenging trading session. Over the past week, the stock has decreased by 2.63%, contrasting with a slight gain of 0.41% in the China Shanghai Composite index. Despite today's downturn, Ningbo Zhenyu has shown resilience over the longer term, boasting a remarkable 81.82% increase over the past year, significantly outperforming the China Shanghai Composite's 22.49% gain. The company's strong financial performance is underscored by a net profit growth of 74.72% and a substantial increase in operating cash flow. With a market capitalization of CNY 22,331 million, Ningbo Zhenyu operates within the industrial manufacturing sector and maintains a price-to-earnings ratio of 88.00. The company has consistently reported positive results for the last five quarters, indicating a solid operational foundation despite today's market fluctuations.