OKE Precision Cutting Tools Hits Day High with 9.41% Surge Amid Market Decline

OKE Precision Cutting Tools Co., Ltd. has experienced a significant surge in its stock price, gaining 9.41% on February 26, 2026. The stock reached an intraday high of CNY 78.90, showcasing its strong performance relative to the broader market, as the China Shanghai Composite index declined by 1.26% on the same day. Over the past week, OKE Precision has demonstrated impressive growth, with a 26.88% increase, and a remarkable 66.06% rise over the past month. Year-to-date, the stock has achieved a substantial 127.78% gain, significantly outperforming the China Shanghai Composite's 2.85% return. In the last year, OKE Precision has generated a return of 237.88%, far exceeding the market's 22.49%. Despite these positive short-term performance indicators, the company has faced challenges in its long-term growth metrics, including a decline in net profit and operating profit over the past five years. The company's market capitalization stands at CNY 6,295 million, positioning it within the mid-cap sector of the industrial manufacturing industry.