Sansteel MinGuang Hits Day High with Strong 5.39% Intraday Surge

Sansteel MinGuang Co., Fujian has experienced a notable increase of 5.39% on February 25, 2026, reaching an intraday high of CNY 4.65. This performance stands in contrast to the China Shanghai Composite, which declined by 1.26% on the same day. Over the past week, Sansteel MinGuang has shown a robust gain of 7.66%, while the broader index has only managed a slight increase of 0.41%. Despite a challenging long-term growth trajectory, with net sales declining at an annual rate of 1.87% and operating profit down by 58.76% over the last five years, the company reported a significant pre-tax profit of CNY 101.17 million, marking a year-on-year growth of 124.64%. Additionally, raw material costs have decreased by 133.16% year-over-year, contributing to a net profit of CNY 74.21 million, the highest recorded. Sansteel MinGuang operates within the ferrous metals industry and holds a market capitalization of CNY 10,154 million. The company’s return on equity stands at 1.13%, reflecting its current profitability challenges.