Shandong Ruifeng Chemical Hits Day High with 7.41% Surge in Stock Price

Shandong Ruifeng Chemical Co. has experienced a significant uptick in its stock performance, gaining 7.41% on June 2, 2026. The stock reached an intraday high of CNY 20.27, showcasing its strong market activity. Over the past year, Shandong Ruifeng has delivered impressive returns of 96.37%, significantly outperforming the China Shanghai Composite, which recorded a gain of 21.74% during the same period. The company's financial metrics indicate robust growth, highlighted by a remarkable 239.56% increase in net profit reported on March 26. Additionally, Shandong Ruifeng has maintained positive results for the last two consecutive quarters. The operating cash flow reached its highest at CNY 160.71 million, while raw material costs have decreased by 61.27% year-over-year, contributing to improved profitability. Despite a high price-to-earnings ratio of 508.00, the company has demonstrated resilience in the market, with a year-to-date performance of 91.85%. Shandong Ruifeng's market capitalization stands at CNY 3,400 million, positioning it as a small-cap player in the other industrial products sector.