Shenzhen Hemei Group Hits Day High with 10.07% Surge in Stock Price

Shenzhen Hemei Group Co., a small-cap player in the footwear industry, has experienced a notable surge today, gaining 10.07% as of June 1, 2026. The stock reached an intraday high of CNY 3.28, marking a significant milestone in its daily performance. This uptick stands in contrast to the broader market, with the China Shanghai Composite index declining by 0.27% on the same day. Over the past week, Shenzhen Hemei has shown resilience, with an 8.25% increase, while the one-month performance reflects a slight decline of 0.61%. However, the company has faced challenges in the longer term, with a year-to-date performance down by 17.17% and a three-year performance of -26.29%. Despite these hurdles, the stock has managed to deliver a 64.82% return over the past five years, outperforming the China Shanghai Composite's 11.95% gain during the same period. Key financial metrics indicate a price-to-earnings ratio of 167.00 and a return on equity of 5.50%. The company's market capitalization stands at CNY 1,489 million, reflecting its position within the small-cap segment of the market.