State Power Rixin Technology Hits Day Low Amid Price Pressure at CNY 69.69

3 hours ago
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State Power Rixin Technology Co., Ltd. faced a significant decline in stock value during a challenging trading session. Despite this, the company has shown strong long-term performance, with an impressive increase over the past year, outpacing the broader market. It maintains a solid market capitalization and a notable dividend yield.
State Power Rixin Technology Hits Day Low Amid Price Pressure at CNY 69.69
State Power Rixin Technology Co., Ltd. experienced a notable decline today, with the stock dropping by 5.28% on February 24, 2026. The stock reached an intraday low of CNY 69.69, reflecting a challenging trading session.
In terms of performance metrics, the company's one-day performance contrasts sharply with the China Shanghai Composite, which fell by only 1.26%. Over the past week, State Power Rixin has seen a decrease of 5.42%, while the broader market has shown a slight gain of 0.41%. However, the company has demonstrated resilience over the longer term, with a remarkable 81.48% increase over the past year, significantly outperforming the China Shanghai Composite's 22.49% gain. Financially, State Power Rixin maintains a market capitalization of CNY 6,050 million and a price-to-earnings ratio of 70.00. The company also boasts a high dividend yield of 0.62%. Despite today's downturn, the stock's performance over the past year indicates a strong market position within the Trading & Distributors industry.
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