Zhejiang Fenglong Electric Hits Day High with 10.01% Surge in Stock Price

Zhejiang Fenglong Electric Co., Ltd. has experienced significant activity today, with the stock surging by 10.01% on March 13, 2026. The stock reached an intraday high of CNY 81.58, showcasing its strong performance relative to the broader market. In contrast, the China Shanghai Composite index declined by 0.82% on the same day. Over the past year, Zhejiang Fenglong has delivered an impressive return of 351.97%, significantly outperforming the China Shanghai Composite, which recorded a gain of only 21.93%. The company's year-to-date performance stands at 157.35%, further highlighting its robust market position. Despite a challenging long-term growth trajectory, with net sales growing at an annual rate of 0.58% and operating profit declining by 27.38% over the last five years, the company has reported positive results in the last two consecutive quarters. Notably, net profit for the half-year reached CNY 13.45 million, reflecting a remarkable growth of 166.86%. With a market capitalization of CNY 16,048 million, Zhejiang Fenglong continues to be a notable player in the auto components and equipment industry.