Zhejiang Longsheng Stock Soars 7.1%, Hits Intraday High of CNY 13.26

Zhejiang Longsheng Group Co., Ltd. has experienced a significant uptick in its stock performance, gaining 7.1% on July 1, 2026. The stock reached an intraday high of CNY 13.26, showcasing its strong market activity. Over the past year, the company has generated a notable return of 68.61%, outperforming the China Shanghai Composite index, which has seen a return of 18.93% during the same period. In terms of financial metrics, Zhejiang Longsheng has a market capitalization of CNY 34,323 million and a price-to-earnings ratio of 16.00. The company also boasts a dividend yield of 4.27%, indicating a commitment to returning value to shareholders. Despite some challenges in long-term growth, with net sales declining at an annual rate of 1.20% over the last five years, the company has maintained a return on equity of 6.48%. Overall, Zhejiang Longsheng Group's recent performance highlights its resilience in the chemicals and petrochemicals industry, as it continues to navigate market dynamics effectively.