Zhejiang Yonghe Refrigerant Hits Day Low Amid Price Pressure at CNY 32.90

Zhejiang Yonghe Refrigerant Co., Ltd., a prominent player in the specialty chemicals sector, experienced a notable decline today, with its stock price dropping by 3.66% on May 29, 2026. The stock reached an intraday low of CNY 32.90, reflecting a challenging trading session compared to the broader market, where the China Shanghai Composite index fell by only 0.73%. Despite today's downturn, Zhejiang Yonghe has shown strong performance metrics over the past year, boasting a remarkable 60.5% increase compared to the China Shanghai Composite's 20.96%. The company has also reported impressive growth in net profit, with a staggering 485.77% increase noted in its latest results. Financial indicators remain robust, with an operating cash flow of CNY 822.49 million and a high interest coverage ratio of 2,229.62. The company's return on equity stands at 8.67%, supported by a price-to-book ratio of 2.68. While the stock has faced short-term volatility, its long-term performance remains noteworthy within the specialty chemicals industry.