Zhejiang Zhaolong Stock Hits Day High with Strong 4.72% Surge

Zhejiang Zhaolong Interconnect Technology Co., Ltd. has experienced a notable uptick in its stock performance, gaining 4.72% on February 26, 2026. The stock reached an intraday high of CNY 57.48, showcasing its strong market activity. Over the past week, the company has seen a 5.98% increase, significantly outperforming the China Shanghai Composite, which recorded a modest gain of 0.41%. In terms of longer-term performance, Zhejiang Zhaolong has delivered impressive returns, with a remarkable 394.92% increase over the past three years and a 443.5% rise over the last five years. The company's net profit for the first half of the year reached CNY 95.76 million, reflecting a substantial growth rate of 110.03%. Additionally, operating cash flow hit a record high of CNY 205.43 million, while net sales for the same period grew by 20.46% to CNY 935.6 million. Despite its strong performance metrics, the company maintains a high price-to-earnings ratio of 101.00, indicating a premium valuation in the electronics and appliances sector. With a market capitalization of CNY 13,752 million, Zhejiang Zhaolong continues to demonstrate resilience in a competitive landscape.