Zhejiang Shibao Shares Climb Over 3% Following Strong Annual Results

Stock News04-02

Zhejiang Shibao (01057) rose more than 3% in Hong Kong trading. At the time of writing, the stock was up 2.15%, trading at HK$5.69 with a turnover of HK$29.95 million. The movement follows the recent release of the company's annual results for the period ending December 31, 2025. The group reported revenue of RMB 3.549 billion, a year-on-year increase of 31.76%. Net profit attributable to shareholders reached RMB 181 million, up 21.05% compared to the previous year. Basic earnings per share were RMB 0.2194, and the company proposed a cash dividend of RMB 0.60 per 10 shares. During the reporting period, sales of the company's electric and intelligent steering systems saw significant growth, benefiting from accelerating trends in vehicle electrification, intelligence, and globalization, coupled with the increasing market share of Chinese passenger vehicle brands.

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