Stock Track | Zhejiang Shibao Soars 5.33% Intraday on Strong 2025 Results and Dividend Announcement

Stock Track03-31

ZHEJIANG SHIBAO's stock price soared 5.33% during intraday trading on Tuesday, marking a significant upward movement for the company's shares.

The surge appears to be driven by the company's release of robust 2025 financial results, which showed a 31.8% year-on-year revenue increase to RMB 3.55 billion and a 21.1% growth in net profit attributable to shareholders to RMB 180.52 million. The strong performance was fueled by increased demand for the company's electric and intelligent steering systems, with steering system product sales jumping 34.17% and contributing 95.9% of total turnover.

Additionally, the company announced a final ordinary dividend of RMB 0.60 for every 10 shares for the financial year ended 31 December 2025, which further bolstered investor sentiment. The dividend proposal, along with the positive financial outlook for 2026 amid China's expanding automotive market and policies supporting equipment upgrades, contributed to the stock's strong performance during the trading session.

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