Reported about 1 year ago
Yuanzhen's stock price (1725) surged to close at 53 yuan on July 6, 2024, with a trading volume of 3,805 shares, a 270% increase from the previous trading day, driven by positive revenue and profit growth due to the warming up of the plastics and electronics sectors. Foreign investors bought 1,241 more shares, sending the stock price up by a total of 18.04% over four consecutive sessions. The company operates in the import and export of chemical, plastic, and fuel oil products with operational bases in Taiwan, Shanghai, and Guangzhou, with storage facilities in Northern, Central, and Southern Taiwan as well as overseas warehouses in Kunshan and Guangzhou, China. First-quarter profits doubled year-on-year, with an EPS of 0.25 yuan.
Source: YAHOO