Corporate News Report
1. Jinan Shengquan Shar (605589.SS)
| Item | Value |
|---|---|
| Last 24‑hour change | 0 % (flat) |
| Current price | CNY 30.77 |
| Shares outstanding | 850.3 million |
| Market capitalization | CNY 26.9 bn |
| Volume traded (last 24 h) | CNY 378.5 mn |
| 200‑day simple moving average | CNY 45.13 |
| 52‑week high | CNY 74.5 (22 Jun 2026) |
| 52‑week low | CNY 25.63 (16 Dec 2025) |
| Month‑end decline | –21.98 % |
1.1 Recent Trading Activity
During the 24‑hour period ending 10:04 PM Central Europe on Thursday 22 October 2026, Jinan Shengquan Shar traded flat (0 %). The stock price remained at CNY 30.77. Trading volume during this period was CNY 378.5 million, representing a modest portion of the total shares outstanding.
1.2 Market Context
The 200‑day simple moving average of CNY 45.13 serves as a reference level for recent price trends. The current price is below this average, indicating a downward trajectory from the 200‑day mean. The 52‑week high of CNY 74.5 was reached on 22 June 2026, while the 52‑week low of CNY 25.63 occurred on 16 December 2025, showing a range of approximately CNY 48.87 over the year.
2. Peer Performance (last 24 hours)
| Ticker | Last 24‑hour change | Current price | Market cap | P/E ratio |
|---|---|---|---|---|
| 301656.SZ – Suzhou Inovance Automotive | 0 % | CNY 13.20 | CNY 32.2 bn | 71.38 |
| 688025.SS – Shenzhen JPT Opto‑Electron | 0 % | CNY 331.12 | CNY 31.7 bn | 110.91 |
| 002138.SZ – Shenzhen Sunlord Electronics | 0 % | CNY 41.42 | CNY 31.7 bn | 34.15 |
| 600298.SS – Angel Yeast | 0 % | CNY 36.42 | CNY 32.0 bn | 19.84 |
| 600079.SS – Humanwell Healthcare | 0 % | CNY 19.28 | CNY 31.9 bn | 15.73 |
- All peer stocks recorded a flat 0 % change during the same 24‑hour window.
- Shenzhen JPT Opto‑Electron was highlighted in a broader market discussion emphasizing a short‑term rally in fibre‑optic related stocks. The article notes increased investor interest in innovative optical solutions and a supportive liquidity environment within the technology exchange.
- Shenzhen Sunlord Electronics experienced moderate trading volume with no significant price spikes, reflecting broader sector volatility in the battery supply chain.
3. Company Overview
Jinan Shengquan Group Share Holding Co., Ltd. is incorporated in China and listed on the Shanghai Stock Exchange. The company’s shares are traded under the ticker 605589.SS.