Corporate News Report
Qingdao East Steel Tower (002545.SZ) remained unchanged over the past 24‑hour trading window that closed at 02:07 PM Central Europe on Friday, 23 March 2026. The share price held at CNH 12.71, reflecting a flat 0 % change from the previous close. The company’s market capitalization currently stands at CNH 2.2 billion, and a total of approximately CNH 155.6 million worth of shares was exchanged during the period.
Technical Indicators
- 200‑Day Simple Moving Average: CNH 17.41
- 52‑Week High: CNH 30.9 (recorded 03/03/2026)
- 52‑Week Low: CNH 12.24 (recorded 10/22/2026)
The flat movement suggests that the market is awaiting further catalysts before a decisive shift occurs.
Comparative Performance of Related Stocks
| Symbol | Trading Status | Current Price | Market Capitalisation | PE Ratio (if provided) |
|---|---|---|---|---|
| 600359.SS – Xinjiang Talimu Agriculture Development | Flat 0 % | CNY 6.11 | CNY 2.5 bn | — |
| 603737.SS – Skshu Paint | Flat 0 % | CNH 21.57 | CNH 2.7 bn | 30.21 |
| 002330.SZ – Delisi | Flat 0 % | CNY 3.82 | CNY 2.5 bn | — |
| 601799.SS – Changzhou Xingyu Automotiv | Flat 0 % | CNH 66.48 | CNH 2.7 bn | 12.08 |
| 603588.SS – Beijing Geoenviron Enginee | Flat 0 % | CNH 12.32 | CNH 2.7 bn | 13.7 |
All referenced peers exhibited a similar lack of movement, indicating a broader period of consolidation across the sector.
Company Overview
Qingdao East Steel Tower Stock Co Ltd. operates in the materials sector and is headquartered in Jiaozhou, China. The firm specializes in the development, design, production, and sale of steel structures and towers. Its product portfolio includes electronic towers, industrial steel structures, civil construction steel structures, power transmission towers, radio and TV towers, and communication towers.
Founded through an initial public offering on 11 February 2011, the company is listed on the Shenzhen Stock Exchange. Prospective investors and industry observers can access further details on Qingdao East Steel Tower’s offerings and corporate information through the company’s website at www.qddftt.cn .
