Ningbo Shanshan Co., Ltd. Corporate Update
Trading Summary (Thu 22 Oct 2026)
- Stock ticker: 600884.SS
- 24‑hour price change: 0 % (flat)
- Current trading price: CNY 10.51
- Market capitalization: CNY 22.90 bn
- Total shares outstanding: 2.20 bn
- 24‑hour trading volume: CNY 203.90 mn
- Month‑end change: ‑7.55 % (down from the previous month)
- 200‑day simple moving average: CNY 12.43
- 52‑week high: CNY 18.07 (05 Jun 2026)
- 52‑week low: CNY 10.32 (19 Oct 2026)
Recent Corporate Action
Ningbo Shanshan Co., Ltd. announced a private placement of shares totaling up to CNY 40 bn. Key points of the transaction:
| Item | Detail |
|---|---|
| Investor | Haigang Group (indirect controlling shareholder) |
| Purpose of proceeds | 1. Financing an integrated lithium‑battery anode‑material project in Inner Mongolia, with an expected annual production of 150,000 t of anode material. 2. Strengthening working capital. |
| Nature of deal | Related‑party transaction; does not alter the company’s control, which remains with the Anhui State Assets Supervision and Administration Commission. |
| Shareholding terms | Haigang Group will hold the new shares for three years; no immediate transfer is permitted. |
The private placement follows the company’s recovery in profitability after a loss reported for 2024. Revenue increased in the first half of 2026, supporting the strategic investment in lithium‑battery materials.
Related Stock Performance (Past 24 Hours)
| Stock | Ticker | 24‑hour change | Current price | Market cap | P/E ratio |
|---|---|---|---|---|---|
| Jiangsu Xinquan Automotive | 603179.SS | 0 % | CNY 37.29 | CNY 27 bn | 32.16 |
| Shenzhen Han’s CNC Technology | 3200.HK | -1.22 % | HKD 58.6 | HKD 32.1 bn | 59.25 |
| China Southern Power Grid | 688248.SS | 0 % | CNY 48.62 | CNY 27.3 bn | 71.39 |
| Irico Display Devices | 600707.SS | 0 % | CNY 7.41 | CNY 27.3 bn | 1,225.4 |
| Fspg Hi‑Tech | 000973.SZ | 0 % | CNY 10.43 | CNY 3.8 bn | 19.06 |
Fspg Hi‑Tech Highlights
Fspg Hi‑Tech reported a positive outlook for the first nine months of 2026, citing stronger demand and price improvements across key product lines. Highlights include:
- Gains in the high‑performance material segment due to expanded capacity and higher selling prices.
- Operational efficiencies and cost controls contributing to a healthier profit profile.
- Continued investment in new technologies and potential market expansion.
- Share repurchase activity indicating management confidence in valuation.
Company Profile
Ningbo Shanshan Co., Ltd. is headquartered in Ningbo City, China. The company specializes in:
- Production of lithium‑ion battery materials.
- Manufacturing of liquid crystal polarizers.
- Battery system integration products.
- Charging pile construction and new‑energy vehicle operation.
- Apparel manufacturing businesses.
Key Information
- Listed exchange: Shanghai Stock Exchange.
- IPO date: 30 January 1996.
- Website: www.ssgf.net .
The company’s diversified product portfolio positions it within the growing battery materials market, while its ancillary businesses support vertical integration and revenue stability.
