Shenghe Resources Holding Co., Ltd. – Market and Strategic Update
Market Performance (Wednesday, 21 Oct 2026)
- Trading session closed at 07:09 PM Central Europe; the share price changed 0 %.
- Current trading price: CNY 16.29.
- Shares available for purchase: 1.8 billion.
- Market capitalization: CNY 28.7 billion.
- Volume traded in the last 24 hours: CNY 870.3 million.
- Performance since the end of the previous month: -24.95 %.
- 200‑day simple moving average: CNY 23.2.
- 52‑week high: CNY 34.6 (recorded 22 Jun 2026).
- 52‑week low: CNY 15.65 (recorded 19 Oct 2026).
Strategic Equity Transfer Announcement (Thursday, 22 Oct 2026)
- Shenghe announced that its four key rare‑earth smelting subsidiaries will transfer 51 % of their shares to China Rare‑Earth Development, a wholly owned subsidiary of China Rare‑Earth Group.
- Transaction value: 1.66 billion – 1.81 billion yuan.
- Effect: subsidiaries will shift from consolidated reporting to equity‑method accounting.
- Shenghe will maintain minority stakes and secure a high‑percentage share of future profits.
- The move aligns with national policies promoting consolidation of rare‑earth smelting capacity under central enterprises and encourages integrated, value‑based management.
- It follows a series of “break‑circle” deals that realign state‑owned assets across public‑sector groups to enhance strategic coordination and long‑term value sharing.
Peer Performance – 24‑Hour Overview
| Stock | Ticker | 24‑Hour Change | Current Price | Market Cap | Notes |
|---|---|---|---|---|---|
| Jiangsu Leadmicro Nano Tec | 688147.SS | 0 % | CNY 75.88 | CNY 34.3 bn | |
| Zhejiang Supor | 002032.SZ | 0 % | CNY 42.36 | CNY 34.2 bn | P/E 16.88; recent share‑repurchase program; dividend policy robust. |
| Nantong Jianghai Capacitor | 002484.SZ | 0 % | CNY 41.07 | CNY 34.1 bn | P/E 49.69 |
| Canmax | 300390.SZ | 0 % | CNY 39.13 | CNY 34.1 bn | P/E 12.39; recent share conversion and memorandum of understanding for spodumene concentrate. |
| Asia‑Potash | 000893.SZ | 0 % | CNY 35.84 | CNY 34 bn | P/E 15.58 |
Company Profile – Shenghe Resources Holding Co., Ltd.
- Headquarters: Chengdu, China.
- Core business: manufacturing and sales of rare‑earth products, including concentrate, oxidants, compounds, metals, metallurgical materials, catalysts, zircon sand, titanium concentrate, and related goods.
- Market: global distribution of products.
- Website: www.scshre.com .
- Listing: Shanghai Stock Exchange.
- IPO date: 14 May 2003.
This article consolidates the latest market data, recent strategic developments, and peer performance for Shenghe Resources Holding Co., Ltd.
