Zhejiang Yonghe Refrigeran – Corporate Update
Trading Performance
- Stock Ticker: 605020.SS
- Last Close: CNY 27.72
- Daily Movement: 0 % (flat)
- Trading Session End: 07:32 PM Central Europe (Thursday 22 Oct 2026)
- Shares Outstanding: 502.6 million
- Market Capitalisation: CNY 14.5 billion
- Volume (last 24 h): CNY 219.8 million
- Percentage Change Since End of Previous Month: –8.51 %
- 200‑Day Simple Moving Average: CNY 33.88
- 52‑Week High: CNY 51.00 (03 July 2026)
- 52‑Week Low: CNY 23.27 (03 April 2026)
Management Commentary – First Nine Months of 2026
Zhejiang Yonghe Refrigerant Co. Ltd. (Zhejiang Yonghe Refrigeran) released its profit outlook for the first nine months of 2026. Key points highlighted by management include:
| Item | Detail |
|---|---|
| Business Segments | Fluoropolymer and refrigerant operations |
| Growth Drivers | Expansion of production capacity, favorable market demand, especially in high‑value fluorinated materials |
| Cost Management | Operating costs remain manageable; lower raw‑material prices for key inputs |
| Capital Structure | Share‑repurchase program in progress |
| Capital Markets | Convertible‑bond issuance planned to fund advanced refrigerant technology development |
| Profitability Outlook | Significant improvement expected; robust product pricing and expanding customer base |
Related Stock Performance (Last 24 h)
| Stock | Ticker | Movement | Current Price (CNY) | Market Cap (CNY) | P/E Ratio |
|---|---|---|---|---|---|
| Shenzhen Sc New Energy Tec | 300724.SZ | 0 % | 50.13 | 17.4 bn | 15.2 |
| Zhejiang Xcc | 603667.SS | 0 % | 45.65 | 17.4 bn | 217.36 |
| Henan Huanghe Whirlwind | 600172.SS | 0 % | 12.00 | 17.4 bn | – |
| Yongan Futures | 600927.SS | 0 % | 11.69 | 17.4 bn | 22.78 |
| Unicomp | 688531.SS | 0 % | 97.02 | 17.3 bn | – |
Zhejiang Xcc – Business Update
Zhejiang Xcc Group Co Ltd continues to record steady revenue and net‑profit growth. Management notes:
- Product Focus: Precision lead screws, electromechanical actuators, automotive seat drives, metal transmission components.
- Market Concentration: Automotive and robotics sectors.
- Margin Pressure: Due to shifting product mix, price volatility, and intensified competition, particularly within the automotive market.
- Strategic Initiatives: Reduce procurement costs, enhance manufacturing processes, pursue new customers and product lines to improve profitability.
- Financial Position: Solid cash balance; positive operating cash flows offset by significant investment outflows for capacity expansion and R&D.
- Risks: Increasing accounts receivable and broader economic conditions affecting customer financial health.
Company Profile
Zhejiang Yonghe Refrigerant Co Ltd is a publicly traded Chinese company listed on the Shanghai Stock Exchange. The company specializes in the production of fluorinated polymers and related chemical products, with a focus on refrigerant technologies and high‑value fluorinated materials.
