Shenyang Blower Group stock surges over 297%, triggering two trading halts on September 18
Shenyang Blower Group (601091) experienced extreme volatility on September 18, its second trading day, with intraday gains briefly exceeding 297% before closing up 234.52% at RMB 69.58. The stock triggered two temporary trading halts, with turnover surpassing 80% and volume approaching RMB 4 billion. This follows a 373.80% gain on its September 17 debut. The company forecasts a potential net profit decline of up to 23.83% for the first nine months of 2026.
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Shenyang Blower Stock Surges Over 297% in Afternoon, Triggering Two Trading Halts
Shenyang Blower Group (601091) experienced a dramatic stock price surge on the afternoon of September 18, with intraday gains briefly exceeding 297%, hitting a high of RMB 82.59 per share. The turnover rate surpassed 80% with trading volume approaching RMB 4 billion, triggering two temporary trading halts. The stock closed up 234.52% at RMB 69.58, giving the company a market capitalization of RMB 216.4 billion. This follows its first trading day on September 17, when it closed up 373.80%. Market analysts attribute the speculative frenzy to an extremely low issue price, a very small float, resonance with scarce thematic elements, and shifts in market capital flow styles. The company manufactures major technical equipment including centrifugal compressors, reciprocating compressors, and nuclear pumps for petroleum, chemical, power generation, and natural gas sectors. For January-September 2026, the company expects operating revenues of RMB 7.3-7.7 billion and net profit of RMB 456-550 million, a decline attributed to project acceptance timing and geopolitical impacts on export projects.
Read sourceShenyang Blower Group Stock Surges Over 200%, Price Exceeds 70 Yuan
On September 18, shares of Shenyang Blower Group (Shengu Group) surged over 200%, with the stock price exceeding 70 yuan. The stock had opened nearly 28% lower during pre-market trading at 15 yuan and hit an intraday low of 14.68 yuan before rallying sharply. The gain represents a 300% increase from the opening price. The report from Cailian Press highlights extreme volatility in the stock's trading session.
Read sourceShenyang Blower Group Stock Surges Over 15%, Triggers Second Trading Halt
On September 18, shares of Shenyang Blower Group (Shengu Group) surged more than 15%, triggering a second temporary trading halt, according to Cailian Press. The stock had opened nearly 28% lower during the pre-market auction, resulting in a cumulative gain of 60% from its opening price. The sharp price movement led to the second suspension of trading in the session. No further details on the cause of the volatility or company announcements were provided in the report.
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Shenyang Blower Group's Decline Narrows to 6%, Triggering Temporary Trading Halt
On September 18, Cailian Press reported that Shenyang Blower Group (Shengu Group) experienced a stock price decline that narrowed to 6%. The stock had gained 30% from its opening price, which triggered a temporary trading halt. The report provides no further details on the cause of the volatility or the duration of the halt.
Shenyang Blower Group Shares Narrow Decline to 6.25%, Triggering Intraday Trading Halt
Shares of Shenyang Blower Group experienced extreme volatility, initially plunging over 27% in early trading before recovering significantly. The decline narrowed to 6.25%, which triggered an intraday temporary trading halt according to market rules. The sharp price movement and subsequent halt indicate significant market activity around the stock, though the source does not provide a reason for the initial drop or the recovery. The event occurred on a Chinese stock exchange, as reported by financial data provider Jin10.
Read sourceShenyang Blower Group Stock Surges Over 297% in Afternoon Trading Frenzy
Shenyang Blower Group (601091) experienced extreme stock price volatility on September 18, with intraday gains briefly exceeding 297% before closing up 234.52% at RMB 69.58 per share, giving it a market capitalization of RMB 216.4 billion. The stock triggered two temporary trading halts during the session, with turnover surpassing 80% and volume approaching RMB 4 billion. This follows its first trading day on September 17, when it closed up 373.80%. Market analysts attribute the post-listing 'speculative frenzy' to multiple factors including an extremely low issue price, a very small float, scarce thematic elements, and shifts in market capital flow styles. The company, a major Chinese manufacturer of compressors and nuclear pumps, reported operating revenues of RMB 10.122 billion in fiscal 2025 and net profit of RMB 739 million. However, it forecasts a potential decline in net profit of up to 23.83% for the first nine months of 2026, citing higher gross margins in prior periods, delivery delays due to geopolitical influences, and foreign exchange losses.
Read sourceShenyang Blower Group Stock Decline Narrows to 6%, Triggers Temporary Trading Halt
Shenyang Blower Group Co., Ltd. experienced a significant stock price movement, with its decline narrowing to 6% after a sharp gain of 30% from the opening price. This volatility triggered a temporary halt in trading. The stock's latest price was reported at 57.77 yuan, representing a change of +36.97 yuan or +177.74% from a previous reference. Trading volume reached 1.88 million lots, with a turnover of 4.82 billion yuan and a turnover rate of 89.08%. The company's price-to-earnings ratio stood at 321.37, and its market capitalization was approximately 179.7 billion yuan. The report is sourced from East Money Securities' stock commentary section.
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