Zhongsu Shares Surges Over 440% on ChiNext Debut, One-Lot Paper Profit Exceeds 120,000 Yuan
Zhongsu Co., Ltd., a modified engineering plastics manufacturer, debuted on the Shenzhen Stock Exchange's ChiNext board on September 22, 2026. The stock surged over 440% intraday, briefly touching 300 yuan per share, giving it a market capitalization of approximately 13.75 billion yuan. The company issued 12.3329 million shares at 55.28 yuan each, raising 682 million yuan. Investors holding one lot (500 shares) saw a paper profit of about 122,400 yuan at the intraday high.
Editorial responsibility
- No named human review is recorded for this page.
- Reports are grouped by semantic similarity and deterministic rules. Language models may assist titles, summaries, translation and cross-source analysis; the page reads the event directly, while its address stays stable when the title changes.
- Summary covers the current reports
Cross-source coverage
Reporting timeline
Zhongsu Shares Surges Over 440% on Debut, One-Lot Paper Profit Exceeds 120,000 Yuan
On September 22, N Zhongsu (301686.SZ) debuted on the ChiNext board of the Shenzhen Stock Exchange with an IPO price of 55.28 yuan per share. The stock opened sharply higher and surged over 440% intraday, briefly touching 300 yuan per share. As of the time of reporting, the stock was trading at 278.62 yuan per share, up 403.98%, giving it a market capitalization of approximately 13.75 billion yuan. Based on the intraday high of 300 yuan, investors holding one lot (500 shares) would have a paper profit of about 122,400 yuan. The company's main business is the research, development, production, and sale of modified engineering plastics. In the first half of 2026, it reported revenue of 443 million yuan, up 31.38% year-on-year, and net profit attributable to shareholders of 60.6352 million yuan, up 2.54% year-on-year.
Read sourceModified Plastics Firm Zhongsu Shares Surges Over 400% on Shenzhen ChiNext Debut
Zhongsu Co., Ltd., a modified engineering plastics manufacturer, made its debut on the Shenzhen Stock Exchange's ChiNext board on September 22, with shares surging as much as 442.69% and trading at 299.83 yuan per share, up 422.38% shortly after opening. The company issued 12.3329 million shares at 55.28 yuan each, raising net proceeds of 595 million yuan after expenses. Funds will be used for intelligent production base construction, capacity expansion in Jiangxi, a new materials R&D center, and working capital. Chairman Zhu Huaicai stated at the listing ceremony that the company will efficiently use the funds to accelerate smart production, increase R&D investment, diversify products, and strengthen its competitive position. The company's products serve consumer electronics, energy storage, automotive, and home appliance sectors. Revenue grew from 537 million yuan in 2023 to 749 million yuan in 2025, with net profit rising from 79.24 million yuan to 123 million yuan over the same period, reflecting compound annual growth rates of 18.16% and 24.51% respectively.
Read sourceZhongsu Shares Surges to 300 Yuan on Debut, One Lot Nets Over 120,000 Yuan Profit
Zhongsu Co., Ltd. (中塑股份) made its debut on the ChiNext board of the Shenzhen Stock Exchange on September 22, with an IPO price of 55.28 yuan per share. The stock opened at 267.76 yuan, surging 384.37% above the issue price, giving it an opening market capitalization of over 13.2 billion yuan. During the trading session, the share price briefly touched 300 yuan, resulting in a paper profit of over 120,000 yuan for investors who secured one lot (500 shares) in the IPO. The company is a high-tech enterprise specializing in the research, development, production, and sales of modified engineering plastics, and is recognized as a national-level specialized and new 'little giant' enterprise. For the first half of 2026, the company reported revenue of 443 million yuan, up 31.38% year-on-year, and net profit attributable to shareholders (excluding non-recurring items) of 58.9055 million yuan, up 2.87%. The company forecasts a 40.27% to 47.59% increase in revenue for the first nine months of 2026.
Read sourceShow 2 older updatesHide older updates
Zhongsu Plastics Lists on Shenzhen Stock Exchange's ChiNext Board
Zhongsu Plastics Co., Ltd. (stock code: 301686) was listed on the ChiNext board of the Shenzhen Stock Exchange on September 22, 2026. The company issued 12.3329 million new shares at an offering price of 55.28 yuan per share, raising a total of 682 million yuan. Following the IPO, the company's total share capital stands at 49.3315 million shares. Zhongsu Plastics is primarily engaged in the research, development, production, and sale of modified engineering plastics. For the fiscal year 2025, the company reported operating revenue of 749 million yuan and net profit of 127 million yuan.
Read sourceChina Plastic IPO Surges on ChiNext Debut, Delivering 106,200 Yuan Paper Profit Per Lot
According to a report from Dahe Finance Cube, cited by East Money, the new stock Zhongsu Co., Ltd. (中塑股份) made its debut on the ChiNext board on September 22. The company's IPO price was set at 55.28 yuan per share. Based on the opening price, investors holding one lot (500 shares) could see a paper profit of 106,200 yuan. Zhongsu is described as a specialized and innovative enterprise focused on modified engineering plastics for consumer electronics and automotive applications. For the first half of 2026, the company reported revenue of 443 million yuan, up 31.38% year-on-year, and net profit attributable to shareholders of 60.6352 million yuan, up 2.54% year-on-year. The article is sourced from Dahe Finance Cube.
Read source