Zhejiang Baida Precision Manufacturing Corp., known as BAIDA PRECISION, is a prominent player in the industrial sector, specifically within the machinery industry. The company is listed on the Shanghai Stock Exchange and operates primarily in the manufacturing of compressor parts, including blades, balance weights, pump bodies, and partitions. These components are essential for a variety of products such as air conditioners, heat pump water heaters, and dehumidifiers. Additionally, BAIDA PRECISION extends its manufacturing capabilities to automobile parts and hardware machines.

As of 12 February 2026, BAIDA PRECISION’s share price reached a 52-week high of CNY 19.80, aligning with its closing price on the same day. This peak represents a significant recovery from the 52-week low of CNY 7.75, recorded on 8 April 2025. The substantial fluctuation in share price over the year highlights the volatility experienced by the company in the market.

The company’s market capitalization stands at CNY 4 billion, reflecting its substantial presence in the industry. Despite the high price-to-earnings (P/E) ratio of 57.46, which indicates that the shares are trading at a premium relative to earnings, the price-to-book (P/B) ratio of 3.02 suggests a more modest valuation in comparison to the company’s book value.

On 27 January 2026, BAIDA PRECISION announced a share-holding reduction plan. This strategic move may be interpreted as an effort by the management to streamline ownership and potentially enhance shareholder value. The timing of this announcement, coupled with the recent peak in share price, suggests a proactive approach by the company to optimize its capital structure amidst market conditions.

Overall, BAIDA PRECISION’s recent activities and financial metrics underscore its strategic positioning within the machinery sector, while also highlighting the dynamic nature of its market performance. The company’s focus on diversifying its product offerings and optimizing its shareholder structure may play a crucial role in its future growth trajectory.