Chongqing Polycomp International Corp: Financial Overview and Market Activity
Chongqing Polycomp International Corporation, a company listed on the Shenzhen Stock Exchange, specializes in the manufacturing of fiberglass. The company is involved in the research, design, development, production, and marketing of textile yarn, woven roving, and multi-axial fabric fiberglass. These products find applications across various industries, including wind energy, automobiles, rail transit, building materials, power insulation, electronics, and aerospace.
As of July 10, 2025, Chongqing Polycomp International Corp’s stock closed at 5 CNY, with a 52-week high of 5.97 CNY on July 9, 2025, and a 52-week low of 2.91 CNY on August 27, 2024. The company’s market capitalization stands at 14,253,918,550 CNY.
Market Activity and Investment Trends
In the week leading up to July 11, 2025, the Shenzhen-Hong Kong Stock Connect (深股通) was notably active, appearing in the top 42 stocks on the trading leaderboard. According to data from Securities Times Data Treasure, 24 of these stocks saw net purchases by the Shenzhen-Hong Kong Stock Connect, with the top three being Zhongyou Capital, China Rare Earth, and Jingbei, with net purchase amounts of 21,528.24 million CNY, 21,355.22 million CNY, and 14,270.63 million CNY, respectively.
The Shanghai Composite Index rose by 1.09% over the week, while stocks net purchased by the Shenzhen-Hong Kong Stock Connect saw an average increase of 14.37%, outperforming the broader market. The stock with the highest weekly gain was Tongguan Copper Foil, which surged by 43.72%.
Conversely, 18 stocks experienced net sales, with notable sales in Shao Neng Group and Da Dong Nan, with net sales amounts of 4,050.11 million CNY and 3,676.21 million CNY, respectively.
Sector-Specific Developments
The PCB sector experienced a downturn, with *ST GaoSi and Jinan Guoji hitting their lowest trading limits. Other companies in the sector, such as International Fuzhuan, Australia Hong Electronics, Yi Hao Xincai, Bo Min Electronics, and Jiuding Xincai, also saw declines.
Venture Board Financing Trends
The financing balance for companies on the Venture Board has seen a continuous increase over four trading days, with a cumulative rise of 51.00 billion CNY. As of July 10, 2025, the total financing balance stood at 36,643.11 billion CNY. During this period, 534 companies saw an increase in their financing balances, with 60 companies experiencing growth exceeding 20%. The most significant increase was observed in Feilihua, with a 177.53% rise. Conversely, 400 companies saw a decrease in their financing balances, with 44 companies experiencing declines over 10%. The most significant decrease was noted in Hongming Stock, with a 28.36% drop.
Conclusion
Chongqing Polycomp International Corp remains a key player in the fiberglass manufacturing industry, with its products serving a wide range of sectors. The company’s stock performance and the broader market trends reflect the dynamic nature of the financial markets, with significant movements in both the Shenzhen-Hong Kong Stock Connect and the PCB sector.