Zhongfu Straits Pingtan Development Co Ltd, a prominent player in the materials sector, has been making significant strides in the forest operations and cultivation industry in China. Based in Fuzhou, the company has carved a niche for itself through its specialization in forestry products processing and sales, with a particular focus on high-density fiberboards. As of February 23, 2026, the company’s close price stood at 10.93 CNY, reflecting its current market position.
The company is listed on the Shenzhen Stock Exchange, a testament to its established presence in the financial markets. With a market capitalization of 20.7 billion CNY, Zhongfu Straits Pingtan Development Co Ltd holds a substantial position within its industry. However, the company’s financial metrics reveal some challenges, notably a Price Earnings (P/E) ratio of -191.08, indicating potential concerns regarding profitability.
Over the past year, the company’s stock has experienced significant volatility. The 52-week high was recorded at 16.86 CNY on December 29, 2025, while the 52-week low was 2.65 CNY on March 2, 2025. This range highlights the fluctuations in investor sentiment and market conditions impacting the company.
Founded with an Initial Public Offering (IPO) on March 7, 1996, Zhongfu Straits Pingtan Development Co Ltd has a long history in the industry. The company’s operations are centered around forest operations and cultivation, which are critical components of its business model. By focusing on the processing and sales of forestry products, particularly high-density fiberboards, the company aims to leverage its expertise in the sector.
For stakeholders and interested parties seeking more information about Zhongfu Straits Pingtan Development Co Ltd, the company maintains an online presence through its website, www.000592.com . This platform provides insights into their operations, strategic initiatives, and financial performance, offering a comprehensive view of the company’s activities and future prospects.
In summary, while Zhongfu Straits Pingtan Development Co Ltd faces certain financial challenges, its established market presence and specialization in high-density fiberboards position it as a key player in the materials sector. The company’s ongoing efforts in forest operations and cultivation continue to underpin its strategic objectives in the competitive landscape of the forestry products industry.
