Jiangsu Evergreen New Material Technology Inc Co: Financial Overview and Market Activity

Jiangsu Evergreen New Material Technology Inc Co, a company listed on the Shanghai Stock Exchange, operates within the Materials sector. As of June 29, 2025, the company’s close price was 17.6 CNH, matching its 52-week high. The 52-week low was recorded at 10.0759 CNH on September 17, 2024. The company specializes in the research, development, production, and sales of special monomers and additives for new polymer materials. These products are utilized in various industries, including ion exchange resins, synthetic flavors, and environmentally friendly coatings. Jiangsu Evergreen’s products are distributed across multiple regions, including mainland China, South Korea, India, the United States, Europe, the Middle East, and Africa.

Market Activity and Trends

On July 1, 2025, the stock market saw significant activity, with 46 stocks hitting their daily price limits. Among these, 13 stocks achieved consecutive daily price limits, while 22 stocks attempted but failed to reach their limits, resulting in a 68% failure rate (excluding ST stocks and delisted stocks). The semiconductor industry chain experienced a surge, with companies like Chengbang Group and Ke Meite Qi achieving consecutive daily price limits.

Sector Performance

The financial sector led the market with notable gains, while the internet, digital currency, and diversified finance sectors experienced declines. The overall market turnover for the day was approximately 9800 billion yuan. The semiconductor and lithography machine concepts saw renewed interest, with companies like Ke Meite Qi and Chang Qing Technology reaching their daily price limits.

Commercial Space and Lithography Machine Concepts

The commercial space sector, particularly in defense and military applications, showed strong performance, with the sector index reaching new historical highs. Companies like Chang Qing Technology and Ke Meite Qi were among those that surged, reflecting the growing interest in commercial space and related technologies.

Conclusion

Jiangsu Evergreen New Material Technology Inc Co remains a key player in the materials sector, with its products finding applications across various industries globally. The company’s performance aligns with broader market trends, particularly in sectors like semiconductors and commercial space, which have shown significant activity and growth potential.