Jinpan Technology Soars 9.62% in Hainan Free‑Trade‑Zone Surge, Drawing 1.73 B CNY Main‑Fund Inflow

Jinpan Technology (金盘科技)

Ticker: 688041
Listing venue: Shanghai Stock Exchange
Industry: Technology – Smart devices and solutions (specific business scope not detailed in the supplied data)
Market capitalization: 48,470,000,000 CNY
Price‑earnings ratio: 64.15
Latest closing price (2026‑01‑19): 101.79 CNY
52‑week high (2026‑01‑18): 107.60 CNY
52‑week low (2025‑04‑08): 27 CNY

On 2026‑01‑19, the Hainan Free‑Trade‑Zone concept gained 3.42 %, ranking fourth among concept sectors.
Jinpan Technology was one of the top performers within that concept, recording a 9.62 % increase in its share price.
The company received a main‑fund inflow of 1.73 billion CNY, the highest among the 24 stocks that attracted net inflows into the concept sector that day.
The overall inflow into the Hainan Free‑Trade‑Zone concept reached 1.143 billion CNY.

The day’s market activity on the Shanghai Stock Exchange was characterised by high turnover.
The 科创板 (STAR Market) saw a broad‑based decline of 1.58 % on 2026‑01‑18, yet certain high‑turnover stocks such as Qi Zhong Technology and Huai Hai Cheng Ke still posted significant gains.
In the broader Chinese equity market, the high‑voltage (特高压) sector continued to rally, driven by policy support for the “15th Five‑Year Plan” (2025‑2029) and a projected investment of 4 trillion CNY in fixed‑asset infrastructure.

Jinpan Technology’s recent price acceleration aligns with the broader theme of infrastructure and smart‑technology investment, particularly within the Hainan Free‑Trade‑Zone strategy.
The substantial main‑fund inflow suggests institutional confidence in the company’s potential to benefit from the free‑trade‑zone development.
The high price‑earnings ratio (64.15) indicates that the market values the company’s future earnings growth prospects highly relative to current earnings.

All figures and observations are drawn exclusively from the provided fundamental data and news excerpts.