Kingfa Science & Technology Co., Ltd., a prominent materials company based in Guangzhou, China, experienced significant trading activity on January 9, 2026. The company, which specializes in the production of various plastic products, including modified plastics, biodegradable plastics, and special engineering plastics, as well as carbon fiber and composite materials, saw a notable block trade involving 5.98 million shares. These shares were sold at a price approximately 18% below the closing level of the previous day, with the transaction valued at about 1.02 billion yuan. This sale represented 1.7% of the total trading volume for that day.
Kingfa Science & Technology Co., Ltd. is listed on the Shanghai Stock Exchange, where it has been a constituent since its IPO on June 8, 2004. As of January 8, 2026, the company’s close price was 20.92 CNY, with a 52-week high of 24.08 CNY on September 17, 2025, and a 52-week low of 8.08 CNY on January 13, 2025. The company’s market capitalization stood at approximately 7.64 billion CNY, with a price-to-earnings ratio of 40.56.
The broader market context on January 9, 2026, was characterized by a positive trend, with the Shanghai Composite Index achieving a new milestone by reaching a 4,100-point level. This marked a 16-day streak of consecutive gains, accompanied by a record high in overall trading volume for the A-share market. Within this favorable market environment, Kingfa Science & Technology Co., Ltd. benefited from increased institutional buying, with net inflows comparable to those of other high-profile stocks. The company’s share price also saw an uplift, driven by a broader rally in the chemical and materials sector, as evidenced by the performance of related exchange-traded funds (ETFs) and index constituents.
No additional corporate actions were reported for Kingfa Science & Technology Co., Ltd. on that day. The company’s website, www.kingfa.com.cn , provides further information about its operations and product offerings.
