Shida Shinghwa Advanced Material Group Co Ltd: Share Price Surges Amid Lithium‑Battery Material Rally
Share Price Movement
On 7 November 2025, the Shanghai Stock Exchange listed Shida Shinghwa Advanced Material Group (603026.SH) reached a 6.50 % intraday limit‑up.
The closing price was 70.08 CNY per share, a rise of 6.50 % from the previous day.
The market capitalization increased to 16.3 billion CNY, representing a growth of over 30 % from the beginning of the year.
Market Context
The rise of Shida Shinghwa was part of a broader strength in the lithium‑battery materials sector.
Other lithium‑battery and electrolyte‑related stocks—such as 多氟多 (DFM), 天际股份 (TIJ), and 瑞泰新材 (RTSC)—also hit the daily limit on the same day.
The lithium‑battery concept sector saw a 19 % increase in electrolyte prices and a 14 % rise in lithium hexafluorophosphate (LiPF₆) prices compared with August.
Several firms within the sector, including 天赐材料 (Tianci) and 固态电池概念 stocks, also reported limit‑ups, indicating a sector‑wide rally.
Company Profile
Shida Shinghwa is headquartered in Dongying, China, and specialises in the manufacture and distribution of organic chemicals.
Product lines include propylene oxide, propylene carbonate, dimethyl carbonate, propylene glycol, ethylene carbonate, ethyl methyl carbonate, and carbohydrazide.
The company exports to Europe, the United States, Japan, South Korea, and Southeast Asia.
The firm is listed on the Shanghai Stock Exchange and trades in Chinese yuan (CNH).
Implications
The price surge reflects investor confidence in the company’s role as a supplier of key electrolyte components for lithium‑ion batteries.
The sector’s rebound is supported by a recovering demand for lithium‑battery materials following a price rebound in August, as reported by multiple market analysts.
The 6.50 % limit‑up, coupled with the increase in market capitalisation, positions Shida Shinghwa as a significant contributor to the recent strength in the materials and chemicals subsector of the Chinese equity market.