Toread Holdings Group Co Ltd Sees Stock Surge Amid Market Growth

Toread Holdings Group Co., Ltd., a prominent player in the outdoor products sector, has recently witnessed a notable increase in its stock price. The company, which specializes in a diverse range of outdoor products including skin suits, children’s outdoor equipment, and outdoor sports shoes, has seen its shares surpass the previous 52-week high. This surge is part of a broader market trend, particularly within the online tourism sector, which has experienced significant growth.

Company Overview

Established in 1999 and headquartered in Beijing, Toread Holdings Group Co., Ltd. was formerly known as Beijing Toread Outdoor Products Co., Ltd. before rebranding in July 2015. The company is listed on the Shenzhen Stock Exchange and operates primarily in the Consumer Discretionary sector, focusing on leisure products.

Financial Highlights

As of May 20, 2025, Toread’s close price stood at 9.61 CNY, marking a new high compared to the 52-week peak of 11.95 CNY reached on May 6, 2025. The company’s stock had previously hit a low of 4.42 CNY on July 29, 2024. With a market capitalization of 9,561,657,620 CNY, Toread’s price-to-earnings ratio is currently 101.395.

Market Context

The recent uptrend in Toread’s stock price aligns with the expanding online tourism sector, which has bolstered the company’s market presence. This growth reflects the increasing consumer interest in outdoor activities and related products, positioning Toread favorably within the industry.

Upcoming Events

In addition to its financial performance, Toread Holdings Group Co., Ltd. has announced its upcoming annual general meeting. Documents related to the meeting are available for public review, providing stakeholders with insights into the company’s strategic direction and future plans.

Overall, Toread Holdings Group Co., Ltd. continues to strengthen its position in the outdoor products market, supported by favorable market trends and strategic initiatives.