ZHAOWEI's stock price plummeted 5.31% during intraday trading on Tuesday, following the release of its first-quarter financial results.
The sharp decline comes after the company reported a 25.15% year-on-year drop in net profit attributable to shareholders for the first quarter of 2026. Revenue also decreased by 2.74% compared to the same period last year.
Investors reacted negatively to the weaker-than-expected earnings performance, leading to significant selling pressure at the market open.