SHINEWAY PHARM's stock price soared 5.09% during intraday trading on Friday, following the release of its annual financial results and other positive corporate announcements.
The company reported an annual profit increase of 13.1% to 950 million yuan for the fiscal year ended December 31, 2025, despite a decrease in overall revenue. Furthermore, the group successfully secured bids for eight key products in the National Chinese Patent Medicine Purchasing Alliance's centralized procurement program, covering major therapeutic areas. This success is expected to enhance future market demand and sales potential for its products.
Additionally, the company declared a first interim dividend of RMB 0.43 per share for the 2026 financial year, providing a return to shareholders. These combined positive developments likely contributed to increased investor confidence and the significant upward movement in the stock price.