21 A-shares in Chongqing are up, with Zongshen Power, Wangbian Electric, and ST Tiansheng in the top three.

On March 4th, out of 79 Chongqing A-share listed companies, 21 rose, 4 closed unchanged, and 54 declined.

According to Tonghuashun iFinD data, Zongshen Power led with a 5.75% increase, Wangbian Electric was second with a 5.42% rise, and ST Tiansheng was third with a 3.14% gain.

Zongshen Power up 5.75%, leading daily gains

Zongshen Power closed at 22.98 yuan, up 5.75% for the day, ranking first. Its turnover rate was 11.08%, with a year-to-date increase of 5.95%.

The 2025 performance forecast shows net profit attributable to shareholders of 645.89 million to 738.16 million yuan, a year-over-year increase of 40%–60%. After deducting non-recurring gains and losses, net profit is expected to be 618.38 million to 706.72 million yuan, also up 40%–60%.

The performance change is due to growth in the general machinery and motorcycle engine businesses during the reporting period, as well as increased investment income from joint ventures, leading to overall year-over-year growth.

On the news front, subsidiary Zongshen Hangfa has developed a full range of small to medium-sized aviation piston engines from 20 to 200 horsepower, suitable for industrial-grade and above drones and general aviation aircraft.

Additionally, Zongshen Power plans to divest its motorcycle engine assets and transfer them to Longxin General for its transmission business, focusing on core businesses such as general machinery and aviation power, to address industry competition.

Hualong Securities Chongqing Investment Advisor Zhao Liang stated that on March 4th, the main funds net inflow was 149 million yuan, with a cumulative inflow of 226 million yuan over three consecutive trading days. Investors should be cautious of risks.

Wangbian Electric up 5.42%, second in daily gains

Wangbian Electric closed at 24.70 yuan, up 5.42% for the day, ranking second. Its turnover rate was 7.74%, with a year-to-date increase of 66.78%.

Located in Changshou District, Chongqing, Wangbian Electric mainly develops and sells power transmission and distribution equipment and oriented silicon steel.

In the first three quarters of 2025, the company achieved main business revenue of 2.728 billion yuan, up 14.9% year-over-year; net profit attributable to shareholders was 80.93 million yuan, up 50.68%; and net profit after deducting non-recurring gains and losses was 76.18 million yuan, up 140.77%.

In Q3 alone, revenue was 892 million yuan, down 5.99% year-over-year; net profit was 26.30 million yuan, up 39.01%; and net profit after deducting non-recurring items was 26.97 million yuan, up 78.69%. The debt ratio was 64.94%, investment income was -116,840 yuan, financial expenses were 16.21 million yuan, and gross profit margin was 12.51%.

On the news front, expectations for grid investment in 2026 are strengthening, with concepts including photovoltaics, smart grids, and ultra-high voltage.

Hualong Securities Chongqing Investment Advisor Zhao Haohong noted that on March 4th, the main funds net outflow was 34.19 million yuan, with a total of 129 million yuan over three days. Investors should be cautious.

ST Tiansheng up 3.14%, third in daily gains

ST Tiansheng closed at 5.25 yuan, up 3.14% for the day, ranking third. Its turnover rate was 0.48%, with a year-to-date increase of 8.02%.

ST Tiansheng (Tiansheng Pharmaceutical) forecasted a net profit attributable to shareholders of -76 million to -52 million yuan for 2025, narrowing losses from -87.40 million yuan last year. After deducting non-recurring gains and losses, net profit is expected to be -88 million to -60 million yuan, also reducing losses compared to last year’s -110 million yuan.

The company stated that the main reason for the loss during the reporting period was high fixed costs such as depreciation of fixed assets. The forecast for 2025 indicates reduced losses mainly because the company expects lower provisions for fixed asset impairments compared to the previous year.

Heging of Linyun Capital said that on March 4th, the main funds net inflow was 1.78 million yuan, with a total of -48.4 million yuan over three days. Investors should be aware of risks.

Chongqing Gas down 7.94%

On that day, four stocks closed unchanged: Meiansen, Fuling Electric Power, Chongqing Steel, and Zaisheng Technology.

A total of 54 stocks declined, with Chongqing Gas down 7.94%, Chongqing Port down 6.79%, and Meixin Yishen down 3.58%, ranking last in daily gains.

Chongqing Gas closed at 5.91 yuan, down 7.94% for the day, with a year-to-date change of 7.65%.

Chongqing Port closed at 5.35 yuan, down 6.79%, with a year-to-date change of -2.01%.

Meixin Yishen closed at 19.68 yuan, down 3.58%, with a year-to-date increase of 20.44%.

(Note: The views expressed are for reference only and do not constitute investment advice. The stock market involves risks; invest at your own risk.)

Reporter Liu Yong, Intern Wang Lei