← Back

Zhejiang Rongtai Electric Material Co.,Ltd.

Zhejiang Rongtai Electric Material Co., Ltd. and its subsidiaries research, develop, produce, and sell composite materials made from high temperature resistant insulating mica in China and internationally. Its products include mica tapes, plates, tubes, heating elements, laminates and washers, insulators, rolls, and papers, as well as epoxy glass laminates and mica for thermal-protection products, along with one-stop electrical and thermal insulation system solutions and after-sales support. These products are used in new energy vehicles, rail transportation, aerospace and military ships, special wires and cables, intelligent household appliances, and other industrial fields. The company also conducts scientific research and technical services, exports its products, was founded in 1998, and is based in Jiaxing, China.

Price · split & dividend adjusted
News & notes moving 603119.CG
Robotics & Physical AI

Institutions recommend focusing on medium- and long-term allocation opportunities in the low-altitude economy, humanoid robots, and commercial aerospace

Against the backdrop of crowded trading in A-share technology hot sectors and amplified short-term volatility, institutions recommend that investors shift their attention to three major sectors: the low-altitude economy, humanoid robots, and commercial aerospace, seizing pullback windows to position at lower levels. CICC believes that the intensive rollout of low-altitude economy policies is resonating with technological iteration across the industry chain, and expectations for an industry inflection point are gradually strengthening. Guoyuan Securities analyst Gong Siwen suggests focusing on whole-machine names such as Wanfeng Auto Wheel, EHang, JOUAV, and Lvneng Huichong, as well as core component names such as Zongshen Power, Wolong Electric Drive, Yingliu Shares, and Inpower. On the humanoid robot front, Unitree Robotics recently entered the capital market and is expected to provide a clearer valuation anchor for the sector, driving a shift in capital from pure thematic speculation to growth-based pricing. Huayuan Securities analyst Zhao Mengni suggests focusing on Everwin Precision, Foresight Technology, Sanhua Intelligent Controls, Tuopu Group, Leader Harmonious Drive, Shuanghuan Transmission, Hengli Hydraulic, Zhejiang Rongtai, Moons' Electric, and Zhaowei Machinery & Electronics. In commercial aerospace, the Long March 10B and Zhuque-3 have successively completed successful recoveries, and reusable rocket technology is maturing. With falling launch costs resonating with demand for low-orbit constellation networking, industrialization is expected to accelerate. Guotai Haitong Securities analyst Yang Tianhao suggests focusing on Chengchang Technology, Tongyu Communication, Sunway Communication, Shanghai Hanxun, Aerospace Electronics, Feiwo Technology, Sirui Advanced Materials, and Western Metal Materials.
金融投资报·29dRead more →
603119.CG

Zhejiang Rongtai's 2026 Interim Net Profit Reaches 150 Million Yuan, Up 21.67% Year-on-Year

Zhejiang Rongtai has released its 2026 interim report, showing net profit attributable to the parent company of 150 million yuan, an increase of 21.67 percent compared to the same period last year. Total operating revenue reached 898 million yuan, up 56.93 percent year-on-year, while net cash flow from operating activities was 255 million yuan, a surge of 140.24 percent. All three metrics have now risen for four consecutive years. The company's latest asset-liability ratio stands at 36.09 percent, gross margin at 36.57 percent, return on equity at 7.15 percent, and diluted earnings per share at 0.32 yuan. The top ten shareholders hold a combined 257 million shares, representing 54.33 percent of total equity.
Jiemian·38dRead more →
603119.CG

Zhejiang Rongtai Releases 2026 Interim Report, Net Profit Attributable to Parent at 150 Million Yuan

Zhejiang Rongtai released its 2026 interim report on August 11, 2026. The company's total operating revenue was 898 million yuan, net profit attributable to the parent was 150 million yuan, and net cash inflow from operating activities was 255 million yuan. The company's latest asset-liability ratio is 36.09 percent, up 1.63 percentage points from the previous quarter and up 7.04 percentage points from the same period last year. The latest gross margin is 36.57 percent, the latest ROE is 7.15 percent, and diluted earnings per share is 0.32 yuan. The company's latest total asset turnover is 0.27 times, and the latest inventory turnover is 1.39 times. The number of shareholders is 68,800, and the top ten shareholders hold 257 million shares, accounting for 54.33 percent of the total share capital.
Jiemian·39dRead more →
603119.CG

Zhejiang Rongtai's 208 million restricted shares to be unlocked for trading on August 3, 2026

Zhejiang Rongtai announced that 208 million pre-IPO restricted shares will be unlocked for trading on August 3, 2026, accounting for 78.41% of the current tradable A-share float. The latest results show that in the first quarter of 2026, the company achieved operating revenue of 376 million yuan, up 41.26% year-on-year, and net profit attributable to the parent of 71.7924 million yuan, up 20.63% year-on-year. As of the end of the first quarter, the company had monetary funds of 426 million yuan, short-term borrowings of 561 million yuan, and total current liabilities of 1.104 billion yuan.
Jiemian·52dRead more →
603119.CG

Zhejiang Rongtai Independent Director Wu Shiliang Resigns, Nominates She Junle as Candidate

Zhejiang Rongtai announced that independent director Wu Shiliang has resigned from the position for personal reasons. His original term was set to begin upon the company's completion of its H-share issuance and listing and run until the end of the second board term, but the appointment had not yet formally taken effect. The resignation takes effect upon delivery to the board. On the same day, the company held the twenty-third meeting of the second board of directors. To support the H-share issuance and listing and to improve the independent director structure, and following a review by the board nomination committee, the board nominated She Junle as a candidate for independent non-executive director of the second board. This nomination still requires approval at an extraordinary general meeting.
Jiemian·73dRead more →