China Stock of the Day | Kabutaro & Friends

Liaoning Shidai Wanheng <600241>, a Liaoning-based company that makes lithium-ion batteries for power tools and other uses, was the Chinese stock most talked about online on October 8, 2026.
Background: On October 8, the first trading day after the National Day holiday, A-shares fell sharply, with the STAR 50 Index down 4.82% and the ChiNext Index down 3.15% as tech stocks were sold. Battery stocks bucked the trend, and the stock hit its daily limit at 10.69 yuan (+9.98%) for a fourth consecutive daily limit-up. The catalyst was the "15th Five-Year Plan for the Development of the New-Type Battery Industry," released on September 28 by seven departments including the Ministry of Industry and Information Technology. On the other hand, the company issued an announcement on the evening of September 30 warning of the risk of a rapid decline after the sharp rise. In the first half of 2026, revenue rose 38.42% to 248 million yuan, but net profit attributable to shareholders swung to a loss of 12.4599 million yuan due to a sharp drop in gross margin in its lithium battery business.