The civil explosives sector fluctuated and surged, with Poly Union and KING EXPLORER both hitting the daily limit

Zhitong
2025.03.03 01:37

The civil explosives sector experienced a volatile surge, with Poly Union and KING EXPLORER hitting the daily limit, while GZMB, Xuefeng Sci-Tech (Group), Yahua Group, and TOND saw significant gains. On the news front, on February 28th, the Ministry of Industry and Information Technology issued the "Implementation Opinions on Accelerating the Transformation and Upgrading of the Civil Explosives Industry," promoting the restructuring and integration of enterprises. It encourages civil explosive companies to engage in cross-regional and cross-ownership restructuring and integration, as well as to carry out industrial chain integration, aiming to create a self-controllable industrial chain and supply chain