Tianye Co., Ltd. (920023) Strong Performance and Trend Analysis

Tianye Co., Ltd. (920023) is a tropical fruit product processing and sales enterprise listed on the Beijing Stock Exchange (BSE). It entered the strong stock pool due to a 29.89% limit-up performance on December 22, 2025[0][1]. Technically, the turnover on the limit-up day reached 635 million yuan, with a turnover rate of 42.91% (far higher than the average), indicating high participation of short-term funds[1]; however, in the two trading days after the limit-up, the stock price fell by 11.68% and 3.07% respectively. Although the trading volume has declined, it remains high, indicating significant divergence in market sentiment[2][4]. Dragon and Tiger List data shows that on the limit-up day of December 22, brokerage seats had a total net sell of 4.8555 million yuan, and the largest selling brokerage sold over 23 million yuan, highlighting the intention of some funds to take profits at high levels[1].

Fundamentally, as the ‘first fruit juice stock on BSE’, the company benefits from the overall performance of the consumer sector, but it has a history of information disclosure violations and potential delisting risks[3][0]. The company’s main business is tropical fruit processing and sales. Although it has the advantage of sector positioning, long-term performance support still needs further verification[3].

1. Obvious Short-term Speculative Characteristics
   : The high turnover rate on the limit-up day and net sell data from the Dragon and Tiger List indicate that this strong performance is more driven by short-term speculative funds rather than long-term investment behavior driven by fundamentals[1].
2. Polarized Market Sentiment
   : Being on the Dragon and Tiger List for three consecutive days shows that the stock is actively traded and highly concerned, but the short-term correction range is large, reflecting significant divergence among funds on the subsequent trend of the stock price[1][2][4].
3. Company Risks Need Attention
   : The historical record of information disclosure violations poses potential risks to the company’s long-term development; it is necessary to pay attention to regulatory dynamics and subsequent rectification progress[3].

1. Technical Risk
   : After consecutive limit-ups, the short-term correction range is large, and there is still profit-taking pressure; further fluctuations need to be vigilantly watched[2][4].
2. Company Risk
   : History of information disclosure violations, potential delisting risk; need to pay attention to corporate governance and regulatory situation[3].
3. Valuation Risk
   : Short-term stock price fluctuations are violent; the rationality of valuation is questionable[0].

1. Sector Opportunity
   : If the consumer sector continues to recover, the company, as the ‘first fruit juice stock’, may benefit from sector dividends[0].
2. BSE Positioning
   : The unique sector positioning may attract the attention of specific investors[3].

The short-term strong performance of Tianye Co., Ltd. (920023) is mainly driven by its positioning as the ‘first fruit juice stock on BSE’ and the short-term popularity of the consumer sector. However, the technical side shows obvious short-term speculative characteristics, and the net sell on the Dragon and Tiger List indicates that some funds have taken profits. The company has a history of information disclosure violations and potential delisting risks. The subsequent trend needs to be cautiously observed by combining the technical correction situation, the improvement of the company’s fundamentals, and regulatory dynamics.