Analysis of Recent Strong Performance of Hengbo Co., Ltd. (301225)

The recent strong performance of Hengbo Co., Ltd. is driven by multiple overlapping factors:

• Sector Drive
  : The PEEK material sector’s rise drove the stock to a 20CM limit-up [1]. As a high-performance special engineering plastic, PEEK is widely used in automotive lightweighting, electronics, and other fields, leading to increased market attention.
• Concept Support
  : Involves hot market concepts such as new energy vehicles, auto parts, and Huawei Auto [4], benefiting from the prosperity of related industries.
• Fundamental Support
  : In the first three quarters of 2025, operating revenue was 731 million yuan, a year-on-year increase of 19.0%; net profit attributable to the parent company was 94.1793 million yuan, a year-on-year increase of 8.89% [3][5]. Meanwhile, the company is a national specialized, sophisticated, unique, and new “Little Giant” enterprise, a leading enterprise in China’s internal combustion engine parts industry, and the largest motorcycle air filter manufacturer in China [4].
• Institutional Capital Inflow
  : On December 25, there were 28 block trades, with a total transaction volume of 900,200 shares and a transaction amount of 75.8718 million yuan. Institutional dedicated seats had a net purchase of 48.7648 million yuan, indicating institutional investors’ interest [6].

• Price Changes
  : From December 25 to December 29, the cumulative increase exceeded 30% in three consecutive trading days, closing at 139.09 yuan with a 20% limit-up on December 29 [0][2].
• Trading Volume
  : Trading volume was 35,500 lots on December 29 [1], and recent trading volume has increased significantly, indicating active market trading.
• Dragon and Tiger List
  : Listed on the Dragon and Tiger List due to cumulative increase exceeding 30% in three consecutive trading days, with abnormal stock price fluctuations attracting market attention [2].

• Performance Growth
  : Achieved stable revenue and net profit growth in the first three quarters of 2025 [3][5].
• Industry Position
  : China’s largest motorcycle air filter manufacturer and a national specialized, sophisticated, unique, and new “Little Giant” enterprise [4].
• Business Layout
  : Involves new energy vehicle-related fields, with long-term development potential.

1. Cross-domain Correlation
   : The strong performance of Hengbo Co., Ltd. reflects the linkage effect of multiple hot sectors such as PEEK materials and new energy vehicles, embodying the market’s continuous attention to high-end materials and new energy vehicle industry chains.
2. Institutional Capital Signal
   : Institutional net purchases in block trades indicate institutions’ confidence in the company’s long-term development prospects, providing certain support for the stock price [6].
3. Combination of Short-term and Long-term
   : The company has both short-term hot concept catalysis and long-term fundamental support, requiring a combination of both to judge the sustainability of the stock price.

• Short-term Volatility Risk
  : Stock price volatility may intensify after consecutive limit-ups, and callback risks need to be watched out for.
• Valuation Risk
  : Recent stock price increase is large, and attention should be paid to whether the price-to-earnings ratio is too high.
• Performance Uncertainty
  : Although new energy vehicle-related businesses are laid out, they are still in the expansion stage, and there is uncertainty in future performance growth.

• Industrial Development Opportunities
  : Benefit from the long-term development of industries such as PEEK materials and new energy vehicles.
• Institutional Recognition
  : Institutional capital inflows indicate that the company’s long-term value is recognized [6].

The recent strong performance of Hengbo Co., Ltd. (301225) is jointly influenced by sector drive, concept support, fundamental support, and institutional capital inflows. Technically, the stock price has risen sharply continuously with increased trading volume; fundamentally, the company has stable performance growth and a leading industry position. However, short-term volatility risks and valuation risks need to be noted, and it is recommended to continue following based on industrial development trends and changes in the company’s fundamentals.