Analysis of the Strong Performance of Henggong Precision (301261)

Henggong Precision (301261) is a listed company on the ChiNext board of the Shenzhen Stock Exchange, engaged in the manufacturing of fluid equipment parts and components, belonging to the high-end equipment manufacturing sector [2]. On December 31, 2025, this stock entered the strong stock pool, and its strong performance may be driven by the following multiple factors:

1. Industry Background Support
   : The high-end equipment manufacturing industry where the company operates benefits from domestic manufacturing upgrading policies and downstream demand growth [2], and its long-term development potential is recognized by the market.
2. Fundamental Progress
   : As of 2024, the company’s fluid equipment core component expansion project has been completed 92.09% [3]. After the project is put into operation, it is expected to enhance the company’s production capacity and market competitiveness, becoming a potential driver of performance growth.
3. Shareholder Factor Relief
   : On December 1, 2025, the reduction plan period of the company’s shareholders holding more than 5% of the shares expired [4], alleviating the market’s concerns about shareholder reductions and possibly boosting investor confidence.

In terms of technical analysis, due to data acquisition restrictions, real-time price and trading volume data as of December 31, 2025 cannot be obtained. As of December 12, 2025, the company’s closing price was RMB 80.11 [1]. The highest price of RMB 85.47 and the lowest price of RMB 80.23 on December 11, 2025 can be used as references for recent key resistance and support levels [1].

1. Synergistic Effect of Industry Policies and Project Progress
   : The policy support for the high-end equipment manufacturing industry provides an external environment for the company’s development, while the nearly completed expansion project lays the foundation for internal growth. The two may jointly promote the market’s optimistic expectations for the company’s future prospects.
2. Short-term Impact of Expired Shareholder Reduction
   : The expiration of the major shareholder’s reduction plan eliminates potential selling pressure in the short term, possibly providing some room for stock price increases.

• Risks
  : The industry competition is fierce, and the company needs to continue to innovate and expand production to maintain competitiveness; if the recent increase is too large, there may be a risk of overvaluation; data acquisition restrictions lead to limitations in the analysis [2].
• Opportunities
  : The manufacturing upgrading trend drives industry demand growth; the capacity release after the expansion project is put into operation is expected to promote performance improvement [3].

The strong performance of Henggong Precision (301261) may benefit from the combined effects of industry potential, project progress, and shareholder factors. Due to data restrictions, a comprehensive analysis of its technical aspects and real-time market sentiment cannot be conducted. In the future, attention should be paid to the follow-up progress of the company’s expansion project, changes in the industry competition pattern, and the rationality of the valuation level.