Analysis of Haixia Innovation (300300) Strong Performance: Stock Price Surge Driven by AI Computing Power Concept

Haixia Innovation (300300) entered the strong stock pool on November 15, 2025, with exceptionally strong stock price performance. According to analysis data, the stock has risen 212.76% cumulatively from October 17 to now, with a single-day increase of 14.20% on November 14 and a weekly turnover rate of 33.10%[0]. This round of strong market performance is mainly driven by the concepts of AI computing power and intelligent computing centers. The multiple projects the company is involved in, such as intelligent computing centers, IDC data research and development centers, and big data industrial parks, align with current market hotspots[1][2].

Haixia Innovation Co., Ltd. is listed on the ChiNext board, with main businesses covering innovative business cultivation and development, and core smart city businesses, including IDC data centers, smart transportation, smart public security, smart communities, smart culture and tourism, etc.[0]. The company has participated in the construction of multiple intelligent computing center-related projects, which provides substantial business support for it in the wave of AI computing power.

In terms of financial performance, the company is still in a loss state in 2025, but its revenue shows a slight growth trend:

• 2025 Q3 revenue: 19.3378 million yuan, a year-on-year increase of 2.25%
• 2025 Q3 net profit: loss of 22.6059 million yuan
• 2025 first three quarters revenue: 92.0578 million yuan, a year-on-year increase of 4.75%
• 2025 first three quarters net profit: loss of 17.2383 million yuan[0]

Although the financial data has not yet turned positive, the positive signal of revenue growth indicates that the company’s business is gradually improving.

Technically, it shows a strong upward trend, and the stock price has risen sharply in the short term. High turnover rate (weekly turnover rate of 33.10%) indicates extremely high market attention and active capital participation[0][3]. This technical strength and the expectation of fundamental improvement have formed a resonance effect.

AI computing power concept stocks performed strongly overall in 2025, and industry policy support has increased[0]. As a Fujian state-owned asset concept stock, Haixia Innovation has the advantage of state-owned asset reform background, which provides additional valuation support in the current policy environment[1][2]. Multiple smart city segments in the company’s business layout are all key development directions supported by the state.

Haixia Innovation’s strong performance reflects the typical characteristics of concept-driven in the A-share market. Although the company’s financial performance has not yet fully improved, it has gained high favor from market funds relying on popular concepts such as AI computing power and intelligent computing centers, as well as its state-owned asset background[1][2].

The company’s business covers multiple popular areas such as IDC data centers, smart transportation, and smart public security, all of which are closely related to digital transformation and AI development. Although the current revenue scale is relatively small, the forward-looking nature of its business layout has laid the foundation for its future development[0].

High growth accompanied by high turnover rate not only reflects market enthusiasm but also indicates short-term volatility risks. Investors need to distinguish between the substantive differences between concept speculation and fundamental improvement[3].

1. Valuation Risk
   : Excessive short-term growth may lead to valuation deviation from fundamentals
2. Performance Risk
   : The company is still in a loss state, and profitability needs to be verified
3. Volatility Risk
   : High turnover rate indicates high short-term volatility
4. Concept Fade Risk
   : The popularity of the AI computing power concept may weaken over time

1. Policy Dividends
   : The smart city and AI computing power fields continue to receive policy support
2. Industry Prosperity
   : The long-term growth trend of AI computing power demand is clear
3. State-owned Asset Background
   : Fujian state-owned asset background may bring resource and policy advantages
4. Business Synergy
   : Multi-business layout is expected to form synergy effects

Haixia Innovation (300300)'s strong performance is mainly driven by the concepts of AI computing power and intelligent computing centers, and the company’s related project layout aligns with market hotspots. Although its 2025 financial results are still in a loss state, its revenue shows a growth trend, and its business covers multiple cutting-edge areas of smart cities. Technically, it shows a strong upward trend, but high turnover also indicates short-term volatility risks. Investors should focus on the substantive progress of the company’s fundamental improvement, rather than just chasing concept popularity. In the long run, the company’s layout in the smart city and AI computing power fields has certain strategic value, but in the short term, it is necessary to be alert to the valuation risks brought by concept speculation.