Longzhou Co., Ltd. (002682) Limit-Up In-Depth Analysis: Multiple Concept Resonance and Market Impact

Longzhou Co., Ltd. (002682) main business covers road passenger transport, logistics transport, refined oil sales, and automobile manufacturing, etc. [1]. In the first three quarters of 2025, its revenue was 2.099 billion yuan, and net profit attributable to parent company was 287 million yuan, with a year-on-year growth of 2.52% [0]. Recent stock price activity is mainly driven by multiple concepts: its subsidiary Changfeng Special Automobile cooperates with Aerospace New Long March Group to develop new aerospace thermal insulation materials, entering the commercial aerospace field [2]; the energy storage equipment business benefits from industry growth, and its 120kVA energy storage vehicle product has attracted market attention [1]; the background of state-owned enterprise reform (actual controller is Longyan Municipal State-owned Assets Supervision and Administration Commission) and Fujian regional policy expectations have enhanced investors’ confidence [1]. On November 18, the company’s stock price hit the limit-up board, achieving 4 consecutive limit-ups, reflecting market funds’ pursuit of its concept portfolio [3].

1. Concept Superposition Effect
   : The combination of commercial aerospace and energy storage (two hot tracks) has significantly enhanced the company’s valuation imagination, becoming the core catalyst for the stock price rise [2].
2. State-Owned Background Advantage
   : Under the state-owned enterprise reform policy, the company is expected to receive resource integration support, enhancing long-term development potential [1].
3. Regional Theme Catalysis
   : The location advantage in Fujian may benefit from policies related to cross-Strait development, further expanding business space [1].

• Concept-driven rise is easily affected by market sentiment fluctuations, with short-term correction risks [4];
• Need to pay attention to the actual implementation progress and performance contribution of new businesses (energy storage, aerospace) [0].

• The continuous growth of the energy storage industry provides business expansion space for the company [1];
• The deepening of state-owned enterprise reform may bring more policy dividends [1].

The recent limit-up of Longzhou Co., Ltd. (002682) is mainly driven by multiple hot concept resonance and market funds. Investors should pay attention to the company’s new business progress, state-owned enterprise reform dynamics, and changes in market sentiment, and rationally evaluate the investment value.