Haiou Living Technology (002084) November 21 Trading Halt Analysis: Strategic Layout and Capital Inflow Drive Market Performance

This analysis is based on Tushare’s trading halt pool data. Haiou Living Technology (002084) hit the upper price limit on November 21, 2025 [3]. The following is a comprehensive analysis:

Haiou Living Technology was founded in 1998 and mainly engages in the design and manufacturing of integrated bathroom space components [0]. In the first three quarters of 2025, its revenue was 2.04 billion yuan (year-on-year -5.36%), and net profit was a loss of 62.2644 million yuan (year-on-year -1274.88%) [0]. However, on November 21, its stock price hit the upper limit to 4.4 yuan with a 10% increase [2]. On that day, main funds had a net purchase of 86.2913 million yuan, accounting for 38.36% of total turnover [1]. Core driving factors include: Vietnam manufacturing base passed SA8000 certification, effectively avoiding trade friction risks [0]; significant technological breakthroughs in the smart bathroom field, with multiple certifications accumulated [0]; the company has multiple thematic concepts such as cross-Strait relations [0].

1. Divergence between Capital and Fundamentals
   : Despite short-term performance pressure, the large inflow of main funds shows institutions’ expectations for long-term business improvement [0,1].
2. Value of Strategic Layout
   : The certification of the Vietnam base lays the foundation for export expansion, and the accumulation of smart technology enhances product competitiveness [0,4].
3. Thematic Concept Support
   : Multiple concept attributes increase market attention and drive short-term stock price performance [0].

: Net profit loss in the first three quarters, short-term performance pressure remains [0]; market sentiment-driven上涨 may face correction risks.
: The Vietnam base layout is expected to open up the export market [0]; technological advantages in the smart bathroom field may be converted into performance growth momentum [0].

Haiou Living Technology (002084) hit the upper price limit on November 21 mainly driven by the progress of the Vietnam base layout, technological breakthroughs in smart bathrooms, and main capital inflows. Despite short-term performance losses, the market has strong expectations for its future business improvement. Investors need to pay attention to subsequent performance improvement signals and sustained capital inflows.