Analysis of Strong Performance of Quanyin Hi-Tech (300087): Driven by Controlling Shareholder's Premium Acquisition and Industry Impact

Quanyin Hi-Tech (300087) has shown strong recent performance, with the core driver being the premium tender offer from its controlling shareholder, China National Seed Group. On November 20, 2025, China National Seed Group issued an announcement to acquire 189 million shares (accounting for 20% of the total share capital) at a price of 11.85 yuan per share, which represents a 16.63% premium over the closing price of 10.16 yuan at that time [1]. This event directly stimulated the stock price to hit the daily limit-up to 11.81 yuan on November 21, with a single-day increase of 16.24% [4]. After the acquisition is completed, China National Seed Group’s shareholding ratio will rise to 40.51%, further strengthening its controlling stake [1].

As a leading seed enterprise, Quanyin Hi-Tech has significant competitive advantages in the hybrid rice field, with comprehensive seed industry strength ranking among the top 2 in the country [0]. The company’s annual seed sales exceed 200 million kilograms, with a promotion area of 80 million mu, and its market share in hybrid rice is approximately 14% [0]. However, in the first half of 2025, the company’s net profit was only 2.197 million yuan, with a net profit margin of -2.02%, showing平平 short-term fundamental performance [0].

The Seed Industry Revitalization Action is being further promoted. The 15th Five-Year Plan of the Communist Party of China clearly proposes to “deepen the implementation of the Seed Industry Revitalization Action” [2], providing policy guarantees for industry development. The market size of the agricultural seed sector is expected to reach 148.067 billion yuan in 2025 [0], with an obvious trend of industry integration. Quanyin Hi-Tech is expected to benefit from policy support and increased industry concentration [0].

: The controlling shareholder’s acquisition is expected to resolve the problem of horizontal competition and improve governance efficiency [1]; the “Quanke 785” variety has a per mu yield exceeding 1000 kilograms, with great potential for technological breakthroughs [0]; industry policy dividends continue to be released [2].
: Short-term net profit is low, and fundamentals are weak [0]; there is uncertainty about the completion of the acquisition [1]; the increase in the number of shareholders (from 50,000 to 50,800) may trigger short-term fluctuations [0]