China National Fisheries Corp. (000798) Driving Factors and Comprehensive Analysis of Its Popular Performance

This analysis is based on the information that China National Fisheries Corp. (000798) entered the hot list as displayed on the Wencai Stock Selection Platform [3], combined with data analysis from sources like StockStar [1] and Xueqiu [2]. China National Fisheries Corp. has recently achieved 4 consecutive limit-up days and become a market focus. The driving factors include significant performance growth, the hot trend of the pre-made dish sector, domestic substitution demand brought by geopolitics, high market sentiment, and policy support.

China National Fisheries Corp. (000798) has shown strong performance recently. As of November 21, 2025, its closing price was 15.09 yuan, with 4 consecutive limit-up days [2]. The core driving factors for it becoming a hot stock are as follows:

• Fundamental Improvement
  : The net profit in the first three quarters of 2025 increased by 230.08% year-on-year [2], and profitability has improved significantly;
• Sector Hot Trend
  : The aquatic pre-made dish concept is popular in the market, and the company, as a leading shrimp enterprise, benefits from industry growth [1];
• Geopolitical Catalyst
  : Tensions in Sino-Japanese relations have promoted domestic substitution demand in the aquatic product sector, and the company’s product competitiveness has enhanced [1];
• Market Sentiment
  : Consecutive limit-up days have attracted capital inflows, and market attention has increased significantly [3];
• Policy Support
  : The aquatic aquaculture industry has received more policy support, and the industry development environment has been optimized [1].

• Multi-factor Resonance
  : Performance growth overlaps with policy support, and the hot trend of pre-made dishes resonates with domestic substitution demand, amplifying the stock price performance [1][2];
• Industry Synergy Effect
  : The rise of the aquatic pre-made dish sector not only brings incremental markets but also forms synergy with the domestic substitution trend, enhancing the company’s long-term competitiveness [1];
• Combination of Sentiment and Fundamentals
  : Consecutive limit-up days reflect high market sentiment, but fundamental improvement provides certain support for the stock price [2][3].

• Performance Sustainability
  : Attention should be paid to whether subsequent quarterly performance can maintain high growth [2];
• Industry Competition
  : Competition in the aquatic pre-made dish market is intensifying, and core categories need to continuously improve competitiveness [5];
• Geopolitical Volatility
  : Changes in Sino-Japanese relations may affect the stability of domestic substitution demand [1].

• Pre-made Dish Market Expansion
  : Industry scale growth brings incremental space for the company [1];
• Policy Dividends
  : The policy support for the aquatic aquaculture industry is increasing, which is beneficial to the company’s development [1];
• Domestic Substitution Space
  : The domestic substitution demand driven by geopolitical factors still has potential for release [1].

##5. Key Information Summary
The popular performance of China National Fisheries Corp. is the result of the combined effect of multiple factors such as fundamentals, industry, policy, and sentiment. Investors should comprehensively consider factors from various dimensions, rationally view short-term stock price fluctuations and long-term value potential, and pay attention to the sustainability of performance and industry competition dynamics [2][5].