Analysis of Popular Reasons and Driving Factors for Zhongshui Fishery (000798.SZ)

Zhongshui Fishery (000798.SZ) is a state-controlled pelagic fishery enterprise under the China Agricultural Development Group, with main businesses covering pelagic fishing, aquatic product processing, and fishery services [0]. In 2025, the company’s performance improved significantly—its net profit in the first three quarters increased by 230.08% year-on-year [0], far exceeding the industry average. As of November 21, its stock price has hit 6 consecutive limit-ups [2], showing strong performance. Driving factors include: 1) Significant performance growth; 2) Improved prosperity of the aquatic product industry—domestic demand for aquatic product substitutes increased after Japan discharged nuclear-contaminated water into the sea [0]; 3) As a leading stock in the marine economy sector, it is sought after by capital [3]. Compared with peers, companies like Guolian Aquatic Products are still mired in losses [1], while Zhongshui Fishery shows stronger profitability [0].

Cross-domain correlation: State-controlled background + explosive performance + industry hotspots (substitute demand) jointly drove the stock price up, reflecting the market’s preference for industry leaders with actual profitability. Deep implication: The domestic demand for aquatic product substitutes brought about by Japan’s nuclear-contaminated water discharge incident may form structural opportunities, benefiting compliant pelagic fishery enterprises.

: The stock price has risen too much in the short term (6 consecutive limit-ups), which may face correction pressure; pelagic fishery is greatly affected by international fishery policies and changes in the marine environment. : Continuous policy support for the marine economy sector; long-term potential of domestic demand for aquatic product substitutes; competitive advantages of the company as an industry leader. Priority: Short-term attention should be paid to the risk of stock price fluctuations; long-term tracking of the industry’s substitute demand trend is recommended.

Zhongshui Fishery (000798.SZ) has become a hot stock due to significant performance growth, improved industry prosperity, and market hotspots, with its stock price hitting consecutive limit-ups. The company performs prominently in the aquatic product industry, with profitability superior to some peers. Investors can pay attention to its subsequent performance sustainability and industry policy changes, but need to be aware of the short-term stock price fluctuation risk.