Gaole Shares (002348) Limit-Up Analysis on November 24, 2025: Market Performance Driven by Multiple Positive Factors

This analysis is based on a report from Securities Star about the limit-up of Gaole Shares (002348) [1], published on November 24, 2025. Gaole Shares hit the limit-up on the day, with a closing price of 4.81 yuan and an increase of 9.34% [0], and order sealing funds of 64.354 million yuan [2]. Core driving factors include the rotation of the solid-state battery concept sector, development of the AI toy business, foreign trade benefits from the RCEP policy, and corporate governance optimization. The performance in H1 2025 was strong [0].

On November 24, 2025, Gaole Shares (002348) closed at the limit-up, mainly driven by the following factors:

1. Solid-state battery concept rotation
   : News of the completion of China’s first large-capacity all-solid-state battery production line drove sector activity [4], and Gaole Shares benefited from concept association;
2. AI toy business expansion
   : The company holds well-known IP licenses, and the AI toy market has broad prospects [1];
3. Foreign trade benefits
   : The RCEP policy significantly promoted export business growth [1];
4. Corporate governance optimization
   : Established special committees and introduced professional talents to improve operational efficiency [0];
5. Performance support
   : In H1 2025, revenue increased by 35.9% year-on-year, and net profit rose by 22% [0].

• Cross-domain association
  : The linkage between the solid-state battery concept (technology sector) and toy manufacturing (consumer sector) reflects the market’s concept rotation characteristics [4];
• Growth momentum
  : The AI toy business and foreign trade exports provide sustained growth potential for the company [1];
• Governance improvement
  : Corporate governance optimization boosts investor confidence [0].

• Opportunities
  : Expansion of the AI toy market, continued release of RCEP policy dividends;
• Risks
  : Concept-driven stock price volatility, intensified competition in the toy industry;
• Time sensitivity
  : In the short term, attention should be paid to the sustainability of the solid-state battery concept and the fulfillment of the company’s performance.

The limit-up of Gaole Shares (002348) reflects the market’s recognition of its multiple positive factors, including concept rotation, business growth, and governance optimization. The H1 2025 financial data is strong, and sufficient order sealing funds indicate market confidence [2]. Investors should pay attention to subsequent business progress and industry policy changes.