Analysis of Haixin Food (002702) Hitting Daily Limit for Two Consecutive Days with Over 20% Cumulative Gain: Driven by New Channel Breakthroughs and Market Sentiment

##1. Executive Summary
This analysis is based on daily limit event data from tushare_zt_pool [0]. Haixin Food (002702) hit the daily limit on November 27, 2025, with a cumulative price deviation of over 20% in two consecutive days [1][2]. The company recently entered the Sam’s Club system, and its leisure snack business achieved year-on-year growth [4], but its net profit attributable to parent company in the first three quarters of 2025 was -28.19 million yuan [0], and no major news events driving the sharp stock price rise were found [0].

##2. Comprehensive Analysis
Haixin Food is an A-share company specializing in frozen food, with main businesses covering frozen fish products, rice and noodle products, and room-temperature food [0]. From November 26 to 27, 2025, the company’s stock price had a cumulative price deviation of over 20% in two consecutive days, with a 10.03% daily limit on November 27 [1][3]. Key business developments include successful entry into the Sam’s Club system, with the leisure snack business becoming a new growth driver [4], and accelerated overseas market layout though its proportion remains low [0]. The company’s current market capitalization is approximately 3.657 billion yuan [0], and it belongs to the packaged food industry [7].

##3. Key Insights
Cross-domain correlations indicate that new channel expansion (such as Sam’s Club) and leisure snack business growth are the core highlights of market attention [4], but these progress have not yet reversed the company’s overall loss situation [0]. The short-term sharp rise may be related to market sentiment and capital driving [5], rather than significant fundamental improvements.

##4. Risks and Opportunities

: Net profit attributable to parent company in the first three quarters of 2025 was a loss of 28.19 million yuan, with high operational pressure [0]; no major positive news supporting the consecutive sharp rise in stock price was found [0].
: Entry into the Sam’s Club system brings channel expansion opportunities [4]; the leisure snack business has great growth potential [0].

##5. Key Information Summary
Haixin Food (002702) has shown active stock performance recently, hitting the daily limit with over 20% cumulative gain in two consecutive days, but the company’s fundamentals still face challenges. Investors should pay attention to the company’s channel expansion and business transformation progress, while noting the risk of short-term stock price fluctuations.