Huafeng Co., Ltd. (002806) Limit-Up Analysis: Driven by Control Rights Change and Market Impact

Huafeng Co., Ltd. (002806) hit the limit-up today (2025-12-01), with a closing price of 14.54 yuan and an increase of 9.98%. The main driver of this limit-up is the market reaction to the company’s control rights change [3].

The company’s former actual controller, Tan Guoying, plans to transfer 16% of the shares (34 million shares) to Chen Yun, with a total price of 1.605 billion yuan and a transfer price of 15 yuan per share, which is a premium of about 13.5% compared to the closing price of 13.22 yuan before the suspension [2]. After the completion of this transfer, Chen Yun will become the new actual controller of the company [5].

Mr. Chen Yun is a senior professional in the polarizer industry, who once served as a co-founder of listed companies such as Holitech and Sanlipu, and has rich experience in industrial integration. The market expects that after he takes control, he may promote the integration of the company with the new energy vehicle and related industrial chains [4].

Huafeng Co., Ltd. mainly engages in new energy vehicle electronic control and drive systems; in the first half of 2025, this business accounted for 62.02% of its revenue [0]. Currently, the new energy vehicle industry is in a stage of dual growth in policy support and market demand, and electronic control systems, as core components, have benefited significantly [6].

This limit-up reflects the market’s positive expectations for the control rights change, especially the possibility of industrial synergy brought by the new controller. Investor attention has increased significantly, and trading activity has risen [3].

From the stock price chart, after the resumption of trading, the stock price directly hit the limit-up, and the trading volume increased, indicating a strong willingness of funds to chase [3]. The short-term technical aspect shows strength, but it is necessary to pay attention to whether the subsequent trading volume can continue to support it.

In the short term, the control rights change will continue to affect the stock price trend; it is necessary to closely follow subsequent announcements (such as the implementation of transfer details, integration plans, etc.). In the medium and long term, if the new controller can effectively integrate resources, the company is expected to gain a more favorable position in the new energy vehicle industry chain. However, attention should be paid to the risks of market fluctuations and the impact of changes in industrial policies.