Duolun Technology (603528) Limit-Up Analysis Report

Duolun Technology (603528) hit the limit-up on December 8, 2025 (9.98% increase, closing price $10.03), becoming a market focus. This limit-up was mainly driven by three factors: First, macro policy catalysis: the Chinese government’s 2030 Intelligent Transportation Network Transformation Plan promotes the application of AI in the transportation field, and Duolun Technology, as an intelligent transportation system provider, directly benefits [1]; Second, technical momentum: the stock is in an upward trend, with MACD golden cross and KDJ indicators bullish, showing strong market buying sentiment [0]; In addition, the high prosperity of intelligent transportation as an important AI application scenario also supports the stock price rise.

Although no direct positive announcements at the company level were found, the combined effect of industry policies and technical aspects drove the stock price to limit-up. The intelligent transportation industry is significantly affected by policies, and the future progress of policy implementation will become a key variable affecting the performance of the company and the industry. At the same time, the enlarged trading volume (29.68M shares, higher than the 20-day average) indicates increased market participation, but attention should be paid to the divergence between the technical RSI overbought signal and the weak fundamentals.

: The intelligent transportation industry is in a period of policy dividends. If the company can seize the industry development opportunities, improve technical capabilities and market share, the long-term development prospects are promising.
: First, fundamental risks: the company’s TTM P/E ratio is -126.72, ROE is -2.87%, and net profit margin is -13.47%, showing poor profitability [0]; Second, valuation risks: the price-to-sales ratio of 17.07 is much higher than the industry average, indicating overvaluation [0]; Third, technical risks: RSI is overbought, and a short-term correction may occur; Fourth, policy risks: the progress of policy implementation may affect the company’s performance.

• Daily Performance: Limit-up on December 8, 2025, closing price $10.03, hitting a recent high [0].
• Technical Indicators: Upward trend, MACD golden cross, KDJ bullish, RSI overbought [0].
• Key Price Levels: Support level at $9.42, resistance level at $10.03 (current limit-up price), next target level at $10.42 [0].
• Market Sentiment: Increased social media discussions, enlarged trading volume, strong short-term momentum, but need to be alert to correction risks.