SANYUAN(SH:600429) Di Yi Cai Jing Zi Xun·2025-11-12 03:32Core Viewpoint - The recent popularity of "milk skin candy hawthorn" has led to a significant surge in the stock price of Sanyuan Foods, despite the company denying any direct involvement with the trending product [2][3]. Group 1: Stock Performance - Sanyuan Foods' stock price experienced a "limit up" on November 11, following two consecutive trading days of price increases, outperforming other dairy stocks [2]. - Other dairy stocks also saw varying degrees of price increases during the same period [2]. Group 2: Product and Market Dynamics - The "milk skin candy hawthorn" has gained national attention, particularly this winter as hawthorn fruit becomes widely available, leading to a surge in demand for this seasonal treat [2]. - Traditional hawthorn candy prices range from 3 to 5 yuan per skewer, while the new milk skin variant is priced between 18 to 25 yuan, indicating a significant markup due to its popularity [2]. Group 3: Company Announcements and Financials - Sanyuan Foods announced on November 11 that it has no undisclosed significant matters or media reports that could impact its stock price, and the reasons for the stock price increase remain unclear [3]. - The company's third-quarter report indicated a revenue of 4.87 billion yuan, a year-on-year decrease of 10.1%, while net profit attributable to shareholders was 240 million yuan, reflecting a year-on-year increase of 124.8% [3].