Haixin Foods (SZ:002702) 2 1 Shi Ji Jing Ji Bao Dao·2025-11-28 07:59Core Viewpoint - Hai Xin Food experienced significant stock price volatility, with a rapid decline followed by a surge, resulting in a three-day consecutive limit-up, despite a challenging financial performance in recent quarters [2][3][4]. Group 1: Stock Performance - On November 28, Hai Xin Food opened down 3.04%, quickly hitting the limit-down before rebounding to close at the limit-up, with a turnover rate exceeding 40% and a trading volume of 1.17 billion yuan, bringing the total market capitalization to 4 billion yuan [2]. - The stock has increased over 67% year-to-date, indicating strong market interest despite recent volatility [2]. Group 2: Company Communication - Company representatives stated that there were no significant announcements regarding the stock price fluctuations and emphasized a focus on existing business operations without plans for mergers or acquisitions [3]. - In response to investor inquiries, the company highlighted two key operational achievements: successful entry into the Sam's Club system and growth in the snack food segment [3][4]. Group 3: Financial Performance - For the first three quarters, the company reported a main revenue of 970 million yuan, a year-on-year decline of 15.05%, and a net loss attributable to shareholders of 28.19 million yuan, worsening by 17.94% compared to the previous year [4]. - The operating cash flow turned negative at -84 million yuan, attributed to decreased cash receipts from sales and adjustments in distributor contract cycles [4]. - As of the end of September, the number of shareholders decreased to 42,500, down 8.32% from the mid-year report [4].