Analysis of Furi Co., Ltd.'s 7 Consecutive Daily Limits: Lithium Battery Additive Drives Stock Price to All-Time High

Furi Co., Ltd. (002083) achieved 7 consecutive daily limits from November 6 to 14, 2025, with its stock price soaring from 6 yuan to 11.56 yuan, a cumulative increase of 94.94%, hitting an all-time high [1]. The core driver of this round of daily limits comes from the sharp rise in the price of VC (vinylene carbonate), a lithium battery electrolyte additive. Data shows that the price of VC rose from 47,500 yuan/ton on September 1 to 77,500 yuan/ton on November 12, an increase of 63% [1]. The company has an annual VC production capacity of 10,000 tons, and also owns a 40,000-ton chlorinated ethylene carbonate plant to provide raw material guarantee for VC production, forming a complete industrial chain advantage [1].

Although Furi Co., Ltd.'s traditional main business is the textile and apparel industry, the company’s active layout in the new energy lithium battery electrolyte additive business has achieved significant results. In the first three quarters of 2025, Furi New Energy achieved revenue of 168 million yuan, an increase of 47.78% year-on-year [1], indicating that the new business has become an important growth engine. This successful transformation from a traditional industry to the new energy track has been highly recognized and pursued by the market.

On November 14, Furi Co., Ltd.'s turnover reached 2.495 billion yuan, hitting a record high, indicating extremely high market participation [1]. Dragon and Tiger List data shows that the net purchase on that day was 16.1319 million yuan [3], indicating that main funds are still actively intervening. As a hot track in the market, the lithium battery sector continues to be strong, providing good sector effect support for the rise of individual stocks [5].

Furi Co., Ltd.'s core competitive advantage lies in its complete industrial chain layout. The company not only has VC production capacity but also has the production capacity of upstream raw material chlorinated ethylene carbonate, which enables it to have stronger cost control and profitability during the VC price rise cycle [1]. Against the background of the continuous improvement of the lithium battery industry chain’s prosperity, this vertical integration advantage is particularly precious.

The market is carrying out valuation reconstruction for Furi Co., Ltd., transforming from a traditional textile enterprise to a new energy material enterprise. The performance of 7 consecutive daily limits reflects investors’ strong expectations for the company’s new energy business prospects [2]. This kind of valuation reconstruction is often accompanied by high volatility, but it may also bring a systematic improvement in valuation levels.

From the technical analysis perspective, the continuous daily limits of the stock price are accompanied by a significant increase in trading volume, showing strong upward momentum and market participation [0]. The emergence of historical high volume usually means sufficient turnover, laying a good foundation for subsequent market conditions, but we also need to be alert to the pressure of short-term profit taking.

• Short-term Correction Risk
  : After 7 consecutive daily limits, the cumulative increase in stock price is huge, and the pressure of short-term technical correction increases
• VC Price Volatility Risk
  : The current VC price is at a high level, and if it falls, it may affect the company’s profit expectations
• Overvaluation Risk
  : After the rapid rise in stock price, the valuation level has increased significantly, and there is a need for correction
• Policy Change Risk
  : Changes in new energy industry policies may affect the prosperity of the entire industry chain

• Industry Prosperity Continues
  : The lithium battery industry chain is still in a high prosperity cycle, and VC demand is expected to continue to grow
• Capacity Release Effect
  : The gradual release of the company’s 10,000-ton VC capacity will bring performance growth
• Industry Chain Integration Advantage
  : The complete industrial chain layout has significant advantages in industry competition
• Valuation Improvement Space
  : With the increase in the proportion of new energy business, the valuation system is expected to be further optimized

Considering that it is currently in the VC price rise cycle and the strong stage of the lithium battery sector, market attention will remain high in the short term. However, investors need to closely monitor the VC price trend and the company’s capacity release progress, which will determine the sustainability of the subsequent market [4].

Furi Co., Ltd.'s 7 consecutive daily limits this round are the result of the resonance of multiple factors: fundamentals, capital, and technology. The core driving factors are the sharp rise in VC prices and the rapid growth of the company’s new energy business [1]. Market sentiment is extremely optimistic, and the record high turnover shows the热度 of capital chasing [3]. From the perspective of the industry chain, the company has a complete VC production chain advantage and strong competitiveness in the industry prosperity cycle.

Investors should focus on key indicators such as VC price trends, company capacity release progress, and changes in the proportion of new energy business. In the short term, the stock price may continue to remain strong, but after a sharp rise, the volatility risk is also increasing, so it is necessary to rationally evaluate the investment value and risk-return ratio [4][5].