Xinlong Holdings Limit-Up Analysis: Hainan Free Trade Port Policy Drives Earnings Surge

Xinlong Holdings (000955) experienced a limit-up on November 14, 2025 [0], with the core driving factor being expectations of the Hainan Free Trade Port closure policy. According to Sina Finance reports [1], the Hainan Free Trade Port will implement full-island closure operations on December 18, 2025, and policy dividends have entered an accelerated release period. As a local chemical fiber and non-woven fabric enterprise in Hainan, Xinlong Holdings directly benefits from the import advantages of textile raw materials from the Free Trade Port, which can effectively reduce costs and expand downstream businesses [0].

The company’s fundamentals are strong: in the first three quarters of 2025, it achieved revenue of 2.303 billion yuan, an increase of 101.66% year-on-year, and net profit surged by 1037.02% [0]. This significant performance improvement provides a solid foundation for the stock price rise. Data from Eastmoney shows [2] that the company’s stock price has shown an upward trend supported by performance.

Market attention to Hainan Free Trade Port concept stocks has increased significantly, forming a sector effect. According to Great Wisdom’s review data [3], Xinlong Holdings, as a local enterprise in Hainan, has a representative position in the Free Trade Port concept. Analysis from Sohu Securities shows [4] that market funds continue to focus on Hainan Free Trade Port-related targets, driving the stock price up.

The full-island closure of the Hainan Free Trade Port is entering the countdown phase, and policy dividend expectations are being fulfilled at an accelerated pace [1]. As a local enterprise in Hainan, Xinlong Holdings will receive substantial benefits in terms of textile raw material imports and tax incentives. This policy-driven investment opportunity has a clear time window.

The company’s explosive earnings growth (1037.02% net profit increase) combined with policy利好 expectations forms a dual enhancement effect of performance and valuation [0]. This “Davis Double Play” phenomenon is relatively rare in the current market environment and has high investment attractiveness.

Xinlong Holdings owns independent brands such as the PurNatural series, covering multiple fields including maternal and infant health care and household hygiene products [0]. With the support of Free Trade Port policies, the company can better integrate industrial chain resources and enhance product competitiveness.

1. Continuous Release of Policy Dividends
   : After the closure of the Hainan Free Trade Port, relevant policy benefits will continue to emerge, bringing long-term development opportunities to the company [1]
2. Sustainability of Earnings Growth
   : The explosive growth in the first three quarters shows strong development momentum [0]
3. Industrial Chain Integration Advantages
   : Relying on Free Trade Port policies, the company is expected to further optimize its industrial chain layout

1. Uncertainty in Policy Implementation
   : Although policy expectations are clear, the specific implementation effect still needs to be observed
2. Market Sentiment Fluctuations
   : Concept speculation may lead to increased stock price volatility; attention should be paid to fundamental support
3. Intensified Industry Competition
   : With the advancement of Free Trade Port policies, more competitors may enter the market

Considering that the closure time of the Hainan Free Trade Port is December 18, 2025 [1], there is only one month left until the policy is implemented. Market attention may continue to heat up, but at the same time, we need to be alert to the correction risk after the利好 is兑现.

Xinlong Holdings’ limit-up is mainly based on expectations of the Hainan Free Trade Port closure policy and the company’s strong performance. The company’s revenue increased by 101.66% and net profit increased by 1037.02% in the first three quarters, showing significant operational improvement [0]. As a local chemical fiber and non-woven fabric enterprise in Hainan, the company directly benefits from the import advantages of textile raw materials from the Free Trade Port and has good development prospects during the policy dividend release period.

Market sentiment is positive, but investors need to pay attention to the effect of policy implementation and the sustainability of earnings growth. As the closure time of the Hainan Free Trade Port approaches (December 18, 2025) [1], related concept stocks may continue to receive market attention, but it is necessary to rationally evaluate the difference between fundamental support and concept speculation.