Analysis of Strong Performance of Shipu Testing: Policy-driven and Technological Breakthroughs

Shipu Testing Technology (Shanghai) Co., Ltd. (301228) performed strongly on November 14, 2025, with a single-day increase of 13.17%, and its stock price broke through 34.20 yuan to hit a new annual high [0]. The stock has risen 49.58% year-to-date, showing a strong market performance [0].

The core driver of the company’s strong performance comes from the policy level. The “Ecological Environment Monitoring Regulations” were passed in October 2025, providing legal protection for the environmental monitoring industry and promoting the industry’s transformation towards quality first [0]. At the same time, the national strategy of carbon peaking and carbon neutrality continues to advance, and the role of ecological environment monitoring as the “backbone” supporting environmental protection is increasingly prominent [0].

Shipu Testing is a professional technology company focusing on testing services, with its main business in the field of soil and environmental testing, and it is listed on the ChiNext board [0]. As a third-party testing institution specializing in soil and groundwater testing, the company has core technical advantages and professional barriers in the environmental monitoring sub-sector [0].

From a technical analysis perspective, the strong rise in the stock price on November 14 broke through the annual high, showing a technical breakthrough signal [0]. This breakthrough is usually accompanied by follow-up technical buying, providing technical support for the subsequent trend.

In terms of capital flow, the main capital net bought 9.405 million yuan on November 10, indicating that institutional capital’s attention to this stock is increasing [0]. Capital inflow provides liquidity support for the stock price rise and also reflects the market’s recognition of the company’s prospects.

It is worth noting that the company’s total operating revenue in the second quarter of 2025 was 72.8289 million yuan, a year-on-year decrease of 40.64% [0]. This phenomenon of deviation between fundamentals and stock price performance indicates that the market is pricing more based on future expectations rather than current performance.

The strong performance of the stock price reflects the market’s advanced reaction to policy dividends. The introduction of the “Ecological Environment Monitoring Regulations” has brought long-term development opportunities to the entire environmental monitoring industry, and Shipu Testing, as a professional institution, is expected to benefit from the market share increase brought by the standardized development of the industry [0].

With the tightening of environmental protection requirements and the improvement of monitoring standards, the environmental testing industry is expected to usher in a process of increased concentration. Third-party testing institutions with technical advantages and brand influence will gain more market share, which provides imagination space for the future development of Shipu Testing.

1. Continuous Release of Policy Dividends
   : The implementation of the “Ecological Environment Monitoring Regulations” will bring sustained policy benefits to the industry [0]
2. Deepening of the “Double Carbon” Strategy
   : The advancement of carbon peaking and carbon neutrality goals will increase demand for environmental monitoring services [0]
3. Technical Breakthrough Effect
   : After the stock price breaks through the annual high, technical buying may continue to follow up
4. Industry Integration Opportunities
   : As a professional third-party institution, it is expected to gain more market share in the process of industry concentration increase

1. Performance Pressure Risk
   : The Q2 2025 revenue decreased by 40.64% year-on-year, indicating that the company faces short-term operational challenges [0]
2. Valuation Risk
   : After a 49.58% increase year-to-date, the valuation level may be too high
3. Policy Execution Risk
   : There is a time lag and uncertainty in the transformation of policy benefits into actual performance
4. Market Competition Risk
   : The environmental testing industry is highly competitive, and technical advantages may face challenges

Shipu Testing (301228) is mainly driven by policy benefits, supported by technical breakthroughs and capital inflows. As a professional third-party institution in the environmental testing field, the company has gained market attention against the background of the introduction of the “Ecological Environment Monitoring Regulations” and the advancement of the “Double Carbon” strategy [0]. Although short-term performance is under pressure, the policy environment and industry prospects provide strong support for the stock price. Investors should pay attention to the effect of policy implementation, the improvement of the company’s performance, and the changing trend of the industry competition pattern.