Haitian stock falls 2.39 percent as Amoy deal meets H1 growth

Haitian stock was trading at CNY 33.12 on the Shanghai Stock Exchange on September 28, 2026, down 2.39 percent from the prior close of CNY 33.93. The immediate market backdrop combines a strategic acquisition with steady first-half growth and softer second-quarter adjusted profit.

Amoy deal expands the platform

As Yahoo Finance reported on September 16, 2026, Haitian acquired Amoy Food from Trustar Capital. Amoy sells soy sauce, oyster sauce, seasoning sauces and frozen dim sum, giving Haitian an additional branded food platform and distribution network.

The acquisition follows a first half in which Haitian generated RMB 16.146 billion of revenue, up 6.01 percent year over year, according to Futu. Net profit attributable to shareholders rose 7.13 percent to RMB 4.190 billion in the six months ended June 30, 2026.

Growth is broad but uneven

Haitian's gross margin reached 41.04 percent in the first half, 0.92 percentage points higher than a year earlier. The low-sodium and organic nutrition and health range grew 27.09 percent, while online channel revenue increased 15.45 percent to RMB 972 million, the interim report said.

The quarterly detail is less uniform. Second-quarter revenue rose 2.93 percent to RMB 7.117 billion, while net profit excluding non-recurring items fell 3.39 percent to RMB 1.613 billion, according to Futu. That split makes product mix, channel expansion and integration execution central to the next results cycle.

Analyst target remains above market

On August 31, 2026, Jefferies kept its Buy rating but reduced its price target from CNY 46.00 to CNY 43.00, as reported by MarketScreener. The target lies 29.83 percent above the September 28 market price, while the stock's 52-week range is CNY 31.60 to CNY 42.45.

Haitian stock trades below yearly high

At 2:15 p.m. China Standard Time on September 28, 2026, Haitian stock stood at CNY 33.12, with a session range of CNY 33.06 to CNY 33.96. Market capitalization was CNY 184.2 billion, and volume reached 11,735,512 shares.