Core Viewpoint - Lianchuang Optoelectronics experienced a decline in stock price by 2.05% on September 4, 2023, with a current price of 60.66 CNY per share and a total market capitalization of 27.51 billion CNY [1] Company Overview - Lianchuang Optoelectronics, established on June 30, 1999, and listed on March 29, 2001, is located in Nanchang, Jiangxi Province. The company specializes in the research, production, and sales of semiconductor laser series, microelectronic components, high-temperature superconducting induction equipment, intelligent control products, backlight source products, optoelectronic communication, and intelligent equipment cables and metal materials [1] - The main business revenue composition includes: Intelligent Control 49.81%, Backlight Source and Applications 36.15%, Laser Series and Traditional LED Chip Products 7.77%, Optoelectronic Communication and Intelligent Equipment Cables and Metal Materials 4.45%, and Others 1.83% [1] Financial Performance - For the first half of 2025, Lianchuang Optoelectronics achieved operating revenue of 1.648 billion CNY, representing a year-on-year growth of 6.51%. The net profit attributable to the parent company was 263 million CNY, with a year-on-year increase of 15.18% [2] - Since its A-share listing, the company has distributed a total of 408 million CNY in dividends, with 85.46 million CNY distributed over the past three years [3] Shareholder Information - As of June 30, 2025, the number of shareholders for Lianchuang Optoelectronics was 44,600, a slight decrease of 0.08% from the previous period. The average number of circulating shares per person increased by 0.08% to 10,169 shares [2] - The top ten circulating shareholders include Southern CSI 500 ETF, which is the third-largest shareholder with 5.4028 million shares, and Guotai CSI Military Industry ETF, which increased its holdings by 657,800 shares [3]

Market Overview - On September 3, the consumer electronics sector declined by 0.91% compared to the previous trading day, with Lianchuang Optoelectronics leading the decline [1] - The Shanghai Composite Index closed at 3813.56, down 1.16%, while the Shenzhen Component Index closed at 12472.0, down 0.65% [1] Stock Performance - Notable gainers in the consumer electronics sector included: - Hanzi Technology (301491) with a closing price of 68.32, up 5.27% [1] - Zhishang Technology (301486) with a closing price of 96.01, up 5.24% [1] - Wanqujiang (301086) with a closing price of 64.49, up 4.93% [1] - Major decliners included: - Lianchuang Optoelectronics (600363) with a closing price of 61.93, down 6.73% [2] - Shenglan Co., Ltd. (300843) with a closing price of 54.20, down 6.23% [2] - Laimu Co., Ltd. (603633) with a closing price of 11.38, down 6.03% [2] Capital Flow - The consumer electronics sector experienced a net outflow of 3.564 billion yuan from institutional investors, while retail investors saw a net inflow of 4.056 billion yuan [2][3] - Specific stock capital flows showed: - Industrial Fulian (601138) had a net inflow of 1.87 million yuan from institutional investors [3] - Xiechuang Data (300857) had a net inflow of 98.75 million yuan from institutional investors [3] - Jingyan Technology (300709) had a net inflow of 81.52 million yuan from institutional investors [3]

9月3日，联创光电跌5.03%，截至发稿，报63.06元/股，成交7.98亿元，换手率2.71%，总市值285.99亿 元。 截至发稿，艾小军累计任职时间11年237天，现任基金资产总规模1418.59亿元，任职期间最佳基金回报 208.95%， 任职期间最差基金回报-42.8%。 风险提示：市场有风险，投资需谨慎。本文为AI大模型自动发布，任何在本文出现的信息（包括但不 限于个股、评论、预测、图表、指标、理论、任何形式的表述等）均只作为参考，不构成个人投资建 议。 责任编辑：小浪快报 数据显示，国泰基金旗下1只基金位居联创光电十大流通股东。国泰中证军工ETF（512660）二季度增 持65.78万股，持有股数421.42万股，占流通股的比例为0.93%。根据测算，今日浮亏损失约1407.53万 元。 国泰中证军工ETF（512660）成立日期2016年7月26日，最新规模156.01亿。今年以来收益22.33%，同 类排名1984/4222；近一年收益56.93%，同类排名1481/3783；成立以来收益27.43%。 国泰中证军工ETF（512660）基金经理为艾小军。 资料显示，江西联创光电科技股份有限 ...

Core Viewpoint - The company announced a share buyback plan, indicating a commitment to returning value to shareholders and potentially signaling confidence in its future performance [2] Summary by Relevant Sections - **Share Buyback Announcement** - On September 1, the company announced a plan to repurchase 1,600,000 shares through the Shanghai Stock Exchange, representing 0.3528% of the current total share capital [2] - **Cumulative Buyback Status** - As of August 31, 2025, the company has repurchased a total of 1,713,400 shares, which accounts for 0.3778% of the current total share capital [2]

格隆汇9月1日丨联创光电(600363.SH)公布，截至2025年8月31日，公司通过上海证券交易所交易系统以 集中竞价交易方式累计回购公司股份1,713,400股，占公司当前总股本比例为0.3778%，购买的最高价为 56.50元/股，最低价为53.44元/股，已支付的总金额为人民币9538.65万元（不含印花税、交易佣金等交 易费用）。 ...

证券代码：600363 证券简称：联创光电 公告编号：2025-067 江西联创光电科技股份有限公司 关于股份回购进展公告 二、回购股份的进展情况 重要内容提示： | 回购方案首次披露日 | 2025/1/24 | | | | | | --- | --- | --- | --- | --- | --- | | 回购方案实施期限 | 年 月 2025 2 10 2 9 | 日~2026 | 年 | 月 | 日 | | 预计回购金额 | 10,000万元~15,000万元 | | | | | | 回购用途 | √减少注册资本 □用于员工持股计划或股权激励 □用于转换公司可转债 | | | | | | | □为维护公司价值及股东权益 | | | | | | 累计已回购股数 | 1,713,400股 | | | | | | 累计已回购股数占总股本比例 | 0.3778% | | | | | | 累计已回购金额 | 95,386,505.38元 | | | | | | 实际回购价格区间 | 53.44元/股~56.50元/股 | | | | | 一、回购股份的基本情况 江西联创光电科技股份有限公司（以下简称"公司"）于 ...

证券代码：600363 证券简称：联创光电 编号：2025-068 江西联创光电科技股份有限公司 关于控股股东部分股权解除质押并再质押的公告 本公司董事会及全体董事保证本公告内容不存在任何虚假记载、误导性陈 述或者重大遗漏，并对其内容的真实性、准确性和完整性承担个别及连带责任。 重要内容提示： 江西联创光电科技股份有限公司（以下简称"公司"或"本公司"）控股股 东江西省电子集团有限公司（以下简称"电子集团"）持有公司股份数量为 94,736,092 股，占公司总股本比例为 20.89%；本次解除质押并再质押后，累计质 押股份数量为 75,728,484 股，占其所持有公司股份总数的 79.94%，占公司总股 本的 16.70%。 公司于近日接到控股股东电子集团通知，获悉其将所持有本公司的部分股份 解除质押并再质押，具体事项如下： 本次解除质押股份部分将用于继续办理后续质押。 1 | 股东名称 | 江西省电子集团有限公司 | | --- | --- | | 本次解质股份（股） | 1,001,733 | | 占其所持股份比例 | 1.06% | | 占公司总股本比例 | 0.22% | | 解除质押时间 | 2 ...

Group 1 - The core point of the news is that Jiangxi Electronic Group has pledged a total of 1.4286 million shares of Lianchuang Optoelectronics, accounting for 0.31% of the total share capital, with a cumulative pledge of 74.3502 million shares, representing 78.48% of its total holdings [1][3] - The financial performance of Lianchuang Optoelectronics for the first half of 2025 shows a revenue of 1.648 billion yuan, an increase of 6.51% year-on-year, and a net profit attributable to shareholders of 263 million yuan, up 15.18% year-on-year [3] - The company reported a second-quarter revenue of 847 million yuan, reflecting a year-on-year increase of 2.16%, and a net profit of 147 million yuan, which is a 19.1% increase year-on-year [3] Group 2 - Lianchuang Optoelectronics specializes in the research, production, and sales of laser series and traditional LED chip products, smart control series products, backlight sources and application products, optoelectronic communication, and intelligent equipment cables and metal materials [4]

Investment Rating - The report maintains a "Recommendation" rating for the company, indicating an expectation to outperform the benchmark index by 10%-20% over the next six months [1][23]. Core Insights - The company achieved a year-on-year growth of 19% in net profit attributable to shareholders in Q2 2025, driven by advancements in laser technology and high-temperature superconductors, which open up future growth opportunities [1][6]. - The company reported a total revenue of 1.65 billion yuan in the first half of 2025, reflecting a 6.5% increase year-on-year, with a net profit of 260 million yuan, up 15.2% year-on-year [6][7]. - The laser segment saw significant growth, with revenue from laser products increasing by 176.87% in H1 2025, while the smart control series faced a decline due to export tariff impacts [6][7]. Financial Performance Summary - **Revenue Forecasts**: Projected total revenues for 2025, 2026, and 2027 are 3.596 billion yuan, 4.002 billion yuan, and 4.506 billion yuan, respectively, with year-on-year growth rates of 15.8%, 11.3%, and 12.6% [2][6]. - **Net Profit Forecasts**: Expected net profits for the same years are 583 million yuan, 721 million yuan, and 875 million yuan, with growth rates of 141.6%, 23.7%, and 21.3% [2][6]. - **Earnings Per Share (EPS)**: Forecasted EPS for 2025, 2026, and 2027 are 1.29 yuan, 1.59 yuan, and 1.93 yuan, respectively [2][6]. Business Segment Analysis - **Laser and LED Chips**: The company achieved a revenue of 128 million yuan in H1 2025, marking a substantial increase of 176.87% year-on-year, with significant contributions from its subsidiary [6]. - **Smart Control Series**: Revenue decreased by 7.07% year-on-year to 821 million yuan in H1 2025, primarily due to export challenges [6]. - **Backlight and Application Products**: This segment saw a revenue increase of 17.95% year-on-year, reaching 596 million yuan, with a focus on industrial control and automotive applications [6]. Industry Outlook - The high-temperature superconducting industry is expected to grow significantly, with the global nuclear fusion equipment market projected to reach 217.2 billion yuan annually by 2031-2035, growing at a compound annual growth rate of 35% from 2023 to 2028 [6]. - The company is positioned to benefit from advancements in commercial aerospace and nuclear fusion technologies, which are anticipated to drive future orders and growth [6].

Group 1 - The core point of the article is that Lianchuang Optoelectronics (SH 600363) announced the pledge and re-pledge of shares by its controlling shareholder, Jiangxi Electronic Group, which holds approximately 94.74 million shares, accounting for 20.89% of the total share capital [1] - After the re-pledge, the total number of pledged shares amounts to approximately 74.35 million, representing 78.48% of the shares held by the controlling shareholder and 16.39% of the company's total share capital [1] - As of the report, Lianchuang Optoelectronics has a market capitalization of 30.2 billion yuan [1]