Market Overview - The lighting equipment sector experienced a slight decline of 0.03% on January 7, with Qunshang Co., Ltd. leading the losses [1] - The Shanghai Composite Index closed at 4085.77, up 0.05%, while the Shenzhen Component Index closed at 14030.56, up 0.06% [1] Stock Performance - Notable gainers in the lighting equipment sector included: - Lianyu Co., Ltd. with a closing price of 48.90, up 5.39% [1] - Lida Xin with a closing price of 27.49, up 2.27% [1] - Other stocks in the sector showed mixed performance, with some experiencing declines, such as: - Qunshang Co., Ltd. closing at 3.05, down 1.29% [2] - OPPLE Lighting at 18.47, down 0.86% [2] Capital Flow - The lighting equipment sector saw a net inflow of main funds amounting to 32.32 million yuan, while retail investors experienced a net outflow of 35.51 million yuan [2][3] - The main fund inflows for specific companies included: - Lianyu Co., Ltd. with a net inflow of 19.03 million yuan [3] - Lida Xin with a net inflow of 13.69 million yuan [3] - Conversely, Qunshang Co., Ltd. had a net inflow of 3.56 million yuan from main funds but a net outflow of 3.87 million yuan from retail investors [3]

Group 1 - The lighting equipment sector increased by 1.01% on January 6, with *ST Xingguang leading the gains [1] - The Shanghai Composite Index closed at 4083.67, up by 1.5%, while the Shenzhen Component Index closed at 14022.55, up by 1.4% [1] - Key stocks in the lighting equipment sector showed various performance metrics, with *ST Xingguang closing at 2.18, up by 3.32% on a trading volume of 433,000 shares [1] Group 2 - The lighting equipment sector experienced a net outflow of 16.18 million yuan from institutional investors, while retail investors saw a net inflow of 3.91 million yuan [2] - The stock *ST Xingguang had a net inflow of 1.17 million yuan from institutional investors, but a net outflow of 2.56 million yuan from retail investors [3] - The stock with the highest retail investor inflow was *ST Xingguang, with 139.51 million yuan, despite overall negative sentiment from institutional investors [3]

Group 1 - The company, Lianyu Co., Ltd. (001326.SZ), announced a share buyback program, having repurchased a total of 222,200 shares, which represents 0.3036% of its total share capital [1] - The highest transaction price for the repurchased shares was 42.795 CNY per share, while the lowest was 35.440 CNY per share, with a total transaction amount of 8,206,483.00 CNY (excluding transaction fees) [1] - The funds for the share buyback were sourced from the company's own funds or self-raised funds, and the buyback price did not exceed the adjusted upper limit, complying with relevant laws and regulations [1]

Core Viewpoint - The company announced a share repurchase plan with a budget of 8 to 15 million yuan, adjusting the maximum repurchase price to 47.02 yuan per share due to equity distribution changes [1] Group 1: Share Repurchase Details - The board approved the share repurchase plan on April 2025, with a total repurchase budget set between 8 million and 15 million yuan [1] - The maximum repurchase price was initially set at 47.30 yuan per share but was later adjusted to not exceed 47.02 yuan per share [1] - As of December 31, 2025, the company had repurchased a total of 222,200 shares, representing 0.3036% of the total share capital [1] Group 2: Transaction Information - The highest transaction price for the repurchased shares was 42.795 yuan per share, while the lowest was 35.440 yuan per share [1] - The total amount spent on the repurchase was 8.2065 million yuan [1] - The company plans to continue the share repurchase and will disclose progress in a timely manner [1]

深圳市联域光电股份有限公司 关于回购股份的进展公告 本公司及董事会全体成员保证信息披露的内容真实、准确和完整，没有 虚假记载、误导性陈述或重大遗漏。 一、回购股份的基本情况 深圳市联域光电股份有限公司（以下简称"公司""本公司"或"联域股份"） 于 2025 年 4 月 24 日召开的第二届董事会第八次会议、第二届监事会第七次会议， 审议通过了《关于回购公司股份方案的议案》，同意公司使用自有资金或自筹资 金，通过深圳证券交易所交易系统以集中竞价交易方式回购公司部分社会公众股 份，回购资金总金额不低于人民币 800.00 万元（含本数）且不超过人民币 1,500.00 万元（含本数），回购价格不超过人民币 47.30 元/股（含本数），回 购股份用于实施员工持股计划和/或股权激励计划，回购股份实施期限为自公司 董事会审议通过回购方案之日起不超过 12 个月。 因公司实施 2024 年年度权益分派，根据本次回购股份方案，自 2025 年 5 月 28 日起，公司回购股份价格由不超过人民币 47.30 元/股（含本数）调整为不 超过人民币 47.02 元/股（含本数）。 具体内容详见公司于 2025 年 4 月 2 ...

Core Viewpoint - The lighting equipment sector experienced a rise of 0.66% on January 5, with *ST Xingguang leading the gains. The Shanghai Composite Index closed at 4023.42, up 1.38%, while the Shenzhen Component Index closed at 13828.63, up 2.24% [1]. Group 1: Stock Performance - *ST Xingguang (002076) closed at 2.11, with a gain of 4.98% and a trading volume of 291,500 shares, amounting to a transaction value of 60.20 million yuan [1]. - Opple Lighting (603515) closed at 18.64, up 1.97%, with a trading volume of 24,400 shares and a transaction value of 45.12 million yuan [1]. - Debang Lighting (603303) closed at 13.04, gaining 1.16%, with a trading volume of 15,000 shares and a transaction value of 19.49 million yuan [1]. - Xiaosong Co. (002723) closed at 8.56, up 1.06%, with a trading volume of 118,000 shares and a transaction value of 101 million yuan [1]. - Minexplosion Optoelectronics (301362) closed at 41.98, gaining 0.94%, with a trading volume of 5,640 shares and a transaction value of 23.68 million yuan [1]. Group 2: Capital Flow - The lighting equipment sector saw a net inflow of 1.63 million yuan from institutional investors, while retail investors contributed a net inflow of 1.03 million yuan [2]. - The main funds showed a net inflow of 11.16 million yuan for *ST Xingguang, while retail funds had a net outflow of 3.35 million yuan [3]. - Opple Lighting experienced a net inflow of 1.67 million yuan from main funds, while retail funds had a net outflow of 1.95 million yuan [3].

Core Viewpoint - The lighting equipment sector experienced a 1.15% increase on December 31, with Lianyu Co., Ltd. leading the gains, while the overall market showed mixed results with the Shanghai Composite Index rising by 0.09% and the Shenzhen Component Index falling by 0.58% [1]. Group 1: Market Performance - The Shanghai Composite Index closed at 3968.84, up 0.09% [1]. - The Shenzhen Component Index closed at 13525.02, down 0.58% [1]. - The lighting equipment sector's individual stock performance varied, with Lianyu Co., Ltd. closing at 47.22, up 2.99% [1]. Group 2: Individual Stock Performance - Lianyu Co., Ltd. (001326) led the sector with a closing price of 47.22 and a gain of 2.99% [1]. - Lida Xin (605365) followed with a closing price of 26.46, up 2.40% [1]. - OPPLE Lighting (603515) closed at 18.28, up 1.67% [1]. - Other notable performances included LeShang Co., Ltd. (002638) at 3.09, up 1.31% and Sanxiong Aurora (300625) at 11.85, up 1.02% [1]. Group 3: Capital Flow - The lighting equipment sector saw a net outflow of 16.44 million yuan from institutional investors and 20.37 million yuan from retail investors, while retail investors had a net inflow of 36.81 million yuan [2]. - Lianyu Co., Ltd. had a net inflow of 13.54 million yuan from institutional investors, but a net outflow of 14.64 million yuan from retail investors [3]. - Other companies like Qunshang Co., Ltd. (002638) and Minbao Optoelectronics (301362) also experienced mixed capital flows, with varying net inflows and outflows from different investor types [3].

Core Viewpoint - The lighting equipment sector experienced a decline of 0.77% on December 26, with Greer leading the drop, while the Shanghai Composite Index rose by 0.1% and the Shenzhen Component Index increased by 0.54% [1]. Group 1: Market Performance - The closing price of Greer was 18.40, down by 2.08%, with a trading volume of 11,600 and a transaction amount of 21.44 million [2]. - The lighting equipment sector saw a net outflow of 9.07 million from institutional funds and 9.51 million from speculative funds, while retail investors had a net inflow of 18.59 million [2]. Group 2: Individual Stock Performance - Lianyu Co. (001326) closed at 46.35, up by 9.99%, with a trading volume of 20,900 and a transaction amount of 95.86 million [1]. - Xiaosong Co. (002723) closed at 8.59, up by 2.38%, with a trading volume of 173,600 and a transaction amount of 148 million [1]. - The stock of Greer (920641) had a net outflow of 735,900 from institutional funds, with a speculative net outflow of 3.17 million and a retail net outflow of 960,100 [3].

Core Viewpoint - The company, Shenzhen Lianyu Optoelectronics Co., Ltd., is experiencing significant growth in its stock performance and is actively expanding its product offerings in smart lighting and charging solutions, benefiting from the depreciation of the RMB and international market opportunities. Group 1: Company Developments - On December 26, Lianyu shares hit the daily limit with a trading volume of 95.86 million yuan and a turnover rate of 8.66%, resulting in a total market capitalization of 3.393 billion yuan [1] - The company is advancing in the smart lighting sector by developing new technologies for intelligent control circuits that adapt to plant self-control spectra and wireless networking, enhancing product intelligence and connectivity [2][3] - Lianyu has obtained a U.S. invention patent for its self-developed standardized interface technology for LED lamps, allowing for the integration of various smart sensors and enabling remote and automated control [2][3] Group 2: Financial Performance - For the first nine months of 2025, Lianyu reported a revenue of 1.155 billion yuan, reflecting a year-on-year growth of 1.03%, while the net profit attributable to shareholders decreased by 79.23% to 19.5341 million yuan [10] - The company's overseas revenue accounted for 95.62% of total revenue, benefiting from the depreciation of the RMB [4] - As of September 30, 2025, the number of shareholders decreased by 20.62% to 6,765, while the average circulating shares per person increased by 25.97% to 3,562 shares [10] Group 3: Market Position and Strategy - Lianyu is actively establishing production bases in Vietnam and Mexico to enhance its manufacturing capabilities and market reach [5] - The company is also focusing on the development of charging piles and energy storage solutions through its wholly-owned subsidiary, Shenzhen Haibo, which has already generated revenue from these products [3] - The average trading cost of the stock is 45.83 yuan, with the current price near a support level of 44.99 yuan, indicating potential volatility in the near term [8]

Market Overview - The lighting equipment sector increased by 0.34% on December 25, with Lianyu Co., Ltd. leading the gains [1] - The Shanghai Composite Index closed at 3959.62, up 0.47%, while the Shenzhen Component Index closed at 13531.41, up 0.33% [1] Individual Stock Performance - Lianyu Co., Ltd. (001326) closed at 42.14, up 4.64% with a trading volume of 10,200 and a transaction value of 41.96 million [1] - Other notable performers include: - Chufangyu (002724) at 6.86, up 1.63% [1] - Op Lighting (603515) at 18.43, up 1.54% [1] - Sanxiong Aurora (300625) at 12.09, up 1.17% [1] - Greer (920641) at 18.79, up 1.13% [1] Capital Flow Analysis - The lighting equipment sector experienced a net outflow of 9.885 million from institutional investors and 27.77 million from speculative funds, while retail investors saw a net inflow of 37.655 million [2] - Detailed capital flow for selected stocks includes: - Lida Xin (605365) with a net inflow of 8.1246 million from institutional investors [3] - Chufangyu (002724) with a net inflow of 3.5784 million from institutional investors [3] - ST Xingguang (002076) with a net inflow of 2.7125 million from institutional investors [3]