Core Viewpoint - LianTe Technology experienced a decline of 3.70% in stock price on October 13, with a trading volume of 586 million yuan, indicating potential market volatility and investor sentiment shifts [1]. Financing Summary - On October 13, LianTe Technology had a financing buy-in amount of 51.89 million yuan and a financing repayment of 84.19 million yuan, resulting in a net financing outflow of 32.30 million yuan [1]. - The total financing and securities balance for LianTe Technology reached 451 million yuan, with the financing balance accounting for 6.75% of the circulating market value, indicating a high level of financing activity compared to the past year [1]. - The company had a high level of short selling activity, with 1,800 shares repaid and 1,000 shares sold short on the same day, reflecting a short selling balance of 1,001,000 yuan, which is above the 60th percentile of the past year [1]. Company Performance - As of June 30, LianTe Technology reported a total of 23,300 shareholders, an increase of 10.93% from the previous period, while the average circulating shares per person decreased by 9.85% [2]. - For the first half of 2025, LianTe Technology achieved a revenue of 504 million yuan, representing a year-on-year growth of 15.43%, and a net profit attributable to shareholders of 34.81 million yuan, up 14.02% year-on-year [2]. - Since its A-share listing, LianTe Technology has distributed a total of 46.85 million yuan in dividends [2]. Shareholder Composition - As of June 30, 2025, the top ten circulating shareholders included Hong Kong Central Clearing Limited as the sixth largest shareholder with 1.8614 million shares, an increase of 1.2662 million shares from the previous period [2]. - The ninth largest shareholder, China Aviation Opportunity Leading Mixed Fund A, holds 514,500 shares as a new entrant, while the tenth largest shareholder, Southern CSI 1000 ETF, holds 483,500 shares, an increase of 94,300 shares from the previous period [2].

Core Viewpoint - The stock of LianTe Technology experienced a decline of 3.70% on October 13, with a trading volume of 586 million yuan and a market capitalization of 12.732 billion yuan [1] Company Overview - LianTe Technology, established on October 28, 2011, is located in Wuhan and specializes in the research, production, and sales of optical communication transceiver modules. The company's main revenue sources include 10G and above optical modules (92.72%), below 10G optical modules (5.57%), and material sales and leasing (1.71%) [7] - As of June 30, 2025, the number of shareholders increased to 23,300, with an average of 2,920 circulating shares per person, a decrease of 9.85% from the previous period [8] Financial Performance - For the first half of 2025, LianTe Technology reported a revenue of 504 million yuan, representing a year-on-year growth of 15.43%, and a net profit attributable to shareholders of 34.805 million yuan, up 14.02% year-on-year [8] - The company has distributed a total of 46.852 million yuan in dividends since its A-share listing [9] Market Position and Trends - The company has developed core capabilities in optical chip integration, high-speed optical devices, and high-speed optical module design and production. Its current R&D includes 800G optical modules and technologies required for next-generation products [2][3] - The optical module market is primarily driven by data communication, telecommunications, and emerging markets, with the data communication market being the fastest-growing segment [2] - LianTe Technology's low-power design technology for optical modules significantly reduces power consumption, providing a competitive advantage in 5G communication and data center applications [2] Shareholder and Institutional Holdings - As of June 30, 2025, the top ten circulating shareholders include Hong Kong Central Clearing Limited and new institutional investors such as China Aviation Opportunity Leading Mixed Fund [9]

Core Insights - On October 10, LianTe Technology experienced a decline of 1.26% with a trading volume of 734 million yuan [1] - The company reported a financing buy-in amount of 95.65 million yuan and a net financing buy-in of 37.75 million yuan on the same day [1] Financing Overview - As of October 10, the total financing and securities lending balance for LianTe Technology was 484 million yuan, with the financing balance accounting for 6.97% of the circulating market value, indicating a high level compared to the past year [1] - The company had a financing buy-in of 95.65 million yuan on the same day, with a current financing balance of 483 million yuan, which is above the 90th percentile of the past year [1] Securities Lending Overview - On October 10, LianTe Technology repaid 300 shares of securities lending and sold 2,500 shares, amounting to a selling value of 254,800 yuan [1] - The securities lending balance was 1,100 shares with a total value of 112,090 yuan, also above the 80th percentile of the past year [1] Company Profile - LianTe Technology, established on October 28, 2011, is located in the East Lake New Technology Development Zone, Wuhan, and was listed on September 13, 2022 [1] - The company's main business involves the research, development, production, and sales of optical communication transceiver modules, with 92.72% of revenue coming from 10G and above optical modules [1] Financial Performance - For the period from January to June 2025, LianTe Technology achieved a revenue of 504 million yuan, representing a year-on-year growth of 15.43%, and a net profit attributable to shareholders of 34.81 million yuan, up 14.02% year-on-year [2] - Since its A-share listing, the company has distributed a total of 46.85 million yuan in dividends [2] Shareholder Structure - As of June 30, 2025, the number of shareholders for LianTe Technology increased to 23,300, a rise of 10.93% from the previous period [2] - The average number of circulating shares per shareholder decreased by 9.85% to 2,920 shares [2] - Notable institutional holdings include Hong Kong Central Clearing Limited as the sixth largest shareholder with 1.8614 million shares, an increase of 1.2662 million shares from the previous period [2]

Core Insights - The communication equipment sector experienced a rise of 0.54% on October 9, with GuoDun Quantum leading the gains [1] - The Shanghai Composite Index closed at 3933.97, up 1.32%, while the Shenzhen Component Index closed at 13725.56, up 1.47% [1] Summary by Category Stock Performance - GuoDun Quantum (688027) closed at 398.79, with a significant increase of 13.62% and a trading volume of 64,800 shares, amounting to a transaction value of 2.581 billion [1] - Guanghe Tong (300638) saw a rise of 10.77%, closing at 33.64 with a trading volume of 926,600 shares, totaling 3.101 billion [1] - Other notable performers included: - Shijia Technology (002796) up 9.99% at 21.46 [1] - Yongding Co. (600105) up 9.99% at 13.98 [1] - ZTE Corporation (000063) up 9.51% at 49.98 with a trading volume of 4,508,700 shares, totaling 22.121 billion [1] Market Trends - The overall communication equipment sector saw a net outflow of 804 million from institutional funds, while retail investors contributed a net inflow of 1.257 billion [2] - The sector's performance indicates a mixed sentiment among different types of investors, with retail investors showing confidence despite institutional outflows [2]

Core Insights - LianTe Technology's stock increased by 5.12% to 101.90 CNY per share, with a trading volume of 388 million CNY and a turnover rate of 5.77%, resulting in a total market capitalization of 13.221 billion CNY [1] Company Overview - LianTe Technology Co., Ltd. is located in the East Lake New Technology Development Zone, Wuhan, and was established on October 28, 2011, with its listing date on September 13, 2022 [1] - The company's main business involves the research, production, and sales of optical communication transceiver modules, with revenue composition as follows: 92.72% from 10G and above optical modules, 5.57% from below 10G optical modules, and 1.71% from material sales and leasing [1] Shareholder Insights - Among the top circulating shareholders of LianTe Technology, a fund under Southern Fund holds a significant position. The Southern CSI 1000 ETF (512100) increased its holdings by 94,300 shares in the second quarter, totaling 483,500 shares, which represents 0.71% of the circulating shares [2] - The Southern CSI 1000 ETF (512100) was established on September 29, 2016, with a latest scale of 64.953 billion CNY. Year-to-date returns are 28.58%, ranking 2093 out of 4221 in its category, while the one-year return is 34.04%, ranking 1521 out of 3848 [2] - The fund manager, Cui Lei, has been in the position for 6 years and 338 days, managing a total fund asset size of 94.976 billion CNY, with the best fund return during the tenure being 164.18% and the worst being -15.93% [2]

证券日报网讯联特科技（301205）9月30日在互动平台回答投资者提问时表示，公司将持续关注国家相 关政策和行业发展动态，并根据公司的主营业务情况，积极抓住相应市场机会，实现公司稳健发展。 ...

Group 1 - The core viewpoint of the article is that Liante Technology (301205) is currently in the sample testing phase for its 1.6T product, indicating ongoing development and potential future offerings [1] - The company's production capacity is sufficient to meet customer delivery requirements, suggesting operational readiness and potential for revenue generation [1]

Core Insights - The company has achieved mass production of its 800G optical module based on EML and silicon photonic modulation technology [1] - The company has established an investment fund in collaboration with professional investment institutions to enhance its product competitiveness [1] Company Developments - The 800G optical module represents a significant technological advancement for the company, indicating its capability in high-speed data transmission [1] - The partnership with investment institutions for the fund aims to strategically bolster the company's market position and product offerings [1]

证券代码：301205 证券简称：联特科技 公告编号：2025-042 （一）工商备案登记情况 科投基金已完成工商登记并取得了武汉市市场监督管理局换发的《营业执 照》，具体信息如下： 名称：湖北科投光互联创业投资基金合伙企业（有限合伙） 统一社会信用代码：91420100MAEN4FDT61 武汉联特科技股份有限公司 关于与专业投资机构共同投资的进展公告 本公司及董事会全体成员保证信息披露内容的真实、准确和完整，没有虚假 记载、误导性陈述或重大遗漏。 一、与专业投资机构共同投资概述 武汉联特科技股份有限公司（以下简称"公司"）与专业投资机构武汉光谷 产业投资基金管理有限公司及其他有限合伙人签署了《湖北科投光互联创业投资 基金合伙企业（有限合伙）之合伙协议》，共同出资设立湖北科投光互联创业投 资基金合伙企业（有限合伙）（以下简称"科投基金"），科投基金认缴出资总 额为人民币 20,000 万元，其中公司作为有限合伙人以自有资金出资人民币 10,000 万元，占科投基金认缴出资总额的 50%。具体内容详见公司于 2025 年 5 月 20 日披露于巨潮资讯网的《关于与专业投资机构共同投资的公告》（公告编号： 20 ...

Core Viewpoint - LianTe Technology experienced a 5.03% decline in stock price, closing at 98.62 CNY per share, with a trading volume of 319 million CNY and a turnover rate of 4.64%, resulting in a total market capitalization of 12.795 billion CNY [1] Company Overview - Wuhan LianTe Technology Co., Ltd. is located in the East Lake New Technology Development Zone, Wuhan, and was established on October 28, 2011, with its listing date on September 13, 2022 [1] - The company's main business involves the research, development, production, and sales of optical communication transceiver modules [1] - Revenue composition includes: 92.72% from 10G and above optical modules, 5.57% from below 10G optical modules, and 1.71% from material sales and leasing [1] Fund Holdings - According to data from the top ten holdings of funds, one fund under Bosera Fund has a significant position in LianTe Technology [2] - Bosera Hubei New and Old Kinetic Energy Conversion ETF (159743) held 24,700 shares in the second quarter, accounting for 1.48% of the fund's net value, ranking as the ninth largest holding [2] - The fund has a current scale of 159 million CNY and has achieved a year-to-date return of 29.11%, ranking 1865 out of 4220 in its category [2] - Over the past year, the fund has returned 71.9%, ranking 1111 out of 3824, and since inception, it has returned 13.64% [2] - The fund manager, Yin Hao, has been in position for 5 years and 353 days, with a total asset scale of 9.845 billion CNY [2]