Loctek(SZ:300729) Shang Hai Zheng Quan Bao·2025-04-20 19:20Core Viewpoint - The company, Lege Co., Ltd., has reported its annual financial results, highlighting its main business segments, including smart home and office products, as well as cross-border logistics services, which have contributed to revenue growth. Company Overview - Lege Co., Ltd. focuses on smart home and office products, utilizing linear drive technology to enhance ergonomic design for health and comfort [4][6] - The company has expanded its product line to include height-adjustable desks, ergonomic chairs, electric sofas, and smart electric beds, catering to the growing demand for health-conscious and comfortable living and working environments [4][6][7] Financial Performance - The company has received a standard unqualified audit opinion from KPMG Huazhen [2] - The profit distribution plan approved by the board includes a cash dividend of 3 yuan per 10 shares, based on a total of 341,308,620 shares [3] - The company has not reported any need for retrospective adjustments or restatements of previous financial data [7] Business Segments - The smart home and office products segment has seen significant growth due to increased consumer demand for ergonomic solutions [4][6] - The cross-border logistics service segment has expanded rapidly since its inception in 2020, serving over 1,000 cross-border e-commerce sellers and benefiting from the growth of e-commerce penetration in the U.S. and China [7] Convertible Bonds - The company has successfully issued convertible bonds, with the latest adjustments to the conversion price reflecting changes in stock performance and incentive plans [12][14] - The current conversion price of the bonds has been adjusted to 33.23 yuan per share, effective from November 1, 2024 [14] - The company has reported no valid redemption requests for the convertible bonds during the recent redemption period [14]