CNLIGHT(SZ:002076) Zheng Quan Shi Bao Wang·2025-04-29 15:09Core Viewpoint - The chairman of *ST Xingguang announced a share buyback plan, signaling confidence in the company's future development and commitment to improving the performance of its subsidiaries [1] Group 1: Company Performance and Strategy - *ST Xingguang plans to increase its holdings by 10 million to 20 million yuan within three months, aligning with previous commitments to enhance subsidiary performance [1] - The company has seen continuous improvement in financial metrics since its restructuring, with increasing cash reserves and decreasing debt ratios [1] - In 2024, *ST Xingguang invested in several subsidiaries, including a 51% stake in Guangdong Xingguang Shenzhou Quantum Information Technology Co., Ltd. and Guangzhou Yuansheng Information Technology Co., Ltd., entering the information security and system integration sectors [1] Group 2: Financial Performance - The consolidated revenue from the information security and system integration business reached 6.34 million yuan shortly after the subsidiaries were included in the financial statements [2] - For the fiscal year 2024, *ST Xingguang reported a revenue of 192 million yuan, a year-on-year increase of 27.22%, and a net cash flow from operating activities of 7 million yuan, up 271.93% [2] - In Q1 2025, the company achieved a revenue of 46.66 million yuan, a 53.4% year-on-year growth, indicating strong growth momentum [3] Group 3: Contracts and Future Outlook - A contract worth 22.28 million yuan was signed between the subsidiary Shenzhen Zhuoyu and Ruipu Lanjun Energy Co., Ltd. in March 2025, reflecting ongoing business development [3] - The chairman's commitment to repurchase shares if performance targets are not met enhances investor confidence and demonstrates a strong alignment between management and shareholder interests [3]