LME(SH:688589) Zheng Quan Shi Bao Wang·2025-10-15 11:08Core Insights - The company recently announced the successful development and testing of a tri-mode communication chip that integrates PLC, WiFi, and Bluetooth technologies, providing an optimized solution for smart home and IoT applications [1] - The global IoT market is experiencing rapid growth, with China's market expected to reach approximately 4.01 trillion yuan in 2024 and 4.55 trillion yuan in 2025, highlighting the increasing demand for reliable and efficient communication solutions [1] - The new chip features a high-performance 32-bit CPU processor, enabling application development and addressing the challenges of using multiple single-mode chips, thus enhancing device adaptability and communication reliability [1] Company Overview - Established in 2022, the company focuses on IoT communication and connection technologies, specializing in PLC technology, integrated circuit chips, and applications [2] - The company continuously develops competitive chips, products, and solutions for various smart IoT applications, including smart grids, smart homes, photovoltaic new energy, and smart lighting [2] Investor Interest - Recent investor interest has been drawn to the company's PLC technology barriers, with the company emphasizing its comprehensive R&D capabilities in algorithms, chip design, and application solutions [3] - The company has positioned itself as a leader in the industry by being a key contributor to multiple national PLC standards, enhancing its technical standard authority [3] - The rapid development of PLC applications in IoT and smart home scenarios has allowed the company to become a preferred choice for many clients due to its early strategic positioning and product reserves [3]