周四复牌！002036，地方国资拟入主

Core Viewpoint - The company, Lianchuang Electronics, is undergoing a significant change in control as its major shareholder, Jiangxi Xinsong, has signed a share transfer agreement with Beiyuan Intelligent, which will acquire 70.87 million shares for a total of 900 million yuan, marking a shift in the company's controlling entity to Beiyuan Intelligent and ultimately to the Jiangxi State-owned Assets Supervision and Administration Commission [4][5][9]. Group 1: Share Transfer and Control Change - On December 24, Lianchuang Electronics announced that Jiangxi Xinsong will transfer 70.87 million shares, representing 6.71% of the total shares, to Beiyuan Intelligent for 12.70 yuan per share [4][5]. - Following the completion of this share transfer, the controlling shareholder will change to Beiyuan Intelligent, with Jiangxi Guozhi Chuangtou becoming the indirect controlling shareholder [4][9]. - The stock of Lianchuang Electronics is set to resume trading on December 25 after a five-day suspension [4]. Group 2: Fundraising and Financial Strategy - Lianchuang Electronics plans to raise up to 1.63 billion yuan through a private placement of up to 189 million shares at a price of 8.62 yuan per share, with the funds aimed at replenishing working capital and repaying debts [9][10]. - After the completion of the share transfer and fundraising, Jiangxi Guozhi Chuangtou will hold 20.89% of the company's shares, solidifying its position as the controlling shareholder [9][10]. - The company reported total revenue of 6.489 billion yuan for the first three quarters of 2025, with the optical industry contributing 3.304 billion yuan, accounting for 50.91% of total revenue [10]. Group 3: Business Focus and Growth - Lianchuang Electronics specializes in optical lenses and modules, with a strong focus on the automotive optical sector, which has seen rapid growth [9][10]. - The automotive optical business generated 2.363 billion yuan in revenue, reflecting a year-on-year increase of 46.75%, with automotive lens revenue increasing by 88.82% [10]. - The company aims to enhance its financial strength and risk resilience through this fundraising, supporting its strategic shift towards the automotive optical business [10].