LUXSHARE-ICT(SZ:002475) Chang Jiang Shang Bao·2026-01-05 00:21Core Viewpoint - Luxshare Precision plans to repurchase shares worth between 1 billion and 2 billion yuan, with a maximum price of 86.96 yuan per share, to boost investor confidence and respond to the proposal from its actual controller, Wang Laichun [1][4]. Group 1: Share Repurchase and Financial Performance - The share repurchase plan is expected to buy back between 11.5 million and 22.99 million shares, representing 0.16% to 0.32% of the company's total share capital [4]. - In 2025, Luxshare's stock price increased approximately 40%, with a market capitalization of around 413.2 billion yuan by year-end [5]. - The company reported a net profit of 115.18 billion yuan for the first three quarters of 2025, marking a year-on-year growth of 26.92% [1][7]. Group 2: R&D Investment and Business Growth - Luxshare invested 81.70 billion yuan in R&D in the first three quarters of 2025, reflecting a year-on-year increase of 16.76% [2][8]. - The company’s revenue grew from 2,140.28 billion yuan in 2022 to 2,687.95 billion yuan in 2024, with a projected net profit for 2025 expected to be between 165.18 billion and 171.86 billion yuan, indicating a growth of 23.59% to 28.59% [7]. - The company has established three core business segments: consumer electronics, communication and data centers, and automotive electronics, and is focusing on both internal growth and external expansion [7]. Group 3: AI and Technological Advancements - Luxshare is enhancing its AI capabilities through innovation and smart manufacturing, aiming to improve cost control and production efficiency [8]. - The company has developed the "Xuanyuan platform," a proprietary interconnection interface family, which is among the few globally capable of providing complete AI terminal solutions [8].