LY iTECH(SZ:002600) Shen Zhen Shang Bao·2026-01-17 02:36Core Viewpoint - The company Lingyi iTech (领益智造) announced a share reduction plan by shareholder Ms. Zeng Fangqin, who intends to sell up to 36 million shares over a three-month period due to personal financial needs, representing 0.49% of the company's total share capital excluding repurchased shares [1][2]. Group 1: Shareholder Information - Ms. Zeng Fangqin plans to reduce her holdings from February 7, 2026, to May 6, 2026, through block trading [1]. - As of now, Ms. Zeng holds 144.54 million shares, accounting for 1.98% of the total share capital, while her associated entity, Lingsheng Investment (Jiangsu) Co., Ltd., holds 4139.52 million shares, representing 56.74% [2]. Group 2: Company Background - Lingyi iTech's business includes AI smartphones, foldable phones, AIPC, tablets, imaging displays, materials, battery power, thermal management, AI glasses, XR wearable devices, premium assembly, sensors, and robotics [2]. - Ms. Zeng, born in 1965 and a graduate of Wuhan University, founded Lingsheng Electronics Technology, the predecessor of Lingyi iTech, in 2006 and led the company into the Apple supply chain [2]. Group 3: Financial Performance - The company's revenue from 2021 to 2024 was 30.38 billion, 34.49 billion, 34.12 billion, and 44.21 billion yuan, respectively, with net profits of 1.18 billion, 1.60 billion, 2.05 billion, and 1.75 billion yuan [3]. - For the first three quarters of 2025, the company reported total revenue of 37.59 billion yuan, a year-on-year increase of 19.25%, and a net profit of 1.94 billion yuan, up 37.66% [4]. Group 4: Market Activity - On November 20, 2025, Lingyi iTech submitted an application for a Hong Kong stock listing, aiming for a dual listing in both A-share and H-share markets, marking its second attempt to list on the Hong Kong Stock Exchange [5].