Core Viewpoint - The stock of XinGuang Optoelectronics has shown significant volatility, with a year-to-date increase of 153.98%, but recent trading indicates mixed performance in the short term [1][2]. Company Overview - XinGuang Optoelectronics, established on November 30, 2007, and listed on July 22, 2019, specializes in advanced optoelectronic technologies for optical guidance systems in defense applications [2]. - The company's revenue composition includes 78.83% from R&D products, 13.67% from civilian products, and 7.50% from other sources [2]. - The company operates within the defense industry, specifically in military electronics, and is involved in various concept sectors such as military electronics, optics, and military-civilian integration [2]. Financial Performance - As of June 30, 2025, XinGuang Optoelectronics reported a revenue of 21.28 million yuan, a year-on-year decrease of 58.77%, and a net profit of -20.79 million yuan, down 16.35% year-on-year [2]. - The company has distributed a total of 26.15 million yuan in dividends since its A-share listing, with no dividends paid in the last three years [3]. Shareholder Information - As of June 30, 2025, the number of shareholders increased by 28.82% to 7,237, while the average circulating shares per person decreased by 22.37% to 13,817 shares [2]. - Notably, the seventh largest circulating shareholder is the Nuoan Pioneer Mixed A fund, which holds 916,300 shares as a new investor [3].

Company Overview - Harbin New Light Optoelectronics Technology Co., Ltd. is located in Songbei District, Harbin, Heilongjiang Province, and was established on November 30, 2007. The company went public on July 22, 2019 [1] - The company specializes in advanced optoelectronic technologies applied to optical guidance weapons development, serving the national defense technology industry [1] - The main business revenue composition includes: 78.83% from R&D products, 13.67% from civilian products, and 7.50% from other sources [1] Stock Performance - On September 3, the stock price of New Light Optoelectronics fell by 5.02%, closing at 41.63 yuan per share, with a trading volume of 54.49 million yuan and a turnover rate of 1.28%. The total market capitalization is 4.163 billion yuan [1] Shareholder Information - Noan Fund's Noan Pioneer Mixed A (320003) fund entered the top ten circulating shareholders of New Light Optoelectronics in the second quarter, holding 916,300 shares, which accounts for 0.92% of the circulating shares. The estimated floating loss today is approximately 2.0159 million yuan [2] - Noan Pioneer Mixed A (320003) was established on December 19, 2005, with a latest scale of 3.84 billion yuan. Year-to-date return is 27.32%, ranking 2589 out of 8180 in its category; the one-year return is 54.78%, ranking 2125 out of 7967; and since inception, the return is 1070.7% [2]