Core Viewpoint - The company, Shenzhen Lianyu Optoelectronics Co., Ltd., is actively expanding its business in the fields of energy storage, smart home, and charging stations, benefiting from the depreciation of the RMB and the Belt and Road Initiative [2][3]. Company Overview - Shenzhen Lianyu Optoelectronics was established on February 16, 2012, and went public on November 9, 2023. The company specializes in the research, production, and sales of medium and high-power LED lighting products [8]. - The main revenue composition includes LED lighting products (88.43%), accessories (6.55%), LED light sources (4.80%), and others (0.22%) [8]. - As of September 10, the number of shareholders increased by 4.94% to 8,522, while the average circulating shares per person decreased by 4.71% to 2,828 shares [8]. Financial Performance - For the first half of 2025, the company reported a revenue of 769 million yuan, a year-on-year decrease of 0.35%, and a net profit attributable to shareholders of 16.15 million yuan, down 78.85% year-on-year [8]. - The company has distributed a total of 129 million yuan in dividends since its A-share listing [9]. Market Position and Strategy - The company has a significant overseas revenue share of 95.62%, benefiting from the depreciation of the RMB [3]. - It is actively establishing production bases in Vietnam and Mexico [4]. - The company is focusing on developing new technologies in smart lighting, including self-adaptive plant control spectrums and wireless networking for intelligent control circuits [2]. Investment Activity - On October 28, the company's stock price fell by 2.31%, with a trading volume of 64.57 million yuan and a turnover rate of 5.27%, resulting in a total market capitalization of 3.66 billion yuan [1]. - The main capital inflow for the day was negative at 5.93 million yuan, indicating a lack of clear trends in major capital movements [5][6].

Core Viewpoint - The company, Shenzhen Lianyu Optoelectronics Co., Ltd., has seen a significant increase in stock price and trading volume, indicating positive market sentiment and potential growth opportunities in the smart lighting sector [1][4]. Company Overview - Shenzhen Lianyu Optoelectronics Co., Ltd. was established on February 16, 2012, and went public on November 9, 2023. The company specializes in the research, production, and sales of medium and high-power LED lighting products [7]. - The main revenue composition includes LED lighting products (88.43%), accessories (6.55%), LED light sources (4.80%), and others (0.22%) [7]. Financial Performance - For the first half of 2025, the company reported a revenue of 769 million yuan, a year-on-year decrease of 0.35%, and a net profit attributable to shareholders of 16.15 million yuan, down 78.85% year-on-year [8]. - As of September 10, the number of shareholders increased by 4.94% to 8,522, while the average circulating shares per person decreased by 4.71% [8]. Market Dynamics - The company benefits from the depreciation of the RMB, with overseas revenue accounting for 95.62% of total revenue [3]. - The company is actively expanding its production bases in Vietnam and Mexico [3]. Technological Advancements - The company is advancing in the smart lighting field by developing new technologies for intelligent control circuits that adapt to plant self-control spectra and wireless networking [2][3]. - It has obtained a U.S. patent for its self-developed standardized interface technology for LED lighting, integrating various smart sensors for remote and automated control [2][3]. Investment Sentiment - The stock price of Lianyu shares increased by 6.76% with a trading volume of 134 million yuan and a turnover rate of 10.65%, leading to a total market capitalization of 3.965 billion yuan [1]. - The main capital inflow today was 8.0632 million yuan, with a slight increase in main capital positions over the past two days [5].

Core Viewpoint - The company, Shenzhen Lianyu Optoelectronics Co., Ltd., is actively advancing in the smart lighting sector, benefiting from the depreciation of the RMB and expanding its production bases overseas, particularly in Vietnam and Mexico [2][3]. Group 1: Company Overview - Shenzhen Lianyu Optoelectronics Co., Ltd. was established on February 16, 2012, and went public on November 9, 2023. The company specializes in the research, production, and sales of medium and high-power LED lighting products [7]. - The main business revenue composition includes LED lighting products (88.43%), accessories (6.55%), LED light sources (4.80%), and others (0.22%) [7]. - The company is located in Bao'an District, Shenzhen, Guangdong Province, with multiple office addresses listed [3][7]. Group 2: Financial Performance - For the first half of 2025, the company achieved a revenue of 769 million yuan, a year-on-year decrease of 0.35%, and a net profit attributable to shareholders of 16.15 million yuan, down 78.85% year-on-year [8]. - As of September 10, the number of shareholders increased by 4.94% to 8,522, while the average circulating shares per person decreased by 4.71% to 2,828 shares [8]. Group 3: Market Activity - On October 14, the company's stock rose by 1.70%, with a trading volume of 115 million yuan and a turnover rate of 9.35%, bringing the total market capitalization to 3.714 billion yuan [1]. - The main net inflow of funds today was 15.34 million yuan, accounting for 0.13%, with the stock showing no significant trend in major fund movements [4][5]. Group 4: Technological Advancements - The company is focusing on the development of new technologies in smart lighting, including adaptive plant self-control spectrum and wireless networking for intelligent control circuits [2][3]. - It has developed standardized interface technology for LED lighting and obtained a U.S. invention patent, allowing for the integration of various smart sensors and enabling remote and automated control [2][3]. Group 5: Strategic Expansion - The company is gradually establishing production bases in Vietnam and Mexico as part of its international expansion strategy [3]. - The overseas revenue proportion is reported to be 95.62%, benefiting from the depreciation of the RMB [3].

Core Viewpoint - The company, Shenzhen Lianyu Optoelectronics Co., Ltd., is actively advancing its smart lighting technology and expanding its production bases overseas, benefiting from the depreciation of the RMB and the growing demand in the smart home and IoT sectors [2][3]. Company Overview - Shenzhen Lianyu Optoelectronics Co., Ltd. was established on February 16, 2012, and listed on November 9, 2023. The company specializes in the research, production, and sales of medium and high-power LED lighting products [7]. - The main revenue composition includes LED lighting products (88.43%), accessories (6.55%), LED light sources (4.80%), and others (0.22%) [7]. Financial Performance - For the first half of 2025, the company reported a revenue of 769 million yuan, a year-on-year decrease of 0.35%, and a net profit attributable to shareholders of 16.15 million yuan, down 78.85% year-on-year [8]. - As of September 10, the number of shareholders increased by 4.94% to 8,522, while the average circulating shares per person decreased by 4.71% [8]. Market Activity - On October 10, the company's stock price fell by 3.50%, with a trading volume of 211 million yuan and a turnover rate of 16.91%, resulting in a total market capitalization of 3.689 billion yuan [1]. - The stock has seen a net inflow of 939,500 yuan from major investors, indicating a slight increase in investment interest [5]. Technological Advancements - The company is focusing on developing new technologies in the smart lighting field, including adaptive plant self-control spectrum and wireless networking for intelligent control circuits [2][3]. - The company has developed standardized interface technology for LED lighting and obtained a U.S. invention patent, allowing for the integration of various smart sensors and remote control capabilities [2][3]. Strategic Expansion - The company is gradually establishing production bases in Vietnam and Mexico as part of its international expansion strategy [3]. - The overseas revenue accounted for 95.62% of total revenue, benefiting from the depreciation of the RMB [3]. Investment Landscape - The company is positioned within the household appliances sector, specifically in the lighting equipment category, and is associated with concepts such as LED, smart home, and the Belt and Road Initiative [7].

Core Viewpoint - The company, Shenzhen Lianyu Optoelectronics Co., Ltd., is experiencing significant growth in its stock price and market activity, driven by advancements in smart lighting technology and favorable currency conditions [1][2]. Company Overview - Shenzhen Lianyu Optoelectronics Co., Ltd. was established on February 16, 2012, and went public on November 9, 2023. The company specializes in the research, production, and sales of medium and high-power LED lighting products [7]. - The main revenue composition includes LED lighting products (88.43%), accessories (6.55%), LED light sources (4.80%), and others (0.22%) [7]. Financial Performance - For the first half of 2025, the company reported a revenue of 769 million yuan, a slight decrease of 0.35% year-on-year, while the net profit attributable to shareholders dropped by 78.85% to 16.15 million yuan [8]. - As of September 10, 2025, the number of shareholders increased by 4.94% to 8,522, with an average of 2,828 circulating shares per person, a decrease of 4.71% [8]. Market Activity - On September 24, 2023, the company's stock rose by 8.29%, with a trading volume of 316 million yuan and a turnover rate of 27.29%, resulting in a total market capitalization of 3.607 billion yuan [1]. - The stock has seen a net inflow of 30.59 million yuan from major investors, indicating a positive trend in investment interest [4][5]. Technological Advancements - The company is actively developing new technologies in the smart lighting sector, including adaptive plant control spectrum and wireless networking for intelligent control circuits [2][3]. - It has obtained a U.S. invention patent for its self-developed LED lighting standard interface technology, which integrates various smart sensors for enhanced automation and remote control capabilities [2][3]. International Expansion - The company has established production bases in Vietnam and Mexico, contributing to its international revenue, which accounted for 95.62% of total revenue in 2024, benefiting from the depreciation of the Chinese yuan [3][4]. Investment Themes - The company is positioned within several growth sectors, including smart home technology, charging stations, the Belt and Road Initiative, and the Internet of Things [2][7].

Core Viewpoint - The company, Shenzhen Lianyu Optoelectronics Co., Ltd., is actively advancing in the smart lighting sector, benefiting from the depreciation of the RMB and expanding its production bases overseas, particularly in Vietnam and Mexico [2][3]. Group 1: Company Overview - Shenzhen Lianyu Optoelectronics was established on February 16, 2012, and listed on November 9, 2023. The company specializes in the research, production, and sales of medium and high-power LED lighting products [7]. - The main revenue composition includes LED lighting products (88.43%), accessories (6.55%), LED light sources (4.80%), and others (0.22%) [7]. - The company is categorized under the household appliances industry, specifically in lighting equipment, and is involved in concepts such as LED, the Belt and Road Initiative, plant lighting, smart home, and sports industry [7]. Group 2: Financial Performance - As of the first half of 2025, the company reported a revenue of 769 million yuan, a year-on-year decrease of 0.35%, and a net profit attributable to shareholders of 16.15 million yuan, down 78.85% year-on-year [8]. - The company has distributed a total of 129 million yuan in dividends since its A-share listing [8]. Group 3: Market Activity - On September 10, 2023, the company's stock price increased by 0.38%, with a trading volume of 18.79 million yuan and a turnover rate of 2.08%, resulting in a total market capitalization of 2.74 billion yuan [1]. - The company has a significant overseas revenue share of 95.62%, benefiting from the depreciation of the RMB [3]. Group 4: Technological Advancements - The company is developing new technologies in smart lighting, including adaptive plant self-control spectrum and wireless networking for intelligent control circuits, enhancing product intelligence and connectivity [2][3]. - It has obtained a U.S. invention patent for its self-developed LED lighting standard interface technology, which integrates various smart sensors for remote and automated control [2][3]. Group 5: Shareholder Information - As of August 29, 2023, the number of shareholders decreased by 18.04% to 8,121, while the average circulating shares per person increased by 22.02% to 2,968 shares [8]. - Notably, as of June 30, 2025, the seventh largest circulating shareholder is the Nuoan Multi-Strategy Mixed A fund, holding 241,800 shares as a new shareholder [8].

Core Viewpoint - The company, Shenzhen Lianyu Optoelectronics Co., Ltd., is actively advancing in the smart lighting sector and has significant overseas revenue, benefiting from the depreciation of the RMB and expanding production bases in Vietnam and Mexico [2][3]. Company Overview - Shenzhen Lianyu Optoelectronics Co., Ltd. was established on February 16, 2012, and listed on November 9, 2023. The company specializes in the research, production, and sales of medium and high-power LED lighting products, with main business revenue composition being 88.43% from LED lamps, 6.55% from accessories, 4.80% from LED light sources, and 0.22% from others [7]. Financial Performance - For the first half of 2025, the company achieved operating revenue of 769 million yuan, a year-on-year decrease of 0.35%, and a net profit attributable to shareholders of 16.15 million yuan, down 78.85% year-on-year [8]. Market Position and Trends - The company has a significant overseas revenue share of 95.62%, benefiting from the depreciation of the RMB [3]. - The company is also focusing on new technologies in smart lighting, including self-adaptive plant control spectrum and wireless networking for intelligent control circuits [2][3]. Recent Developments - The company has developed proprietary LED lamp standard interface technology and obtained a US invention patent, allowing for the integration of various smart sensors and enabling remote and automated control [2][3]. - The company is actively expanding into new sectors such as charging piles and energy storage through its wholly-owned subsidiary, Shenzhen Haibo, which has developed multiple R&D technology patents [5]. Shareholder Information - As of August 29, the number of shareholders for Lianyu Optoelectronics was 8,121, a decrease of 18.04% from the previous period, with an average of 2,968 circulating shares per person, an increase of 22.02% [8].

Core Viewpoint - The company, Shenzhen Lianyu Optoelectronics Co., Ltd., is actively advancing in the smart lighting sector and expanding its production bases internationally, benefiting from the depreciation of the RMB and the growth of the IoT and energy storage markets [2][3][4]. Group 1: Company Developments - The company is focusing on the development of new technologies in smart lighting, including plant self-control spectrum and wireless networking for intelligent control circuits [2][4]. - The company has obtained a US invention patent for its self-developed standardized interface technology for LED lighting, enabling integration of various smart sensors [2][4]. - The company has established production bases in Vietnam and Mexico to enhance its international presence [3]. Group 2: Financial Performance - As of the 2024 annual report, overseas revenue accounted for 95.62% of the company's total revenue, benefiting from the depreciation of the RMB [4]. - For the first half of 2025, the company reported a revenue of 769 million yuan, a year-on-year decrease of 0.35%, and a net profit of 16.15 million yuan, down 78.85% year-on-year [9]. Group 3: Market Position and Shareholder Information - The company was listed on November 9, 2023, and its main business involves the research, production, and sales of medium and high-power LED lighting products, with 88.43% of revenue coming from LED lighting [8]. - As of July 31, the number of shareholders increased by 0.53% to 9,909, with an average of 2,432 circulating shares per person, a decrease of 0.52% [9]. - The company has distributed a total of 129 million yuan in dividends since its A-share listing [10].

Core Insights - The lighting market is undergoing a transformation from "product output" to "value creation," leading to a demand for innovative and precise lighting solutions tailored to specific segments and diverse scenarios [2][3] - The "Light Scene Laboratory," a pioneering initiative in the lighting industry, will focus on exploring the dynamic interaction between light, space, and people, with activities planned across various cities in China from 2025 to 2026 [2] - Lighting significantly influences public perception and experience of the world, impacting comfort and safety, with light quality being a crucial factor in visual experience [2] Industry Trends - Road lighting is evolving from a mere "energy-consuming device" to a "city service node," integrating energy, data, and safety functions, thus becoming the "nerve endings" of smart cities [3] - The transition in road lighting includes moving from "standardized lighting" to "context-aware services," utilizing AI technology to dynamically respond to the needs of pedestrians, vehicles, and the environment, optimizing safety and efficiency [3] - This value transformation is also evident in other lighting sectors, including architecture, cultural tourism, hospitality, health, and home lighting, showcasing a wide range of creativity and scope [3]

深圳市联域光电股份有限公司 SHENZHEN SNC OPTO ELECTRONIC CO.,LTD （深圳市宝安区燕罗街道罗田社区象山大道 172 号正大安工业 城 6 栋 101-601；7 栋 101-301；12 栋 101-301；17 栋 101-301； 21 栋 101-201） 首次公开发行股票并在主板上市 招股说明书 （上会稿） 本公司的发行申请尚需经深圳证券交易所及中国证监会履行相应的程序。本招股说明 书（上会稿）不具有据以发行股票的法律效力，仅供预先披露之用。投资者应当以正 保荐人（主承销商） （北京市朝阳区安立路 66 号 4 号楼） 式公告的招股说明书作为投资决定的依据。 深圳市联域光电股份有限公司 招股说明书 声明及承诺 中国证监会、交易所对本次发行所作的任何决定或意见，均不表明其对发 行人注册申请文件及所披露信息的真实性、准确性、完整性作出保证，也不表 明其对发行人的盈利能力、投资价值或者对投资者的收益作出实质性判断或保 证。任何与之相反的声明均属虚假不实陈述。 根据《证券法》规定，股票依法发行后，发行人经营与收益的变化，由发 行人自行负责；投资者自主判断发行人的投资价值，自主 ...