Core Viewpoint - Lianchuang Electronics has experienced fluctuations in stock price and trading volume, with a recent decline in share price and mixed financial performance indicators, indicating potential investment opportunities and risks in the electronic optics sector [1][2]. Group 1: Stock Performance - As of January 16, Lianchuang Electronics' stock price decreased by 2.00% to 11.75 CNY per share, with a trading volume of 208 million CNY and a turnover rate of 1.66%, resulting in a total market capitalization of 12.401 billion CNY [1]. - Year-to-date, the stock price has increased by 6.62%, but it has declined by 4.16% over the last five trading days, while showing gains of 5.48% over the last 20 days and 13.20% over the last 60 days [1]. Group 2: Financial Performance - For the period from January to September 2025, Lianchuang Electronics reported a revenue of 6.489 billion CNY, reflecting a year-on-year decrease of 16.20%, while the net profit attributable to shareholders reached 50.92 million CNY, marking a significant year-on-year increase of 210.26% [2]. - The company has distributed a total of 274 million CNY in dividends since its A-share listing, with 9.662 million CNY distributed over the past three years [3]. Group 3: Shareholder Structure - As of January 9, the number of shareholders for Lianchuang Electronics reached 128,700, an increase of 15.00% from the previous period, with an average of 8,185 circulating shares per shareholder, down by 13.04% [2]. - Among the top ten circulating shareholders, Hong Kong Central Clearing Limited holds 23.5766 million shares, an increase of 5.6268 million shares from the previous period, while other ETFs have seen a decrease in holdings [3].

Core Viewpoint - Lianchuang Electronics has shown a positive stock performance with a year-to-date increase of 11.52%, despite a decline in revenue for the first nine months of 2025. The company is involved in the research, production, and sales of optical lenses and touch display components, with a diversified revenue stream. Group 1: Stock Performance - On January 15, Lianchuang Electronics' stock rose by 2.67%, reaching 12.29 CNY per share, with a trading volume of 264 million CNY and a turnover rate of 2.02%, resulting in a total market capitalization of 12.971 billion CNY [1] - The stock has increased by 11.52% year-to-date, with a 0.82% rise over the last five trading days, a 10.42% increase over the last 20 days, and a 20.14% increase over the last 60 days [1] Group 2: Financial Performance - For the period from January to September 2025, Lianchuang Electronics reported a revenue of 6.489 billion CNY, a year-on-year decrease of 16.20%. However, the net profit attributable to shareholders was 50.92 million CNY, reflecting a significant year-on-year increase of 210.26% [2] Group 3: Shareholder Information - As of January 9, 2025, the number of shareholders for Lianchuang Electronics reached 128,700, an increase of 15.00% from the previous period. The average number of tradable shares per shareholder decreased by 13.04% to 8,185 shares [2] - The company has distributed a total of 274 million CNY in dividends since its A-share listing, with 9.6623 million CNY distributed over the last three years [3] Group 4: Institutional Holdings - As of September 30, 2025, Hong Kong Central Clearing Limited was the second-largest circulating shareholder, holding 23.5766 million shares, an increase of 5.6268 million shares from the previous period. Other notable shareholders include Southern CSI 1000 ETF and Huaxia CSI 1000 ETF, which saw slight reductions in their holdings [3]

Group 1 - The core point of the article is that Lianchuang Electronics reported its shareholder count as of January 9, 2026, which stands at 128,697 [2]

Group 1 - The core point of the article is that Lianchuang Electronics has reported its shareholder count as of December 31, 2025, which stands at 111,914 households [2]

Group 1 - The company has supplied optical products to the robotics sector, which is currently in a nurturing stage with relatively low sales volume [2] - The company has established a research and development team focused on robotic vision [2]

Group 1 - The company, Lianchuang Electronics, is currently conducting financial accounting work and will release an annual performance forecast if required by January 31, 2026 [2]

Core Viewpoint - Lianchuang Electronics has diversified its application of lenses and camera modules beyond traditional uses, indicating a broad market potential in various sectors [2] Group 1: Company Overview - Lianchuang Electronics produces lenses and camera modules for multiple applications, including automotive, mobile phones, and drones [2] - The company's products are also utilized in sports cameras, law enforcement equipment, and robotics, showcasing its versatility [2]

Group 1 - The core viewpoint of the article is that Lianchuang Electronics clarified its non-affiliation with Lianchuang Optoelectronics, stating that both companies have different controlling shareholders and actual controllers [1]

Core Viewpoint - The company is leveraging its MLA technology primarily in the consumer electronics and automotive sectors, focusing on overcoming challenges in optical design and ultra-precision micro-nano processing [1] Group 1: Technology Application - The company's MLA technology is currently applied in consumer electronics and automotive industries [1] - The main technical challenges are complex optical design and ultra-high precision micro-nano processing [1] Group 2: Technical Advantages - The company has established technical advantages in specialized simulation algorithms and core processing techniques, such as wafer-level processing, based on its long-term accumulation in the optical field [1] Group 3: Future Development - The company plans to continue deepening its focus on MLA technology and expand its applications in more smart terminal devices [1]

Group 1 - The company has supplied optical products to the robotics sector, indicating its involvement in this emerging industry [1] - The robotics industry is still in a nurturing stage, with relatively low sales volume reported [1] - The company has established a research and development team focused on robotic vision [1]