Landun Photoelectron hit the daily limit-up again on August 13, securing four consecutive 20-centimeter limit-ups, with the stock price at 39.41 yuan and a latest market value of 7.276 billion yuan, a cumulative gain of over 107 percent. On the news front, the company disclosed on the evening of August 7 that it plans to acquire a controlling stake in Lanchuang Technology through a share issuance and cash payment, and to raise supporting funds from no more than 35 specific investors, with trading resuming on August 10. Lanchuang Technology was established in March 2022 and mainly engages in the research, development, and production of high-performance vacuum coating equipment. It is one of the few domestic equipment manufacturers to achieve commercial mass production in the field of ultra-narrowband thin-film filters, with end applications primarily in optical communications. Landun Photoelectron's original business covers high-end analytical and measuring instruments, software development, and data applications, mainly used in environmental monitoring, traffic management, meteorological observation, and other fields.
Anhui Landun Photoelectron Co LtdAcquiring controlling stake in Lanchuang Technology via share issuance and cash, with supporting funds, driving stock limit-ups.
Suzhou TFC Optical Communication Co LtdTarget of acquisition, gaining valuation and potential growth from Landun's investment.
