Overview of LY iTech
As a global leading manufacturer of precision electronic components for consumer electronics, Lingyi iTech has established a new advantage through continuous enhancement of research and development capabilities and the deployment of industry vertical integration. The Company offers one-stop smart manufacturing services and solutions worldwide, from upstream materials and midstream precision components to downstream modules and chargers. The market share and shipment volume of precision components have maintained a leading position in the global consumer electronics market for several consecutive years. The company has set industry standards in quality, craftsmanship, technology, and has further penetrated emerging markets such as new energy vehicles, photovoltaics, and energy storage.
In 2018, the company went public on the A-share capital market with the stock code 002600. In 2022, the company was included in the Fortune China 500, 2022 China Top 500 Private Enterprises, 2022 China Top 100 Digital Economy Enterprises and the 2021 China Top 500 New Economy Enterprises.
During the historical period, Lingyi iTech achieved remarkable financial performance. In the full year of 2022, the company's operating income reached 34.485 billion RMB, a year-on-year increase of 13.49%, and the net profit attributable to shareholders of the listed company was 1.596 billion RMB, a year-on-year increase of 35.25%. In the first half of 2023, the company achieved operating income of 15.289 billion RMB, an increase of 3.27% compared to the same period last year, and the net profit attributable to shareholders of the listed company was 1.248 billion RMB, an increase of 159.29% compared to the same period last year.
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