Analysis of Reasons for Lianyu Co., Ltd. (001326) Reaching Limit-Up and Its Subsequent Trend

The limit-up of Lianyu Co., Ltd. (001326) today is mainly due to the

[1]. At the policy level, the inclusion of “embodied intelligence” in the government work report has boosted market expectations [2]; at the industry level, events such as UBtech’s acquisition of Fenglong Co., Ltd. [3] and the acceleration of humanoid robot mass production [4] have promoted the fermentation of sector sentiment. For the company itself, although the LED lighting business was the core in 2024 (revenue of 1.471 billion yuan) [6], its early layout of strategically investing in Luoyang Ovit (core robot components) in September 2025 [1] has formed a lagging catalysis under the conduction of sector popularity. Technically, the stock rose rapidly after opening (sealed the board at 9:45) [1], with a turnover rate of 2.70% and a transaction amount of 28.27 million yuan [1]. Although the trading volume has increased, it is still at a low level.

1. Two-track Synergy Effect to Be Verified
   : The company’s LED lighting business is highly competitive [6], and the layout of the new robot track has just started. There is uncertainty about the business synergy and performance contribution of Luoyang Ovit. The limit-up is more of a concept superposition rather than a fundamental mutation.
2. Obvious Sector Rotation Driving Characteristics
   : Robot concept stocks have strengthened continuously from December 25 to 26, 2025 [4][5]. The limit-up of Lianyu Co., Ltd. is a concept speculation under sector rotation, and attention should be paid to the sustainability of the sector’s popularity.

• Risk Points
  : The limit-up is driven by concepts, with no recent sudden positive news or performance improvement support; the LED industry has high competitive pressure; the new business has high uncertainty.
• Opportunity Window
  : If the popularity of the robot sector continues, the company, as a two-track target, may maintain short-term activity; if the new business produces synergy in the future, it may bring long-term growth potential.
• Time Sensitivity
  : In the short term, close attention should be paid to changes in sector sentiment. If the limit-up board is opened or there is a large volume increase, it may trigger profit-taking.

• Current Price: 46.35 yuan (limit-up price, 10% increase limit) [1]
• Short-term Resistance Level: 46.35 yuan (limit-up price), which may be broken if the sector’s popularity continues
• Short-term Support Level: 42-43 yuan range (dense trading area before limit-up) [1]
• Core Driving Factors: Rising sentiment in the robot sector + lagging catalysis of early robot track layout

[0] Ginlix InfoFlow Analysis Database
[1] 10jqka.com.cn - “Robot + LED Lighting + North American Market + Energy Storage: Lianyu Co., Ltd. Reaches Limit-Up”
[2] Caifuhao - “Humanoid Robots Are Hot, But Choosing the Right One Matters”
[3] Securities Times - “Acquiring Fenglong Co., Ltd.: UBtech’s Curved Path Back to A-Shares Conjecture”
[4] Hexun.com - “Afternoon Movement! 600779, Straight Up to Limit-Up”
[5] 21st Century Business Herald - “A-Shares Closing Review: Shanghai Composite Index Posts 8 Consecutive Yang Lines with Volume, Commercial Aerospace Concept Remains Active”
[6] Lianyu Co., Ltd. 2024 Annual Report Summary