Analysis of Pulete (002324) Limit-Up Reasons and Market Outlook

1. Limit-Up Core Reasons
   : Pulete’s limit-up is mainly driven by the explosion of the brain-computer interface concept. Musk publicly stated that Neuralink will launch large-scale mass production of brain-computer interface devices in 2026 [0], and domestic related concept companies have received significantly increased attention. At the same time, the company’s LCP (Liquid Crystal Polymer) film product has entered the clinical trial phase of brain-computer interfaces (cooperating with overseas customers), and LCP is the preferred material for the flexible electrode substrate of brain-computer interfaces due to its excellent high-frequency signal transmission performance and good biocompatibility [0].

2. Company Fundamental Support
   : Pulete is the first domestic enterprise to realize the full-chain autonomy from LCP resin synthesis to film preparation, with 25 related invention patents (including US PCT layout) [0]. The company’s LCP products have been mass-applied in mobile phone terminals, 6G, satellite communications and other fields, and brain-computer interface is its important future expansion direction. Technical advantages and business layout provide fundamental support for the stock price rise.

3. Market Sentiment and Trading Performance
   : The sudden positive news of the brain-computer interface concept has driven the collective rise of the sector. Investors have high expectations for the technical breakthroughs and industrial prospects of this field, pushing Pulete to a strong limit-up [0].

• The brain-computer interface industry is at a critical node transitioning from R&D to mass production, and technology-leading enterprises in the core material segment are expected to benefit first. With full-chain LCP technology reserves, Pulete has a first-mover advantage in its layout in the brain-computer interface field [0].
• The market’s pursuit of the brain-computer interface concept reflects high expectations for future technology tracks, and the business implementation progress of related companies will become the core driving factor for subsequent stock price trends.

• Opportunities
  : If the brain-computer interface industry realizes large-scale application as scheduled, the company’s LCP business will usher in a new growth pole; the company’s LCP applications in 6G, satellite communications and other fields have been mass-landed, and multi-track layout helps to diversify risks and enhance growth potential [0].
• Risks
  : The development of the brain-computer interface industry has uncertainties, and factors such as technical breakthroughs, regulatory policies, and market demand may affect the industry progress; the implementation progress and customer expansion of the company’s LCP business in the brain-computer interface field still have uncertainties [0].

Pulete (002324)'s limit-up is the result of the combined effect of the explosion of the brain-computer interface concept and the company’s LCP material technical advantages. As a domestic enterprise with full-chain autonomy in LCP, the company has laid out early in the core material field of brain-computer interfaces and has certain competitive advantages. In the future, we need to continue to pay attention to the progress of the brain-computer interface industry, the implementation of the company’s LCP business in this field, and related market sentiment changes.