Anhui Coreach Technology Co., Ltd. Class A
SSZSE:00298324.01
CNY
+0.58
(+2.48%)
ISIN
CNE100003SR5
Return %
Stock
S&P 500
1Y
16.67
13.14
3Y
9.02
80.78
5Y
39.01
67.74
Capital Structure
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in mil. unless spec.Working Capital
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•
in mil. unless spec.Growth Rates
CNY
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in mil. unless spec.Quarterly Revenue
CNY
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in mil. unless spec.Quarterly Earnings Per Share
CNY
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in mil. unless spec.Quarterly Dividends Per Share
CNY
•
in mil. unless spec.Company Description
- CEO
- Quan Yong Li
- Full Time Employees
- 1,074
- Sector
- Producer manufacturing
- Industry
- Electrical products
- Address
- Xinruida Science and Technology Park Hefei AN China 230000
- IPO Date
- Apr 28, 2020
- Website
- coreach.com.cn
- Similar Companies
- Business
- Anhui Coreach Technology Co., Ltd specializes in the research, development, production, and sale of display photoelectric systems and intelligent health light source systems. Its core products include direct-type backlight modules such as direct-down and side-entry backlight modules; quantum dot display optoelectronic systems; mini LED backlight display systems; and intelligent health light source systems using mini LED technology. The company also produces various LED lighting products including household lighting, commercial lighting, educational lighting, LED spotlights, bulbs, tubes, panel lights, and backlight bars. It serves multiple markets including domestic (China), North America, Southeast Asia, South Asia, the Middle East, and Eastern Europe. Anhui Coreach actively collaborates with major electronics and display brands such as Samsung, LG, Haier, Skyworth, BOE, and others. The company, founded in 2012 and headquartered in Hefei, Anhui Province, China, operates primarily in the technology and electronic components industry with a focus on new display manufacturing, terminal products, and display materials. Recent strategic developments include a share repurchase program initiated in 2025 aimed at stabilizing and enhancing shareholder value, with repurchases planned between 10 million to 20 million yuan. Anhui Coreach has also been emphasizing technological advances in its health light source systems, especially integrating AI technology for applications in medical fields and traditional Chinese medicine for enhanced therapeutic effects. The company reported net income growth in early 2025 and maintains active R&D efforts with a robust technical team supporting its product innovation and quality control. Anhui Coreach's latest operational highlights involve expanding its product offerings into smart LED lighting compatible with smart home systems and continuing strategic partnerships with leading electronics manufacturers to solidify its presence in global markets. It remains committed to leveraging advanced display technologies such as quantum dots and mini LEDs to meet evolving consumer and industrial demands while driving innovations in intelligent health lighting solutions. This overview reflects Anhui Coreach's comprehensive business scope, technological prowess, and recent strategic initiatives that align with its growth and market expansion vision. The company is publicly listed on the Shenzhen Stock Exchange under ticker 002983.SZ.