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After entering the Apple ecosystem, Raytheon Technology's management team responded for the first time to market size expectations.
(Source: Beike Finance)
According to a report from the Beijing News Beike Finance (Reporter Huang Xinyu), on March 23, Zhuhai Let Technology Co., Ltd. (referred to as “Let Technology,” 920110.BJ), a listed company on the Beijing Stock Exchange, responded to investors’ concerns regarding the expected market size after entering the Apple ecosystem in its latest investor relations activity record.
Wind shows that Let Technology is a national-level specialized “little giant” enterprise focused on LED intelligent control technology and lighting application solutions, established on September 25, 2003. Currently, its products are mainly used in medium to large lighting projects for landmark buildings, theme parks, and star-rated hotels worldwide.
According to information disclosed by Let Technology on March 6, the company’s smart home products have completed Apple HomeKit certification and can be integrated into the Apple ecosystem. This means that the company’s smart home products have achieved full compatibility with the Apple ecosystem, allowing users to control Let Technology’s smart lighting products through Apple’s Home app or Siri voice assistant.
In the latest investor research activity, Let Technology’s management stated that the industry in which the company operates is relatively specialized and in a development stage, and they have not yet quantified market size predictions, but there is significant market potential in the home sector.
“Currently, the company’s revenue mainly comes from the commercial market, and the penetration rate of home products is still at a low level. In the future, the company plans to expand through online channels and supporting service systems to promote good growth in the home market,” explained Let Technology’s management.
The performance forecast shows that during the reporting period of 2025, Let Technology expects to achieve operating revenue of approximately 201 million yuan, an increase of 0.63% compared to the same period last year; the net profit attributable to shareholders of the listed company is expected to be approximately 45.8643 million yuan, an increase of 2.42% compared to the same period last year.
Editor: Yue Caizhou
Proofreader: Jia Ning
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