Overview
Company Profile Introduction History Global Production Bases Report Content Registration LINGYI iTECH (GUANGDONG) COMPANY was founded in 2006 and listed on China’s A-share market in 2018 (Stock Code: 002600), with a market capitalization exceeding RMB 100 billion.As a trusted core hardware supplier for AI terminals, LY iTECH provides global customers with one-stop intelligent manufacturing services and solutions, covering precision functional components, structural components, and modules. Its precision functional components have ranked among global leaders in market share and shipment volume for years, setting industry benchmarks in quality, process capability, and technology. The company is expanding into emerging sectors including humanoid/embodied robotics, XR glasses, foldable devices, AI servers, the low-altitude economy, and commercial aerospace.Following the acquisition of Readore, LY iTECH strengthened its liquid cooling portfolio, building a full matrix of core thermal components and entering the supply chains of leading global computing companies. Through integrated “Thermal Management + Power Supply” solutions, it has become a key hardware service provider in the AI server market. The company has evolved from a single-process manufacturer into a multi-process intelligent manufacturing platform and comprehensive solutions provider. It has been listed in the Fortune China 500 for eight consecutive years and has repeatedly ranked among China’s Top 500 Private Enterprises. From 2023 to 2025, it maintained an MSCI ESG rating of “A” for three consecutive years. Looking ahead, LY iTECH will continue its innovation-driven and international growth strategy, expanding upstream and advancing new growth areas such as robotics, server thermal and power systems, AI glasses, foldables, automotive, and the low-altitude economy. The company aims to strengthen both overseas profitability and domestic market depth, while building a lean, digital, automated, and green intelligent manufacturing platform to further enhance its core competitiveness. Lingsheng Electronic was incorporated and started die-cutting business. Enter the supply chain of major customers in North America Develop our own molds and enter the stamping industry Achieve mass production of composite materials products that combine die-cutting and stamping across processes Develop industrial automation and industrial robots independently The revenue from mobile phone die-cutting business ranks first globally Enter the industrial chains of major domestic customers The die-cutting, stamping, CNC and module businesses have achieved process scale Quickly achieve the ability to independently manufacture high-precision and advanced molds and tools Establish a factory in Vietnam Expand businesses such as magnetic materials and injection molding Conduct a reverse acquisition and list on the Shenzhen Stock Exchange Strengthened our global business presence in Brazil, Finland, South Korea and other locations; Acquired Salcomp, started the Charger business, and introduced ODM and specialty assembly capabilities; Acquired LOM India, acquired certain assets of Nokia India Pvt Ltd, and leased land to increase our presence in Indian market Acquired Zhejiang Jintai to enter the new energy vehicle (NEV) industry. Signed a memorandum with Hanson Robotics Limited to collaborate on the design optimization, upgrades and mass- production testing of humanoid robots. Signed a nomination agreement with the subsidiary of a German automaker for power batteries to supply battery covers, die-cutting components and related injection molding and stamping parts. Issued convertible bonds, raising a total of RMB2.1 billion; Expanded into new business areas including robotics, servers and low-altitude economy. Established the global headquarter in Shenzhen. Acquired Zhejiang Xianglong and Jiangsu Keda, fully entering the automotive Tier 1 business; strategically invested in Boke Electronics, accelerating the industrialization of AI system energy solutions; Signed SPA to acquire Readore; enriched server sector product matrix, entered core supply chain of global computing power leader;Completed the assembly of over 5,000 humanoid (embodied) robots and established partnerships with several leading domestic and international companies. Acquired Zhejiang Xianglong and Jiangsu Keda, fully entering the automotive Tier 1 business; strategically invested in Boke Electronics, accelerating the industrialization of AI system energy solutions; Signed SPA to acquire Readore; enriched server sector product matrix, entered core supply chain of global computing power leader; Completed the assembly of over 5,000 humanoid (embodied) robots and established partnerships with several leading domestic and international companies. • Research and Development Center