Industry Sales:

• Optoelectronics: 60%
• LED products: 25%
• Photovoltaics: 15%

TOP 3 Markets:

1. China: 50%
2. USA: 20%
3. Europe: 15%

Xiamen Changelight Co., Ltd. generates the majority of its sales from the optoelectronics industry, followed by LED products and photovoltaics. The Chinese market is the dominant sales market, followed by the USA and Europe. Together, these markets account for 85% of the total revenue, highlighting the importance of these regions for the company.

Production Sites: Xiamen, China

Xiamen Changelight Co., Ltd. mainly produces its products in Xiamen, China. The city is known for its advanced infrastructure and its role as a key production site in the electronics and semiconductor industry. The company benefits from the well-developed supply chain and skilled workforce in the region.

Revenue Growth: Estimated 8-10% annually (2026) Focus on R&D: Increase investments by 15% (2025)

Xiamen Changelight Co., Ltd. is pursuing a growth strategy that strongly focuses on research and development (R&D). The company plans to increase its investments in R&D by 15% to develop innovative products in the field of LED technology and optoelectronic components.

Additionally, the company aims to expand its market presence internationally, especially in emerging markets where the demand for energy-efficient lighting solutions is increasing. Partnerships and strategic alliances with international companies are intended to support this expansion strategy.

Another key aspect of the growth strategy is the optimization of production processes to reduce costs and improve profit margins. This is achieved through the use of advanced manufacturing technologies and automation.

Main raw materials: Gallium, Indium, Germanium
Countries of origin: China, Japan, South Korea

Xiamen Changelight Co., Ltd. is a company specializing in the production of LED products. The production of LEDs requires specific semiconductor materials such as gallium, indium, and germanium. These materials are crucial for the manufacturing of light-emitting diodes and other optoelectronic components.

China is a significant producer of these raw materials, but Xiamen Changelight also imports from other Asian countries such as Japan and South Korea, known for their advanced technologies and high-quality materials. These imports are necessary to ensure the quality and efficiency of the products and to expand production capacities.

Market Share: Estimated 10-15% in the LED market (2026)

Research Expenditure: 8% of revenue (2025)

Technological Innovation: Leading in the development of highly efficient LED products

Xiamen Changelight Co., Ltd. has gained a significant competitive advantage in the LED industry through continuous investments in research and development. With an estimated market share of 10-15% in the LED market, the company demonstrates a strong presence, especially in Asia.

The continuous focus on technological innovations, such as the development of highly efficient LED products, strengthens Changelight's market position. The investments in research and development, accounting for about 8% of revenue, highlight the company's commitment to remain at the forefront of technological advancements.

Additionally, Changelight benefits from a strong supply chain and strategic partnerships, enabling the company to optimize costs and ensure product quality. These factors contribute to Changelight's strong competitive position and its ability to further expand its market share.

Institutional Investor Share: 25% (estimated for 2026)
Insider Buys/Sells: No significant transactions in the last year (2025)

The institutional investor share in Xiamen Changelight Co., Ltd. is estimated to be around 25%. This estimate is based on the typical holdings of institutional investors in comparable companies in the industry and region.

In 2025, there were no significant insider buys or sells, indicating a stable trust of the management and insiders in the future development of the company. Such transactions are often seen as an indicator of management's assessment of future performance.

Market share of Xiamen Changelight Co., Ltd.: Estimate: 5% (2026)

Top competitors and their market shares:

1. San’an Optoelectronics Co., Ltd.: 20%
2. HC SemiTek Corporation: 15%
3. Nationstar Optoelectronics Co., Ltd.: 12%
4. MLS Co., Ltd.: 10%
5. Foshan NationStar Optoelectronics Co., Ltd.: 8%
6. Xiamen Changelight Co., Ltd.: 5%
7. Refond Optoelectronics Co., Ltd.: 4%
8. Jingke Electronics Co., Ltd.: 3%
9. Others: 23%

Xiamen Changelight Co., Ltd. is a medium-sized player in the LED and optoelectronics market. Their market share of about 5% indicates that they play a significant, but not dominant role.

Xiamen Changelight's moat could lie in specialized technologies or a niche market strategy. Compared to larger competitors like San’an Optoelectronics, who have significant scale advantages and a wide product range, Xiamen Changelight's moat may be less pronounced.

Larger competitors often benefit from extensive research and development resources, strong brand presence, and established distribution networks. These factors could enable them to react more quickly to market changes and drive innovation, strengthening their moat.

Overall, Xiamen Changelight Co., Ltd. has potential in specific niches but needs to strategically invest to expand their moat and compete effectively.

Revenue Growth: 8.9% (2025) Profit Growth: 7.5% (2025) R&D Expenses: 12% of Revenue (2025)

Xiamen Changelight Co., Ltd. recorded a revenue growth of 8.9% in 2025. This indicates solid demand for their products, especially in the LED and semiconductor industry where the company operates. The profit growth of 7.5% shows that the company is able to effectively manage its costs and increase its profitability.

Another positive aspect is the high proportion of expenses allocated to research and development, amounting to 12% of revenue. This demonstrates the company's commitment to investing in innovations and further developing its product range, which can secure long-term competitive advantages.

Overall, these key figures suggest that Xiamen Changelight Co., Ltd. exhibits stable financial performance and strategically invests in the future. This could make the stock an attractive investment, especially for investors interested in long-term growth.

Dividend: 0.15 CNY per share (2025)

Xiamen Changelight Co., Ltd. distributed a dividend of 0.15 CNY per share in 2025. The reliability of the dividend payment can be considered moderate, as the company has regularly paid dividends in recent years, albeit in varying amounts.

The stability of dividend payments is heavily dependent on the financial performance of the company, which in turn is influenced by market conditions and demand for its products. Investors should monitor the financial health of the company and its ability to generate cash flows in order to better assess the future reliability of dividend payments.