Glonhui, July 27丨Guolian Securities Research Report pointed out that Lianchuang Optoelectronics (600363.SZ) achieved steady growth in revenue and net profit of laser series products in the first half of the year. In the first half of the year, laser series products achieved main business revenue of 121 million yuan and net profit of 032 million yuan, up 14.49% and 33.9% respectively over the same period last year. This business achieved steady growth. Lianchuang Superconductor has accelerated the implementation of results, and on-hand orders are growing rapidly. In the first half of 2023, the company promoted the completion of the inspection and approval of a special topic related to the central government guiding local science and technology development to superconductivity; the project had already achieved results and applied it to the preparation of ultra-high power high temperature superconducting induction heaters. In the first half of the year, Lianchuang Superconductor and Chinalco Dongqing held a commissioning ceremony for the world's first high-temperature superconducting induction heating device. Currently, more than 60 units have been ordered, and 6 units of equipment have been successfully delivered. Referring to comparable companies, the bank gave the company 45 times PE in 2023, a target market value of 19.282 billion yuan, corresponding to a stock price of 42.35 yuan, and maintained a “buy” rating.