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What Luenmei Quantum (联美控股) Does & How It Makes Money (600167.SS)

Updated October 2026 · reflects Luenmei Quantum's latest reported financials

Chinese provider of clean heating, cooling and integrated energy services. It earns fees for supplying and managing heating and cooling for urban residents, industrial parks and large public buildings, mainly through combined heat-and-power generation and distributed energy systems.

Luenmei Quantum's story, moat and numbers — in a 3-minute visual book.

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How Luenmei Quantum makes money

It earns fees for supplying and managing heating and cooling for urban residents, industrial parks and large public buildings, mainly through combined heat-and-power generation and distributed energy systems.

What Luenmei Quantum does

Luenmei Quantum Co.,Ltd is a Shenyang-based utility that provides integrated energy services in China. Its core business is clean heating from combined heat-and-power plants, along with heating and cooling management for urban residents. It also supplies energy services to industrial parks and large and medium-sized public buildings, and runs distributed heating and cooling systems. The company was founded in 1999 and changed its name from Luenmei Holding Co., Ltd in November 2016. It is a subsidiary of Lianzhong New Energy Co., Ltd.

Products & services

联美控股是做什么的?

联美量子股份有限公司(原联美控股)总部位于沈阳,在中国从事综合能源服务。公司以热电联产清洁供暖为核心业务,为城市居民提供供热、供冷管理服务。公司还为工业园区和大中型公共建筑提供能源服务,并经营分布式供热/供冷业务。 公司成立于1999年,2016年11月由联美控股股份有限公司更名为现名,是联众新能源有限公司的子公司。

What is Luenmei Quantum worth?

On an owner-earnings DCF, Luenmei Quantum's most-likely value is about ¥6 versus a recent price near ¥6 (0% above fair value). But TacticScale only calls a stock undervalued when the price sits below its conservative no-growth floor (~¥4) with a margin of safety — so the honest verdict here is “Fairly priced — no edge.” Fair value earns its keep only at the extremes, not in the wide middle.

Verdict: Fairly priced — no edge
Owner-earnings fair value · recent price ≈ ¥6
Fair value (most likely)
¥6
Range
¥5–¥12
No-growth floor
¥4
Price
~¥6

Price sits in the normal range — fair value isn't actionable here; it earns its keep only when price drops below the no-growth floor, or runs to roughly double the optimistic case.

Analysis, not advice. Fair value is a margin-of-safety estimate from a deterministic owner-earnings DCF, not a price target or recommendation. See the full breakdown →

Sector Utilities Industry Utilities - Regulated Electric HQ China Ticker 600167.SS Official site

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