A-Share Market Alert | Longshine Technology Plunges Over 11% on Disappointing H1 Results, Leading A-Share Declines

Gelonghui, August 17 | Longshine Technology (300682.SZ) closed down sharply by 11.5% at midday, leading the market in declines, to close at RMB 10.14, with a total market capitalization of RMB 10.9 billion. On the news front, Longshine Technology reported total operating revenue of approximately RMB 1.482 billion in the first half of the year, a slight year-on-year decrease of 3.89%; however, net profit attributable to shareholders posted a loss of approximately RMB 180 million, plunging 730% year-on-year and turning from profit to loss. Net profit excluding non-recurring items recorded an even larger loss of RMB 220 million, dropping 1,714% year-on-year. Looking at the second quarter alone, the situation was equally unfavorable, with net profit attributable to shareholders posting a loss of RMB 131 million, a year-on-year decline of 617.56%. Operating cash flow

Gelonghui FinanceAug 17 11:41

Langxin Technology: 2026 Semi-Annual Report

SZSIAug 17 00:00 · Announcements

Langxin Technology: Summary of the 2026 Semi-Annual Report

SZSIAug 17 00:00 · Announcements

Longshine Technology (300682.SZ) Releases Semi-Annual Report: Core Business Maintains Rapid Growth, AI-Powered Electricity Trading Agents Achieve Practical Application

On August 16, 2026, Longshine Technology Group Co., Ltd. (300682.SZ) released its semi-annual report for 2026. The company reported operating revenue of RMB 1.482 billion, a year-on-year decrease of 3.89%, and a net profit attributable to shareholders of the listed company of negative RMB 180 million. The loss incurred in the first half of the year was primarily due to two factors: first, while the scale of electricity trading business grew rapidly, the company faced risks from significant regional fluctuations in electricity market prices, resulting in temporary operational losses; second, the energy digitalization and intelligence business exhibits pronounced seasonality, with net profits predominantly recognized in the fourth quarter.

Zhitong FinanceAug 16 16:15

Langxin Technology (300682): Power trading continues to scale up, and AI agents enter a new phase of commercialization

Report Summary: The company's near-term profitability is under pressure due to investments in AI and the expansion of its energy business, but its power trading segment continues to grow rapidly. Productization of AI solutions and supportive green electricity policies are expected to unlock medium- to long-term growth potential. Key Investment Highlights: Investment Recommendation:

Guotai Haitong SecuritiesJul 18 00:00

Langxin Technology (300682.SZ): Relevant Shareholders Terminated Their Concert Party Relationship, Resulting in a Change of Controlling Shareholder and Actual Controller

Gelonghui, July 15 — Longshine Technology (300682.SZ) announced that Zheng Xinbiao, one of the company's actual controllers, has completed retirement procedures upon reaching the statutory retirement age. By the end of 2025, Longshine Technology will complete the election of its new board of directors and the appointment of senior management personnel. Zheng Xinbiao did not participate in this selection and appointment process, and following the completion of the transition, he no longer holds any positions as a director or senior management personnel of the company. Consequently, Zheng Xinbiao and Xu Changjun have mutually agreed to terminate their existing concert party relationship and signed a 'Concert Party Relationship Termination Agreement' on July 15, 2026, thereby terminating the concert party agreement originally entered into between them in March 2014.

Gelonghui FinanceJul 15 20:01