Shandong Longji Machinery Co Ltd

Longji Machinery announced on August 27 that it plans to distribute a cash dividend of 0.3 yuan, tax included, for every 10 shares to all shareholders, with an estimated total payout of 12.48 million yuan. In the first half of 2026, the company achieved revenue of 922 million yuan and net profit attributable to the parent of 42.34 million yuan.

Longji Machinery released its 2026 half-year report, with first-half net profit attributable to the parent of 42.34 million yuan, up 34.5% year on year. Operating revenue was 922 million yuan, down 11.1% year on year. Net profit attributable to the parent after deducting non-recurring items was 39.2 million yuan, up 37.1% year on year. Net operating cash flow was 151 million yuan, up 8.0% year on year. Earnings per share were 0.1018 yuan. In the second quarter, operating revenue was 481 million yuan, down 6.1% year on year. Net profit attributable to the parent was 24.81 million yuan, up 95.6% year on year. Net profit attributable to the parent after deducting non-recurring items was 23.52 million yuan, up 106.2% year on year. As of the end of the second quarter, total assets were 2.999 billion yuan, down 2.1% from the end of the previous year. Net assets attributable to the parent were 2.169 billion yuan, up 0.7% from the end of the previous year. The company said that during the reporting period, the domestic auto industry underwent structural adjustment. Passenger vehicle production and sales fell 5.9% and 6% respectively, while commercial vehicles grew 8.2% and 8.3% respectively. New energy vehicle sales accounted for 51.3% of the total. The company focuses on automotive brake components, continues to optimize its product structure, strengthens cooperation with leading automakers, and pays attention to green, low-carbon and lightweight development.