Shenzhen Longtech Smart Control Co. Ltd.

Longtech Smart released its 2026 interim report. Total operating revenue was 744 million yuan, down 7.74% year on year. Net profit attributable to the parent company was 5.81 million yuan, down 89.90% from the same period last year. Net cash inflow from operating activities was 14.21 million yuan, down 69.07% year on year. The company's latest asset-liability ratio was 46.75%, gross margin was 14.45%, return on equity was 0.44%, and diluted earnings per share was 0.04 yuan. The number of shareholders was 11,500, and the top ten shareholders held 64.19% of the shares.

Langte Intelligent released its 2026 interim report. First-half net profit attributable to the parent was 5.81 million yuan, down 89.9% year on year. Operating revenue was 744 million yuan, down 7.7% year on year. Deducted non-recurring loss was 3.8 million yuan, down 107.5% year on year. Net operating cash flow was 14.21 million yuan, down 69.1% year on year. Second-quarter net profit attributable to the parent was 4.61 million yuan, down 83.1% year on year. The company said the continued decline in the US dollar against the renminbi caused exchange losses of about 38.6 million yuan, while intensifying industry competition and rising upstream raw material prices also pressured short-term profitability.

Longtech Smart issued an announcement, expecting net profit attributable to the parent for the first half of 2026 to be between 4.8 million yuan and 7.2 million yuan, a year-on-year decline of 87.48% to 91.65%. After deducting non-recurring gains and losses, net profit attributable to the parent is expected to show a loss of 2.4 million yuan to 4.8 million yuan, a year-on-year decline of 104.73% to 109.46%. The main reasons for the performance change include an exchange loss of approximately 39 million yuan caused by the depreciation of the US dollar against the renminbi, intensified industry competition and rising prices of upstream core raw materials, as well as high initial research and development and market development expenses for the newly controlled subsidiary Youka Intelligent Technology Suzhou Company Limited, which is in its start-up phase. In the first quarter of 2026, the company achieved revenue of 353 million yuan and net profit attributable to the parent of 1.2 million yuan.