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Suzhou Longjie Special Fiber Co Ltd

Suzhou Longjie Special Fiber Co., Ltd. researches, develops, produces, and sells polyester filaments in China and internationally. Its products include PTT and recycled fibers, as well as animal fur polyester fibers such as imitation mink, imitation wool, and imitation rabbit fur. These products are used in industrial applications; apparel, home textiles, new energy vehicle interiors, toys, and outdoor products; and car seats, door panels, and headliners. Founded in 2003, the company is based in Zhangjiagang, China, and operates as a subsidiary of Zhangjiagang Longjie Investment Co., Ltd.

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Suzhou Longjie's 2026 Interim Net Profit Rises 64.24% Year-on-Year

Suzhou Longjie released its 2026 interim report, with net profit attributable to the parent company at 54.6128 million yuan, up 64.24% from the same period last year, marking four consecutive years of growth. The company's total operating revenue was 909 million yuan, up 29.73% year-on-year; net cash inflow from operating activities was 140 million yuan, achieving growth for two consecutive years. The latest gross margin was 12.95%, rising for five consecutive quarters; diluted earnings per share was 0.25 yuan, up 56.25% year-on-year.
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Suzhou Longjie Terminates A-Share Private Placement and Withdraws Application

Suzhou Longjie announced that the company has decided to terminate its A-share private placement and withdraw the application documents. The company and its sponsor Guosen Securities have submitted a withdrawal application to the Shanghai Stock Exchange, and recently received the exchange's decision to terminate the review. The offering was originally planned to raise funds for the development of its main business. Due to the termination, it will not proceed, and no arrangements for filling the diluted immediate returns will be involved.
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Suzhou Longjie forecasts first-half 2026 net profit up 56.39% to 92.48% year-on-year

Suzhou Longjie has released its earnings forecast, projecting net profit attributable to shareholders of the parent company for the first half of 2026 at 52 million to 64 million yuan, representing a year-on-year increase of 56.39% to 92.48%. Deducted non-recurring net profit is expected to be 54 million to 66 million yuan, up 166.86% to 226.16% year-on-year. The company stated that the earnings growth is mainly due to steady expansion of downstream market demand, its continued deepening of high-end product deployment, and accelerated expansion into high-value-added categories. Core products achieved a coordinated rise in both sales volume and selling prices, with significant results from product mix optimization, and overall profitability further strengthened compared with the same period last year.
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