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Longruan Technology posts net loss of 14.8789 million yuan in first half, swinging to loss year-on-year
Longruan Technology disclosed its semi-annual report, with a net loss attributable to the parent company of 14.8789 million yuan in the first half of 2026, compared with a net profit of 4.8191 million yuan in the same period last year, swinging from profit to loss year-on-year. The company achieved operating revenue of 87.5376 million yuan in the same period, up 1.82 percent year-on-year. During the reporting period, the company's profit was under pressure due to factors such as intensified competition in junior and intermediate smart mine construction projects and persistently high research and development investment.