Longshine Technology's controlling shareholder, Wuxi Puhua, released 5.88 million shares from pledge on July 31, representing 4.65% of its holdings and 0.55% of the company's total share capital. As of the announcement date, Wuxi Puhua has a cumulative pledged share count of 58.35 million shares, accounting for 46.16% of its total holdings. The company achieved revenue of 693 million yuan in the first quarter of 2026, with a net loss attributable to the parent company of 49.71 million yuan.
Longshine Technology Co LtdControlling shareholder releases pledge but still has 46.16% pledged, indicating financial strain; Q1 net loss of 49.71 million yuan.