Longsoft Technology plans to inject 20 million yuan of its own funds into its wholly-owned subsidiary, Chengdu Longsoft Spatiotemporal Intelligent Technology. The company stated that this capital increase will support the subsequent production, operations, and business development of Chengdu Longsoft, aligning with the overall strategic plan. It will not lead to changes in the scope of consolidated financial statements, nor will it have a significant impact on the financial position or operating results. In the first quarter of 2026, Longsoft Technology achieved revenue of 22.94 million yuan, with a net loss attributable to the parent company of 7.93 million yuan.
Beijing LongRuan Technologies IncCompany injects 20 million yuan into subsidiary, but states no significant financial impact; first-quarter loss reported.
Wholly-owned subsidiary receives 20 million yuan capital injection to support operations and business development.