Shanghai Longcheer FY26 H1 net profit drops 29.3% to RMB 251.11 million; revenue falls 6.3% to RMB 18.66 billion

• Shanghai Longcheer posted revenue of RMB 18.66 billion for the six months ended June 30, down 6.3% year on year.
• Profit attributable to owners of the parent fell 30.9% to RMB 245.86 million; basic and diluted EPS dropped 37.7% to RMB 0.48.
• Gross profit margin widened to 9.3% from 7.9%, while gross profit rose 11% to RMB 1.74 billion.
• Smartphone revenue declined 11.43% to RMB 12.42 billion, while tablets climbed 19.96% to RMB 2.28 billion and AIoT rose 8.54% to RMB 3.61 billion.
• Completed the acquisition and consolidation of 60% stakes in KC Precision and Geeia Metal for RMB 540 million; announced an 80% acquisition of A-RACK for RMB 1.12 billion.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Shanghai Longcheer Technology Co. Ltd. published the original content used to generate this news brief via IIS, the regulatory disclosure system operated by the Hong Kong Stock Exchange (HKex) (Ref. ID: HKEX-EPS-20260827-12302613), on August 27, 2026, and is solely responsible for the information contained therein.