Group 1 - The core viewpoint of the news highlights the recent trading performance and financial metrics of Longqi Technology, indicating a significant level of financing activity and stock performance [1][2]. - On October 29, Longqi Technology's stock rose by 1.19%, with a trading volume of 467 million yuan. The net financing purchase for the day was 5.07 million yuan, with a total financing and securities lending balance of 642 million yuan [1]. - The financing balance of Longqi Technology is 639 million yuan, accounting for 5.13% of its market capitalization, which is above the 90th percentile level over the past year, indicating a high level of financing activity [1]. - In terms of securities lending, on October 29, the company repaid 15,100 shares and sold 1,100 shares, with a total selling amount of 51,400 yuan, also reflecting a high level of securities lending activity [1]. - As of September 30, the number of shareholders increased by 15.64% to 27,000, while the average circulating shares per person decreased by 13.52% to 9,848 shares [2]. Group 2 - For the period from January to September 2025, Longqi Technology reported a revenue of 31.33 billion yuan, a year-on-year decrease of 10.28%, while the net profit attributable to shareholders increased by 17.74% to 507 million yuan [2]. - Since its A-share listing, Longqi Technology has distributed a total of 461 million yuan in dividends [3].

Core Insights - Shanghai Longqi Technology Co., Ltd. reported a decline in revenue and profit for the first three quarters of 2025 due to weak global consumer electronics demand [1] - Despite the overall pressure, the company showed signs of profit recovery in the third quarter of 2025 [1] Financial Performance - For the first nine months of 2025, the company achieved operating revenue of 31.332 billion yuan, a year-on-year decrease of 10.28% [1] - The net profit attributable to shareholders was 386 million yuan, down 15.54% year-on-year [1] - The net profit attributable to shareholders after deducting non-recurring gains and losses was 345 million yuan, a decline of 24.03% year-on-year [1] Business Overview - Longqi Technology specializes in providing ODM services for smart terminals, including smartphones, tablets, smart wearable devices, AIoT products, and servers [1] - The company is a leading player in the domestic smart ODM sector, deeply integrated with major global brand clients [1] Q3 Performance - In the third quarter of 2025, the company recorded operating revenue of 11.424 billion yuan, a year-on-year decrease of 9.62% [1] - The total profit for the third quarter reached 170 million yuan, a significant year-on-year increase of 94.53% [1]

Group 1 - The core transaction involved Longqi Technology, with a total of 300,000 shares traded on October 29, resulting in a transaction amount of 13.884 million yuan, which accounted for 2.89% of the total trading volume for that day [1] - The transaction price was 46.28 yuan per share, representing a discount of 1.01% compared to the market closing price of 46.75 yuan [1][2] - The buying brokerage was identified as a specialized institutional trading department, indicating a significant interest from institutional investors [2]

公司摊薄每股收益为1.10元。 公司最新总资产周转率为1.17次，较去年同期总资产周转率减少0.35次，同比较去年同期下降22.87%。最新存货周转率为13.91次，较去年同期存货周转率减 少0.73次，同比较去年同期下降4.98%。 公司股东户数为2.70万户，前十大股东持股数量为2.65亿股，占总股本比例为56.49%，前十大股东持股情况如下： | 序号 | 股东名称 | 持股 | | --- | --- | --- | | l | 昆山龙旗投资管理中心(有限合伙) | 20.4 | | 2 | 澄迈旗禾企业管理合伙企业(有限合伙) | 9.77 | | 3 | 天津金米投资合伙企业(有限合伙) | 4.95 | | 4 | 葛振纲 | 4.57 | | 5 | 昆山旗云投资管理中心(有限合伙) | 3.40 | | 6 | 苏州工业园区顺为科技创业投资合伙企业(有限合伙) | 3.34 | | 7 | ダマモ | 2.86 | | 8 | 中国互联网投资基金管理有限公司-中国互联网投资基金(有限合伙) | 2.85 | | d | 王伯良 | 2.36 | | 10 | 华舜(广州)企业管理合伙企业(有 ...

Core Viewpoint - The company reported a decline in revenue for the first three quarters of 2025, while net profit showed significant growth, indicating a mixed financial performance [6]. Financial Performance - For the first three quarters of 2025, the company achieved a revenue of 31.332 billion yuan, a year-on-year decrease of 10.28%, while net profit attributable to shareholders was 507 million yuan, a year-on-year increase of 17.74% [6]. - In the third quarter, the company generated revenue of 11.424 billion yuan, down 9.62% year-on-year, but net profit rose by 64.46% to 152 million yuan [6]. Business Segment Performance - The smartphone business reported revenue of 7.682 billion yuan in the third quarter, a year-on-year decline of 21.96%, but a quarter-on-quarter increase of 5.50% [7]. - The tablet business saw revenue increase by 23.30% year-on-year to 1.09 billion yuan in the third quarter, driven by investments in the supply chain [7]. - AIoT products generated revenue of 2.282 billion yuan, reflecting a year-on-year increase of 47.17% [7]. - The company expanded its smart glasses collaboration with leading global internet clients, with the first project entering mass production [7]. - In the automotive electronics sector, the company successfully delivered products to key clients and initiated mass production for wireless charging projects [7]. Share Buyback - As of September 30, 2025, the company repurchased 7,499,937 shares, accounting for 1.60% of total shares, with a total expenditure of approximately 299.82 million yuan [8].

Core Viewpoint - Longqi Technology (603341.SH) reported a decline in total operating revenue for the first three quarters of 2025, while net profit attributable to shareholders increased significantly [1] Financial Performance - Total operating revenue for the first three quarters reached 31.332 billion yuan, representing a year-on-year decrease of 10.28% [1] - Net profit attributable to shareholders was 507 million yuan, showing a year-on-year increase of 17.74% [1] - Basic earnings per share stood at 1.1 yuan [1]

证券代码：603341 证券简称：龙旗科技 公告编号：2025-100 上海龙旗科技股份有限公司（以下简称"公司"）第四届董事会第十次会议 于2025年10月28日以现场加通讯表决方式召开。本次会议通知已于2025年10月17 日以电子邮件方式发出。会议由董事长杜军红先生主持，会议应到董事7人，实 到董事7人，公司高级管理人员列席会议。本次会议的召集、召开符合有关法律、 行政法规、部门规章、规范性文件和《上海龙旗科技股份有限公司章程》的规定， 表决形成的决议合法、有效。 上海龙旗科技股份有限公司 第四届董事会第十次会议决议公告 本公司董事会及全体董事保证本公告内容不存在任何虚假记载、误导性陈述 或者重大遗漏，并对其内容的真实性、准确性和完整性承担法律责任。 一、董事会会议召开情况 二、董事会会议审议情况 （一）审议通过《关于公司2025年第三季度报告的议案》 同意《2025 年第三季度报告》的相关内容。 （二）审议通过《关于计提资产减值准备的议案》 同意 2025 年 1-9 月计提各项信用及资产减值准备合计人民币 6,628.94 万元。 表决结果：同意 7 票，占全体董事人数的 100%；反对 0 票；弃 ...

Financial Performance - The company's operating revenue for Q3 2025 was ¥11,423,907,012.98, a decrease of 9.62% compared to the same period last year[4] - Total profit for the quarter reached ¥170,311,171.08, representing a significant increase of 94.53% year-over-year[4] - Net profit attributable to shareholders was ¥151,665,837.93, up 64.46% compared to the same quarter last year[4] - The basic earnings per share for the quarter was ¥0.33, reflecting a 73.68% increase year-over-year[5] - For the first three quarters of 2025, the company achieved a revenue of RMB 31.33 billion, a year-on-year decrease of 10.28%, while the net profit attributable to shareholders increased by 17.74% to RMB 507 million[13] - In Q3 2025, the company reported a revenue of RMB 11.42 billion, down 9.62% year-on-year, but net profit attributable to shareholders surged by 64.46% to RMB 152 million[13] - The total profit for the current period is approximately $549.89 million, compared to $456.06 million in the previous period, reflecting an increase of about 20.5%[23] - Net profit attributable to shareholders of the parent company is approximately $507.27 million, up from $430.86 million, representing a growth of about 17.7%[23] - The basic and diluted earnings per share for the current period are both $1.10, compared to $0.95 in the previous period, indicating an increase of approximately 15.8%[23] - The total comprehensive income for the current period is approximately $499.91 million, compared to $434.01 million in the previous period, reflecting an increase of about 15.2%[23] Assets and Liabilities - The total assets of the company at the end of the reporting period were ¥27,306,842,951.71, an increase of 3.65% from the end of the previous year[5] - Cash and cash equivalents as of September 30, 2025, were CNY 7,345,634,257.69, an increase from CNY 6,819,793,064.37 at the end of 2024[17] - Total assets as of September 30, 2025, amounted to CNY 27,306,842,951.71, compared to CNY 26,345,613,932.26 at the end of 2024, reflecting a growth of 3.6%[18] - Total liabilities as of September 30, 2025, were CNY 21,567,013,030.78, an increase from CNY 20,752,484,852.66 in 2024, representing a rise of 3.9%[19] - The company's equity attributable to shareholders as of September 30, 2025, was CNY 5,740,203,332.51, compared to CNY 5,600,772,563.42 at the end of 2024, showing an increase of 2.5%[19] - Inventory as of September 30, 2025, was CNY 2,235,000,014.17, up from CNY 1,881,624,991.67 at the end of 2024, indicating a growth of 18.9%[17] - Short-term borrowings as of September 30, 2025, increased to CNY 2,735,852,826.33 from CNY 1,801,656,312.27 at the end of 2024, reflecting a significant rise of 51.7%[18] Cash Flow - The net cash flow from operating activities for the year-to-date was ¥915,761,720.57, showing a slight decrease of 0.42%[4] - Cash flow from operating activities for the first three quarters of 2025 is approximately $36.72 billion, down from $38.27 billion in the same period of 2024, a decrease of about 4.1%[26] - Cash flow from investing activities shows a net outflow of approximately $289.87 million, an improvement compared to a net outflow of $1.43 billion in the previous year[27] - Cash flow from financing activities generated a net inflow of approximately $781.54 million, compared to $1.61 billion in the same period of 2024, indicating a decrease of about 51.6%[27] - The company reported a cash and cash equivalents balance of approximately $6.85 billion at the end of the period, up from $5.43 billion at the end of the previous period, an increase of about 26%[27] - The company received cash from investment recoveries amounting to approximately $18.74 billion, significantly higher than $6.16 billion in the previous year, indicating a growth of about 204%[26] Business Segments - The smartphone business generated RMB 7.68 billion in Q3 2025, reflecting a year-on-year decline of 21.96% but a quarter-on-quarter increase of 5.50%[14] - The tablet business saw a revenue increase of 23.30% year-on-year, reaching RMB 1.09 billion in Q3 2025[14] - AIoT product revenue in Q3 2025 rose by 47.17% year-on-year to RMB 2.28 billion[14] - The automotive electronics sector has successfully commenced mass production and delivery of in-vehicle mobile control tablets to core clients[14] - The first smart glasses project has entered mass production, with additional projects progressing as planned[14] Strategic Initiatives - The company continues to focus on improving project quality, which has positively impacted profit margins and overall financial performance[9] - The company is focusing on expanding its market presence and enhancing product capabilities through increased investment in key supply chains[14] - The company has launched two self-developed AI PC products targeting high-performance and lightweight scenarios, with a global top client project officially launched[14] - The company has repurchased a total of 7,499,937 shares, representing 1.60% of the total share capital, with a total expenditure of RMB 299,819,751.05[15] Research and Development - Research and development expenses for the first three quarters of 2025 were CNY 1,951,106,200.28, up from CNY 1,472,924,271.40 in 2024, indicating a rise of 32.5%[22] Non-Recurring Items - Non-recurring gains and losses for the quarter totaled ¥59,284,128.76, with significant contributions from government subsidies and financial asset disposals[7] - The company reported a decrease of 18.35% in net profit attributable to shareholders after deducting non-recurring gains and losses for the year-to-date[4] Accounting Standards - The company has not applied new accounting standards for the current period[28]

证券代码：603341 证券简称：龙旗科技 公告编号：2025-101 上海龙旗科技股份有限公司 关于计提资产减值准备的公告 本公司董事会及全体董事保证本公告内容不存在任何虚假记载、误导性陈述 或者重大遗漏，并对其内容的真实性、准确性和完整性承担法律责任。 上海龙旗科技股份有限公司（以下简称"公司"）于 2025 年 10 月 28 日召开 第四届董事会第十次会议审议通过《关于计提资产减值准备的议案》，具体情况 如下： 一、计提减值准备情况概述 根据《企业会计准则》及公司会计政策的相关规定，为真实反映本公司财务 状况和经营情况，基于谨慎性原则，公司对截至 2025 年 9 月 30 日合并财务报表 范围内存在减值迹象的资产进行了减值测试，根据减值测试结果，2025 年 1-9 月计提各项信用及资产减值准备合计人民币 6,628.94 万元。具体情况如下： 二、本次计提资产减值准备的相关说明 （一）信用减值损失 本公司以预期信用损失为基础确认信用减值损失准备。 对于存在客观证据表明存在减值，以及其他适用于单项评估的应收票据、应 收账款、其他应收款、应收款项融资、合同资产、其他非流动资产及长期应收款 等单独进行减 ...

Group 1 - Longqi Technology's stock rose by 0.72%, closing at 46.20 yuan, with a significant block trade of 300,000 shares totaling 13.72 million yuan [1] - The first transaction price was 45.74 yuan for 300,000 shares, with a premium rate of -1.00%, and the buyer was from CITIC Securities Headquarters [1] - Over the past three months, Longqi Technology has recorded 16 block trades with a total transaction amount of 661 million yuan [1] Group 2 - In the last five trading days, the stock has increased by 2.35%, with a net inflow of main funds amounting to 10.46 million yuan [1]