Core Viewpoint - Longpan Technology (02465) experienced a decline of over 4% following the release of its financial results, with a current share price of 9.2 HKD and a trading volume of 76.31 million HKD [1] Financial Performance - For the six months ending June 30, 2025, the company reported a revenue of 3.622 billion RMB, reflecting a year-on-year growth of 1.5% [1] - The loss attributable to the owners of the company was 84.194 million RMB, which represents a year-on-year reduction of 61.6% [1] - The basic loss per share was reported at 0.12 RMB [1] Product Pricing Trends - The average selling price of the company's main products in the first half of 2025 saw the following declines compared to the same period last year: - Lubricants: down 7.20% - Diesel engine exhaust treatment fluid: down 8.45% - Coolants: down 0.19% - Lithium iron phosphate cathode materials: down 16.70% [1] Raw Material Price Changes - The average procurement prices for key raw materials in the first half of 2025 showed varied changes: - Base oil: decreased by 616.46 RMB/ton, down 7.14% - Ethylene glycol: increased by 148.27 RMB/ton, up 3.79% - Urea: decreased by 419.19 RMB/ton, down 19.81% - Phosphate: decreased by 173.73 RMB/ton, down 1.98% - Lithium carbonate: decreased by 22,674.64 RMB/ton, down 26.08% [1]