Zhong Guo Jing Ji Wang·2025-08-28 03:09Core Viewpoint - Langjin Technology (300594.SZ) is under investigation by the China Securities Regulatory Commission (CSRC) for suspected violations of information disclosure laws, but the company asserts that its operations remain stable and unaffected during the investigation [1]. Financial Performance - Langjin Technology has reported consecutive losses for three years, with revenues of 771 million yuan in 2022, 902 million yuan in 2023, and projected 881 million yuan in 2024, reflecting a decrease of 2.35% year-on-year [2][3]. - The net profit attributable to shareholders has been negative, with figures of -57.99 million yuan in 2022, -0.32 million yuan in 2023, and projected -76.41 million yuan in 2024, indicating a significant decline of 2,309.28% [3]. - The company’s cash flow from operating activities has also been negative, with -299 million yuan in 2022, -76.49 million yuan in 2023, and projected -101.73 million yuan in 2024, showing a 33% decrease [3]. Recent Developments - In the first half of 2025, Langjin Technology achieved revenue of 340 million yuan, a decline of 10.88% year-on-year, but reported a net profit of 1.48 million yuan, a recovery from a loss of 21.81 million yuan in the same period last year [4]. - The company’s basic earnings per share improved to 0.02 yuan from -0.24 yuan year-on-year, indicating a positive shift in financial performance [4].