Core Viewpoint - Longkun Technology (301305.SZ) reported a revenue of 532 million yuan for Q3 2025, reflecting an 8.31% year-on-year growth, while the total revenue for the first three quarters reached 1.386 billion yuan, showing a slight increase of 0.17% year-on-year [1] Financial Performance - Q3 net profit attributable to shareholders was 102 million yuan, a significant increase of 39.55% year-on-year, with a cumulative net profit of 249 million yuan for the first three quarters, representing a year-on-year growth of 28.89% [1] - The net cash flow from operating activities was 367 million yuan, marking a 5.8% year-on-year increase [1] Asset Impairment and Credit Losses - The company prudently recognized asset impairment and credit losses totaling 24.8868 million yuan, which will reduce the total profit for the first three quarters of 2025 by the same amount. This includes credit losses of 10.2632 million yuan and asset impairment losses of 14.6237 million yuan [1] Shareholder Reduction - Seven shareholders with a concerted action relationship, including Huadi Guangda and Qiandeng Huadi, reduced their holdings by a total of 2.1137 million shares between July 16 and October 15, accounting for 0.8762% of the company's total share capital, with an average reduction price ranging from 20.49 yuan to 22.53 yuan, amounting to approximately 45.34 million yuan. Post-reduction, their holdings decreased to 10.5176 million shares, representing 4.36% of the total, officially exiting the list of shareholders holding more than 5% [1]
朗坤科技：前三季度营收微增0.17%，减值计提2489万元