Loongson Technology(SH:688047) Ju Chao Zi Xun·2025-12-01 11:54Core Viewpoint - Longxin Zhongke has won a defamation lawsuit against Shanghai Xinlianxin Intelligent Technology Co., Ltd., with the Beijing Fourth Intermediate People's Court upholding the original ruling that requires Shanghai Xinlianxin to issue a public apology and compensate Longxin Zhongke for economic losses [1][3]. Group 1: Legal Proceedings - Longxin Zhongke initiated a civil lawsuit against Shanghai Xinlianxin, seeking a clarification, apology, and compensation for economic losses due to false statements made by Shanghai Xinlianxin [3]. - The first-instance judgment by the Beijing Internet Court ordered Shanghai Xinlianxin to publish an apology on its website for ten consecutive days and to pay Longxin Zhongke 450,000 yuan in damages [3]. - The appeal by Shanghai Xinlianxin was rejected by the Beijing Fourth Intermediate People's Court, which confirmed the original court's findings and legal application [3]. Group 2: Company Position and Industry Context - Longxin Zhongke emphasized that the case is crucial for clarifying false statements and restoring its reputation, which is important for protecting the legitimate rights of the company and its partners [3]. - The company aims to foster a more regulated and orderly industry discourse environment and signals its commitment to legal rights protection and brand maintenance [3]. - The increase in defamation cases in the tech industry highlights the importance of judicial rulings in clarifying responsibilities and reinforcing compliance expectations, although litigation can incur time and resource costs [4]. Group 3: Financial Performance - For the first three quarters of 2025, Longxin Zhongke reported revenues of 351 million yuan and a net loss of 394 million yuan, indicating ongoing financial challenges [4]. - The company continues to invest in product research and ecosystem development while pursuing compliance and brand protection strategies [4]. - Future performance will depend on product competitiveness, ecosystem expansion, and market development progress, with investors advised to consider the actual impact of short-term litigation on the company's fundamentals [4].