Chang Jiang Shang Bao·2025-12-16 00:14Core Viewpoint - Longsheng Technology is intensifying its investment in the field of embodied intelligent robots, planning to invest 350 million yuan to establish an innovation center in Wuxi, focusing on the research and industrialization of humanoid robots [1][2]. Investment and Project Details - Longsheng Technology and its subsidiary, Longsheng Weirui, signed a cooperation agreement with the Wuxi Binhu District government to invest approximately 350 million yuan in the innovation center project [2]. - The project will involve an investment of about 200 million yuan from Longsheng Technology for land and construction, while Longsheng Weirui will invest around 150 million yuan for the center's operation [2]. - The center will be built on a new industrial land area of 5,166.6 square meters, with support from local government policies and resources [2]. Business Performance - Longsheng Technology has seen continuous growth in revenue and net profit over the past three years, with a net profit of 106 million yuan in Q3 2025, marking the first time it has exceeded 100 million yuan [1][4]. - The company reported revenues of 1.827 billion yuan and 2.397 billion yuan for 2023 and 2024, respectively, with year-on-year growth rates of 59.11% and 31.21% [4]. - In the first three quarters of 2025, the company achieved revenues of 1.81 billion yuan, a year-on-year increase of 10.13%, and a net profit of 210 million yuan, up 36.89% [4]. Stock Market Performance - Since the beginning of 2025, Longsheng Technology's stock price has doubled, rising from 23.76 yuan per share to 47.63 yuan per share, reflecting a growth of 100.46% [4]. Business Segmentation - As of the first half of 2025, the revenue composition of Longsheng Technology shows that 39.58% comes from new energy vehicle components, 36.82% from EGR valves, and 23.48% from precision automotive parts, with other businesses contributing only 0.12% [5].