Financial Performance - In the first half of 2025, the company achieved operating revenue of 272 million yuan and a net profit attributable to shareholders of 24.65 million yuan, with a basic earnings per share of 0.27 yuan [2] - The company's total assets reached 1.219 billion yuan, reflecting a year-on-year growth of 4.23% [2] - The company proposed a cash dividend of 1.00 yuan per 10 shares, amounting to 9.02 million yuan, which represents 36.60% of the net profit attributable to shareholders, indicating a significant increase in the dividend payout ratio [2] Business Development - The company focuses on eco-friendly and high-value-added products, including water-based printing pastes and automated printing equipment, serving well-known brands like Anta, Li Ning, Adidas, and Nike [3] - To capitalize on the growing demand for water-based printing materials, the company is expanding its production capacity, with plans to increase the annual production of eco-friendly water-based printing pastes to 27,750 tons [3] - The company is also investing in new silicon-based materials and smart printing equipment to create an integrated industrial base [3] Research and Development - The company increased its R&D expenditure to 14.92 million yuan in the first half of 2025, representing a year-on-year growth of 8.58% and accounting for 5.48% of operating revenue [4] - The company holds 41 invention patents and 7 utility model patents, and has been recognized with several awards for its innovative products [4] - Future plans include focusing on the industrial application of digital pastes and functional pastes, while continuing to strengthen the sales network for sustainable high-quality growth [4]

Group 1 - The company reported a revenue of 272 million yuan and a net profit attributable to shareholders of 24.65 million yuan for the first half of 2025, with a basic earnings per share of 0.27 yuan [1] - The silicone material business achieved a revenue of 40.75 million yuan, representing a year-on-year growth of 145.39%, providing new growth momentum for the company [1] - The company plans to distribute a cash dividend of 1.00 yuan per 10 shares, amounting to approximately 9.02 million yuan, which accounts for 36.60% of the net profit attributable to shareholders, indicating a significant increase in the dividend payout ratio [1] Group 2 - The company focuses on eco-friendly and sustainable printing solutions, including water-based printing pastes and automated printing equipment, serving well-known brands such as Nike, Adidas, and Disney [2] - To capitalize on the growing demand for water-based printing materials, the company is expanding its production capacity, with plans to increase the annual production of eco-friendly water-based printing pastes to 27.75 thousand tons [2] - The company is investing in new projects for silicone materials and intelligent printing equipment, aiming to create an integrated industrial base for advanced materials and smart manufacturing [2] Group 3 - The company increased its R&D expenditure to 14.92 million yuan in the first half of 2025, representing a year-on-year growth of 8.58%, which is 5.48% of its revenue [3] - The company has obtained 41 invention patents and 7 utility model patents, and has been involved in the formulation of various national and industry standards, enhancing its technological competitiveness [3] - The company aims to continue focusing on printing materials and equipment, enhancing its sales network, and achieving sustainable high-quality development through innovation and market expansion [3]

Core Viewpoint - Long联科技 reported strong financial performance in the first half of 2025, with a focus on investor returns through dividend distribution and continued investment in R&D and capacity expansion in the environmentally friendly printing materials market [1][2][3] Financial Performance - In the first half of 2025, Long联科技 achieved operating revenue of 272 million yuan and a net profit attributable to shareholders of 24.65 million yuan, with a basic earnings per share of 0.27 yuan [1] - The company plans to distribute a cash dividend of 1.00 yuan per 10 shares, amounting to approximately 9.02 million yuan, which represents 36.60% of the net profit attributable to shareholders [1] Market Position and Strategy - Long联科技 is a professional provider of textile and apparel printing solutions, focusing on eco-friendly water-based printing materials and automation equipment, serving well-known brands like Nike, Adidas, and Disney [1][2] - The company is expanding its production capacity for water-based printing materials, with total assets reaching 1.219 billion yuan, a year-on-year increase of 4.23% [2] R&D and Innovation - R&D expenses for the first half of 2025 amounted to 14.92 million yuan, representing 5.48% of operating revenue, with a year-on-year increase of 8.58% [3] - The company holds 41 invention patents and 7 utility model patents, and has been involved in setting national and industry standards, enhancing its technological competitiveness [3] Future Outlook - Long联科技 aims to continue focusing on printing materials and equipment, enhancing its sales network, and exploring new product development in digital and functional printing materials [3]

Group 1 - The core viewpoint of the article highlights the financial performance of Changlian Technology, which reported a revenue of 553 million yuan for 2024, marking a year-on-year growth of 4.38%, and a net profit attributable to shareholders of 70.03 million yuan [1] - The overseas market contributed 116 million yuan in revenue, reflecting a significant year-on-year increase of 21.06%, indicating strong growth potential in international markets [1] - Changlian Technology's main products include water-based printing paste, water-based resin, and silicone for screen printing, primarily used in the textile printing sector, with notable applications in well-known brands such as Adidas, Nike, and Disney [1] Group 2 - The company has developed several core technologies, including new emulsion polymerization technology and bio-based water-based materials technology, with most technologies in mass production, enhancing competitiveness in the eco-friendly materials sector [2] - Changlian Technology has established a joint laboratory with SHEIN to collaboratively develop products, providing comprehensive solutions from materials to manufacturing to meet the fast-paced and personalized demands of consumers [2] - The company aims to continue product innovation and accelerate the development of new products to cater to the differentiated and personalized needs of downstream clients while expanding both domestic and international markets [2]

本次股票发行后拟在创业板市场上市，该市场具有较高的投资风险。创业板 公司具有创新投入大、新旧产业融合成功与否存在不确定性、尚处于成长期、 经营风险高、业绩不稳定、退市风险高等特点，投资者面临较大的市场风险。 投资者应充分了解创业板市场的投资风险及本公司所披露的风险因素，审慎 东莞长联新材料科技股份有限公司 Dongguan Changlian New Materials Technology Co.,Ltd. （住所：广东省东莞市寮步镇石大路寮步段 733 号 1 栋） 招股说明书 （上会稿） 本公司的发行申请尚需经深圳证券交易所和中国证监会履行相应程序。本 保荐机构（主承销商） （住所：广东省东莞市莞城区可园南路一号） 首次公开发行股票并在创业板上市 招股说明书不具有据以发行股票的法律效力，仅供预先披露之用。投资者应当 以正式公告的招股说明书作为投资决定的依据。 东莞长联新材料科技股份有限公司 招股说明书（上会稿） 声明 中国证监会、交易所对本次发行所作的任何决定或意见，均不表明其对发行 人注册申请文件及所披露信息的真实性、准确性、完整性作出保证，也不表明其 对发行人的盈利能力、投资价值或者对投资者的收益作 ...

本次股票发行后拟在创业板市场上市，该市场具有较高的投资风险。创业板 公司具有创新投入大、新旧产业融合成功与否存在不确定性、尚处于成长期、 经营风险高、业绩不稳定、退市风险高等特点，投资者面临较大的市场风险。 投资者应充分了解创业板市场的投资风险及本公司所披露的风险因素，审慎 东莞长联新材料科技股份有限公司 Dongguan Changlian New Materials Technology Co.,Ltd. （住所：广东省东莞市寮步镇石大路寮步段 733 号 1 栋） 招股说明书 （申报稿） 本公司的发行申请尚需经深圳证券交易所和中国证监会履行相应程序。本 保荐机构（主承销商） （住所：广东省东莞市莞城区可园南路一号） 作出投资决定。 招股说明书不具有据以发行股票的法律效力，仅供预先披露之用。投资者应当 以正式公告的招股说明书作为投资决定的依据。 东莞长联新材料科技股份有限公司 招股说明书（申报稿） 声明 中国证监会、交易所对本次发行所作的任何决定或意见，均不表明其对发行 人注册申请文件及所披露信息的真实性、准确性、完整性作出保证，也不表明其 对发行人的盈利能力、投资价值或者对投资者的收益作出实质性判断或保 ...

东莞长联新材料科技股份有限公司 Dongguan Changlian New Materials Technology Co.,Ltd. （住所：广东省东莞市寮步镇石大路寮步段 733 号 1 栋） 招股说明书 （申报稿） 本公司的发行申请尚需经深圳证券交易所和中国证监会履行相应程序。本 保荐机构（主承销商） （住所：广东省东莞市莞城区可园南路一号） 作出投资决定。 本次股票发行后拟在创业板市场上市，该市场具有较高的投资风险。创业板 公司具有创新投入大、新旧产业融合成功与否存在不确定性、尚处于成长期、 经营风险高、业绩不稳定、退市风险高等特点，投资者面临较大的市场风险。 投资者应充分了解创业板市场的投资风险及本公司所披露的风险因素，审慎 首次公开发行股票并在创业板上市 招股说明书不具有据以发行股票的法律效力，仅供预先披露之用。投资者应当 以正式公告的招股说明书作为投资决定的依据。 东莞长联新材料科技股份有限公司 招股说明书（申报稿） 声明 中国证监会、交易所对本次发行所作的任何决定或意见，均不表明其对发行 人注册申请文件及所披露信息的真实性、准确性、完整性作出保证，也不表明其 对发行人的盈利能力、投资价值或者 ...

本次股票发行后拟在创业板市场上市，该市场具有较高的投资风险。创业板 公司具有创新投入大、新旧产业融合成功与否存在不确定性、尚处于成长期、 经营风险高、业绩不稳定、退市风险高等特点，投资者面临较大的市场风险。 投资者应充分了解创业板市场的投资风险及本公司所披露的风险因素，审慎 东莞长联新材料科技股份有限公司 Dongguan Changlian New Materials Technology Co.,Ltd. （住所：广东省东莞市寮步镇石大路寮步段 733 号 1 栋） 招股说明书 （申报稿） 本公司的发行申请尚需经深圳证券交易所和中国证监会履行相应程序。本 保荐机构（主承销商） （住所：广东省东莞市莞城区可园南路一号） 作出投资决定。 首次公开发行股票并在创业板上市 招股说明书不具有据以发行股票的法律效力，仅供预先披露之用。投资者应当 以正式公告的招股说明书作为投资决定的依据。 东莞长联新材料科技股份有限公司 招股说明书（申报稿） 声明 中国证监会、交易所对本次发行所作的任何决定或意见，均不表明其对发行 人注册申请文件及所披露信息的真实性、准确性、完整性作出保证，也不表明其 对发行人的盈利能力、投资价值或者 ...

东莞长联新材料科技股份有限公司 Dongguan Changlian New Materials Technology Co.,Ltd. （住所：广东省东莞市寮步镇石大路寮步段 733 号 1 栋） 没啥本次股票发行后拟在创业板市场上市，该市场具有较高的投资风险。创 业板公司具有创新投入大、新旧产业融合成功与否存在不确定性、尚处于成 长期、经营风险高、业绩不稳定、退市风险高等特点，投资者面临较大的市 场风险。投资者应充分了解创业板市场的投资风险及本公司所披露的风险因 素，审慎作出投资决定。 （申报稿） 本公司的发行申请尚需经深圳证券交易所和中国证监会履行相应程序。本 招股说明书不具有据以发行股票的法律效力，仅供预先披露之用。投资者应当 保荐机构（主承销商） （住所：广东省东莞市莞城区可园南路一号） 首次公开发行股票并在创业板上市 招股说明书 以正式公告的招股说明书作为投资决定的依据。 东莞长联新材料科技股份有限公司 招股说明书（申报稿） 声明 中国证监会、交易所对本次发行所作的任何决定或意见，均不表明其对发行 人注册申请文件及所披露信息的真实性、准确性、完整性作出保证，也不表明其 对发行人的盈利能力、投资价值 ...