China Longgong stock rises over 16% in early trading; net profit last year was approximately 1.3 billion yuan, a year-on-year increase of 27.70%

China Longgong (03339) rose over 16% in early trading, and as of this writing, the stock price increased by 15.79%, currently reported at HKD 3.08, with a transaction volume of HKD 81.3778 million.

China Longgong announced its 2025 performance, achieving revenue of approximately 11.215 billion yuan, a year-on-year increase of 9.81%; net profit attributable to parent company owners was about 1.3 billion yuan, a year-on-year increase of 27.7%; the final dividend is HKD 0.20 per share. The revenue growth is mainly due to strong performance in multiple product lines and successful expansion into overseas markets. The increase in net profit is primarily attributed to steady growth in domestic and international sales, especially the significant contribution of export business to profitability; continuous development of new products, with high value-added new products becoming the main driver of profit growth; and significant results from efforts to improve quality, control costs, and enhance efficiency, leading to further improvements in overall gross profit margin.

(Editors: Wang Zhiqiang HF013)

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