Longcheer Technology: Net Profit Attributable to Parent Company in Q1 Reaches RMB 15.4087 Million, Down 90% Year-on-Year

Longcheer Technology released its performance report for the first quarter of 2026: operating income reached RMB 7.564 billion, a year-on-year decrease of 19.35%; net profit attributable to shareholders of the listed company was RMB 15.4087 million, a year-on-year decrease of 90%; basic earnings per share were RMB 0.03. According to the report, the company was impacted by weak demand for consumer electronics terminals during the reporting period, leading to a decline in operating income. Meanwhile, increased investment in new businesses such as AI PCs and automotive electronics drove up costs and expenses, and the company was also adversely affected by fluctuations in the US dollar exchange rate, which resulted in higher financial expenses.