LONGCHEER Technology reported 2025 revenue of RMB42.12 billion, down 9.2% year-on-year, but lifted gross profit 32.7% to RMB3.59 billion as gross margin improved to 8.5%. Net profit attributable to shareholders increased 16.8% to RMB585.12 million, translating into basic/diluted EPS of RMB1.27.
Smartphone sales contributed RMB28.93 billion, a 19.9% decline amid shipment contraction to 152 million units. Tablets brought in RMB4.15 billion, up 12.3%, while AIoT and other products surged 41.2% to RMB7.87 billion. The company highlighted breakthroughs in SiP modules, AI PCs and smart eyewear as new growth drivers.
Operating cash inflow reached RMB1.14 billion; capital expenditures totalled RMB982.0 million, mainly for manufacturing upgrades and R&D facilities. Year-end cash and bank balances stood at RMB5.42 billion against interest-bearing borrowings of RMB4.22 billion, yielding a 72% gearing ratio.
The Board recommends a final dividend of RMB5 per 10 shares (RMB0.50 per share), amounting to approximately RMB260.68 million, subject to approval at the upcoming AGM, with payment targeted within two months after the meeting.
LONGCHEER completed its Hong Kong H-share listing on 22 January 2026, raising net proceeds of about HK$1.52 billion; funds are earmarked for capacity expansion and working capital. The company confirmed full deployment of its RMB1.44 billion A-share IPO proceeds by year-end 2025.
All manufacturing bases and operating sites attained ISO 50001 and ISO 14001 certifications during the year, contributing to an AA Wind ESG Rating, ranked first among 129 domestic peers.
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