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) surged more than 16% in the morning session. As of the time of writing, the stock price was up 15.79%, trading at HK$3.08. Turnover was HK$81.3778 million.

China Longgong announced its 2025 performance, achieving revenue of approximately RMB 11.215 billion, up 9.81%; profit attributable to owners of the parent company of approximately RMB 1.3 billion, up 27.7%; and a final dividend of HK$0.20 per share. The revenue growth was mainly due to strong performance across multiple product lines and successful expansion into overseas markets. The increase in net profit was mainly driven by steady growth in domestic and international sales, with particular emphasis on the further visible contribution of export business to profitability; ongoing development of new products, with high-value-added products becoming the main driver of profit growth; and significant results from work on improving quality, controlling costs, and increasing efficiency, which further enhanced the company’s overall gross margin on products.

(Editor: Wang Zhiqiang HF013)

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