Longpan Technology Releases Performance Forecast

Longpan Technology released its full-year performance forecast, and the company expects to reduce losses from January to December 2024, with net profit attributable to shareholders of listed companies ranging from -697 million to -595 million, and net profit growth of 43.49% to 51.78% year-on-year. Although the company has taken measures to reduce losses by adhering to the product differentiation development strategy, actively seeking overseas opportunities, and implementing the concept of cost reduction and efficiency improvement, it is still difficult to reverse the situation in the short term, resulting in the company's 2024 annual performance expected to be a loss.