On May 12th, Longyang Electronics organized a focused research event that drew participation from a number of esteemed institutions, including PYAMC, Cinda Securities, China Merchants Securities, and Sinolink Securities. During this event, senior company officials, notably Chairman Fu Qingxuan and Board Secretary Jin Weiqin, engaged in in-depth discussions with investors. The topics covered included the company's performance in the first quarter of 2026, the progress of HVLP5 copper foil validation, and the ongoing construction of the new factory in Huai'an.
In the first quarter, Longyang Electronics reported a revenue of 167 million yuan, marking a significant year-on-year increase of 127.3%. However, the net profit attributable to shareholders experienced a year-on-year decrease of 12.2%, amounting to 26.92 million yuan. Regarding the HVLP5 copper foil, samples have been dispatched to customers for validation purposes, although bulk orders have yet to be secured. Looking ahead, the second phase of the Huai'an AI High-Speed Electronic Copper Foil project is slated to commence production in the latter half of 2027.
