On July 3, 2026, Longhua Technology revealed that its wholly-owned subsidiary, Fenglianke Optoelectronics, intends to collaborate with related parties—Li Bobo, Zhao Guangzheng, along with Professor Zhu Guisheng and Associate Professor Zhao Yunyun from Guilin University of Electronic Technology—to jointly invest 10 million yuan in establishing a joint venture focused on an electronic-grade barium titanate project. Specifically, Fenglianke Optoelectronics will contribute 3 million yuan, securing a 30% equity stake. The joint venture is strategically positioned to capitalize on growth opportunities within the global barium titanate market, foster independent production capabilities for high-end barium titanate powder, and address the domestic MLCC industry’s demand for essential core materials. This transaction has received approval from the board of directors and does not qualify as a significant asset restructuring.