Shenzhen Longsys Electronics (301308) investor relations material

Executive summary

• Revenue surged 136.26% year-over-year to ¥24.09 billion, with net profit attributable to shareholders up 71,528.66% to ¥10.58 billion, driven by AI and data center demand.

• Gross margin improved to 59.08%, with significant growth in both domestic and overseas markets, and robust expansion in enterprise and high-end consumer storage.

• R&D investment increased 91.02% year-over-year, supporting innovation in AI storage, automotive, and embedded products.

• The company completed the acquisition of the remaining 19% of Zilia, making it a wholly-owned subsidiary.

Financial highlights

• Operating income: ¥24.09 billion, up 136.26% year-over-year.

• Net profit attributable to shareholders: ¥10.58 billion, up 71,528.66% year-over-year.

• Gross margin: 59.08%, up 11.41 percentage points year-over-year.

• Basic EPS: ¥25.20, up from ¥0.04.

• Total assets: ¥42.88 billion, up 88.47% from year-end 2025.

• Net cash from operating activities: -¥3.15 billion, reflecting increased inventory and strategic procurement.

Outlook and guidance

• AI and data center demand expected to remain strong, with global semiconductor storage market projected to grow 249.5% in 2026 and further in 2027.

• Continued focus on high-end, enterprise, and automotive storage, with ongoing R&D and product innovation.

• Expansion in overseas markets, especially Latin America, and further integration of global supply chains.