Shanghai Longcheer Technology Co., Ltd.

Longcheer Technology announced on the evening of August 13 that it will acquire an 80% stake in Suzhou Anruike Information Technology Co., Ltd. for a total of 1.12 billion yuan. After the transaction is completed, Anruike will become a controlled subsidiary of the company and be included in its consolidated financial statements. Anruike is a supplier of data center infrastructure products and solutions, with core products including server racks, power distribution units, busways, and low-voltage power distribution equipment. The transaction includes a three-year performance commitment, under which Anruike promises net profit of no less than 130 million yuan, 160 million yuan, and 190 million yuan for 2026, 2027, and 2028 respectively, with a cumulative total of no less than 480 million yuan over the three years. Longcheer Technology expects the transaction to result in approximately 900 million yuan of goodwill. If Anruike's net profit falls short of the assessed forecast, goodwill impairment will directly affect the company's current-period profit. In the first quarter, Longcheer Technology reported revenue of 7.564 billion yuan, down 19.35% year on year, and net profit attributable to the parent company of 15.4087 million yuan, down 90% year on year.

On the evening of August 13, multiple listed companies on the Shanghai and Shenzhen stock exchanges released important announcements. Unitree Technology's online investors abandoned subscription for 8,734 shares, which were fully underwritten by the sponsor. Honghe Technology terminated its investment in a project to produce 72 million meters of high-performance electronic-grade fiberglass cloth annually, while also disclosing that first-half net profit grew 334.32% year on year. Longcheer Technology plans to acquire 80% equity in Anruike for 1.12 billion yuan. Bohai Chemical plans to acquire 51% to 80% of shares in Gerui New Materials to enter the modified plastics sector. Joyson Electronics' controlling subsidiary plans to introduce a total capital increase of 1.5 billion yuan from Xingyin Investment and Zhongyou Investment. SMIC reported second-quarter sales revenue of 3 billion US dollars, up 20% quarter on quarter. Hygon Information Technology posted first-half net profit of 1.798 billion yuan, up 49.69% year on year. China Mobile reported first-half net profit of 78.934 billion yuan, down 6.3% year on year, and plans to distribute 25.1 yuan per 10 shares. G-bits Network Technology saw first-half net profit rise 69.31% year on year and plans to distribute 100 yuan per 10 shares. Xiechuang Data Technology's preliminary results showed first-half net profit of 1.863 billion yuan, up 331.11% year on year. Gao Neng Environment and its subsidiary jointly secured a 500 million yuan solid waste treatment project in Vietnam. Jifeng Auto Parts received a nomination for a passenger car seat assembly project, with an estimated total life-cycle value of 2.12 billion yuan.

A number of A-share companies have released earnings, buybacks, contracts, mergers and acquisitions, and other major matters. Jianyuan Trust's net profit for the first half of the year rose 2559.08 percent year on year. G-bits plans to distribute 100 yuan per 10 shares. SMIC's second-quarter sales revenue was 3 billion US dollars, up 20 percent quarter on quarter. China Mobile's profit attributable to shareholders in the first half was 78.9 billion yuan, down 6.3 percent year on year. Jifeng Auto Parts has been awarded a passenger car seat assembly project, with an estimated total life-cycle value of 2.12 billion yuan. Longcheer Technology plans to acquire 80 percent of Anruike for 1.12 billion yuan, entering the data center infrastructure sector.

Longcheer Technology announced that it recently received the Acceptance of Registration Notice from the National Association of Financial Market Institutional Investors. NAFMII has decided to accept the company's registration of debt financing instruments, with a registered amount of 3 billion yuan. The registration quota is valid for two years from the date of the notice, and Industrial Bank serves as the lead underwriter. During the registration validity period, the company may issue ultra-short-term commercial paper, short-term commercial paper, medium-term notes, and perpetual notes in tranches. For each issuance, factors such as the lead underwriter, product type, issuance size, and tenor shall be determined.

Longcheer Technology announced that as of July 31, 2026, the company had repurchased a total of 2.3751 million shares through centralized competitive bidding, accounting for 0.45% of its total share capital. The highest repurchase price was 40.80 yuan per share, the lowest was 35.68 yuan per share, and the total amount paid was 90.0795 million yuan. The company previously held a board meeting on April 28, 2026, and approved a repurchase plan to buy back shares through centralized competitive bidding for use in employee stock ownership plans or equity incentives. The original repurchase price cap was 57.72 yuan per share, with the total repurchase amount set at no less than 250 million yuan and no more than 500 million yuan, over a 12-month period. Due to the implementation of the 2025 annual equity distribution, the repurchase price cap was adjusted to 57.22 yuan per share starting June 4, 2026.

Longcheer Technology announced its first buyback of 500,000 shares, representing 0.10 percent of total share capital, for a total amount of 20 million yuan, at a price range of 39.5 to 40.8 yuan per share. In the first quarter of 2026, the company achieved revenue of 7.564 billion yuan and net profit attributable to the parent company of 15.41 million yuan.