Economic Observation Network Longzhu Technology has recently made significant developments in private placement authorization, performance disclosure, technological breakthroughs, and financing transactions.
Private Placement Stocks
On March 27, 2026, Longzhu Technology held the 28th meeting of its fourth board of directors and approved the proposal to request the shareholders' meeting to authorize the board of directors to issue stocks to specific targets through simplified procedures. The total amount of funds to be raised for the private placement shall not exceed 100 million yuan and shall not exceed 20% of the company's net assets at the end of the most recent year. The issuance quantity shall not exceed 30% of the total share capital before issuance. This move aims to support the company's strategic upgrade and requires approval from the subsequent shareholders' meeting. It is a landmark case after the implementation of the Beijing Stock Exchange's refinancing optimization measures ?

Performance and business situation
On the evening of March 27, 2026, Longzhu Technology released its 2025 annual report, which showed a revenue of 375 million yuan, a year-on-year increase of 17.29%; The net profit attributable to the parent company was 24.5931 million yuan, a year-on-year increase of 50.54%; The net profit attributable to non parent companies increased by 102.18%. The performance growth is mainly due to a significant year-on-year increase of 178.85% in cross-border e-commerce business and an increase in gross profit margin ?

Product Development Progress
On February 5, 2026, the high proportion bamboo based tiltrotor unmanned aerial vehicle jointly developed by Longzhu Technology successfully made its maiden flight. The application proportion of bamboo based composite materials exceeded 25%, marking a breakthrough for the company in the high-end manufacturing field of "replacing plastic with bamboo". This progress was further disclosed through an announcement on March 30, 2026, highlighting the construction of a technological moat ?

Fund Flow
As of March 31, 2026, Longzhu Technology's financing balance was 21.4432 million yuan, with a financing purchase of 1.3117 million yuan on the same day. In addition, on March 25, 2026, a bulk transaction occurred with a transaction amount of 660000 yuan and a premium rate of -32.86% ?

The above content is based on publicly available information and does not constitute investment advice.