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Longpan Technology announced that it is expected to achieve net profit attributable to shareholders of listed companies for the first half year of 2026 of 373 million yuan to 448 million yuan, which will turn a loss into a profit compared with the same period last year. During the reporting period, the company's overall performance turned a loss into a profit compared to the same period last year. Benefiting from the development of power batteries and energy storage batteries, the company's lithium iron phosphate business was affected by upstream and downstream demand in the industry. Revenue and sales increased to varying degrees, reflected economies of scale, and profitability recovered.
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Longpan Technology announced that it is expected to achieve net profit attributable to shareholders of listed companies for the first half year of 2026 of 373 million yuan to 448 million yuan, which will turn a loss into a profit compared with the same period last year. During the reporting period, the company's overall performance turned a loss into a profit compared to the same period last year. Benefiting from the development of power batteries and energy storage batteries, the company's lithium iron phosphate business was affected by upstream and downstream demand in the industry. Revenue and sales increased to varying degrees, reflected economies of scale, and profitability recovered.
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