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Longxun Co., Ltd. (688486.SH) acquired state-owned land use rights for 50.2815 million yuan.
On March 10, Gelonghui reported that Longxun Co., Ltd. (688486.SH) announced that it recently acquired the state-owned land use rights for the plot numbered JK202501 through an auction for 50.2815 million yuan from the Hefei Natural Resources and Planning Bureau, and signed the "State-owned Construction Land Use Rights Transfer Contract" (referred to as "Transfer Contract"). Acquiring the land use rights for the above plot is a prerequisite for the company’s investment in the construction of the Longxun Co., Ltd. Innovation (R&D) base project. The implementation of this project aligns with the company's Global Strategy development plan and is beneficial for fully utilizing Hefei Economic and Technological Development Zone.
Longxun Co., Ltd.: 2024 Annual Report of Longxun Co., Ltd.
Longxun Co., Ltd.: Summary of the 2024 annual report of Longxun Co., Ltd.
Summary of the 2024 annual report of Longxun Co., Ltd.
2024 Annual Report of Longxun Co., Ltd.
Longxun Co., Ltd. expects revenue and net profit to increase by more than 40% in 2024, with Q4 performance reaching a new high. However, pressure from technological iterations has caused delays in the construction of fundraising projects.
① The Earnings Reports released by Longxun Co., Ltd. for the fiscal year 2024 show that revenue reached 0.466 billion yuan, an increase of 44.21% year-on-year, and the Net income attributable to the parent company grew by 40.62% year-on-year, with Q4 revenue and Net income both hitting record highs; ② Due to the rapid iteration of technology in the industry, customer demand and market competition are also constantly evolving, Longxun Co., Ltd. announced on the same day as the annual report disclosure that the construction of some of its initial public offering fundraising projects will be delayed.
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