---
title: "2 consecutive trading limits LongRuan Technologies: Some products have achieved DeepSeek access and application but have not yet generated performance revenue"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/227871087.md"
description: "LongRuan Technologies announced that due to the stock price increasing more than 30% for two consecutive days, it constitutes abnormal fluctuation. Some of the company's products have been integrated with DeepSeek, but they are still in the research and development stage and have not generated revenue. The business development and performance contribution have no substantial impact. The company does not hold equity in DeepSeek's parent company and has no business cooperation with it"
datetime: "2025-02-11T10:15:03.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/227871087.md)
  - [en](https://longbridge.com/en/news/227871087.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/227871087.md)
generator: "portal-rs"
---

# 2 consecutive trading limits LongRuan Technologies: Some products have achieved DeepSeek access and application but have not yet generated performance revenue

According to the announcement from LongRuan Technologies (688078.SH), the closing price deviation of the company's stock trading has accumulated to over 30% within two consecutive trading days (February 10 and February 11, 2025). This situation falls under the category of abnormal stock trading fluctuations as per the relevant regulations of the "Shanghai Stock Exchange Trading Rules" and the "Shanghai Stock Exchange Sci-Tech Innovation Board Stock Abnormal Trading Real-Time Monitoring Guidelines."

Recently, the DeepSeek concept market has garnered significant attention. The company clarifies the following regarding related matters: DeepSeek is an open-source large language model that any user can utilize for training work, thereby enabling personalized development or model optimization to meet specific needs in diverse scenarios. Although the company has integrated and applied DeepSeek in some products, it is still in the research and development stage and has not yet generated revenue. Currently, the company's business operations and performance contributions are not materially affected.

Upon verification, as of the date of this announcement, the company does not directly or indirectly hold equity in Hangzhou DeepSeek Artificial Intelligence Basic Technology Research Co., Ltd. (DeepSeek is a large model under Hangzhou DeepSeek Artificial Intelligence Basic Technology Research Co., Ltd.), and there is no business cooperation between the company and Hangzhou DeepSeek Artificial Intelligence Basic Technology Research Co., Ltd

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---
> **Disclaimer: This article is for reference only and does not constitute any investment advice.**