Zhejiang Longsheng Gets Regulatory Nod for Bond Issue of Up to 3 Billion Yuan

Zhejiang Longsheng Gets Regulatory Nod for Bond Issue of Up to 3 Billion Yuan

Sunwave Communications Co.Ltd Reports Earnings Results for the Nine Months Ended September 30, 2025

Sunwave Communications Co.Ltd reported earnings for the nine months ended September 30, 2025, with sales of CNY 7,252.06 million, down from CNY 8,521.24 million the previous year. The company achieved a net income of CNY 2.87 million, recovering from a net loss of CNY 24.63 million a year ago. Basic and diluted earnings per share from continuing operations were both CNY 0.0035, compared to losses of CNY 0.0306 in the prior year.

Zhejiang Longsheng: The company indirectly invested approximately 420 million RMB in 2021 and currently holds about 0.62% equity in Unisoc

Zhejiang Longsheng provides a guarantee of 550 million yuan for its wholly-owned subsidiary Zhejiang Hongsheng

Zhejiang Longsheng Group provides a guarantee of 550 million yuan to its wholly-owned subsidiary Zhejiang Hongsheng Chemical, signing a contract with the Shaoxing branch of Hangzhou Bank. This guarantee has no counter-guarantee and is within the total guarantee limit for the year 2025. The announcement shows that the actual guarantee balance for Zhejiang Hongsheng is 1,610.247 million yuan, with an available guarantee limit of 2,339.753 million yuan. The total external guarantee balance of the company is 8,012.5783 million yuan, accounting for 23.37% of the net assets attributable to the parent company at the end of 2024. The board of directors believes that the risk of this guarantee is controllable and meets the operational needs of the subsidiary

Zhejiang Longsheng released its performance for the first half of the year, with a net profit attributable to the parent company of 928 million yuan, a year-on-year increase of 2.84%

According to the Zhitong Finance APP, Zhejiang Longsheng released its semi-annual report for 2025. During the reporting period, the company achieved operating revenue of 6.505 billion yuan, a year-on-year decrease of 6.47%. The net profit attributable to shareholders of the listed company was 928 million yuan, a year-on-year increase of 2.84%. The net profit attributable to shareholders of the listed company after deducting non-recurring gains and losses was 583 million yuan, a year-on-year decrease of 9.54%. The basic earnings per share were 0.2852 yuan