Longke Intelligent plans to use its own funds of 36.75 million yuan to acquire a 35% equity stake in Guangdong Langgu Technology Co., Ltd. After the transaction, its shareholding will increase from 25% to 60%, making Langgu Technology a controlled subsidiary and bringing it into the consolidated financial statements. According to the appraisal report, the total equity value of Langgu Technology's shareholders is 119 million yuan, an increase of 78.21 million yuan over the book value of 40.79 million yuan, representing an appreciation rate of 191.74%. In the first quarter of 2026, Longke Intelligent achieved revenue of 375 million yuan, with a net loss attributable to the parent company of 8.27 million yuan.
Shenzhen Longood Intelligent Electric Co Ltd Class AAcquiring control of Langgu Technology at a 191.74% premium, consolidating it as a subsidiary.
Being acquired at a valuation of 119 million yuan, representing a significant premium over book value.