On August 26, the 2021 Shanghai Top 100 Enterprise Launch Conference was held in Shanghai, co-sponsored by the Shanghai Federation of Enterprises, the Shanghai Entrepreneurs Association, the Shanghai Federation of Economic Groups and the Liberation Daily News. Longcheer Technology by virtue of good operating income, strong comprehensive strength of enterprises and high industry influence ranked 74^th on the "2021 Shanghai Enterprise Top 100" list, achieving the sixth consecutive year on the list. In addition, Longcheer Technology also ranked 31^st on the list of "2021 Shanghai private enterprises 100".

It is reported that the "Shanghai Top 100 Enterprises" list since its first release in 2010, with its authority, impartiality and pragmatism, by the community's wide attention and affirmation, is currently one of Shanghai's most influential enterprise rankings, which not only assess the profitability of enterprises, but also attach importance to the development potential of enterprises. This year, the revenue of the top 100 enterprises reached nearly 7 trillion yuan, the threshold on the list rose to 5.96 billion yuan from 4.99 billion yuan last year. The growth rate of business income of the top 100 enterprises obviously exceeds the growth rate of the national GDP, which shows a positive trend of continuous improvement and steady development of the overall strength of the top 100 enterprises in Shanghai.

         Throughout 2020, the operating income of the top 100 private enterprises reached 2136.3 billion yuan, an increase of 9.67%. Net profits reached 151.4 billion yuan, which was basically the same as the previous year. Total assets reached 543.42 billion yuan, an increase of 12.96%. Compared with the general economic contraction of the world's major economies in 2020, the performance of the top 100 enterprises in Shanghai has achieved steady growth in business performance. It is worth mentioning that under the influence of the epidemic, Longcheer Technology has overcome unprecedented difficulties such as lower start time than normal years and poor global supply chain operation, and still achieved 63.26 percent revenue growth.   

   At present, Longcheer Technology's product line covers mobile phones, tablets, wearables, smart homes and AR/VR. Their core business of mobile phones and tablets continue to achieve scale growth, but also continue to invest and participate in AIoT industry product lines as they mature.

   In the future, Longcheer Technology will also increase their strategic focus in the field of 5G-AioT. With continued investment in software algorithms, automation equipment, key electronic components, precision mechanical parts, in order to accelerate the pace of product development and to meet the industry's demanding requirements.