Longshine Technology
Longshine Technology is a China-founded energy technology company providing digital products and solutions for energy businesses, public utilities, and related services.
Last updated October 7, 2026
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Overview
Longshine Technology (朗新科技) is a Chinese energy technology company whose official website describes it as an AI-driven energy technology enterprise. It was founded in 1996 in Beijing as Beijing Longshine Electronic Technology Development Co., Ltd., initially providing application software and systems integration for the telecommunications industry. Over time, the company expanded into electricity and utility-related software, and its present public-facing portfolio centers on energy digitalization, energy internet services, and selected innovation businesses. Its energy digitalization offerings include electricity marketing management, metering and data acquisition, customer service, production and maintenance management, operational monitoring, technology platforms, and integrated energy management. Its energy internet portfolio includes services and solutions for charging, virtual power plants, zero-carbon parks, transport-energy integration, photovoltaic operations, carbon management, and household utility payments. The company also presents internet television and digital-city solutions as innovation businesses, and maintains an overseas energy business offering. The company's website reports 5.4 hundred million public-life users, 14,000 government and enterprise customers, and operations across 18 overseas countries and regions. These are company-reported figures. Its development reflects a transition from telecom applications and systems integration toward electricity-sector software, utility services, and broader energy technology. The official timeline notes early investments and corporate-name changes, a focus on electricity and energy, the creation of related businesses, and expansion of internet-based utility payment services. The company identifies its current headquarters in Wuxi, Jiangsu, and lists the legal company name as 朗新科技集团股份有限公司. Its stated aim is to use AI technology to make energy services and operations more efficient, accessible, and green. The evidence supplied does not identify a current controlling owner or executive leadership team.
History
Longshine Technology began in 1996, when Xu Changjun, Zheng Xinbiao, Yang Miaoren, Huang Lizhou, and Wei Xiangdong founded Beijing Longshine Electronic Technology Development Co., Ltd. in Beijing. The company initially worked in telecommunications application software and systems integration. In 1997, it received strategic investment from Shida Group and became Beijing Shida Longshine Information Technology Co., Ltd. The company also established a Hangzhou subsidiary, entered the Zhejiang telecommunications market, and began extending its work into electricity. Its early strategy was described as industry-oriented, application-based, integrated solutions. In 1999, the founding team bought back Shida Group's shares, and the company was recognized as a high-tech enterprise by the Beijing Municipal Science and Technology Commission. In 2000, Goldman Sachs and Intel were among the investors cited by the company; Shida Group exited, and the business was renamed Beijing Longshine Information Systems Co., Ltd. The company described this as a move toward independent operations, with work across telecommunications, electricity, and e-commerce. During the early 2000s, Longshine expanded its telecommunications systems work and developed its electricity business. In 2001, it acquired Shenzhen Yunhai Huayun, which had experience in China Unicom-related business, and implemented an electricity marketing system across Zhejiang province. In 2002, following changes in China's power sector, it expanded from electricity marketing into customer-service systems for power-grid companies. In 2003, it established Hangzhou Longshine Information Technology Co., Ltd. to focus on software and solutions for electricity customers. The company states that its telecommunications billing products expanded significantly during this period. In 2005, Amdocs invested in Longshine. That year, Longshine implemented what its history describes as China's first province-wide centralized electricity marketing business-processing system, in Shanxi. The company subsequently participated in State Grid marketing informatization work and projects associated with smart-grid development. In 2008, its core team founded EasyTouch to explore internet television, while Longshine also worked with China Mobile on services connected with the Beijing Olympics. In 2010, the company says it focused its business on the electric-power and energy field and implemented a large-scale billing and customer-service system for Shandong Electric Power Group. In 2011, it describes a strategic transformation toward concentrating on electricity and serving the smart-grid and new-energy era. In 2012, Longshine established a base in Wuxi and began what it called a second start-up, while initiating an A-share listing plan. In 2013, it pursued an industrial-internet strategy and worked with Alipay on internet-enabled payments for water, electricity, gas, and other household services. Ant Financial invested in the company in 2014, and the company describes expanding overseas through technology exports and local partners. In 2015, Longshine and Ant Financial jointly established Bangdao Technology; Longshine also worked with Huawei on an overseas advanced metering infrastructure project. In 2016, it introduced a strategy based on cloud, big data, Internet of Things, and mobile technologies, alongside industrial internet. The current company website presents Longshine as an AI-driven energy technology company and lists energy digitalization, energy internet, and innovation businesses among its offerings.
- 2016
Cloud, big-data, IoT, and industrial-internet strategy
- 2015
Bangdao Technology established
- 2014
Ant Financial investment and overseas expansion
- 2013
Internet-enabled utility payments
- 2012
Wuxi base and A-share listing plan
- 2011
Strategic transformation toward electricity
- 2010
Business focus shifted to electric power and energy
- 2008
EasyTouch founded
- 2005
Amdocs investment and Shanxi system project
- 2003
Hangzhou electricity-software subsidiary established
Products and positioning
An AI-driven energy technology company focused on making energy services and operations more efficient, accessible, and green, with software and solutions spanning utilities, energy internet services, and digital transformation.
Energy digitalization solutions
Solutions covering electricity marketing, metering and data acquisition, customer service, production and maintenance, operational monitoring, and integrated energy management.
Energy internet solutions
Offerings include charging, virtual power plants, zero-carbon parks, transport-energy integration, photovoltaic cloud services, and household utility payments.
Digital city
A digital-city approach combining a city super-app, a city operations management center, and the LUNAR OS digital-city operating system.
New Diantu (新电途)
A charging-service offering presented by the company as making charging simpler and operations more efficient.
Recent events
Longshine Technology releases 2026 half-year report with net loss[5]
Reported:
Longshine Technology Group (300682.SZ) released its 2026 half-year report on August 16, 2026, reporting revenue of 1.482 billion yuan, down 3.89% year on year, and a net loss attributable to shareholders of 180 million yuan. The company attributed the loss to wide price swings in regional electricity markets amid rapid growth of its power trading business, and to the seasonal pattern of its energy digitalization business, whose profit is mainly realized in the fourth quarter.
Longshine Technology launches "Jiugong Sinan" AI power trading agent[5]
Reported:
Longshine Technology launched "Jiugong Sinan" in June 2026, an AI trading assistant for power trading practitioners. The product aggregates electricity market data from provinces across China and combines Longshine's business experience and trading strategies from deep participation in markets in more than 20 provinces, with over 50 in-house professional traders continuously training the agent's knowledge through daily practical use.
Langxin launches CityTree and LUNAR OS[6]
Reported:
At the 2021 New Smart City Construction and Development Summit, Langxin Technology's subsidiary Langxin Data announced its digital-city strategic brand CityTree and digital-city operating system LUNAR OS.
Langxin launches CityTree digital-city brand and LUNAR OS[7]
Reported:
At the 2021 New Smart City Development Summit in Wuxi, Langxin Technology launched its CityTree digital-city strategic brand and LUNAR OS digital-city operating system.
Sources7 sources
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