LongShine Technology Group
LongShine Technology Group (300682.SZ) builds digital infrastructure platforms spanning energy, industrial IoT, payments, and smart city solutions, serving 12,000+ enterprise clients including State Grid and Shanghai Metro plus 330M+ end-users across China and Belt and Road markets.
- Company typePublic
- Founded1996
- HeadquartersWuxi, China
- Headcount501–1,000
- GTM typeB2B
- OfferingSoftware
What LongShine Technology Group does
LongShine Technology Group is a Wuxi-headquartered Chinese technology company founded in 1996 and listed on the Shenzhen Stock Exchange GEM (300682) in 2017, operating across four principal sectors: Energy Internet, Industrial Internet, Digital Life, and Digital City. The company serves a B2B2C customer base of more than 12,000 enterprise clients and over 330 million household users across 31 provinces and 40+ cities in China, with international operations spanning 10+ countries along the Belt and Road. Its core technology platforms include HanClouds (an industrial IoT platform connecting 16 million+ devices), HanYu (a payment and digital finance platform), and domain-specific solutions for smart energy, smart gas, smart buildings, smart travel, and city operations.
The company generates revenue through a B2B2C model in which it builds and operates mission-critical digital infrastructure for utility companies (State Grid, provincial power utilities, China Resources Gas, Xinao Gas), transportation operators (Shanghai Metro), municipal governments (Beijing Government), and enterprises, then captures value from the underlying consumer transactions flowing through those platforms. Key revenue mechanics include software licensing and platform fees from utility and municipal clients, transaction-based fees from HanYu's payment flows, energy management service revenue from Industrial Internet deployments, and consumer-facing digital life services. In FY2020, LongShine reported revenue of 3.39 billion yuan (approximately $470 million) with a 21% net profit margin, reflecting a 10-year revenue CAGR of 44% and net profit CAGR of 51%. The company employs over 5,000 people across 8 R&D centers and 22+ branch offices.
LongShine Technology Group firmographics
Firmographics- Name
- LongShine Technology Group
- Legal name
- LongShine Technology Group Co., Ltd.
- Website
- https://en.longshine.com
- Company type
- Public
- Founded year
- 1996
- Headcount range
- 501–1,000 employees
- Short description
- LongShine Technology Group (300682.SZ) builds digital infrastructure platforms spanning energy, industrial IoT, payments, and smart city solutions, serving 12,000+ enterprise clients including State Grid and Shanghai Metro plus 330M+ end-users across China and Belt and Road markets.
- Ownership category
- akta.pro rank
LongShine Technology Group industry classification
Industry- Product category
- Industrial Internet Software
- NAICS
- Computer Systems Design and Related Services (54151), Computing Infrastructure Providers, Data Processing, Web Hosting, and Related Services (5182), Media Streaming Distribution Services, Social Networks, and Other Media Networks and Content Providers (51621)
- SIC
- Services-Computer Programming Services (7371), Services-Computer Integrated Systems Design (7373)
- akta.pro primary industry
- Customer Self-Service Portals & Digital Experience (Web/Mobile) (EUAJAHAK)
- akta.pro secondary industry
- Managed File Transfer (MFT) & B2B/EDI Integration (HDAEACAG)
Keywords
Where LongShine Technology Group is headquartered
LocationHeadquarters
- HQ city
- Wuxi
- HQ country
- China
- HQ region
- Asia
Offices8 records
Markets served
LongShine Technology Group business model
Business model- GTM type
- B2B
- Offering type
- Software
- Cost components
- Personnel, Technology or R&D, Operations, Marketing or Sales
Revenue model
- IT Solutions and Services: LongShine provides long-term technical and operational services for government and enterprise customers. Revenue generated from digital transformation solutions, software systems, and operational services across energy internet, industrial internet, digital life, and digital city sectors.
- Software Licensing and Implementation: Provides software solutions including power marketing systems, industrial internet platforms, and digital city solutions with implementation and ongoing support services.
- Professional Services: Business consulting, technology consulting, management consulting, and implementation services for energy and public utility enterprises.
Go-to-market motion2 records
Distribution channels4 records
Marketing channels5 records
LongShine Technology Group product offering
Product offeringCore offering
LongShine Technology Group provides digital transformation software and platforms across four domains: energy internet, industrial internet, digital life, and digital city. Its flagship product, the HanClouds Industrial Internet Platform, underpins offerings that include power marketing systems for electricity utilities, smart grid solutions, EV charging operations platforms, and integrated digital city platforms for government clients. The company serves primarily enterprise and government customers in China, operating under a B2B2C model that enables its clients to deliver digital services to end consumers.
Product overview
LongShine Technology Group is a technology company that powers industrial digitalization through a platform-plus-modules architecture spanning energy internet, industrial internet, digital life, and digital city sectors. The core product portfolio includes the HanClouds Industrial Internet Platform (PaaS) as the foundational platform, complemented by specialized solutions across power marketing (Marketing Audit and Monitoring System 2.0, Marketing application system), digital energy (Comprehensive Energy Service Integration Platform, LS-EnergyPack, Marketized Power Sales System), and digital city verticals (Beijing All-In-One System, City Operation Center, All-In-One System for Governments and Enterprises). Digital life offerings include Living Payment Solution, Intelligent Travel Solution, Intelligent community, Digital Intelligence Class, and OTTTV Solution. The company operates through acquired subsidiaries including Bangdao Technology (utility billing), ChangLife (new energy), YSTen (smart TV), Hango Technology (foreign trade), and LongShine D+ (digital city construction), all coordinated under the B2B2C business model to serve over 12,000 government and enterprise customers and 330+ million household users.
Differentiator
Problem solved
Functional benefit
Products and services
- HanClouds Industrial Internet Platform
Quantifiable outcome
- 2020 revenue of 3.39 billion yuan with 710 million yuan net profit
- +5 more outcomes
Companies that use LongShine Technology Group
Customer profileNamed customers13 records
Segments7 records
Ideal customer profiles1 record
LongShine Technology Group technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Integration8 records
AI capability14 records
Feature6 records
LongShine Technology Group partnerships and signals
Strategic signalPartnerships
Three partnerships are on record, tiered core and minor.
- AlibabacoreLongShine has established long-term cooperation relationships with Alibaba. The company integrates with Alipay for payment services and leverages Alibaba's technology ecosystem for cloud services and platforms.
- Universities (North China Electric Power University, Shanghai Electric Power University, Tsinghua University)minorLongShine has established long-term cooperation relationships with universities for research, talent cultivation, and产学研结合 (industry-academia-research) collaboration.
- Bang Dao Technology (Joint Venture with Ant Group)coreBang Dao Technology is a joint venture between LongShine and Ant Group, established in 2015. It focuses on digital life services including living payment platforms, serving over 4,800 utility institutions and 330+ million users.
Scale indicators26 records
Recent moves8 records
Expansion highlights5 records
LongShine Technology Group competitors and assessment
Company assessmentBroad incumbents
- Huawei Cloud: Major Chinese cloud and AI platform competing in industrial internet, smart city, and government digital transformation. Comparable to LongShine in target customers and IoT/AI capabilities, with substantially larger R&D and global reach.
- Alibaba Cloud (Aliyun): Dominant Chinese cloud platform offering IoT, smart city, and industrial internet solutions at massive scale. Competes with LongShine's HanClouds platform layer and underpins it via partnership; serves overlapping government and enterprise customers with broader portfolio but less vertical specialization in utility billing.
- Hikvision (Hangzhou Hikvision Digital Technology): Global leader in video surveillance, IoT, and smart city solutions. Comparable to LongShine in AI vision for transportation and smart city deployments, but with much larger scale and hardware-led business model.
Regional players
- Itron: Global utility AMI and smart infrastructure provider offering Meter2Cash, MDM, and grid management solutions. Comparable to LongShine's LS-EnergyPack overseas power marketing offering, with similar utility customer base but global footprint anchored in North America and Europe rather than emerging markets.
Direct peers
- Neusoft Corporation: Major Chinese IT solutions and services provider serving automotive, healthcare, energy, and government verticals with systems integration and digital transformation offerings. Comparable to LongShine in scale (~5,000+ employees), vertical B2B focus, and government/SOE customer base, though Neusoft is more automotive-anchored.
- Wonders Information: Chinese smart city solutions provider offering urban management, public security, and digital government platforms. Directly comparable to LongShine's City Operation Center and Beijing All-In-One System products, with similar municipal government customer base.
- Yonyou Network Technology: China's leading enterprise software and cloud services provider, offering ERP, HR, financial, and industry-specific platforms across government and enterprise customers. Directly comparable to LongShine in B2B digital transformation focus, public-sector penetration, and platform-plus-modules architecture, though Yonyou has stronger finance/ERP positioning vs. LongShine's utility/energy specialization.
- China Transinfo Technology: Chinese smart transportation and intelligent traffic systems provider serving government transportation authorities. Comparable to LongShine's Intelligent Travel Solution and Shanghai Metro DADUHUI deployments, with similar B2G sales motion and AI vision products.
- NARI Technology (Nanjing Automation Research Institute): Subsidiary of State Grid focused on smart grid, energy management, and power automation solutions. Direct competitive overlap with LongShine's power marketing systems, smart grid platforms, and integrated energy services, with deeper grid hardware and protection systems.
- Hollysys Automation Technologies: Chinese industrial automation and IT solutions provider for rail, power, nuclear, and process industries. Comparable to LongShine's industrial internet and energy vertical focus, with greater emphasis on control systems and SCADA-level hardware.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat7 records
Key risks6 records
Key highlights7 records
Customer concentration
LongShine Technology Group social profiles
Digital presenceLongShine Technology Group compliance and trust
Trust signalCompliance7 records
LongShine Technology Group financial estimates
Financial estimateRevenue estimate
Valuation estimate
LongShine Technology Group leadership team
Management profileNumber of profiles
LongShine Technology Group subsidiaries and ownership
Company hierarchySubsidiaries7 records
LongShine Technology Group funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
LongShine Technology Group M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about LongShine Technology Group
What does LongShine Technology Group do?
LongShine Technology Group provides digital transformation software and platforms across four domains: energy internet, industrial internet, digital life, and digital city. Its flagship product, the HanClouds Industrial Internet Platform, underpins offerings that include power marketing systems for electricity utilities, smart grid solutions, EV charging operations platforms, and integrated digital city platforms for government clients. The company serves primarily enterprise and government customers in China, operating under a B2B2C model that enables its clients to deliver digital services to end consumers.
Is LongShine Technology Group a public or private company?
LongShine Technology Group is a public company. It is classified as public.
When was LongShine Technology Group founded?
LongShine Technology Group was founded in 1996. It employs 501 to 1,000 people.
Where is LongShine Technology Group based?
LongShine Technology Group is headquartered in Wuxi, China, in the Asia region.
How does LongShine Technology Group make money?
Three revenue lines are on record. IT Solutions and Services are the primary driver. The others are software Licensing and Implementation and professional Services.
Who are LongShine Technology Group's main competitors?
Broad incumbents on record are Huawei Cloud, Alibaba Cloud (Aliyun) and Hikvision (Hangzhou Hikvision Digital Technology). Itron is listed as a regional player. Direct peers are Neusoft Corporation, Wonders Information, Yonyou Network Technology, China Transinfo Technology, NARI Technology (Nanjing Automation Research Institute) and Hollysys Automation Technologies.
Does LongShine Technology Group have an API?
No public API is recorded for LongShine Technology Group.
What industry is LongShine Technology Group in?
LongShine Technology Group's product category is Industrial Internet Software. Its primary akta.pro industry code is EUAJAHAK, Customer Self-Service Portals & Digital Experience (Web/Mobile), with a secondary code of HDAEACAG, Managed File Transfer (MFT) & B2B/EDI Integration. Its NAICS code is 54151 and its SIC code is 7371.