Shareholders of Longxing Technology Group (002442.SZ), Bohai Trust, plan to reduce their shareholding by no more than 1%.

Longxing Technology Group (002442.SZ) announced that the shareholder Bohai International Trust Co., Ltd. (hereinafter referred to as "Bohai Trust") plans to reduce its holdings of the company's shares by no more than 5,032,800 shares (representing no more than 1% of the company's total share capital) through centralized bidding within 3 months after 15 trading days from the disclosure date of this announcement.