Lianlong: The third phase of the employee shareholding plan stocks have been sold.

Announcement from Li Anlong: As of December 19, 2025, all the company's stocks held by the third phase of the employee stock ownership plan have been sold. The plan accumulated a total of 4.0524 million shares of the company's stock through market bidding, accounting for 1.76% of the total share capital of the company. The transaction amount was 160 million yuan, with an average transaction price of 39.5 yuan per share. The lock-up period for the stock ownership plan was 12 months, which was extended twice before finally being fully sold on December 19, 2025.