Longquan Group: Completed the cancellation of 468,000 restricted shares repurchased.

Longquan Corporation announced that the company has completed the repurchase and cancellation of a portion of the restricted stocks from the 2024 and 2024 second phase restricted stock incentive plans. This repurchase and cancellation involved 2 departed incentive recipients, with a total of 468,000 shares repurchased and cancelled, accounting for 0.0830% of the total share capital before repurchase and cancellation. Of these, 198,000 shares from the 2024 incentive plan were repurchased at a price of 2 yuan per share, and 270,000 shares from the 2024 second phase incentive plan were repurchased at a price of 2.28 yuan per share, with a total repurchase price of 1.0116 million yuan. After the repurchase and cancellation, the total share capital of the company decreased from 563,694,346 shares to 563,226,346 shares.