Longyuan Construction: Controlling shareholder's plan to change control rights has been terminated.

Longyuan Construction announced that the company received a letter from the controlling family of Lai Zhenyuan today, stating that since the listed company has agreed to terminate the non-public issuance of A shares, the original plan to change the control of the company through the "transfer of controlling shareholder's shares + additional issuance" cannot continue to be implemented. Therefore, it has informed the listed company of the corresponding termination of the plan to change the control of the listed company through the "transfer of controlling shareholder's shares + additional issuance". Hangzhou Investment Group still holds the company's equity acquired earlier, and will participate in governance as an important strategic shareholder and support the expansion of the company's business.