Longda Group: Shareholder Wuxi Guolian Industrial Upgrade Investment Center, holding more than 5% of the shares, plans to reduce its holdings of the company's shares by no more than 1%.

On May 12, Longda Holdings announced that the company's shareholder, Wuxi Guolian Industrial Upgrading Investment Center, which holds more than 5% but is not the largest shareholder, plans to reduce its holdings of the company's shares by no more than 246.86 million shares through centralized bidding from June 5, 2025 to September 4, 2025, which is less than 1% of the total share capital of the company. The reduction price will be determined based on market prices. The implementation of this reduction plan is subject to uncertainties.