Loongson Technology: Shareholders intend to transfer 1.37% of the total share capital at an inquiring price.

Loongson Technology announced that its shareholders Xinyuan Investment, Tiantong Chip and Tiantong Chip National Plan have transferred 5.498 million shares, accounting for 1.37% of the total share capital, through inquiry-based transfer. The transferors are all consistent actors of the company's controlling shareholder Tiantong Xinyuan, but Tiantong Xinyuan has committed not to participate in this transfer. The reason for the transfer is the need for funds.