Longxing Technology: Bohai Trust plans to reduce its holdings by no more than 1%.

Longxing Technology Announcement: Bohai International Trust Co., Ltd., a shareholder holding 14.43% of the shares, plans to reduce its holdings by no more than 5,032,800 shares, accounting for 1% of the total share capital of the company, through centralized bidding within 3 months after 15 trading days from the date of disclosure of this announcement.