Longbai Group: Shareholder Tan Ruiqing and his concerted parties have reduced their holdings by 1% and 0.35% respectively.

Longbai Group announced that shareholder Tan Ruiqing reduced holdings by 23.8426 million shares through centralized bidding from February 26 to March 3, 2026, accounting for 1.00% of the company’s equity; prior to this, from February 13 to 25, he reduced holdings by 8.2764 million shares, accounting for 0.35%. After this equity change, he and his concerted parties hold a total of 238 million shares, accounting for 10.00%, reaching the integer multiples of 1% and 5%. The reduction did not trigger a takeover offer and will not lead to a change in the controlling shareholder or actual controller. The company has disclosed a “Simple Equity Change Report.”