Wuxi Longsheng Technology Co., Ltd. (hereinafter referred to as "the Company") and all members of the Board of Directors guarantee that the information disclosed is true, accurate, and complete, with no false records, misleading statements, or significant omissions.
I. Reasons for Notifying Creditors
On March 19, 2026, and April 7, 2026, the Company held the 13th meeting of the 5th Board of Directors and the first extraordinary general meeting of shareholders in 2026, respectively. The proposals regarding the cancellation of part of the repurchased shares and the reduction of registered capital, as well as the amendment of the Company’s Articles of Association, were approved.
According to the Company Law, the Rules for the Repurchase of Shares by Listed Companies, the Self-Regulatory Guidelines No. 9 for Listed Companies on the Shenzhen Stock Exchange regarding share repurchases, and the relevant provisions of the Company's share repurchase plan, the Company will cancel 1,474,625 repurchased shares that have been held for nearly three years and are not currently planned for employee stock ownership or incentive plans. This cancellation represents 0.65% of the Company's total share capital.