Longbai Group announced that the share purchase plan by the controlling shareholder and certain directors, senior management, and core personnel has been fully implemented. A total of 3,154,000 shares were purchased, representing 0.1323 percent of the company's total share capital, with a total purchase amount of 47.771 million yuan, meeting the minimum threshold of 45 million yuan. The purchasers include seven individuals such as Chairman Xu Ran and President Wu Pengsen. Xu Ran purchased 2,093,600 shares for 30.4951 million yuan, bringing her total holdings to 502 million shares, or 21.06 percent of total share capital. Before the purchases, the purchasers collectively held 505 million shares, representing 21.19 percent of total share capital. After the purchases, their combined holdings stand at 508 million shares, or 21.32 percent.
LB Group Co LtdControlling shareholder and senior management completed share purchases totaling 47.771 million yuan, signaling confidence.