Longlide Controlling Shareholder Completes Share Increase Plan, Spending About 56.01 Million Yuan to Boost Stake by 2.6%

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Longlide announced that the share increase plan of its controlling shareholder, Shanghai Long Erli Investment Development, has been completed. As of July 9, Long Erli had accumulated an increase of 8.9839 million shares in the company through centralized bidding, representing 2.6% of the total share capital, with a total increase amount of 56.0111 million yuan, exceeding the lower limit of the planned increase amount but not exceeding the upper limit.

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