Longguang Group: Over 62% of the allocated amount for domestic debt restructuring.

Longguang Group Announcement: As of the date of this announcement, a total of 13.66 billion RMB in bond face value has been obtained through cash repurchase, asset debt, and other modes to obtain debt restructuring allocation offers. The allocated amount of bonds has exceeded 62% of the total remaining principal amount of 21 public bonds in China as of July 10, 2025. Significant progress has been made in domestic debt restructuring work.