Long Lite: Controlling shareholder Long Erli plans to increase holdings by no less than RMB 56 million, obtain a commitment letter for a special loan.

Longlide announcement, the controlling shareholder Shanghai Long'erli Investment Development Co., Ltd. plans to increase its shareholding in the company through centralized bidding, block trades, and agreement transfers within 6 months from the announcement disclosure date, with the amount of the increase not less than 56 million yuan and not more than 60 million yuan, the number of shares to be increased not exceeding 5% of the total share capital, and the increase price having no range limit. The source of funds is from self-owned funds and special loans, with the proportion of special loans not exceeding 90%. Long'erli has obtained a stock increase loan commitment letter issued by the Chuzhou branch of Bank of China, with a loan amount not exceeding 49.6 million yuan and not exceeding 90% of the total increase amount, and a loan term not exceeding 36 months. This increase will not result in a change in the company's controlling shareholder or actual controller.