Longqi Technology: Planning to issue H shares and list on the Hong Kong Stock Exchange.

Longqi Technology announced that the company plans to issue overseas listed foreign capital stocks and list on the main board of The Stock Exchange of Hong Kong Limited in order to further enhance its capital strength and overall competitiveness, improve its international brand image, and meet the needs of international business development. This issuance and listing require approval from the shareholders' meeting and the relevant government agencies and regulatory authorities. Currently, the company is in discussions with relevant intermediaries regarding the details of this issuance and listing, which are not yet finalized. There are significant uncertainties in this matter, and the company will fulfill its disclosure obligations in a timely manner.