Bright New Group: Shareholder Yue Qi Capital Limited's percentage of holdings has decreased to 5.00%.

Longxin Group Announcement: Shareholder Yue Qi Capital Limited, holding 5.00% of the shares, has reduced its shareholding to 5.00%. After the equity change, Yue Qi Capital Limited holds 54,012,300 shares of the company, accounting for 5.00% of the current total share capital of the company. This equity change will not lead to a change in the company's controlling shareholder or actual controller. Yue Qi Capital Limited reduced its holdings through convertible bonds conversion, block trading, open market sales, company repurchases, and issuing shares to purchase assets.