Zhejiang Longsheng announced that on December 30, 2025, its holding subsidiary Desida completed a targeted repurchase of 20% of its shares and paid 427 million US dollars; the company's wholly-owned subsidiary Shengde International Capital Co., Ltd. completed the acquisition of 17.57% of Desida's shares and paid 276 million US dollars, for a total of 702 million US dollars. The settlement was completed on the same day, and on December 31, the company obtained a certificate of share delivery and repurchase cancellation. After the transaction was completed, the company indirectly held 100% of Desda's shares through three wholly-owned subsidiaries. The transaction is expected to increase net profit due to mother in 2026, and also ended the stock lawsuit with KIRI.

Zhejiang Longsheng announced that on December 30, 2025, its holding subsidiary Desida completed a targeted repurchase of 20% of its shares and paid 427 million US dollars; the company's wholly-owned subsidiary Shengde International Capital Co., Ltd. completed the acquisition of 17.57% of Desida's shares and paid 276 million US dollars, for a total of 702 million US dollars. The settlement was completed on the same day, and on December 31, the company obtained a certificate of share delivery and repurchase cancellation. After the transaction was completed, the company indirectly held 100% of Desda's shares through three wholly-owned subsidiaries. The transaction is expected to increase net profit due to mother in 2026, and also ended the stock lawsuit with KIRI.