Longping Hi-Tech announced that the company's board of directors reviewed and passed the bill to transfer 24.9998% of the total shares of Hebei Xuntian Agricultural Technology Co., Ltd. held by minority shareholders of Hebei Xuntian Agricultural Technology Co., Ltd. for 299.96626 million yuan. After the transaction was completed, the company's shareholding ratio in Xuntian Agriculture rose from 51.0000% to 75.9998%, and the scope of the merger remained unchanged. The transferor promised that the net profit of Xuntian Agriculture in 2026 will not be less than 85 million yuan, and the transferor will make up for the shortfall. This transaction does not constitute a related transaction or major asset restructuring. The funding sources are own and self-raised funds.

Longping Hi-Tech announced that the company's board of directors reviewed and passed the bill to transfer 24.9998% of the total shares of Hebei Xuntian Agricultural Technology Co., Ltd. held by minority shareholders of Hebei Xuntian Agricultural Technology Co., Ltd. for 299.96626 million yuan. After the transaction was completed, the company's shareholding ratio in Xuntian Agriculture rose from 51.0000% to 75.9998%, and the scope of the merger remained unchanged. The transferor promised that the net profit of Xuntian Agriculture in 2026 will not be less than 85 million yuan, and the transferor will make up for the shortfall. This transaction does not constitute a related transaction or major asset restructuring. The funding sources are own and self-raised funds.