Long Lide announced on the evening of February 26 that Zhang Yunxue, the controlling shareholder and one of the actual controllers of the company, plans to transfer 207.254 million unrestricted tradable shares held by the company to Shanghai Kaibo Private Equity Fund Management Co., Ltd. (representing “Kaibo Hengdao No. 1 Private Equity Investment Fund”) through an agreement transfer, accounting for 5.99% of the company's total share capital (6.06% of the company's total share capital after excluding the number of shares in the special securities account for repurchase). The transfer price was 5.21 yuan/share, and the total transfer price was 108 million yuan.