The equity change announced by LB Group is due to the inheritance after the death of the original controlling shareholder and actual controller Xu Gang. Xu Ran, Xu Gang's daughter, and Xu M, his minor son, inherited the shares of the listed company. After the completion of this equity change, the company's controlling shareholder and actual controller will be changed from Xu Gang to Xu Ran. Xu Ran becomes the controlling shareholder and actual controller of the company.
龙佰集团：公司控股股东、实际控制人将由许刚变更为许冉
lb group co., ltd.: The company's controlling shareholder and actual controller will be changed from Xu Gang to Xu Ran.
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