On December 20, Glonghui reported that Longxun Co., Ltd. (688486.SH) held its first meeting of the fourth Board of Directors on December 20, 2024, to review and approve the proposal on electing the chairman of the fourth Board of Directors. All directors unanimously agreed to elect Mr. FENG CHEN as the chairman of the fourth Board of Directors, with a term starting from the date of approval at the first meeting of the fourth Board of Directors until the expiration of the fourth Board of Directors' term.