Zhejiang Longsheng (600352. SH) announced that Xiang Zhifeng had previously disclosed the share reduction plan. For details, the company disclosed the announcement of shareholders' share reduction plan on August 8, 2020. From February 18, 2021 to February 22, 2021, Xiang Zhifeng reduced 5.76 million shares by block trading, accounting for 0.1770% of the company's total share capital, and 72 shares through centralized bidding, accounting for 0.0% of the company's total share capital 00002%。

This equity change involves the change of controlling shareholders and actual controllers of the company. The controlling shareholders and actual controllers of the company are changed from Ruan Shuilong, Ruan Weixiang and Xiang Zhifeng to Ruan Shuilong and Ruan Weixiang. The total number of shares held by the controlling shareholders and actual controllers will drop to 735975530 shares, accounting for 22.6222% of the total share capital of the company.