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Longzhou Co., Ltd. (SZSE: 002682): Zhongqi Hongyuan, a majority-owned indirect subsidiary, continues its temporary suspension of production and operations.
Gelonghui, May 29 — Longzhou Co., Ltd. (SZSE: 002682) announced that, following deliberation by the interim shareholders' meeting of Zhongqi Hongyuan and confirmation by the company's executive office, Zhongqi Hongyuan will extend its temporary suspension of operations from June 1, 2026, to November 30, 2026. During this suspension period, Zhongqi Hongyuan has arranged for on-site personnel to manage service support and other essential tasks, and will remain prepared to resume operations at any time based on changes in market conditions and order intake. Zhongqi Hongyuan has received no business orders since 2024, and this continued suspension is expected to have minimal impact on the company’s revenue.
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