Lutong Technology announced that the company's director, deputy general manager and financial director Peng Lijun, and director Xiong Kangjian, plan to reduce their holdings in the company. Peng Lijun currently holds 1.23 million shares, accounting for 0.8622% of the total share capital. She plans to reduce her holdings by no more than 307,500 shares through centralized bidding or bulk transactions, accounting for 0.2156% of the total share capital from October 30, 2026 to January 29, 2027; Xiong Kangjian currently holds 4,000 shares, accounting for 0.0028% of the total share capital. The plan is to reduce her holdings by no more than 1,000 shares through centralized bidding, accounting for 0.0007% of the total share capital during the same period. The reason for both holdings reduction is due to own capital requirements, and the price of holdings reduction is determined according to market conditions.