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Longpan Technology: Plans to cancel 2,082,400 shares repurchased in the dedicated repurchase securities account.
Longpan Technology Announcement: The company intends to change the use of 2,082,400 shares of the company’s stock that were repurchased and not yet used as of March 24, 2023, in the repurchase special securities account, from “implementing an employee stock ownership plan or equity incentives” to “cancellation and reduction of registered capital.”