Gelonghui May 21 丨*ST Longyu (603003ainsworthfreeslots.SH) Announcementainsworthfreeslots, received the "Proposal Letter on Proposing the Company to Repurchase Shares" from Shanghai Longyu Holdings Co., Ltd., the controlling shareholder of the company, proposing that the company use its own funds to repurchase the Company's issued RMB ordinary shares through centralized bidding transactions to safeguard the company's value and shareholder rights, and cancel all shares repurchased this time in the future to reduce the registered capital. The total repurchase funds shall not be less than RMB 50 million and shall not exceed RMB 100 million.