Longxing Token (LXS) is backed by 120 million tons of iron ore reserves owned by Qinglong Manchu Autonomous County Tianxing Mining Co., Ltd., valued at 1.5 billion yuan. These assets have been digitized and represented by a total of 20 billion Longxing Tokens. Users who purchase Longxing Tokens can enjoy the interest spread from trading token appreciation. In addition, they can use Longxing Tokens to purchase digital asset shares on the Longxing Resource Platform, pay service fees for various resources and mineral products on the platform that are benchmarked against other similar resources, and receive dividends corresponding to their shares or assets in Tianxing Mining.