Has Long Jun Jiayuan recovered its equity?

Yes According to the Contract Law of People's Republic of China (PRC), when the holding period agreed in the contract expires or the holding purpose has been realized and can be recovered, the holder shall return the equity to the transferor. Therefore, if the holding period is stipulated in the contract for holding the equity on behalf of Long Jun Jiayuan or the holding purpose has been realized, the transferor may require the holder to return the equity. If the holder refuses to perform the obligation of returning the equity, the transferor may bring a lawsuit to the people's court, demanding that the holder be forced to return the equity, and bear the corresponding liability for breach of contract. At the same time, if the holder disposes of the equity or causes losses to the equity without the consent of the transferor during the holding period, the transferor may also require the holder to compensate the corresponding economic losses. To sum up, whether the equity held by Long Jun Jiayuan can be recovered depends on whether the agreement in the holding contract and the holding purpose have been realized.