Two directors and executives of Qingdao Topscomm Communication (603421.SH) plan to reduce their holdings by a total of no more than 0.65% of the company's shares.

Qingdao Topscomm Communication (603421.SH) announced that within 3 months after the disclosure of this announcement, Mr. Yuan Zhishuang, a director/senior executive, plans to reduce his shareholding in the company by a total of no more than 2.16 million shares, which is not more than 0.34% of the total share capital of the company; Mr. Fan Jianhua, a director/senior executive, plans to reduce his shareholding in the company by no more than 2 million shares through centralized bidding, which is not more than 0.31% of the total share capital of the company.