Nanjing Xinlian Electronics' controlling shareholder, the Entrepreneurial Park, plans to reduce its holdings by no more than 3% of the company's shares.

Nanjing Xinlian Electronics (002546.SZ) announced that the company's controlling shareholder, Nanjing Xinlian Entrepreneurship Park Management Co., Ltd. (referred to as "Entrepreneurship Park"), plans to reduce its holdings of the company's shares by no more than 25.02 million shares, or 3.00% of the company's total share capital, through centralized bidding and block trading within 3 months after the disclosure of this announcement after 15 trading days.