Deutsche NanosShareholders plan to reduce their holdings by no more than 2.7954 million shares of the company.

DeFon Nano announced on the evening of July 27th that shareholder Qin Dongdong, who holds 14.0094 million shares of the company, plans to reduce his shareholding by no more than 2.7954 million shares through centralized bidding trading within 3 months after 15 trading days from the date of disclosure of the announcement.