Deshi Co., Ltd.: Shareholder Yan Shiming intends to reduce his holdings by no more than 0.0810%

Gelonghui March 20 — Deshi Co., Ltd. announced that shareholder Yan Shiming, who holds 480,000 shares (accounting for 0.3240% of the total share capital excluding the repurchase account), plans to reduce his holdings by no more than 120,000 shares within three months after 15 trading days from the date of this announcement, through centralized bidding or block trades. This represents approximately 0.0798% of the company’s total share capital and 0.0810% excluding the repurchase account. The shares to be reduced were acquired through the division of property upon the dissolution of marriage before the company’s initial public offering. The reduction will be at market price.

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