Deerma shareholder Panmao (Shanghai) plans to reduce its holdings by no more than 4%
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According to the Zhitong Finance APP, Deerma announced that its shareholder Panmao (Shanghai) Investment Center (Limited Partnership) plans to reduce its holdings of the company's shares by no more than 18.4625 million shares (accounting for 4% of the company's total share capital) through centralized bidding and block trading within three months after the announcement date, starting from fifteen trading days thereafter
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