Autek China Inc. announced that a Shareholder, Nanjing Oute Information Technology Co., Ltd., which holds more than 5% of the shares, plans to reduce its holdings of the company's shares by no more than 26.9003 million shares, or no more than 3% of the total share capital of the company, within three months after the fifteenth trading day from the date of this announcement, through centralized bidding or block Trade. The reason for the Shareholding reduction is business development and capital demands. The implementation of this Shareholding reduction plan has uncertainty.