Shareholder Zheng Zhaoyang of Focus Hotmelt (301283.SZ) plans to reduce his shareholding by no more than 3%.

Focus Hotmelt (301283.SZ) announced that shareholder Mr. Zheng Chaoyang plans to reduce his holdings through centralized bidding within 3 months after 15 trading days from the announcement of this reduction plan, not exceeding 804,200 shares (1.00% of the total share capital of the company). He also plans to reduce his holdings through block trading within 3 months after 3 trading days from the announcement of this reduction plan, not exceeding 1,608,400 shares (2.00% of the total share capital of the company). The total reduction in shares will not exceed 2,412,500 shares (3.00% of the total share capital of the company).