Shareholder ZOOMLION of Bichamp Cutting Technology (002843.SZ) plans to reduce its shareholding by no more than 3%.

Bichamp Cutting Technology (002843.SZ) announced that its shareholder ZOOMLION Co., Ltd. plans to reduce its holdings of the company's shares by a total of no more than 7.5521 million shares (3% of the company's total share capital) within 3 months after the pre-disclosure announcement of this reduction of shares, starting from the date of such announcement, for a period of 15 trading days.