Shareholder Ye Zhibin of Fibocom Wireless Inc. (00638) plans to reduce his stake in the company by a total of no more than 826,000 shares.

Guanghetong (00638) announced that Ms. Ye Zhibin, a shareholder holding 3.3038 million shares of Guanghetong Wireless Co., Ltd. (hereinafter referred to as the "Company"), which accounts for 0.37% of the total share capital of the Company excluding the shares held in the repurchase account, plans to sell no more than 826,000 shares of the Company through centralized bidding, block trading, or other legal means recognized by the Shenzhen Stock Exchange within three months after the date of this announcement, which is within fifteen trading days, representing no more than 0.09% of the total share capital of the Company excluding the shares held in the repurchase account.