Fibocom Wireless Inc. (300638.SZ) shareholder Ye Zhibin plans to reduce holdings by no more than 826,000 shares.

Fibocom Wireless Inc. (300638.SZ) announced that shareholder Ye Zhibin, who holds 3.3038 million shares of the company (0.37% of the total share capital excluding shares held in the repurchase account), plans to reduce his shareholding by a total of no more than 826,000 shares within three months after the disclosure of the announcement, starting from the fifteenth trading day after the announcement, through centralized bidding, block trading, or other legally recognized methods approved by the Shenzhen Stock Exchange. This amount is equivalent to no more than 0.09% of the total share capital of the company excluding shares held in the repurchase account.