FIBOCOM (00638) announced that shareholder Ms. Ye Zhibin, who currently holds 3.3038 million shares (accounting for 0.37% of the company's total outstanding shares excluding repurchased shares) of Shenzhen Fibocom Wireless Inc., plans to reduce her holdings by no more than 826,000 shares (0.09% of the company's total outstanding shares excluding repurchased shares) within three months starting from 15 trading days after the disclosure of this announcement. The reduction will be conducted through block trades, centralized bidding, or other lawful methods recognized by the Shenzhen Stock Exchange.
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