Shareholder Liu Huicheng of Palm Fun Technology (300315.SZ) plans to reduce his shareholding by no more than 1%.

Zhtng Cijng APP news, Palm Fun Technology (300315.SZ) announced that the company's shareholder, Liu Huicheng, plans to reduce his holdings of the company's shares by no more than 27.2017 million shares within three months after the date of this announcement, using centralized bidding or block trading, not exceeding 1% of the total share capital of the company.