Controlling shareholder of Tongwei Co., Ltd. unfreezes 14 mln pledged shares

NBD AI Bulletin,Tongwei Co., Ltd. (SH 600438, closing price: 13.09 yuan) announced on the evening of May 28 that its controlling shareholder Tongwei Group unfreezes 14 million pledged shares. As of the date of the announcement, Tongwei Group has pledged about 1.056 billion shares, accounting for 52.83 percent of the total shares it owns and 24.62 percent of the Company's total share capital.

According to the 2019 Annual Report, Tongwei Co., Ltd. mainly engages in agro-pastoral business, PV business and internal offsets, accounting for 49.79%, 47.4% and -0.19% of its revenue, respectively.

Tongwei Co., Ltd.'s chairman is Xie Yi, a 36-year-old with a Master's degree in management at Imperial College London. Tongwei Co., Ltd.'s general manager is Guo Yizhong, a 50-year-old with a college degree.

(By Tan Yuhan)

Disclaimer: This article is for informational purposes only and does Not constitute investment advice. Please verify before use. Any action you take upon the information on this website is at your own risk.