Shandong Humon Smelting: Humon Group and person acting in concert collectively reduce 9.1 mln shares

NBD AI Bulletin -- Shandong Humon Smelting Co., Ltd. (the Company, SZ 002237, close price: 19.83 yuan) announced on July 30, 2020 that it received a notice from Yantai Humon Group Co., Ltd. (Humon Group), who holds more than 5% shares of the Company, and the person acting in concert Mr. Wang Xin'en, saying that they collectively reduced 9.104 million unlimited outstanding shares through centralized bidding and block trading on the Shenzhen Stock Exchange, accounting for 1% of the Company's total share capital.

The 2019 annual report shows that Shandong Humon Smelting Co., Ltd. mainly engages in precious metals smelting, mineral powder sales, chemical production, and others, accounting for 80.41%, 11.66%, 1.21%, 0.32% of its revenue respectively.

Shandong Humon Smelting Co., Ltd.'s chairman is Huang Xiaoping, male, 58 years old, Chinese national, no permanent residence abroad, college degree, senior economist. Shandong Humon Smelting Co., Ltd.'s general manager is Qu Shengli, male, 54 years old, Chinese national, no permanent residence abroad, Ph.D, senior engineer.

1. The number of shares bought by investors through stock connect devices increased 1.9935 million over the past 30 days, representing 0.24% of the Company's circulating shares;
2. No institution has conducted any research on the Company in the past 30 days;
3. The latest shareholding reduction announcement of Shandong Humon Smelting Co., Ltd. was issued on July 03, 2020, and its shares rose 4.69% on the following trading day. Shandong Humon Smelting Co., Ltd. has issued a total of 6 such announcements in the past 12 months.

(By Tan Yuhan)

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