Zhejiang Weixing New Building Materials: Two shareholders to reduce up to 19.08 mln shares

NBD AI Bulletin, Zhejiang Weixing New Building Materials Co., Ltd. (the Company, SZ 002372, closing price: 14.58 yuan) announced on September 15 that the Company on September 14, 2020 received notices from Mr. Zhang Sanyun, a director and one of the actual controllers of the Company, and director Mr. Xie Jinkun, respectively. In 6 months after 15 trading days from the date of this disclosure, Mr. Zhang Sanyun plans to reduce his stake in the Company by no more than about 13.76 million shares, accounting for 0.87% of the Company's total share capital, and Mr. Xie Jinkun plans to reduce his stake in the Company by no more than about 5.32 million shares, accounting for 0.34% of the Company's total share capital.

The 2020 semi-annual report shows that Zhejiang Weixing New Building Materials Co., Ltd.'s main business is manufacturing, accounting for 97.43% of revenue.

Zhejiang Weixing New Building Materials Co., Ltd.'s general manager and chairman is Jin Hongyang, male, 54 years old, Chinese national, MBA, senior economist.

Tips on "Stock Trends":

1. The number of shares held by northbound investors increased by 2.6293 million in the past 30 days, representing 0.18% of the Company's circulating shares. 

2. 3 batches of institutions (28 in total) conducted researches on the Company in the past 30 days. 

(By Li Menglin)

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