Xinhu Zhongbao: Shareholder Zhejiang Xinhu Group releases 148 mln pledged shares

NBD AI Bulletin -- Xinhu Zhongbao Co., Ltd. (the Company, SH 600208, closing price: 3.44 yuan) announced on October 15 that the Company recently received a notice from its shareholder about share release. The Company's shareholder Zhejiang Xinhu Group Co., Ltd. on October 14, 2020 released 148 million pledged shares, accounting for 5.31% of its holdings.

According to the Company's 2019 annual report, Xinhu Zhongbao Co., Ltd. mainly engages in real estate, commercial trade, other, and shoal development, accounting for 81.29%, 16.88%, 0.93% and 0.43% of its revenue respectively.

Xinhu Zhongbao Co., Ltd.'s chairman is Lin Junbo, 49 years old, Ph.D., senior economist. The Company's president is Zhao Weiqing, male, 61 years old, bachelor's degree.

Tips on "Stock Trends":

1. The number of shares held by northbound investors decreased by 503,400 in the past 30 days.

2. There was no institutional research on the Company in the past 30 days.

(By Tan Yuhan)

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