Beijing Oriental Yuhong Waterproof Technology: Controlling shareholder Li Weiguo releases 48 mln shares

NBD AI Bulletin -- Beijing Oriental Yuhong Waterproof Technology Co., Ltd. (the Company, SZ 002271, closing price: 37.4 yuan) announced on November 19 that the Company recently received a notification from its controlling shareholder and actual controller Mr. Li Weiguo over share pledge and release issues.

The noficifaction said that on November 17, 2020, Li Weiguo released 48 million shares originally pledged to China Galaxy Securities, accounting for 8.14% of his holdings. Li Weiguo pledged another 30 million shares on November 18, 2020.

Li Weiguo holds about 590 million shares in the Company, representing 25.04% of the Company's total share capital. The cumulative number of shares pledged by Li Weiguo is about 249 million, representing 10.57% of the Company's total share capital and 42.2% of his holdings in the Company. 

According to the semi-annual report of 2020, Beijing Oriental Yuhong Waterproof Technology Co., Ltd. mainly engages in the sale of waterproof materials, waterproofing engineering construction business, other, materials sales, accounting for 80.24%, 15.92%, 3.46%, and 0.38% of its revenue, respectively.

Beijing Oriental Yuhong Waterproof Technology Co., Ltd.'s chairman is Li Weiguo, male, 55 years old, graduated from Hunan Agricultural University, bachelor's degree, Chinese national. The Company's president is Zhang Zhiping, female, 49 years old, bachelor's degree, Chinese national.

Tips on "Stock Trends":

1. The number of shares held by northbound investors increased by 99.3361 million in the past 30 days, representing 0.02% of the Company's circulating shares. 

2. One batch of institutions (94 in total) conducted researches on the Company in the past 30 days.

(By Tan Yuhan)

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