Nanyang Topsec Technologies Group: Mingtai Capital releases 3.85 mln pledged shares

NBD AI Bulletin -- Nanyang Topsec Technologies Group Inc announced on November 20 that it recently received a notice from Mingtai Capital, which holds over 5% stake in the Company, on share release issue. 

On November 18, 2020, Mingtia Capital released 2.65 million shares originally pledged to Shenwan Hongyuan Securities, accounting for about 2.94% of its holdings. On November 19, 2020, Mingtai Capital released 1.2 million shares of the Company originally pledged to Shenwan Hongyuan Securities, accounting for 1.3296% of its holdings.

The Company's 2020 semi-annual report shows that Nanyang Topsec Technologies Group Inc mainly engages in wire and cable, and network security, accounting for 82.63%, 17.09% of its revenue, respectively.

Nanyang Topsec Technologies Group Inc's chairman and general manager is Li Xueying, female, 46 years old, Chinese national, no permanent residence abroad, Ph.D.

Tips on "Stock Trends":

1. The number of shares held by northbound investors increased by 5.1434 million in the past 30 days, representing 0.49% of the Company's circulating shares. 

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

(By Tan Yuhan)

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