Iflytek: Shareholder China Mobile reduces around 10.83 mln shares

NBD AI Bulletin -- Iflytek Co., Ltd. (the Company, SZ 002230, closing price: 41.1 yuan) announced on November 23 that the Company's shareholder China Mobile reduced about 10.83 million shares in the Company from August 24, 2020 to October 30, 2020, at 38.46 yuan to 39 yuan each, accounting for 0.49% of the Company's total shares. The time for this reduction plan is halfway through.

According to the semi-annual report of 2020, Iflytek Co., Ltd. mainly engages in software and information technology services, education and teaching, accounting for 97.66% and 1.85% of its revenue, respectively.

Iflytek Co., Ltd.'s general manager and chairman is Liu Qingfeng, male, 47 years old, PhD, part-time professor and PhD supervisor of University of Science and Technology of China. 

Tips on "Stock Trends":

1. The number of shares held by northbound investors increased by 26.7147 million in the past 30 days, accounting for 1.32% of its circulating shares. 

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

3. The last share reduction announcement of Iflytek Co., Ltd. was issued on July 30, 2020, and its share price rose 1.08% on the following trading day. The Company issued a total of 2 such announcements in the past 12 months. 

(By Tan Yuhan)

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