Perfect World: Controlling shareholder releases 28.35 million pledged shares

NBD AI Bulletin - Perfect World Co Ltd ("the Company", SZ 002624, closing price: 25.42 yuan) announced on the evening of November 27 that it has received a notice regarding the partial release of pledged shares from controlling shareholder Perfect World Investment & Holding Group. According to the notice, the controlling shareholder on November 26, 2020 released the 28.35 million shares originally pledged to Ping An Securities, accounting for 5.77% of its holdings. As at the date of the announcement, Perfect World Investment & Holding Group has accumulatively pledged around 129 million shares, accounting for 26.25% of its holdings. Shareholder Chi Yufeng has accumulatively pledged 0 share, while shareholder Shihezi Kuaile Yongjiu Equity Investment Co Ltd has accumulatively pledged 23.17 million shares, accounting for 50.92% of its holdings.

The semi-annual report shows that the Company mainly engages in the production of games, films and TV dramas, accounting for 84.72%, 15.28% of its revenue, respectively.

Perfect World Co Ltd's chairman is Chi Yufeng, male, 49, Chinese national, EMBA at CEIBS. The Company's president is Lu Xiaoyin, 41, bachelor's degree in arts education at Zhejiang Normal University.

Tips on "Stock Trends":

1. The number of shares held by northbound investors in the Company increased by 10.6424 million in the past 30 days, representing 0.6% of the Company's circulating shares.

2. One batch of institutions (75 in total) conducted research on the Company in the past 30 days.

(By Lan Suying)

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