Beijing Kunlun Tech: Shareholder Li Qiong sells about 12.65 million shares, accounting for 1% of the Company's total equity

NBD AI Bulletin - Beijing Kunlun Tech Co., Ltd. ("the Company", SZ 300418, closing price: 22.75 yuan) announced on the evening of December 2 that Ms. Li Qiong accumulatively sold 12,652,000 shares, or 1.1% of the Company's total equity, via block trade in the period from November 10, 2020 to December 1, 2020. On November 10, 2020, the Company issued an anannouncement that requires a Simplified Report on Equity Changes once large shareholder with a stake of more than 5% in the Company sells about 1% of the Company's shares or accumulatively offloads 5% of the Company's shares. 

According to the semi-annual report of 2020, Beijing Kunlun Tech Co., Ltd. mainly engages in internet-related businesses, accounting for 98.53% of its revenue, respectively.

The general manager and chairman of Beijing Kunlun Tech Co., Ltd. is Jin Tian, male, 40 years old, Chinese national, no permanent residence abroad, with a bachelor's degree from the University of Iowa, majoring in marketing management.

Tips on "Stock Trends":

1. The number of shares held by northbound investors in the Company increased by 3.316 million, accounting for 0.34% of the Company's circulating shares. 

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

3. The last share selldown announcement of the Company was issued on November 10, 2020, with shares down 3.51% the next trading day. The Company issued a total of 12 such announcements in the past 12 months. 

(By Lan Suying) 

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