Beijing Enlight Media: Large shareholder Ali Venture Capital plans to sell no more than 58.67 million shares

NBD AI Bulletin - Beijing Enlight Media Co., Ltd. (the Company) announced on January 25 that the Company received a notice concerning shareholding reduction from large shareholder Hangzhou Ali Venture Capital Co., Ltd. on January 23, 2021.

According to the notice, Hangzhou Ali Venture Capital Co., Ltd., which holds about 200 million shares in the Company (about 6.82% of the Company's total equity), plans to offload no more than about 58.67 million shares (or no more than 2% of the Company's total equity) via centralized bidding or bulk trading within six months after 15 trading days from the date of disclosure of this bulletin.

Beijing Enlight Media Co., Ltd.'s chairman and general manager is Wang Changtian, male, 56 years old, who received a bachelor's degree in journalism from Fudan University.

Tips on "Stock Trends":

1. The number of shares held by northbound investors increased by 37.2591 million in the past 30 days, accounting for 1.34% of the Company's circulating shares.

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

3. The most recent shareholding reduction announcement of the Company was made on September 28, 2020, with shares dropping 1.7% the second trading day. The Company in the past 12 months issued a total of 6 such announcements. 

(By Lan Suying)

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