Guoxuan High-Tech: Actual controller Li Zhen releases pledge of 6.2 million shares

NBD AI Bulletin -- Guoxuan High-Tech Co., Ltd (SZ 002074, close price: 36.3 yuan) on April 7 announced that the Company's actual controller on April 2, 2021 released 6.2 million shares that were pledged to Huaan Securities, accounting for 4.6% of his holdings in the Company. As of the date of the announcement, the Company's controlling shareholder Guoxuan Holdings has cumulatively pledged about 114 million shares, accounting for 58.22% of its holdings in the Company, and Li Zhen has cumulatively pledged about 53.94 million shares, accounting for 40% of his holdings in the Company.

The 2020 semiannual report shows that the main business of Guoxuan High-Tech is the battery, transmission and distribution and control equipment manufacturing industry, accounting for 92.55%, 4.82% of revenue, respectively.

Guoxuan High-Tech's chairman and general manager is Li Zhen, male, 57 years old, Chinese national, EMBA of Cheung Kong Graduate School of Business.

(By Gao Han)

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