STO Express: Shareholder offloads cumulatively about 15.74 million shares

NBD AI Bulletin -- STO Express Co., Ltd (SZ 002468, close price: 9.32 yuan) announced on April 7 that the Company on the day received a notice from shareholder Nantong Hongshi, saying that the latter has reduced its holdings by about 15.74 million shares from November 11, 2020 to April 7, 2021 at the price of 10.98 yuan each. The shares reduced account for 1.0283% of the Company's total equity. And number of shares offloaded has been half of the planned stock reduction.

The 2020 semiannual report shows that STO Express' main business for the express industry, accounting for 100.0% of revenue.

STO Express' chairman is Chen Dejun, male, 51 years old, Chinese national, no overseas permanent residency, bachelor's degree. STO Express' general manager is Wang Wenbin, male, 59 years old, PhD.

(By Gao Han)

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