NBD AI Bulletin - Shanxi Meijin Energy Co., Ltd. ("the Company", SZ 000723, closing price: 6.77 yuan) announced on December 3 that the Company recently received a notice concerning the partial release of pledged shares from its large shareholder Meijin Energy Group.

On December 2, 2020, Meijin Energy Group released the pledge of 6.8 million shares that were originally pledged to Great Wall Glory Securities, accounting for 0.3% of its holdings. As of the date of this announcement, Meijin Energy Group has cumulatively pledged about 2.257 billion shares, representing 98.67% of its holdings.

According to the semi-annual report of 2020, Shanxi Meijin Energy Co., Ltd. mainly engages in coking, coal, new energy, and other business, accounting for 88.04%, 6.16%, 5.63%, and 0.14% of its revenue, respectively.

Shanxi Meijin Energy Co., Ltd.'s chairman is Yao Jinlong, male, 46 years old, graduated from the State University of New York at Buffalo and Rensselaer Polytechnic Institute, EMBA of Nankai University. The Company's general manager is Yao Junqing, male, 54 years old, bachelor's degree, engineer.

Tips on "Stock Trends":

1. The number of shares held by northbound investors increased by 44.4241 million in the past 30 days, representing 1.18% of the Company's circulating shares.

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

(By Lan Suying)

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