NBD AI Bulletin，Fangda Carbon New Material Co., Ltd(SH 600516, closing price: 9.40 yuan) announced on the evening of May 29, 2020 that the Company received a notice from its controlling shareholder Fangda Group relating to recent moves of unfreezing pledged shares and repledging shares. After the above-mentioned moves, Fangda Group pledged collectively 355 million shares, accounting for 32.57% of the total number of its shares in the Company and 13.04% of the total number of shares of the Company.

According to the 2019 annual report, Fangda Carbon New Material Co., Ltd. mainly engages in graphite-related business and mining, accounting for 84.89% and 13.85% of its revenue, respectively.

Fangda Carbon New Material Co., Ltd.'s chairman is Dang Xijiang, a 56-year-old senior political engineer with a Master's degree. Fangda Carbon New Material Co., Ltd.'s General Manager is Zhang Tianjun, a 56-year-old engineer with a Bachelor's degree.

(By Tan Yuhan)

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