NBD AI Bulletin -- Jiangsu Sihuan Bioengineering Co., Ltd. (the Company, SZ 000518, closing price: 4.95 yuan) issued a notice on July 13 that it received a notice from the actual controller Mr. Lu Keping, saying Xu Zhi's account that he controls cumulatively reduced 10.3 million shares on July 13, 2020 through centralized bidding on the Shenzhen Stock Exchange, accounting for 1% of the Company's total share capital. Prior to the share reduction, Mr. Lu held 334.993846 million shares of the Company, accounting for 32.54% of the Company's total share capital. After the share reduction, Mr. Lu holds 324.698346 million shares of the Company, accounting for 31.54% of the Company's total share capital.

NBD AI Review: The latest shareholding reduction announcement of Jiangsu Sihuan Bioengineering Co., Ltd. was issued on June 19, 2020, and its shares were up 0.95% on the following trading day. The Company has issued six such announcements in the past 12 months.

According to the 2019 annual report, Jiangsu Sihuan Bioengineering Co., Ltd. mainly engages in medicine, commercial forest, landscape engineering, seedlings, maintenance engineering, and other businesses, accounting for 80.78%, 7.26%, 6.74%, 4.72%, 0.29%, and 0.21% of its revenue, respectively.

Jiangsu Sihuan Bioengineering Co., Ltd.'s general manager and chairman is Guo Yu, male, 32 years old, graduated from Nanjing Forestry University, with a bachelor's degree in ecology, an intermediate engineer.

(By Tan Yuhan)

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