NBD AI Bulletin -- Chacha Food Company, Limited (the Company, SZ 002557, closing price: 56.3 yuan) announced on the evening of July 13 that Hefei Huatai Group Co., Ltd. (Huatai Group), the controlling shareholder of the Company, pledged 12 million shares on July 10, 2020, representing 5.68% of its holdings in the Company. As of the date of this announcement, Huatai Group holds approximately 211 million shares of the Company, accounting for about 41.64% of the Company's total shares. Among them, a total of 43.2 million shares of the Company have been pledged by Huatai Group, accounting for 20.46% of its total holdings in the Company and 8.52% of the Company's total share capital.

According to the 2019 annual report, Chacha Food Company, Limited mainly engages in snacks, accounting for 98.9% of its revenue.

Chacha Food Company, Limited's general manager and chairman is Chen Xianbao, male, 61 years old, Chinese national, no permanent residence abroad, with a master's degree.

(By Tan Yuhan)

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