NBD AI Bulletin -- Shanghai Putailai New Energy Technology Co., Ltd. (the Company, SH 603659, closing price: 104.61 yuan) announced on August 11 that its controlling shareholder Liang Feng released 16.6 million pledged shares on August 7, 2020 and August 10, 2020.

Liang Feng directly holds about 131 million shares in the Company, representing about 30.08% of the Company's total share capital. After the share release, the cumulative number of shares pledged by Liang is about 11.15 million, accounting for 8.52% of his direct holdings in the Company and 2.56% of the Company's total share capital.

The 2019 annual report shows that Shanghai Putailai New Energy Technology Co., Ltd. mainly engages in lithium battery materials and equipment, accounting for 99.82% of its revenue.

Shanghai Putailai New Energy Technology Co., Ltd.'s chairman is Liang Feng, male, 52 years old, Chinese national, no permanent residence abroad, master's degree. Shanghai Putailai New Energy Technology Co., Ltd.'s general manager is Chen Wei, male, 49 years old, Chinese national, no permanent residence abroad, bachelor's degree.

Tips on "stock trends":

1. The number of shares held by northbound investors increased by 776,900 shares over the past 30 days, representing 0.41% of the Company's circulating shares.

2. There is no institutional research on the Company over the past 30 days.

(By Tan Yuhan)

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