NBD AI Bulletin -- Songcheng Performance Development Co., Ltd. (the Company, SZ 300144, closing price: 17.82 yuan) announced on August 11 that the Company's controlling shareholder Hangzhou Songcheng Group Holding Co., Ltd., the actual controller Mr. Huang Qiaoling and the person acting in concert held a total of 130,8141,522 shares in the Company, accounting for 50.03% of the Company's total share capital.

According to the share reduction plan, the actual controller Huang Qiaoling and the person acting in concert plan to reduce no more 105 million shares through block trading, accounting for no more than 4% of the Company's total share capital. 

The 2019 annual report shows that Songcheng Performance Development Co., Ltd. mainly engages in culture and arts-live performing, culture and arts-Internet performing, and tourism services, accounting for 71.64%, 14.68%, and 13.68% of its revenue, respectively.

Songcheng Performance Development Co., Ltd.'s chairman is Huang Lingqiao, male, senior economist, Chinese national, no permanent residence abroad. The president of Songcheng Performance Development Co., Ltd. is Zhang Xian, female, graduate degree, Chinese national.

Tips on "stock trends":

1. The number of shares held by northbound investors decreased by 27.1041 million over the past 30 days, representing 1.22% of the Company's circulating shares;

2. One batch of institutions (46 in total) conducted researches on the Company in the past 30 days.

(By Tan Yuhan)

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