NBD AI Bulletin -- Wingtech Technology Co., Ltd. (the Company, SH 600745, closing price: 116.23 yuan) announced on September 25 that the company received a notice from its controlling shareholder Lhasa Economic and Technological Development Zone Wen Tianxia Investment Co., Ltd. (Wen Tianxia) on September 25, 2020 over share pledge.

Wen Tianxia pledged 17 million shares on September 24, 2020, accounting for 11.04% of its holdings in the Company. Wen Tianxia and its person acting in concert Mr. Zhang Xuezheng collectively hold about 191 million unrestricted shares, accounting for 15.34% of the Company's total share capital.

After this pledge, Wen Tianxia and its person acting in concert Zhang Xuezheng have cumulatively pledged 77 million shares, accounting for 40.33% of the Company's total shares and 6.19% of the Company's total share capital. 

According to the 2019 annual report, Wingtech Technology Co., Ltd. mainly engages in communications, semiconductors, and other, accounting for 95.69%, 3.83%, and 0.3% of its revenue, respectively.

Wingtech Technology Co., Ltd's president and chairman is Zhang Xuezheng, male, graduated from Tsinghua University.

Tips on "Stock Trends":

1. The number of shares held by northbound investors increased by 2.3049 million, representing 0.37% of the Company's circulating shares. 

2. There was no institutional research on the Company in the past 30 days. 

(By Tan Yuhan)

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