NBD AI Bulletin -- Western Securities Co., Ltd. (the Company, SZ 002673, closing price: 9.68 yuan) announced on September 25 that the Company and the companies controlled by it did not reduce their holdings in the Company from six months prior to the date when the board first reviewed the Company's plan of non-public offering of shares (i.e. April 1, 2020) to the date of this promise. 

From the date of this promise to six months after the completion of the non-public offering of shares, the Company and the companies controlled by it shall not reduce their holdings in the Company in any way, nor shall they arrange any reduction plan.

The Company and companies controlled by it will strictly follow the CSRC's share reduction rules of listed companies' shareholders and senior management personnel and relevant provisions stipulated by the Shenzhen Stock Exchange. No action of the Company has violated Article 44 of the Securities Law of China.

According to the semi-annual report of 2020, Western Securities Co., Ltd. mainly engages in securities brokerage, securities investment, investment banking, other, asset management, accounting for 49.19%, 37.71%, 7.78%, 5.21%, and 0.72% of its revenue, respectively.

Western Securities Co., Ltd.'s chairman is Xu Zhaohui, female, 47 years old, with a master's degree. The Company's general manager is He Fang, male, 44 years old, with a master's degree.

Tips on "Stock Trends":

1. The number of shares held by northbound investors decreased by 721,400 in the past 30 days, representing 0.02% of the Company's circulating shares. 

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

3. The last share reduction announcement of Western Securities Co., Ltd. was issued on September 19, 2020, and its share price fell 0.21% on the following trading day. The Company issued a total of 3 such announcements in the past 12 months. 

(By Tan Yuhan)

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