NBD AI Bulletin -- China TransInfo Technology Co., Ltd. (the Company, SZ 002373, closing price: 22.03 yuan) announced on September 25 that the Company recently received a notice from its controlling shareholder Mr. Xia Shudong and learned that Mr. Xia Shudong conducted pledged-style repo and share release businesses.

On September 23, 2020, shareholder Xia Shudong released 21.26 million shares originally pledged to Shanghai Haitong Securities Asset Management Co., Ltd., accounting for 8.87% of his holdings. On September 23, 2020, Xia Shudong pledged 21.88 million shares, accounting for 9.13% of his holdings.

As of the date of this announcement, the total number of shares pledged by Xia Shudong is about 95.41 million, representing 39.8% of his holdings. The total number of shares pledged by shareholder Xia Shufeng is about 6.13 million, accounting for 28.16% of his holdings.

According to the 2020 semi-annual report, China TransInfo Technology Co., Ltd. mainly engages in smart transportation and intelligent security, accounting for 52.74% and 47.26% of its revenue, respectively.

China TransInfo Technology Co., Ltd.'s chairman is Xia Shudong, male, 48 years old, Ph.D. of Peking University. The Company's general manager is Pan Fan, male, 38 years old, graduated from Huazhong University of Science and Technology, EMBA student of PBC School of Finance, Tsinghua University. 

Tips on "Stock Trends":

1. The number of shares held by northbound investors decreased by 1.1059 million in the past 30 days, representing 0.1% 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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