NBD AI Bulletin -- New Hope Liuhe Co., Ltd. (the Company, SZ 000876, lastest price: 25.89 yuan) announced on November 20 that the Company's controlling shareholder New Hope Group and its person acting in concert have cumulatively reduced 4,624,262 "hope convertible bonds" through block trading on the secondary market on July 14, 2020 and from November 9, 2020 to November 18, 2020, accounting for 11.56% of the total. 

After this reduction, New Hope Group and Li Wei's convertible bonds reduction plan has been completed. New Hope Group and its person acting in concert now collectively hold 3,430,422 convertible bonds of the Company, accounting for 8.58% of the total.

According to the Company's semi-annual report of 2020, New Hope Liuhe Co., Ltd. mainly engages in animal feed, poultry farming, pig farming, food, and trade, accounting for 50.53%, 20.31%, 15.54%, 9.25%, 3.85% of its revenue, respectively.

New Hope Liuhe Co., Ltd.'s chairman is Liu Chang, female, 40 years old, EMBA holder. New Hope Liuhe Co., Ltd.'s president is Zhang Minggui, male, 38 years old, graduated from China University of Geosciences, bachelor of accounting, MBA holder. 

Tips on "Stock Trends":

1. The number of shares held by northbound investors increased by 7.8239 million in the past 30 days, representing 0.17% of the Company's circulating shares. 

2. Two batches of institutions (20 in total) conducted researches on the Company in the past 30 days. 

3. The last share reduction announcement of New Hope Liuhe Co., Ltd. was issued on September 05, 2020, and its share price fell 8.92% on the following trading day. The Company issued a total of 6 such announcements in the past 12 months. 

(By Tan Yuhan)

Disclaimer: The content and data of this article are for reference only and do not constitute investment advice. Please verify before use. Any action you take upon the information on this website is at your own risk.