NBD AI Bulletin -- Nanyang Topsec Technologies Group Inc (the Company, SZ 002212, closing price: 20.22 yuan) announced on November 24 that the Company recently received a notice from Mongtai Capital, which holds over 5% stake in the Company, over share issue.

On November 20, 2020, Mingtai Capital released 2.4 million shares of the Company originally pledged to Shenwan Hongyuan Securities Co., Ltd., accounting for about 2.66% of its holdings. On November 23, 2020, Mingtai Capital released 6 million shares of the Company originally pledged to Shenwan Hongyuan Securities Co., Ltd., accounting for about 6.65% of its holdings. As of the date of this announcement, Mingtai Capital has cumulatively pledged a total number of about 72.6 million shares, accounting for about 80.44% of its holdings.

The Company's 2020 semi-annual report shows that Nanyang Topsec Technologies Group Inc mainly engages in wire and cable, and network security, accounting for 82.63%, 17.09% of its revenue, respectively.

Nanyang Topsec Technologies Group Inc's chairman and general manager is Li Xueying, female, 46 years old, Chinese national, no permanent residence abroad, Ph.D.

Tips on "Stock Trends":

1. The number of shares held by northbound investors increased by 541,000 in the past 30 days, representing 0.09% 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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