NBD AI Bulletin - Sansteel Minguang Co., Ltd., Fujian ("the Company", SZ 002110, closing price: 7.14 yuan) announced on November 27 that controlling shareholder Fujian Sansteel (Group) Co., Ltd. plans to continue increasing its stake in the Company via centralized bidding, block trade and other means through the Shenzhen Stock Exchange system in the next 6 months starting from November 27, 2020. The fund earmarked for the plan is not less than 250 million yuan but not more than 500 million yuan, including the 199 million yuan used to load up on the Company by buying around 27.86 million shares during the period from November 18, 2020 to November 26, 2020.  

The semi-annual report shows that the Company mainly engages in metallurgical manufacturing, accounting for 89.46% of its revenue.

Sansteel MinGuang Co., Ltd., Fujian's chairman is Li Lizhang, male, 56, college degree, senior engineer, Chinese national. The Company's general manager is Lu Fangying, male, 57, undergraduate degree, professorate senior engineer, Chinese national.

Tips on "Stock Trends":

1. The number of shares held by northbound investors in the Company increased by 27.4443 million in the past 30 days, representing 1.25% of the Company's circulating shares.

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

(By Lan Suying)

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