NBD AI Bulletin -- Zhejiang Huayou Cobalt Co., Ltd (SH 603799, closing price: 83.1 yuan) on January 18 announced that the Company's shareholder Zeyou (Tongxiang) Equity Investment has completed its stock reduction plan, during which the shareholder offloaded about 7.77 million shares at the price of 82.61 yuan~97.30 yuan per share. The shares account for 0.68% of the Company's total equity.

The 2019 annual report shows that the main business of Zhejiang Huayou Cobalt is trade, lithium materials, non-ferrous metals industry, accounting for 43.93%, 37.09%, 16.89% of revenue, respectively.

Zhejiang Huayou Cobalt's chairman is Chen Xuehua, male, 60-year-old, Chinese national, no overseas permanent residency, senior economist, honorary doctorate of University of Lubumbashi. Zhejiang Huayou Cobalt's general manager is Chen Hongliang, male, 48 years old, Chinese national, no overseas permanent residence, bachelor's degree.

(By Gao Han)

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