NBD AI Bulletin - Zhejiang Huayou Cobalt Co Ltd (the Company) on January 22 issued a performance forecast, expecting the Company's net profit attributable to shareholders of the listed company in 2020 to be about 1.077 billion yuan ~1.268 billion yuan. The projected increase in performance is due to the operational strategy of going upscale and industrial integration as well as the growth in output and sales of major products and rising selling prices, which accordingly boosted the profit-making ability.

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.

Tips on "Stock Trends":

1. The number of shares held by northbound investors in the Company decreased by 20.3506 million in the past 30 days, representing 1.83% 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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