NBD AI Bulletin - Hongfa Technology Co Ltd (the Company, SH 600885, close price: 51.55 yuan) announced on February 26 that the Company's shareholder Lianfa (Group) Co., Ltd. has completed its shareholding reduction plan, having offloaded 7.0858 million shares (about 0.95% of the Company's total number of shares) at a price of 48.30 yuan/share and 53.88 yuan/share.
The 2019 annual report shows that Hongfa Technology's main business is industry, accounting for 96.79% of revenue.
Hongfa Technology's general manager and chairman is Guo Manjin, male, 73 years old, secondary technical school education.
Tips on "Stock Trends":
1. The number of shares held by northbound investors in the Company increased by 34.0530 million in the past 30 days, representing 4.58% of the Company's circulating shares.
2. There was no institutional research on the Company in the past 30 days.
3. The most recent shareholding reduction announcement of the Company was issued on January 16, 2021, with shares dropping by 0.02% the following trading day. The Company issued a total of 16 such announcements in the past 12 months.
(By Lan Suying)
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