NBD AI Bulletin - Lomon Billions Group Co Ltd (the Company, SZ 002601, close price: 41.66 yuan) announced on March 1 that after the completion of the private placement, the Company will have about 208 million new shares, which will be issued at 10.91 yuan/share to raise about 2.265 billion yuan. The new shares will be listed on the Shenzhen Stock Exchange on March 3, 2021. The target investor of the private placement, Xu Gang, shall not transfer the subscribed shares within 18 months from the date of issuance of the shares.

The 2019 annual report shows that Lomon Billions Group Co Ltd mainly engages in the manufacturing of chemical raw materials and chemicals, accounting for 97.71% of its revenue.

Lomon Billions Group Co Ltd's president and chairman is Xu Gang, male, 58 years old, Chinese national, no overseas permanent residency, postgraduate degree.

Tips on "Stock Trends":

1. The number of shares held by northbound investors in the Company decreased by 2.3382 million in the past 30 days, representing 0.16% 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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