NBD AI Bulletin -- Xiamen Tungsten Co., Ltd (SH 600549, close price: 17.89 yuan) on April 16 announced that the Company recently received a notice from one of its shareholders, saying that the latter offloaded about 17.78 million shares from February 1, 2021 to February 10, 2021 at the price of 14.72 yuan~20.83 yuan each and the share reduced account for 1.25% of the Company's total equity.

The 2020 annual report shows that the main business of Xiamen Tungsten is battery materials, tungsten and molybdenum and other non-ferrous metal products industry, rare earth business, real estate and supporting management, accounting for 43.22%, 37.62%, 15.77%, 0.56% of revenue, respectively.

Xiamen Tungsten's chairman is Huang Changgeng, male, 56, master's degree, senior engineer. The Company's president is Wu Gaochao, male, 54, Ph.D. Chinese national, senior engineer.

(By Gao Han)

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