NBD AI Bulletin -- China Jushi Co., Ltd (SH 600176, close price: 18.3 yuan) on April 16 announced that the Company's shareholder Zhenshi Holding Group on April 14, 2021 released the pledge of about 111 million shares. The shareholder pledged 75.88 million shares on April 15, 2021, accounting for 13.89% of its holdings in the Company. As of the date of the announcement, Zhenshi Holding Group has pledged cumulatively about 475 million shares, representing 86.98% of its holdings in the Company or13.56% of the Company's total equity,

The 2020 annual report shows that the main business of China Jushi is glass fiber yarn and products, other industries, accounting for 94.68%, 3.56% of revenue, respectively.

China Jushi's chairman is Cao Jianglin, male, 55 years old, Master of Business Administration. China Jushi's general manager is Zhang Yuqiang, male, 66 years old, professor-level senior engineer, MBA of Zhejiang University of Technology.

(By Gao Han)

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