NBD AI Bulletin -- Zhejiang Huayou Cobalt Co., Ltd (SH 603799, close price: 95.7 yuan) on June 21 announced that Huayou Holding Group, which holds about 200 million shares in the Company, accounting for 16.51% of the Company's total equity, has cumulatively pledged 67.2 million shares in the Company. As of the date of the announcement, the largest shareholder Huayou Holding, the second largest shareholder Dashan and Mr. Chen Xuehua have cumulatively pledged 115 million shares, representing 32.04 of their holdings in the Company or 9.45% of the Company's total equity. These three are parties acting in concert, holding around 358 million shares in the Company, accounting for 29.49% of the Company's total equity.

The 2020 annual report shows that the main business of Zhejiang Huayou Cobalt is trade and other, lithium materials, non-ferrous metals industry, accounting for 42.7%, 36.64%, 16.91% of revenue, respectively.

Zhejiang Huayou Cobalt's chairman is Chen Xuehua, male, 60 years old, Chinese national, no overseas permanent residency, senior economist, honorary doctorate of University of Lubumbashi.

(By Gao Han)

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