Muyuan Foods: Chairman Qin Yinglin extends pledge of 7.65 mln shares and releases 17.85 mln shares

Origin:NBD

NBD AI Bulletin,Muyuan Foods Co., Ltd. (the Company, SZ 002714, closing price: 69.52 yuan) announced on the evening of June 8 that its controlling shareholder Qin Yinglin had extended the pledge of 7.65 million, or 0.51% of his shares in the Company to June 5, 2021. On June 5, 2020, Qin released 17.85 million shares of the Company that pledged to Guotai Junan Securities, representing 1.2% of his shares. As of the date of this announcement, the cumulative number of pledged shares of Qin is 186 million, accounting for 12.51% of shares in the Company.

According to the 2019 annual report, Muyuan Foods Co., Ltd.'s main businesses are farming and others, accounting for 97.06%, 2.79% of its revenue, respectively.

Muyuan Foods Co., Ltd.'s Chairman and General Manager is Qin Yinglin: male, 55 years old, Chinese nationality, no permanent residence abroad, with a Bachelor's degree in animal husbandry at Henan Agricultural University, founding school board member of Westlake University.

(By Tan Yuhan)

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