NBD AI Bulletin -- Shanxi Meijin Energy Co., Ltd. (the Company, SZ 000723, closing price: 6.61 yuan) announced on November 17 that the Company recently received a notice from its largest shareholder Meijin Energy Group over share pledge and release issues.

On November 16, 2020, Meijin Energy Group released 5 million shares of the Company originally pledged to Great Wall Glory Securities, accounting for 0.22% of its holdings. On the same day, Meijin Energy Group pledged 25 million shares of its holdings to the Taiyuan Branch of JC Bank, accounting for 1.1% of its holdings. As of the date of this announcement, Meijin Energy Group has cumulatively pledged about 2.264 billion shares, representing 98.96% of its holdings.

According to the semi-annual report of 2020, Shanxi Meijin Energy Co., Ltd. mainly engages in coking, coal, new energy, and other sectors, accounting for 88.04%, 6.16%, 5.63%, and 0.14% of its revenue, respectively.

Shanxi Meijin Energy Co., Ltd.'s chairman is Yao Jinlong, male, 46 years old, graduated from the State University of New York at Buffalo and Rensselaer Polytechnic Institute, EMBA of Nankai University. The Company's general manager is Yao Junqing, male, 54 years old, bachelor's degree, engineer.

Tips on "Stock Trends":

1. The number of shares held by northbound investors increased by 6.641 million in the past 30 days, representing 0.18% of the Company's circulating shares. 

2. There was no institutional research on the Company in the past 30 days. 

(By Tan Yuhan)

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