NBD AI Bulletin - China Northern Rare Earth (Group) High-Tech Co Ltd ("the Company", SH 600111, closing price: 12.41 yuan) announced in the afternoon of November 20 that it was notified the Company's shareholder Jiaxin Co., Ltd. has completed its share selldown plan. According to the notice received, the shareholder offloaded its 36 million shares in the Company, or about 0.9909% of the Company's total shares, at a price of between 9.83 yuan/share and 14.80 yuan/share.

The 2019 annual report shows that China Northern Rare Earth (Group) High-Tech Co Ltd mainly engages in commerce and industrial business, accounting for 51.07%, 48.37% of its revenue, respectively.

China Northern Rare Earth (Group) High-Tech Co Ltd's chairman is Zhao Dianqing, male, 58 years old, bachelor's degree. China Northern Rare Earth (Group) High-Tech Co Ltd's general manager is Li Jinling, male, 52 years old, doctoral candidate, senior economist.

Tips on "Stock Trends":

1. The number of shares held by northbound investors in the Company decreased by 1.7542 million in the past 30 days, representing 0.04% of the Company's circulating shares;

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

3. The Company last released a share reduction announcement on August 7, 2020, with shares down 6.09% on the following trading day. The Company issued a total of 5 such announcements in the past 12 months.

(By Lan Suying)

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