On March 17, Wang Gang, the controlling shareholder of xinjingang (securities code: 300629), pledged 2.626 million shares to Northeast Securities for personal capital demand.
2.626 million shares were pledged, accounting for 8.19% of the company’s shares and 2% of the company’s total share capital. The pledge period is from March 16, 2021 to September 10, 2021.
According to the announcement, Wang Gang held 32056454 shares of the company, accounting for 24.37% of the total share capital of the company. A total of 17575999 shares have been pledged, accounting for 54.83% of the shares held by them and 13.36% of the total share capital of the company.
According to the company’s 2020 annual report, the company’s net profit attributable to the shareholders of Listed Companies in 2020 was 50115901.21 yuan, turning losses into profits over the same period of last year.
According to digbei.com, xinjingang’s main businesses are metal based superhard material products, military electronics and new military materials.