Orient Zirconium's two executives collectively reduce holdings by 1,453,800 shares

Radar Finance | Feng Xiuyu Edited by Li Yihui

On March 9, Guangdong Oriental Zirconium Industry Technology Co., Ltd. (Stock abbreviation: Oriental Zirconium, Stock code: 002167) announced the implementation of share reductions by Mr. Feng Liming, the company’s director and general manager, and Mr. Gan Xuexian, a director and executive deputy general manager. Mr. Feng Liming reduced 1.1538 million shares through centralized bidding, accounting for 0.15% of the total share capital, at an average price of 15.73 yuan per share; Mr. Gan Xuexian reduced 300,000 shares, accounting for 0.04% of the total share capital, at an average price of 14.76 yuan per share.

As of the disclosure date of this announcement, the share reduction plan has been completed. The reason for this reduction is that the shares originated from the 2021 restricted stock incentive plan grants and additional holdings in the secondary market. This reduction will not affect the company’s control rights, nor will it have a significant impact on the company’s governance structure or ongoing operations.

According to Tianyancha, Oriental Zirconium was established on November 10, 1995, with a registered capital of 774.6733 million RMB. The legal representative is Feng Liming. The registered address is the comprehensive building of the Oriental Zirconium Industry Park, Dingyang Road North, Yanhong Town, Chenghai District, Shantou City. Its main business involves the research, production, and sales of zirconium series products.

Currently, the company’s chairman is Shen Qingfei, the secretary of the board is Zhang Yalin, with 1,074 employees, and the actual controller is Xu Ran.

The company has stakes in 10 affiliated companies, including Shantou Dongzhuo Technology Service Co., Ltd., Jiaozuo Dongzhuo New Materials Co., Ltd., Shandong Dongzhuo New Materials Co., Ltd., Lechang Dongzhuo New Materials Co., Ltd., Yunnan Dongzhuo New Materials Co., Ltd., among others.

In terms of performance, the company’s operating revenue for 2022, 2023, and 2024 was 1.37 billion yuan, 1.446 billion yuan, and 1.543 billion yuan, respectively, with year-on-year growth rates of 6.48%, 5.56%, and 6.72%. The net profit attributable to shareholders was 99.006 million yuan, -77.633 million yuan, and 177 million yuan, with year-on-year changes of -34.22%, -178.37%, and 327.81%. During the same period, the company’s asset-liability ratio was 55.37%, 59.97%, and 37.29%.

Regarding risks, Tianyancha data shows the company has 274 internal Tianyan risks, 5,574 surrounding risks, 77 historical risks, and 117 warning alert risks.