Lu Xiang shareholder wants to reduce 5% shares

Lu Xiang shares (002192.SZ) issued a notice yesterday, the company's controlling shareholder Corong from December 13 to December 14 through a large amount of transactions, the cumulative reduction of 2.4 million shares, accounting for the company's total equity of 1.98%. After the reduction, Corong's shareholding ratio of 31.21%, still for the company's controlling shareholders.　　Corong plans to reduce the company's shares within six months from December 8, and is expected to reduce its shareholding to 5% per cent of the company's total equity. Great wisdom look at the software show that the company's 1534 times times earnings, but because the company has lithium ore, in line with the market new energy speculation boom, in the capital market attention. Huatai Securities analyst Zhou Yi that the company may not stop at battery-grade lithium carbonate production, "Lithium-ion materials Integration industry base" concept of the company's lithium business ambitions. Huatai Securities report that the company's target price of 41 yuan.