Northwest bearing major shareholder transfer 20% shares approved

Northwest Bearing (000595.　　SZ) February 16 announced that the company's major shareholder China Great Wall Asset Management company will hold its northwest bearing 43.3659 million shares to Ningxia Pagoda Petrochemical Group Co., Ltd. approved by the Ministry of Finance.　　The announcement said that after the transfer of equity, the company's total share capital unchanged, Ningxia Pagoda Petrochemical Group will hold 43.3659 million shares, accounting for the company's total equity of 20%, become the company's largest shareholder, China Great Wall Asset management company will hold 38.5515 million shares, accounting for the company's total capital of 17.78%. Northwest bearing received 13.43 Yuan yesterday, down 1.61%.