Zhuo Shengwei: One of the actual controllers, Xu Zhihan, is getting a divorce and intends to transfer 3.21% of the company's shares to Zhang Yu's name.
On February 11, Zhuo Shengwei announced that the company had recently received a notification from one of its controlling shareholders, Xu Zhihan, stating that he and Zhang Yu had mutually agreed to dissolve their marriage and make arrangements for the division of their marital property. After negotiation between Xu Zhihan and Zhang Yu, Xu Zhihan plans to transfer 17.152 million shares directly held by him to Zhang Yu, accounting for 3.21% of the total share capital of the company. On the same day, the controlling shareholder and their concerted actors issued commitment letters stating that they will not reduce their holdings in the company in any way within 6 months from the date of the commitment letter.
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