Shennong Group (605296.SH): Actual controller He Zuxun reaches mediation in divorce lawsuit, 78.305 million company shares to be divided
Zhitong Finance APP News: Shennong Group (605296.SH) announced that controlling shareholder and actual controller He Zuxun and Luo Wanyu reached a mediation in their litigation, and both parties voluntarily dissolved their marriage. Of the 261 million shares of the company held by He Zuxun, 30%, or 78.305 million shares, will belong solely to Luo Wanyu. The two parties signed a concerted action agreement and will jointly comply with the regulations regarding share reductions by controlling shareholders and actual controllers. The company's actual controller has not changed, and there is no major impact on production and operations.
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