Beauty Beautiful Makeup: The shares held by the controlling shareholder and actual controller Huang Tao have been judicially frozen.
Liren Lizhuang announced that the company's controlling shareholder and actual controller, Huang Tao, has had 16,747,538 shares of the company frozen by judicial order, accounting for 12.88% of his direct shareholding and 4.18% of the total share capital of the company. The reason for the freeze is a divorce dispute between Huang Tao and his spouse. The freezing of these shares is primarily due to the divorce dispute between Huang Tao and Weng Shuhua, and it will not have a significant impact on the company's operations. At present, it will not lead to a change in the company's controlling rights.
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