A-share companies are experiencing sky-high divorces again.
On February 11, Zhuoshengwei (300782.SZ) announced that the company had recently received a notice from Xu Zhihan, one of the actual controllers, that after friendly negotiations, he and ZHANGYU (Zhang Yu) had terminated their marriage and made relevant arrangements for the division of divorce property.
Zhuo Shengwei emphasized that the above matters will lead to changes in the company's shareholders' equity, but will not lead to changes in the company's actual controller, and will not involve changes in the company's control rights.
Specifically, after consultation between Xu Zhihan and Zhang Yu, Xu Zhihan planned to divide and transfer the 17,152,005 shares of the company he directly held to Zhang Yu. Before this equity change, Xu Zhihan directly held 34,304,010 shares of the company without sales restrictions, accounting for 6.41% of the company's total share capital. Zhang Yu did not hold shares in the company before this equity change.
According to the "Divorce Property Division Agreement" signed by Xu Zhihan and Zhang Yu, Xu Zhihan divided the 17,152,005 shares of the company that he directly held without selling restrictions, accounting for 3.21% of the company's total share capital, into Zhang Yu's name; Zhang Yu directly held 17,152,005 shares of the company's shares, accounting for 3.21% of the company's total share capital.
As of the close of trading on February 11, Zhuoshengwei's latest market value was 40.2 billion yuan. Based on this calculation, Xu Zhihan distributed shares worth about 1.29 billion yuan to his ex-wife Zhang Yu.
According to the data, Xu Zhihan was born in 1972. He has a bachelor's and master's degree in computer science and technology from Tsinghua University, and a master's degree in electronic engineering from Santa Clara University in the United States. He is currently the chairman and general manager of Zhuo Shengwei. The total pre-tax remuneration received from the company in 2024 is 3.1208 million yuan.
According to the agreement between the two parties, the number of shares that Zhang Yu can sell each year shall not exceed 10% of the total number of shares held by Zhang Yu in that year. He also promised that during the period when Xu Zhihan serves as the company's director and senior manager, the shares he transfers each year shall not exceed 25% of the total number of company shares he holds. This equity change will be handled through the non-trading transfer method of China Securities Depository and Clearing Co., Ltd.
After this equity change, Xu Zhihan directly held 17,152,005 shares of the company without selling restrictions, accounting for 3.21% of the company's total share capital; Zhang Yu directly held 17,152,005 shares of the company with no selling restrictions, accounting for 3.21% of the company's total share capital.
On February 11, 2026, Zhang Yu and Xu Zhihan signed the "Voting Rights Entrustment and Concerted Action Agreement". Zhang Yu unconditionally and irrevocably entrusted all voting rights, nomination and proposal rights, participation rights, supervision and suggestion rights corresponding to the 17,152,005 shares of the company he held (accounting for 3.21% of the company's total share capital) to Xu Zhihan for exercise.
The company's shareholders Xu Zhihan, FENGCHENHUI (Feng Chenhui), and TANGZHUANG (Tang Zhuang) are the actual controllers of the company. Before this equity change, they jointly controlled 31.9% of the company's voting rights. Based on the above-mentioned "Voting Rights Entrustment and Concerted Action Agreement" signed by Zhang Yu and Xu Zhihan, the proportion of voting rights jointly controlled by the company's actual controllers after this equity change is still 31.9%. This change in equity did not result in a change in the company's actual controller, and the number of voting rights jointly controlled by the company's actual controllers did not change, and it did not involve a change in the company's control rights.
It is worth mentioning that this is not the first time that Zhuo Shengwei has encountered a "sky-high divorce case" by the actual controller. Among Zhuo Shengwei's current actual controllers, Tang Zhuang and Yi Gebing were also husband and wife.
On June 20, 2023, Zhuoshengwei announced that Tang Zhuang, one of the actual controllers of the company, and Yi Gebing had terminated their marriage and divided their property. Tang Zhuang transferred 6.14% of the company shares he held to Yi Gebing. Based on Zhuosheng Micro's closing price of 104.12 yuan per share that day, Yi Gebing will receive shares with a market value of approximately 3.411 billion yuan.
Information shows that Su Zhuosheng Microelectronics Co., Ltd. was established on August 10, 2012 and listed on the GEM of the Shenzhen Stock Exchange on June 18, 2019. The company focuses on the research, development, production and sales of radio frequency integrated circuits. It mainly provides radio frequency switches, radio frequency low noise amplifiers, radio frequency filters, radio frequency power amplifiers and other radio frequency front-end discrete devices and various module product solutions to the market. At the same time, the company also provides low-power Bluetooth microcontroller chips to the outside world.
The 2025 performance forecast previously disclosed by Zhuoshengwei shows that the company expects to achieve operating income of 3.7 billion to 3.75 billion yuan in 2025, a year-on-year decrease of 16% to 18%; the net profit attributable to shareholders of listed companies ranges from -295 million to -255 million yuan, a year-on-year decrease of 163.46% to 173.41%.
As of the close of trading on February 12, Zhuosheng Micro reported 75.2 yuan per share, an increase of 0.05%.
Senior editor of this issue Zhou Yuhua
