Following the "Weibo search for husband", the divorce was finalized, and some of the company shares held were judicially frozen or even enforced, the divorce dispute between Liren Lizhuang's controlling shareholder and actual controller Huang Tao and his ex-wife Weng Shuhua has new developments.
Weng Shuhua requested property division and transferred 1/8 of the total 134 million shares of Liren Lizhuang registered under Huang Tao's name, that is, 16,747,538 shares. Based on the closing price of Liren Lizhuang on March 25, the market value of this part of the equity is approximately 136 million yuan.
The amount of divorce property division is approximately 136 million yuan
Liren Lizhuang announced on the evening of March 25 that it recently received a notice from its controlling shareholder and actual controller Huang Tao that it had received a summons, a notice of proof and a notice from the People's Court of Xuhui District, Shanghai. Notice of Respondent.
Because Huang Tao was involved in a post-divorce property dispute, his ex-wife Weng Shuhua requested property division and requested that 1/8 of the total 134 million shares of the company registered in Huang Tao's name be transferred. Based on the closing price of Liren Lizhuang on March 25, the market value of this part of the equity is approximately 136 million yuan.
However, Liren Lizhuang also announced that this lawsuit will not have a significant impact on the company's operating conditions. As of the date of the announcement, the case has not yet been heard, and it is not yet possible to determine the outcome of the lawsuit, the trial time and the impact on the company's current and subsequent profits and losses. There is uncertainty as to whether the interests of the controlling shareholder and actual controller will change. The actual founder of
was forced to retreat behind the scenes. Weng Shuhua once called on Weibo for her husband to go home.
On Women’s Day in 2021, Weng Shuhua, the wife of the chairman of Liren Lizhuang, posted a long post on Weibo, accusing her husband of being indifferent to the family for a long time. Asked, which chilled her as the founder of the company but was forced to step back behind the scenes.
At that time, this "Alibaba" company had just been listed for half a year. However, the founder of the company is not the chairman who is "too busy to go home", but Weng Shuhua, a "housewife".
She said that when they started a business together, a few years ago she was asked by Huang Tao to leave the company and go home to take care of the children and become a full-time wife. After that, Huang Tao never went home at night, even if his child was sick, he didn't care.
public information shows that Liren Lizhuang is an e-commerce agency operating company, its main business is cosmetics e-commerce retail, brand marketing services, etc. The general manager and chairman of the company are both Huang Tao.
It is reported that the earliest founder of Liren Lizhuang was Huang Tao’s wife Weng Shuhua. Huang Tao only joined after the Taobao store became popular. The media quoted people familiar with the matter as saying that Huang Tao was suffering from acute diabetes and was recuperating at home. Weng Shuhua had to take care of her children and her husband at the same time. She opened a Taobao store to supplement the family income.
Later, Huang Tao felt that the Taobao store was an opportunity, so he participated in Weng Shuhua's entrepreneurship, which gradually evolved into today's Beauty Beauty.
Weng Shuhua once said in an interview with the media that she was pregnant with her second child in 2009 and gave birth to her third child in 2012, so Huang Tao wanted Ms. Weng to choose between career and family. After much consideration, Ms. Weng finally reluctantly gave up her love and chose to go home to take care of her baby. Huang Tao made it clear at that time that he did not want her to participate in business and gatherings, so she chose to compromise and never participated in business or gatherings again.
Today, Huang Tao has become the sole leader of the company and has witnessed the great growth of Liren Lizhuang. Step by step, he led the company to complete major actions such as Alibaba's investment in shares and A-share listing, and his net worth also skyrocketed.
According to the information disclosed in the prospectus, before the listing, the company's actual controller and chairman Huang Tao directly held 37.22% of the company's shares, and indirectly held 0.13% of the company's shares through Shanghai Liren, holding a total of 37.35% of the company's shares. Alibaba, the second largest shareholder, holds 19.55% of the shares.
public information shows that Weng Shuhua is not seen in the equity structure of Liren Beauty, and Weng Shuhua does not work in the company. Perhaps she has handed over all the shares to her husband.
The company's stock price plummeted due to the "Weibo search for husband" incident.
As soon as the "Weibo search for husband" incident came out, the company's stock price plummeted.
On July 13, 2021, Liren Lizhuang received a notice from its controlling shareholder and actual controller Huang Tao that she filed a lawsuit with the Shanghai Xuhui District People's Court due to a divorce dispute between herself and her spouse Weng Shuhua. These lawsuits do not currently involve property division. As a result, Weng Shuhua filed an application for property preservation, resulting in the 1.12 million shares of the company held by Huang Tao being judicially frozen.
On November 21, 2023, Liren Lizhuang announced that the company recently received a notice from the controlling shareholder and actual controller Huang Tao that the relevant court has made an effective judgment on his personal divorce dispute with Weng Shuhua. According to the execution ruling of the People's Court of Xuhui District, Shanghai, the 10 million company shares held by Huang Tao were frozen.
On February 22, 2024, Liren Lizhuang announced that the company recently received a notice from its controlling shareholder and actual controller Huang Tao. It received an "Execution Ruling" issued by the People's Court of Xuhui District, Shanghai. According to the aforementioned ruling, According to the ruling, the 10 million frozen company shares held by Huang Tao will be subject to judicial enforcement.
At present, the market value of Liren Lizhuang is 3.2 billion yuan, and the stock price is 8.1 yuan. Compared with its historical high price of 54.89 yuan in the early days of its listing, it has fallen 85%.
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