Cover news reporter Zhu Ning reported on the evening of March 25 that Liren Beauty announced that it had recently received notice from its controlling shareholder and actual controller Huang Tao that it had received a summons, a notice of evidence and a notice of response from th

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cover news reporter Zhu Ning

On the evening of March 25, Liren Beauty announced that it had 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 of response from the People's Court of Xuhui District, Shanghai. Book. 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.

Couple started a business together

After the company went public, they divorced and went to court

Public information shows that Liren Lizhuang was formerly a "Taobao husband and wife store" founded by Huang Tao and his wife Weng Shuhua in 2007. According to the social platform introduction of "Beauty Beauty Weng Shuhua", she is the number 001 of Beauty Beauty. It is mainly engaged in e-commerce retail business and brand marketing operation services. In fact, it helps brands open online counters, including many well-known brands such as Sulwhasoo, Shu Uemura, hera, sisley, fresh, etc.

In 2010, Liren Lizhuang was officially established and headquartered in Shanghai. In 2012, Liren Beauty ushered in the most critical turning point and introduced Alibaba as a strategic shareholder. That year, Alibaba Venture Capital invested 45 million yuan to acquire 20% of the equity of Liren Lizhuang. Just three years later, Alibaba Group took action again, investing 114.7256 million yuan to purchase 5.3% of the equity of Liren Lizhuang. At that time, the valuation of Liren Lizhuang rose to 2.165 billion yuan.

On September 29, 2020, Liren Lizhuang successfully listed on the A-share market, with an issue price of 12.23 yuan per share and actual raised funds of 489 million yuan. Since the first day of listing, the company's stock price has risen directly to a maximum of 54.89 yuan per share after the company has been trading at the daily limit for 12 consecutive trading days. The company's total market value has exceeded 22 billion.

However, it is easy for entrepreneurial couples to share hardships together, but it is more difficult to share hardships after a successful career. On March 8, 2021, which coincidentally happened to be Women’s Day, Weibo user "美人丽庄王淑华" posted a long article looking for her husband, saying Her husband is Huang Tao, the chairman of Liren Lizhuang, but he has not been home for a long time, so he had to post a message on Weibo to find his husband.

Later on July 13 of that year, Liren Lizhuang announced that it had received a notice from its controlling shareholder and actual controller Huang Tao, who filed a lawsuit with the People's Court of Xuhui District, Shanghai due to the divorce dispute between himself and his spouse Weng Shuhua. Such lawsuits are currently It did not involve property division, so 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.

performance turned losses into profits

stock price continued to fall

html On January 30, Beauty Beauty disclosed its 2023 performance forecast. Benefiting from factors such as business growth in emerging channels, smooth progress in incubating brands, improvement in inventory structure, and overall cost control, the company expects to achieve a net profit attributable to shareholders of 28 million yuan to 35 million yuan for the full year, turning losses into profits.

Liren Lizhuang stated that the company’s net profit attributable to shareholders of listed companies in 2023 will turn from losses to profits in 2022, mainly due to the growth of the company’s emerging channel business, smooth progress in incubating brands, improvement of inventory structure and overall cost control.

Cover news reporter Zhu Ning reported on the evening of March 25 that Liren Beauty announced that it had recently received notice from its controlling shareholder and actual controller Huang Tao that it had received a summons, a notice of evidence and a notice of response from th - Lujuba

In terms of stock price, its stock price hit a new high shortly after its listing and continued to fall. In addition, Liren Lizhuang issued a change announcement on February 5. The company’s stock price dropped on February 1, February 2 and February 5, 2024. The cumulative deviation of the daily closing price decline for three consecutive trading days exceeds 20%. According to the relevant regulations of the Shanghai Stock Exchange, it is an abnormal fluctuation in stock trading.

As of the close of trading on March 27, Liren Lizhuang's stock price closed at 7.80 yuan, which has fallen by more than 80% from its historical high price of 54.89 yuan in the early days of listing, leaving a total market value of only 3.22 billion yuan.

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