Taihe(SH:605081) Zheng Quan Zhi Xing·2025-06-05 13:14Core Viewpoint - The announcement details the judicial freezing of shares held by shareholder He Wenhui, which has implications for the company's governance and financial obligations [1][3][4] Group 1: Shareholder Information - He Wenhui holds 11,963,918 shares, representing 10.56% of the company's total shares, with 4,721,218 shares, or 4.17%, currently frozen [1] - The freezing of shares is a result of a lawsuit initiated by Huachong Fund against He Wenhui regarding a performance compensation agreement [1][2] Group 2: Legal Proceedings - The Shanghai Jing'an District Court ruled that the performance compensation agreement's valuation adjustment and compensation method are part of a "betting agreement" and deemed it invalid due to public order considerations [3][4] - The court's first-instance judgment was appealed by Huachong Fund, leading to a second-instance ruling by the Shanghai Financial Court, which upheld the validity of the performance compensation agreement [3][4] Group 3: Financial Implications - The Shanghai Financial Court ordered He Wenhui to pay Huachong Fund a cash compensation of 65,864,800 yuan and a penalty of 12,894,312 yuan, along with additional daily penalties until full payment [4] - The company has applied for a retrial regarding the freezing of shares, which has not significantly impacted its operations or governance [4]