Core Viewpoint - The announcement from Shanghai Taihe Water Technology Development Co., Ltd. (*ST Taihe) reveals that shareholder He Wenhui has pledged 6.7948 million shares, which constitutes 56.79% of his total holdings and 6% of the company's total equity, to the controlling shareholder Beijing Xinxin Xuancan Technology Center (Limited Partnership) [1][2] Group 1: Share Pledge Details - He Wenhui, the founder and former actual controller of *ST Taihe, holds a total of 11.9639 million shares, representing 10.56% of the company's total equity [1] - The pledged shares amount to 6.7948 million, with 472.12 million shares frozen and not pledged [1] Group 2: Impact on Company Operations - Company representatives stated that the current business operations are normal and that the share pledge has not significantly impacted production, operations, or corporate governance [2] Group 3: Legal and Financial Context - In 2018, *ST Taihe entered into an agreement with Huachong Fund, which included performance compensation clauses, requiring the company to achieve a net profit of no less than 180 million yuan and a net cash flow from operating activities of at least 50 million yuan [3][4] - The company reported a net profit of 84.0198 million yuan for 2018, falling short of the agreed performance, leading to a compensation obligation of 67.8648 million yuan for He Wenhui [4][5] Group 4: Legal Proceedings - Huachong Fund filed a lawsuit in January 2023 due to unpaid compensation, resulting in the judicial freeze of 472.12 million shares held by He Wenhui [5] - The first-instance ruling in December 2024 rejected all claims from Huachong Fund, stating that the performance compensation agreement was invalid due to public order and good morals [6][7] - The second-instance ruling in May 2025 ordered He Wenhui to pay 65.86 million yuan in compensation and penalties, leading him to apply for a retrial [6][7]
因诉讼纠纷被冻结股份 *ST太和股东何文辉又质押679.48万股股份
Zheng Quan Ri Bao Wang·2025-06-14 03:50