HANDLER(SZ:300201) Hua Xia Shi Bao·2025-08-20 09:53Core Viewpoint - The ongoing legal disputes surrounding the "seal-snatching" incident involving Helen Zhe continue to unfold, with the founder Ding Jianping suing former chairman Jin Shiwei for damages related to asset sales that allegedly caused significant financial losses to the company [2][4][6]. Group 1: Background of the Incident - The "seal-snatching" incident began in October 2021 when Ding Jianping and his team allegedly took control of the company's seals and announced a temporary management group, leading to a public dispute with Jin Shiwei [5][6]. - The conflict escalated after Jin Shiwei, who gained control of Helen Zhe in 2020, sold the company's subsidiary Shenzhen Lianshuo Automation Technology Co., Ltd. for a nominal price of 1 yuan, which Ding Jianping claims caused substantial economic damage to the company [4][9]. Group 2: Legal Proceedings - On August 15, 2023, Ding Jianping, representing Jiangsu Electromechanical Research Institute, filed a lawsuit against Jin Shiwei and Zhongtianze Holdings, seeking 30 million yuan in compensation for the alleged damages caused by the asset sale [2][7]. - The legal battle has seen various developments, including the withdrawal of a previous lawsuit by Helen Zhe against Jin Shiwei and Zhongtianze, which was attributed to the new major shareholder, Haide Capital, seeking a more conciliatory approach [6][7]. Group 3: Financial Implications - The sale of Shenzhen Lianshuo was part of a broader issue involving financial mismanagement and alleged fraud, with the company later admitting to financial irregularities that inflated profits during the years 2016-2019 [10][11]. - The financial losses attributed to the sale and the subsequent fallout have led to significant scrutiny from regulatory bodies, with the company facing administrative penalties related to the financial misconduct of its subsidiaries [12][13]. Group 4: Current Status - As of November 2023, Zhongtianze Holdings has begun to reduce its stake in Helen Zhe, currently holding only 0.89% of the shares, indicating a potential exit from the company [6][14]. - Ding Jianping's ongoing legal actions and reports of other business misconduct involving Jin Shiwei suggest that the conflict may continue to impact the company's reputation and operational stability [8][9].