Core Viewpoint - The announcement from Zhidu Co., Ltd. reveals that its controlling shareholder, Beijing Zhidu DePu Equity Investment Center, is facing a lawsuit from 12 limited partners (LPs) who are requesting the dissolution of the fund, which could potentially alter the control structure of the company [1][3]. Group 1: Legal Proceedings - The lawsuit was filed due to the expiration of the partnership term of Zhidu DePu, which has not been dissolved in a timely manner [3]. - The company stated that the lawsuit is a dispute between the controlling shareholder and some LPs, and it does not currently affect the company's operations or profits [3]. - Legal experts suggest that the likelihood of the court supporting the LPs' request for dissolution is low, as it depends on whether there is a "persistent deadlock" among partners [2][8]. Group 2: Shareholding Structure - As of June 2025, Zhidu DePu holds 209 million shares of Zhidu Co., accounting for 16.52% of the total share capital [5]. - Zhidu DePu became the controlling shareholder of Zhidu Co. in December 2014, acquiring 63 million shares for 630 million yuan [3]. - The shareholding of Zhidu DePu increased to 445 million shares, representing 45.78% of the company by 2016 [3][4]. Group 3: Market Context - The case of Zhidu DePu is noted as a significant example of a private equity fund controlling a listed company, which is still a rare occurrence in the A-share market [2][4]. - The regulatory environment has been encouraging private equity funds to acquire listed companies, with several cases emerging since the introduction of supportive policies in 2024 [10].
智度股份控股股东涉诉 部分LP请求法院解散智度德普