Digital China(SZ:000034) Yang Zi Wan Bao Wang·2025-10-12 09:43Core Viewpoint - The court ruling on the divorce of Guo Wei and Guo Zhengli has implications for the control and ownership structure of Digital China, with potential changes in shareholding dynamics and governance [3][5]. Company Summary - On September 30, the Beijing Haidian District People's Court ruled on the divorce of Guo Wei and Guo Zhengli, with property division still under review [3]. - Guo Wei, the chairman of Digital China, has 7,738,900 shares frozen due to the divorce proceedings, representing 50% of his holdings and 11.56% of the company's total shares, with a market value of approximately 3.394 billion yuan [5][6]. - The two largest shareholders of Digital China as of June 30, 2025, are Guo Wei and China New Era Limited, holding 21.49% and 4.65% respectively [6]. - If Guo Wei's frozen shares are awarded to Guo Zhengli, she could become the second-largest shareholder with over 10% ownership, significantly increasing her stake compared to the current second-largest shareholder [6]. Governance Changes - Following the court ruling, Guo Wei is no longer the legal representative of Digital China, with Wang Bingfeng elected to take over this role [6]. - The change in legal representation was officially registered with the Shenzhen Market Supervision Administration on June 27, 2025 [6].