A股天价离婚案，纠葛十五年，富豪夫妻“分手费”让股民买单？

Core Viewpoint - The long-standing divorce case of Zhao Bingxian, known as "China's Buffett," and his ex-wife Lu Juan has resulted in a significant financial judgment of 536 million yuan, impacting the control and market confidence of the listed company WoHua Pharmaceutical [1][5][16]. Group 1: Control and Governance - Zhao Bingxian previously held 80% of the shares in Zhongzheng Wanrong, allowing him to control WoHua Pharmaceutical. Following the divorce, both parties now hold 50% each, leading to potential governance issues and decision-making paralysis within the company [7][10]. - The division of shares creates a scenario where neither party can effectively manage the company, resulting in a lack of clear leadership and direction [6][14]. Group 2: Market Confidence - The equal division of shares raises uncertainties in the market regarding potential share sell-offs by Lu Juan and the future strategic direction of WoHua Pharmaceutical, which could lead to stock price volatility [10][14]. - The company's announcement of "normal operations" may indicate underlying concerns about market confidence, suggesting that the situation is more precarious than it appears [10][14]. Group 3: Entrepreneurial Focus - The prolonged legal battle over the divorce has consumed significant time and energy from Zhao Bingxian, potentially detracting from his focus on managing the company and making strategic decisions [11][19]. - The distraction caused by the divorce proceedings may lead to performance fluctuations and a decline in team morale, further complicating the company's operational stability [11][19]. Group 4: Historical Context and Implications - The case of Zhao Bingxian is not isolated; similar high-profile divorces in the A-share market have historically led to significant disruptions in company governance and market performance [20][26]. - The impact of such personal matters on corporate governance highlights the sensitivity of investors to changes in control and the potential for "black swan" events in the market [20][26].