Maxscend Microelectronics Company Limited(SZ:300782) Xin Lang Cai Jing·2026-02-12 01:24Core Viewpoint - The recent high-profile divorce case involving Xu Zhihan, a major shareholder of Zhuosheng Microelectronics, has resulted in a significant transfer of shares valued at approximately 1.29 billion yuan to his ex-wife Zhang Yu, impacting the company's ownership structure and shareholder rights [2][5][15]. Shareholder Changes - Xu Zhihan transferred 17.15 million shares (3.21% of total shares) to Zhang Yu as part of their divorce settlement [2][15]. - Post-transfer, Xu Zhihan holds 17.15 million shares, also representing 3.21% of the total shares [2][15]. - Zhang Yu has agreed to limit her annual share sales to 10% of her holdings and to not exceed 25% during Xu's tenure as a director or senior manager [2][15]. Company Overview - Zhuosheng Microelectronics is a leading domestic RF (radio frequency) company, primarily producing RF front-end discrete devices and modules for applications in smartphones and other mobile smart terminal products, as well as in smart wearables, communication base stations, automotive electronics, Bluetooth headsets, VR/AR devices, and networking equipment [6][18]. Financial Performance - As of January 12, Zhuosheng Microelectronics projected a net loss of 255 million to 295 million yuan for the fiscal year 2025, a significant decline from a profit of 402 million yuan in the previous year [8][19]. - The company anticipates revenues between 3.7 billion and 3.75 billion yuan, reflecting a year-on-year decrease of approximately 16% to 18% due to ongoing transitions to a Fab-Lite model, increased investments, supply chain challenges, and intense industry competition [8][19].