Maxscend Microelectronics Company Limited(SZ:300782) Xin Lang Cai Jing·2026-02-12 02:36Core Viewpoint - The announcement of the divorce between the actual controller of the company, Xu Zhihan, and Zhang Yu, along with the subsequent share transfer, does not significantly impact the company's control or management [2][3]. Shareholder Changes - Xu Zhihan will transfer 17.15 million shares, valued at approximately 1.29 billion yuan, to Zhang Yu, which represents 3.21% of the company's total share capital [2][3]. - After the share transfer, the combined voting rights of the actual controllers remain at 31.90%, indicating no change in the actual control of the company [3]. Shareholding Commitment - The actual controllers, including Xu Zhihan and Zhang Yu, have voluntarily committed not to reduce their shareholdings for six months from February 12, 2026 [4]. Previous Similar Incidents - This is not the first instance of a high-value divorce affecting the company; in June 2023, another actual controller, Tang Zhuang, transferred shares worth nearly 3.4 billion yuan to his ex-wife, Yi Gebing [5][6]. Financial Performance - The company expects a revenue decline of 16% to 18% for the year 2025, projecting revenues between 3.7 billion to 3.75 billion yuan, and a net loss of 295 million to 255 million yuan, marking its first annual loss since going public in 2019 [6]. - The loss is attributed to challenges in transitioning to a Fab-Lite model, increased competition, tight supply of raw materials, and adjustments in customer inventory [6].