Chengdu JOUAV(SH:688070) 21世纪经济报道·2025-07-18 03:48Core Viewpoint - The divorce settlement of Ren Bin, the actual controller of Zongheng Co., Ltd. (688070.SH), has resulted in a significant reduction of his shareholding, but he remains the actual controller of the company despite the changes in ownership structure [3][4]. Shareholding Changes - Ren Bin's shareholding in Zongheng Co. decreased from 23.41% to 12.00% after the court ruling, while his ex-wife, Kuang Mingfang, acquired 999.6 million shares, representing 11.41% of the company [4][5]. - The number of shares Ren Bin had to divide was reduced from 1,230.12 million to 999.6 million, a decrease of nearly 20% [3]. Financial Performance - Zongheng Co. has reported continuous losses for four consecutive years since its listing in 2021, with a projected net loss of approximately 34.68 million yuan for the first half of 2025, although this is an improvement from a loss of 53.02 million yuan in the same period last year [7][8]. - The company achieved a revenue of 4.74 billion yuan in 2024, marking a year-on-year growth of 57.14%, but still reported a net loss of 35.79 million yuan [8]. Market Reaction - Following the announcement of the divorce settlement, Zongheng Co.'s stock price experienced a decline of over 2% [2][3]. - The stock has seen a cumulative increase of 52% during the divorce proceedings [3].