JOVE(SZ:300814) 中国基金报·2025-11-07 16:06Core Viewpoint - The actual controller of Shanshui Technology has changed to Wu Xinyan following the divorce settlement with Huang Guorong, who has been subjected to criminal coercive measures [2][4][9]. Group 1: Change in Control - On November 7, Shanshui Technology announced the divorce and property division between Huang Guorong and Wu Xinyan, resulting in Wu Xinyan becoming the actual controller of the company [4][6]. - Huang Guorong transferred 10 million shares directly to Wu Xinyan, along with indirect holdings through Zhengxiang Investment and Zexiang Ruibao Investment [6]. - After the change, Wu Xinyan holds a total of 68.568 million shares, accounting for 31.95% of the total share capital, with a market value of 924 million yuan based on the closing price on November 7 [6][7]. Group 2: Management Changes - Huang Guorong resigned from his positions as chairman, general manager, and director of the board due to personal reasons, with Wu Xinyan appointed as the new chairman and proposed as the general manager [7][9]. - The board confirmed that this change would not trigger mandatory tender offer obligations under the regulations and would not adversely affect the company's operational stability or independence [7]. Group 3: Company Background - Shanshui Technology specializes in the research, production, and sales of dye intermediates, pesticides, and pharmaceutical intermediates, with key products including various nitro compounds and chlorinated pyridine series [12]. - As of November 7, the stock price of Shanshui Technology was 24.38 yuan per share, with a total market capitalization of 5.2 billion yuan, reflecting a year-to-date increase of over 55% [13].