Core Viewpoint - The divorce settlement between Huang Tao, the actual controller of Liren Lizhuang, and his ex-wife Weng Shuhua has resulted in the transfer of 16,747,538 shares, valued at approximately 172 million yuan, to Weng Shuhua, following a lengthy legal process lasting over a year [2][4][6]. Group 1: Legal Proceedings - The divorce and property dispute began in March 2024, with Weng Shuhua filing for the division of assets, specifically requesting one-eighth of Huang Tao's shares in the company [2][4]. - The first-instance judgment awarded Weng Shuhua the shares, which Huang Tao appealed, but the appeal was rejected by the Shanghai First Intermediate People's Court [3][4]. - The share transfer was completed on August 21, 2024, with the shares being registered and no impact on the company's control structure [4][6]. Group 2: Company Performance - Liren Lizhuang has experienced a decline in revenue for four consecutive years, with a projected revenue of 1.728 billion yuan in 2024, only 37% of its peak revenue in 2020 [6]. - The company is expected to report a net loss of between 30 million to 42.5 million yuan for the first half of 2025, indicating a worsening financial situation [6]. - As of August 22, 2024, the company's stock price was 10.24 yuan, with a total market capitalization of 4.101 billion yuan [7]. Group 3: Company Background - Liren Lizhuang was founded in 2007 by Huang Tao and is recognized as one of the first online retail service providers in China, primarily operating through Tmall [5]. - The company collaborates with various beauty brands, including Maybelline and Schwarzkopf, to operate online stores [5].

Group 1 - The stock price of Liren Lizhuang on July 30 was 9.80 yuan, an increase of 0.01 yuan, representing a 0.10% rise [1] - The trading volume for the day was 138,145 hands, with a transaction amount of 1.35 billion yuan [1] - Liren Lizhuang's main business includes e-commerce retail of cosmetics and brand marketing services, primarily operating official flagship stores on platforms like Tmall [1] Group 2 - The company operates multiple international beauty brands while also developing its own brand business [1] - Recent announcements indicate that the actual controller, Huang Tao, needs to split approximately 16.7475 million shares with his ex-wife, accounting for 4.18% of the company's total share capital [1] - The company expects a net profit loss attributable to the parent company of 30 million to 42.5 million yuan in the first half of 2025, mainly due to a decline in operating income and investments in its own brand strategy [1]