Core Points - 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 based on the closing price of 10.27 yuan on August 21 [2][3] - The lawsuit regarding the property division began in March 2024, with Weng Shuhua requesting the division of Huang Tao's shares [2][3] - The court upheld the initial ruling that awarded the shares to Weng Shuhua, and the transfer was completed on August 21, 2024 [3][4] Company Overview - Liren Lizhuang, founded in 2007 by Huang Tao, is a cosmetics e-commerce service provider, primarily operating through Tmall and collaborating with brands like Maybelline and Schwarzkopf [5][6] - The company has faced declining performance, with revenue dropping for four consecutive years, and a projected net loss of 30 to 42.5 million yuan for the first half of 2025 [6][7] - As of August 22, the company's stock price was 10.24 yuan, with a total market capitalization of 4.101 billion yuan [7]