Digital China Group Announces Sudden Development: Controlling Shareholder's Divorce Finalized, "Separation Settlement" May Reach 3.4 Billion Yuan

Deep News10-11

Listed companies' major shareholders' "sky-high" divorce cases have occurred frequently in recent years.

On October 10, Digital China Group Co.,Ltd. announced that a first-instance judgment was issued on September 30, 2025, in a marriage and family dispute case involving controlling shareholder and actual controller Guo Wei, ruling on his divorce from Guo Zhengli. Regarding property division matters, the court will continue to hear the case and make a separate ruling.

On January 27 this year, the company disclosed that 77.3889 million shares of the company held by Guo Wei had been judicially frozen by the Beijing Haidian District People's Court. If the frozen shares are subsequently disposed of, there is a risk that the company's controlling shareholder may change. Based on Digital China Group's closing price of 43.86 yuan per share on October 10, the aforementioned frozen shares correspond to a market value of approximately 3.394 billion yuan.

Digital China Group stated that the company is completely separate from its controlling shareholder and actual controller in terms of assets and other aspects, possessing independent and complete assets, business operations, and autonomous management capabilities. This litigation will not have a significant impact on the company's profits and production and business operations.

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