A · Important
[Sotong Development: The actual controller is involved in a post-divorce property dispute case and his ex-wife claimed 23.7187 million shares] On November 10, Sotong Development (603612.SH) announced that the company received notice from its controlling shareholder and actual controller Lang Guanghui that his ex-wife Wang Ping’s post-divorce property dispute case against Lang Guanghui has been filed by the People’s Court of Chaoyang District, Beijing. Wang Ping requested the termination of the "Concerted Action and Voting Rights Entrustment Agreement" and requested an additional 23.7187 million shares of the company. The remaining litigation claims totaled approximately 393 million yuan. The case has not yet been heard in court and only involves the controlling shareholder’s personal shareholder rights. It has nothing to do with the company’s production and operation and will not have a significant impact on the company’s operations.
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