Wuhua Pharmaceutical (002107.SZ) will become state of having no actual controller.

The Zhixin Finance APP reported that Wohua Pharmaceuticals (002107.SZ) announced that the Beijing Third Intermediate People's Court has made a second-instance judgment on the property dispute case between Mr. Zhao Bingxian and Ms. Lu Juan after their divorce. Regarding the division of the equity of Beijing Zhongzheng Wanrong Investment Group Co., Ltd. (referred to as Zhongzheng Wanrong Investment Group) held by both parties as the controlling shareholders of the company, the judgment upheld the first-instance ruling of the Beijing Tongzhou District People's Court, which is to evenly divide the equity of Zhongzheng Wanrong Investment Group between the two parties. The judgment only involves the division of the equity of Zhongzheng Wanrong Investment Group held by Zhao Bingxian and Lu Juan, and does not involve the 50.27% shares held by Zhongzheng Wanrong Investment Group in the company. Zhongzheng Wanrong Investment Group still remains the controlling shareholder of the company. However, the judgment results in Zhao Bingxian and Lu Juan each holding 50% of the equity of Zhongzheng Wanrong Investment Group, leading to a change in the actual controller of the company. The actual controller of the company has changed from Mr. Zhao Bingxian to having no actual controller.