Wohua Pharmaceuticals: The second trial of the property dispute case between Zhao Bingxian and Lu Juan after their divorce upheld the original verdict. The actual controller of the company changed from Zhao Bingxian to none.

date
04/11/2025
Wohua Pharmaceutical announced that the Beijing Third Intermediate People's Court made a second-instance judgment on the property dispute case between Zhao Bingxian and Lu Juan after their divorce, maintaining the original ruling of evenly splitting the equity of Beijing Zhongzheng Wanrong Investment Group Co., Ltd., resulting in the actual controller of the company changing from Zhao Bingxian to having no actual controller. Zhongzheng Wanrong Investment Group remains the controlling shareholder of the company, holding 50.27% of the shares, with Zhao Bingxian and Lu Juan each holding 50% of the equity of Zhongzheng Wanrong Investment Group. The company's business and operations management have not been affected.