The actual controller's ex-wife of Saiteng Co., Ltd. cashed out 100 million yuan; the divorcee had previously cashed out over 800 million yuan.

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China Economic Net Beijing, March 26 (report): Saiteng Co., Ltd. (603283.SH) yesterday evening disclosed a notice regarding an event in which the equity interests of a shareholder holding more than 5% reached the 1% threshold. The company said that on March 25, 2026, it received a notice from the company shareholder Zeng Hui. Between March 10, 2026 and March 24, 2026, Zeng Hui reduced its holdings of the company’s shares in total by 2,310,715 shares through centralized bidding and block trades, representing 0.85% of the company’s total share capital. Zeng Hui’s shareholding ratio decreased from 18.85% to 18.00%; this change in equity interests reached the 1% threshold.

During the above-mentioned reduction period, Saiteng Co., Ltd.’s weighted average price was 45.49 yuan. According to calculations, Zeng Hui’s cashing out from this reduction was approximately 105 million yuan.

Saiteng Co., Ltd. stated that due to the divorce and the division of equity, Sun Feng and Zeng Hui, as of March 24, 2026, Sun Feng directly holds 19.88% of the company’s shares, and Zeng Hui directly holds 18.00% of the company’s shares. The company’s controlling interest may change, and both parties are further negotiating the subsequent arrangements. The company will timely fulfill its information disclosure obligations based on the progress of negotiations between the two parties. This change in equity interests is the result of the shareholders carrying out the previously disclosed share reduction plan; it does not involve a tender offer. This share reduction matter is consistent with the share reduction plan and commitments previously disclosed by the shareholders. As of March 24, 2026, the share reduction plan for this round has not yet been fully implemented.

According to the “Announcement on Results of Share Reduction by Shareholders” disclosed by Saiteng Co., Ltd. on August 14, 2025, Sun Feng reduced its holdings of Saiteng Co., Ltd. by 2,785,900 shares through block trades between May 30, 2025 and August 13, 2025. The share reduction price range was 29.48 yuan/share to 31.20 yuan/share. The total amount of the reduction was 85,020,859.00 yuan. The current shareholding quantity is 53,916,278 shares, and the current shareholding ratio is 19.35%.

Zeng Hui reduced its holdings of Saiteng Co., Ltd. by 1,392,820 shares through centralized bidding between May 30, 2025 and August 13, 2025, and reduced its holdings of Saiteng Co., Ltd. by 2,785,900 shares through block trades. The share reduction price range was 29.81 yuan/share to 33.95 yuan/share. The total amount of the reduction was 129,889,751.05 yuan. The current shareholding quantity is 52,160,795 shares, and the current shareholding ratio is 18.72%.

In addition, according to data from Sina Finance, Sun Feng initially held 106 million shares, accounting for 58.91% of the total share capital. Starting from March 26, 2021, Sun Feng made its first reduction of its shares in Saiteng Co., Ltd.; to date, it has cumulatively reduced company stock by 67.8731 million shares and has cumulatively cashed out approximately 717 million yuan.

Saiteng Co., Ltd.’s 2024 annual report shows that as of the end of the reporting period, the company’s controlling shareholder and actual controller are Sun Feng and Zeng Hui. On January 9, 2023, the two parties resolved their marital relationship, and on January 31, 2023, the share-splitting registration procedures were completed. The company’s controlling interest may change, and both parties are further negotiating the subsequent arrangements. The company will timely fulfill its information disclosure obligations based on the progress of negotiations between the two parties.

(责任编辑:何潇)

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