On October 11, 2025, the major shareholder and actual controller of China’s AI company Shenzhou Digital Holdings Co., Ltd. (Shenzhou Digital) were officially divorced by a court ruling. The division of assets involved in the divorce is estimated at 3.394 billion yuan (RMB).
Shenzhou Digital issued two consecutive announcements on the 11th regarding the lawsuit involving the company’s major shareholder and actual controller. The announcement stated that Guo Wei, the major shareholder and actual controller of the company, and his wife, Guo Zhengli, were granted a divorce by the Beijing Haidian District Court. The court will continue to handle the matter of asset division and make a final judgment.
As early as January 27th of this year, Shenzhou Digital disclosed in a notice regarding the partial freezing of shares held by Guo Wei. According to the announcement, a portion of Guo Wei’s company shares had been judicially frozen by the Beijing Haidian District Court, totaling 77.389 million shares, accounting for 50% of his total company shares and 11.56% of the total share capital of the company. The freezing period extends until January 21, 2028.
Based on Shenzhou Digital’s closing stock price of 43.86 yuan per share on October 10th, the market value corresponding to the frozen shares amounts to approximately 3.394 billion yuan.
In the announcement on January 27th, Shenzhou Digital explicitly stated that the court’s decision to freeze the shares was related to a marital dispute involving Guo Wei. The company warned of the potential risk of changes in the major shareholder structure if the frozen shares were disposed of in the future.
According to a report by Xinhua Daily on October 12th, as of June 30, 2025, the top two shareholders of Shenzhou Digital were Guo Wei and China New Era Limited, with shareholdings of 21.49% and 4.65% respectively. If Guo Wei’s frozen shares are eventually all awarded to Guo Zhengli, she may become the second-largest single shareholder of Shenzhou Digital with a stake exceeding 10%, more than double that of the current second-largest shareholder. This significant change could have a profound impact on the company’s strategic planning and operational management.
Beijing Chilii Cultural Technology Co., Ltd.’s “Node Finance” media platform quoted a senior analyst who specializes in tracking the technology industry on October 12th, stating: “This is not just a simple division of assets but a potential power struggle that could shake the foundation of the company’s control. If Guo Wei’s shareholding percentage significantly decreases and Guo Zhengli becomes the second-largest shareholder, there is likely to be a battle for control, which will have a major impact on the company’s strategic planning and operational management.”
In addition to changes in the shareholding structure, the division of shares may trigger a series of chain reactions. Should Guo Zhengli acquire a large number of shares and choose to reduce her holdings in the secondary market, it could put pressure on Shenzhou Digital’s stock price. If she decides to get involved in the company’s management and conflicts with the existing management, it could affect decision-making efficiency and operational stability. Moreover, external capital may take the opportunity to intervene and vie for control of the company through acquiring shares, further exacerbating the company’s volatility.
Public records show that Shenzhou Digital Holdings Co., Ltd. was spun off from Lenovo Group in 2000 and went public on the main board of the Hong Kong Stock Exchange in 2001. The company currently operates five main business groups, including the Shenzhou Digital Smart City Services Group, the Shenzhou Digital Information Services Co., Ltd. focusing on large industries and agricultural informatization, and the Shenzhou Digital Group, Supply Chain Services Division, and Financial Services Group. The company’s revenue growth primarily relies on traditional IT distribution business, accounting for as high as 97% of the total revenue.
Looking at the financial data from 2024, the company achieved revenue of 128.166 billion yuan, a year-on-year increase of 7.14%, but its net profit attributable to the parent company experienced a sharp decline, plunging by 35.77% year-on-year to just 753 million yuan. Meanwhile, the company’s asset-liability ratio stood at a high level of 79.16%.