# STO Express
Latest news and articles about STO Express
Total: 2 articles found
Ex-Husband Sues China’s ‘Express Queen’ for 280m RMB of STO Shares, Posing Governance Test for Family‑Run Courier
An ex‑husband has sued Chen Xiaoying and STO Express seeking around 20.28 million shares (≈RMB 280m), claiming the block was part of a 2012 divorce settlement. The Yuhuan court has accepted the case but not yet tried it; STO says the litigation will not materially affect operations or control while unresolved. The dispute highlights governance risks in family‑run Chinese public companies and could set a legal precedent for post‑divorce claims over equity that became listed after corporate restructuring.
Former Husband Sues China’s ‘Courier Queen’ Over 20 Million STO Shares — A Small Stake, Big Governance Questions
A former husband, and ex-deputy general manager of STO Express, has sued to claim half of a 40.57 million-share block held in the name of co-founder Chen Xiaoying, seeking about 20.28 million shares worth roughly 280 million yuan. STO says the suit concerns a private divorce-related shareholder qualification dispute and will not materially affect operations or control, but the case raises broader questions about governance in family-controlled Chinese listed companies.