# Xu Zhihan
Latest news and articles about Xu Zhihan
Total: 2 articles found
Maxscend Executive’s Divorce Transfers Nearly Rmb1.3bn in Stock but Control Remains Intact
Maxscend’s co‑controller Xu Zhihan has transferred 17.15m shares (about Rmb1.3bn at current prices) to his ex‑wife as part of a divorce settlement. The transfer was registry‑based, includes caps on annual disposals, and does not change the company’s controlling block due to existing voting agreements. The move coincides with a weak earnings outlook as the company shifts toward a Fab‑Lite model.
Divorce Forces Transfer of Rmb1.29bn Stake in China RF‑Chip Firm as Company Reports First Annual Loss
Zhuosheng Micro’s chairman, Xu Zhihan, has transferred roughly half of his directly held shares — valued at about Rmb1.29 billion (≈US$190m) — to his ex‑wife as part of a divorce settlement. The move comes as the company warned of its first annual loss since listing in 2019, raising investor concerns about potential share sales, governance stability and management continuity.