Latest news and articles about divorce settlement
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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.
