On December 31, Shichuang Energy announced that it had recently received a notice from Fu Liming, the actual controller and chairman of the company, that after friendly consultation, it and Wang Yanxiao had recently gone through the formalities of dissolution of marriage and reached an agreement on the division of property.
According to the Divorce Agreement signed by both parties, Fu Liming intends to hold 10.00% equity of Nanjing Shichuang Venture Capital Co., Ltd. (Hereinafter referred to as "Shichuang Investment") and 14.48% property share of Nanjing Sicheng Venture Capital Partnership (Limited Partnership) (hereinafter referred to as "Nanjing Sicheng") . Divided to Wang Yanxiao's name.
Shichuang Investment is the controlling shareholder of Shichuang Energy, and Nanjing Sicheng is the major shareholder of the company, holding 35.74% and 34.31% respectively.

According to the announcement, the equity change involves about 34,161,801 shares of Shichuang Energy, accounting for 8.54% of its total shares. After the indirect shareholding change, Fu Liming still serves as the executive director and general manager of Shichuang Investment and the executive partner of Nanjing Sicheng, and can control about 70.04% of the voting rights of Shichuang Energy through Shichuang Investment and Nanjing Sicheng, which is still the actual controller of the company.

At present, the above equity transfer has not yet completed the transfer procedures.
As of December 31, the share price of Shichuang Energy was 13.07 yuan per share. Based on this calculation, Wang Yanxiao will receive a share market value of about 446 million yuan . According to
the data, Changzhou Shichuang Energy Co., Ltd. was founded in 2009 and is a high-tech enterprise founded by a doctoral team graduated from the State Key Laboratory of Silicon Materials of Zhejiang University. The company's prospectus shows that its main business products include photovoltaic wet process AIDS, photovoltaic equipment and photovoltaic cells . In the
first three quarters of this year, Shichuang Energy achieved a revenue of 705 million yuan, an increase of 54.03% over the same period last year, a net profit loss of 254 million yuan, and a non-net profit loss of 269 million yuan.
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