On April 4, 4 Group issued an indicative announcement on the change of shareholders' equity, and Mr. Zhou Hongyi, the chairman of the company, and Ms. Hu Huan dissolved their marriage relationship through friendly negotiation, and made relevant arrangements for share splitting and other matters.

360 said that Mr. Zhou Hongyi, chairman of the group, and his wife Ms. Hu Huan did dissolve their marriage in a friendly manner. It's a personal adjustment. The adjustment will not lead to a change in the controlling shareholders and actual controllers of the company. The actual controller of 360 Group is still Mr. Zhou Hongyi, with a voting rights ratio of 52.45%.

Mr. Zhou Hongyi and his co-operators have no plans to reduce their holdings in the next 12 months, and Ms. Hu Huan will not increase or reduce her holdings in listed companies in the next 6 months. And because Ms. Hu Huan does not work in 360 Group and its subsidiaries, this change has no substantial impact on the company's operation and management.

After this equity change, Zhou Hongyi and his concerted actors hold a total of 360,3,671,440 shares in 546 companies, and the shareholding ratio is still higher than 51%. Ms. Hu Huan did not hold shares of the company before the change in equity, and intends to hold 446,585,200 shares of the company after the change, accounting for about 6.25% of the shares. Based on today's closing price of 20.08 yuan, Hu Huan's current holding value is 89.674 billion yuan.

As for various speculations in the industry, 360 board secretary Zhao Luming dismissed them separately: First, can't you reduce your holdings without divorce? Second, the announcement informed Zhou Hongyi and Hu Huan that they would not reduce their holdings within a certain period of time; Third, 6.25% holding means that pre-disclosure is required, changes reaching 1% need to be announced, and reductions to 5% need to be temporarily stopped; Fourth, a 6.25% stake also means being subject to two 90-day secondary 1% and block 2% rules. Luming Zhao joined 2020 in August 8 as Vice President and Secretary of the Board of Directors of 360.

At the 360 return to A-share listing ceremony, Zhou Hongyi appeared with Hu Huan. In "Subversive - Autobiography of Zhou Hongyi", Zhou Hongyi said of Hu Huan, "It was through BBS that I met my current wife Hu Huan. She was also working at Peking University Founder at that time, and she was a tall beauty. I've been talking to her since I first met. ”

"In front of Hu Huan, I like to talk about my past entrepreneurial experience, talk about my dreams, what I want to do in the future, and how I will use a software or program to change the world. Ordinary girls will think that I am a little unrealistic or neurotic, but Hu Huan does not think so. She always believed that what I said was true, and she has supported me ever since. Zhou Hongyi said.

On March 2018, 3, Zhou Hongyi posted a circle of friends: "My life is so failed that it has no meaning." The next day, Zhou Hongyi again posted an explanation that his state was not good, and the frustration came from the inability to balance work and family poorly.

Source: Yicai Author: Lu Qian