Wolwo Bio shares plunge over 10% after divorce shifts control
AI Summary- Wolwo Bio disclosed a divorce-related equity split between co-controlling shareholders Hu Gengxi and Chen Yanni.
- The 47.20% stake was valued at approximately 5.423 billion yuan using September 8 closing prices.
- Chen Yanni became sole actual controller while Hu Gengxi resigned from all company and subsidiary positions.