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Actually, Smart Home announced that due to the death of Wang Linpeng, the original actual controller, her spouse Yang Fang obtained shares in the company through joint property division and inheritance. After the change in equity, Yang Fang controlled a total of 2,736 billion shares of the company, accounting for 43.93% of the company's total share capital. The actual controller of the company was changed to Yang Fang. Currently, 100% of Wang Linpeng's shares in Zhongtian Foundation have completed the industrial and commercial changes. Yang Fang now holds 100% of Zhongtian Foundation's shares; Wang Linpeng's shares, actually controlling shares, and Zhida Building Materials shares are still being processed. This change in equity will not have a significant adverse impact on the company.
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Actually, Smart Home announced that due to the death of Wang Linpeng, the original actual controller, her spouse Yang Fang obtained shares in the company through joint property division and inheritance. After the change in equity, Yang Fang controlled a total of 2,736 billion shares of the company, accounting for 43.93% of the company's total share capital. The actual controller of the company was changed to Yang Fang. Currently, 100% of Wang Linpeng's shares in Zhongtian Foundation have completed the industrial and commercial changes. Yang Fang now holds 100% of Zhongtian Foundation's shares; Wang Linpeng's shares, actually controlling shares, and Zhida Building Materials shares are still being processed. This change in equity will not have a significant adverse impact on the company.
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