Core Viewpoint - The actual controller of Wantong Development, Wang Yihui, has been detained for investigation, which the company claims will not significantly impact its daily operations [2][3]. Group 1: Company Management and Governance - Wang Yihui, aged 71, is the chairman and has held various significant positions in other companies, including Beijing Pioneer Grain and Agriculture Co., Ltd. and Jia Hua Oriental Holdings [2]. - Following the detention, the board of directors held an emergency meeting and appointed Qian Jinzhu, the CEO, to assume the roles of chairman and legal representative [2]. Group 2: Business Strategy and Financial Performance - Since the exit of Feng Lun in 2016, Wantong Development has rebranded and shifted its focus from real estate to sectors like culture, technology, and new infrastructure [3]. - The company is currently pursuing a transformation towards communication and digital technology, including a proposed acquisition of a 62.98% stake in Beijing Shudao Information Technology Co., Ltd. for 854 million yuan [3]. - The target company, Shudao Technology, reported a revenue of 16.28 million yuan and a net loss of 35.98 million yuan in the first half of the year, with total assets of 330 million yuan as of June 30 [3]. - Wantong Development has been in a continuous loss state for the past three years, with a total revenue of 495 million yuan and a net loss of 457 million yuan in 2024 [4].

Group 1 - The core point of the article highlights that Wantong Development has seen significant financing activity, with a total financing buy amount of 5.32 billion yuan on August 18, ranking 42nd in the market [1] - Over the recent three trading days from August 14 to August 18, Wantong Development recorded financing buy amounts of 4.08 billion yuan, 5.64 billion yuan, and 5.32 billion yuan respectively [1] - On the same day, the company had a financing repayment amount of 5.92 billion yuan, resulting in a net sell of 600.826 million yuan [1] Group 2 - In terms of securities lending, on August 18, Wantong Development had a securities lending sell of 31,100 shares, with a net sell of the same amount [1]

Group 1 - The actual controller and chairman of Wantong Development, Wang Yihui, has been detained by the Beijing Public Security Bureau, with the investigation unrelated to the company's daily operations [1] - Following the detention, the board of directors held an emergency meeting and appointed CEO Qian Jinzhu to assume the roles of chairman and legal representative [1] - Wantong Development claims to have a robust corporate governance structure and internal control system, ensuring that the incident will not significantly impact daily operations [1] Group 2 - After the exit of Feng Lun in 2016, Wantong Development rebranded and began to shrink its real estate business, focusing on sectors like culture, technology, and new infrastructure [2] - The company is currently pursuing a transformation towards communication and digital technology, including acquisition activities [2] - Wantong Development plans to acquire a 62.98% stake in Beijing Shudao Information Technology Co., Ltd. for 854 million yuan, with the Shanghai Stock Exchange requesting additional information regarding the transaction [2] - Shudao Technology reported a revenue of 16.28 million yuan and a net loss of 35.98 million yuan in the first half of the year, with total assets of 330 million yuan as of June 30 [2] - Wantong Development anticipates that Shudao's losses will narrow as it scales up production, with expectations for profitability by 2027 [2] - Wantong Development itself has been in a continuous loss state for the past three years, with a total revenue of 495 million yuan and a net loss of 457 million yuan in 2024 [2]

Core Viewpoint - Wantong Development (600246.SH) announced that its actual controller and chairman, Wang Yihui, is under investigation by the Beijing Public Security Bureau, although the investigation is reportedly unrelated to the company's daily operations [1][3]. Group 1: Company Management and Governance - The company held a temporary board meeting on August 18, 2025, where CEO Qian Jinzhu was appointed to perform the duties of chairman and legal representative until Wang Yihui resumes his responsibilities or a new officer is elected [3]. - Wang Yihui, aged 71, has previously held positions at Beijing Pioneer Grain and Agricultural Industry Co., Ltd. and Jia Hua Oriental Holdings (Group) Co., Ltd. [3]. Group 2: Financial Performance - Wantong Development has faced financial difficulties, reporting losses of 330 million yuan in 2023 and 498 million yuan in 2024. The company anticipates a loss of between 22 million and 33 million yuan for the first half of 2025 [3]. - Following the announcement, the company's stock price dropped to 9.58 yuan per share, marking a decline of 9.96%, with a total market capitalization of 18.1 billion yuan [3][4].

万通发展8月18日晚间公告，公司于2025年8月18日被公司实际控制人、董事长王忆会家属告知，其收到北京市公安局的拘留通知，王忆会正在公安机关配 合调查。 据其家属所述调查事项与万通发展日常生产经营无关。 公司于2025年8月18日召开第九届董事会第二十一次临时会议，经全体董事推举，由公司董事、首席执行官钱劲舟代为履行公司董事长、法定代表人职责 及董事会战略委员会主任委员、提名委员会委员职责。 代行职责的期限自本次董事会审议通过之日起至王忆会恢复履行职责或选举产生新任相关职务人员之日止。 8月18日，万通发展开盘跳水，盘中触及跌停。截至收盘，该股报9.58元/股，总市值为181亿元。 来源：智通财经、中国基金报 编辑：双双 版权归原作者所有 如有侵权请及时联系 ...

Core Viewpoint - Wantong Development announced that its actual controller and chairman, Wang Yihui, is under investigation by the Beijing Public Security Bureau, which has led to a significant drop in the company's stock price, reaching a limit down of 9.96% on August 18, 2025 [1][3]. Company Announcement - On August 18, 2025, Wantong Development held a temporary board meeting where CEO Qian Jinzhu will act as the chairman and legal representative until Wang Yihui resumes his duties or a new appointment is made [3]. - The company's stock closed at 9.58 yuan per share, with a total market capitalization of 18.1 billion yuan [3][4]. Financial Performance - Wantong Development is expected to report a net loss attributable to shareholders of between 33 million yuan and 22 million yuan for the first half of 2025, with a net loss excluding non-recurring items estimated between 75 million yuan and 64 million yuan [11]. - The company cited macroeconomic factors and a lack of market demand as reasons for its continued losses [11]. Recent Transactions - Wantong Development plans to invest 854 million yuan to acquire a 62.98% stake in Beijing Shudu Information Technology Co., Ltd., which will become a subsidiary and included in the consolidated financial statements [6][7]. - Shudu Technology has reported continuous losses, with a revenue of 16.28 million yuan and a net loss of 35.98 million yuan in the first half of 2025 [7][8]. Regulatory Scrutiny - The Shanghai Stock Exchange has issued an inquiry to Wantong Development regarding the rationale behind the recent acquisition, payment arrangements, and potential insider trading concerns [8]. Company Background - Wantong Development, originally known as Wantong Real Estate, was founded in 1991 and operates in real estate management, development, and digital technology sectors [9].

Core Viewpoint - The sudden detention of Wang Yihui, the chairman of Wantong Development, has cast a shadow over the company's transition to digital technology, which is already facing challenges due to significant losses [1][7]. Group 1: Company Leadership and Management Changes - Following the detention of Wang Yihui, Wantong Development appointed Qian Jinzhu, the current CEO, to assume the responsibilities of chairman and legal representative, indicating his deep involvement in the company's strategic transition [1][3]. - The company held an emergency board meeting to address the leadership change and ensure continuity in its strategic direction [1]. Group 2: Acquisition Plans and Financial Implications - Wantong Development announced plans to invest 854 million yuan to acquire a 62.98% stake in the chip company Shudao Technology, which has been controversial due to its significant losses [2][3]. - The acquisition is seen as a critical step in the company's strategy to pivot towards digital technology, having ceased new investments in real estate since 2015 [3]. - The valuation of Shudao Technology is notably high, with a premium of 1869.01% over its net asset value, raising concerns about the rationale behind such a high-priced acquisition [3][4]. Group 3: Financial Performance and Market Reactions - Wantong Development reported net losses of 330 million yuan in 2023 and 498 million yuan in 2024, with a projected loss of 22 to 33 million yuan for the first half of 2025, although this represents an improvement compared to the previous year [6]. - The company's stock price experienced significant volatility, initially rising sharply following the acquisition announcement but then hitting the daily limit down after the chairman's detention, closing at 9.58 yuan per share [1][7]. - Concerns about the company's future direction and the impact of leadership changes on its strategic plans have led to increased uncertainty among investors [7][8].

公司于2025年8月18日召开第九届董事会第二十一次临时会议，由公司董事、首席执行官钱劲舟代为履行公司董事长、法定代表人职责及董事会战略委员 会主任委员、提名委员会委员职责。代行职责的期限自本次董事会审议通过之日起至王忆会恢复履行职责或选举产生新任相关职务人员之日止。 8月18日晚间，万通发展（600246.SH）公告称，被公司实际控制人、董事长王忆会家属告知，其收到北京市公安局的拘留通知，王忆会正在公安机关配 合调查。据其家属所述调查事项与万通发展日常生产经营无关。 近日，万通发展发布公告称，拟通过增资及股权转让的方式合计投资8.54亿元，取得北京数渡信息科技有限公司（以下简称数渡科技）62.98%的股权。投 资完成后，数渡科技将成为万通发展的控股子公司，并纳入合并报表。 根据公告，数渡科技主要从事高速互连芯片设计与研发以及提供ASIC芯片定制设计服务，核心产品为PCIe高速交换芯片，广泛应用于服务器、AI计算及 存储领域。 对于此次交易，万通发展表示，将推动上市公司向新质生产力转型升级，打造第二增长曲线。本次交易完成后，上市公司将进入增长性强、准入门槛高、 发展前景确定的集成电路与AI基础设施产业，将战略 ...

Core Viewpoint - Wantong Development (600246.SH) announced that its actual controller and chairman, Wang Yihui, is under investigation by the Beijing Public Security Bureau, which has led to a significant drop in the company's stock price, closing at 9.58 yuan per share, down 9.96% on the day of the announcement [1][3][4]. Group 1: Company Management and Governance - Wang Yihui's family informed the company about his detention, stating that the investigation is unrelated to the company's daily operations [1]. - Following the announcement, the company held a board meeting where CEO Qian Jinzhu assumed the responsibilities of chairman and legal representative until Wang Yihui resumes his duties or a new chairman is elected [3]. - Wang Yihui, aged 71, has held various significant positions in other companies, including being the chairman of Jiayuan Oriental Holdings [5]. Group 2: Financial Performance and Market Reaction - On the day of the announcement, Wantong Development's stock price fell sharply, reaching the daily limit down, with a closing price of 9.58 yuan per share and a total market capitalization of 18.1 billion yuan [3][4]. - The company is expected to report a net loss of between 22 million to 33 million yuan for the first half of 2025, influenced by macroeconomic factors and a lack of market demand recovery [11]. Group 3: Strategic Developments - Wantong Development plans to invest 854 million yuan to acquire a 62.98% stake in Beijing Shudu Information Technology Co., which will become a subsidiary, marking a strategic shift towards the digital technology sector [6][7]. - The acquisition aims to transition the company from real estate to integrated circuits and AI infrastructure, despite Shudu Technology's ongoing financial losses [7][8]. - Shudu Technology reported a revenue of 16.28 million yuan and a net loss of 35.98 million yuan for the first half of 2025, raising regulatory concerns regarding the transaction's rationale and payment arrangements [8][9].

Group 1 - The actual controller and chairman of Wantong Development, Wang Yihui, has been detained by the Beijing Public Security Bureau, and the investigation is unrelated to the company's daily operations [1][3] - Following the detention, Wantong Development's stock price dropped to 9.58 yuan per share, with a total market capitalization of 18.1 billion yuan [1] - The board of directors has appointed CEO Qian Jinzhu to act as the chairman and legal representative until Wang Yihui resumes his duties or a new appointment is made [5] Group 2 - Wantong Development plans to invest 854 million yuan to acquire a 62.98% stake in Beijing Shudu Information Technology Co., Ltd., which will become a subsidiary [6] - The acquisition aims to transition the company towards digital technology and integrated circuits, moving away from its traditional real estate focus [6] - Shudu Technology has reported continuous losses, with a revenue of 16.28 million yuan and a net loss of 35.98 million yuan in the first half of the year [6][7] Group 3 - The Shanghai Stock Exchange has issued an inquiry regarding the rationale and payment arrangements for the acquisition, as well as potential insider trading concerns [6] - Wantong Development operates in three main sectors: property asset management, real estate development and sales, and digital technology [6]