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].

Core Viewpoint - Wantong Development (600246.SH) announced that its actual controller and chairman, Wang Yihui, has been detained by the Beijing Public Security Bureau for investigation, which is reportedly unrelated to the company's daily operations [1][3]. Company Operations - The company held a temporary board meeting on August 18, 2025, where CEO Qian Jinzhu assumed the responsibilities of chairman and legal representative until Wang Yihui resumes duties or a new appointment is made [3]. - Following the announcement, Wantong Development's stock price dropped to 9.58 CNY per share, marking a decline of 9.96% and a total market capitalization of 18.1 billion CNY [3][4]. Financial Performance - Wantong Development is expected to report a net loss attributable to shareholders of between 22 million and 33 million CNY for the first half of 2025, with a projected net loss excluding non-recurring items between 64 million and 75 million CNY [11]. - The company has approximately 70,000 shareholders as of the end of the first quarter of 2025 [11][12]. Recent Transactions - Wantong Development plans to invest 854 million CNY to acquire a 62.98% stake in Beijing Shudu Information Technology Co., which will become a subsidiary and included in consolidated financial statements [6][7]. - Shudu Technology has been experiencing continuous losses, reporting a revenue of 16.28 million CNY and a net loss of 35.98 million CNY in the first half of 2025 [7][8]. Regulatory Scrutiny - The Shanghai Stock Exchange has issued an inquiry regarding the reasonableness of the recent acquisition transaction, payment arrangements, and potential insider trading concerns [8].

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]

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、首席执行官钱劲舟先生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先生恢复履行职责或选举产生新任相关职务 人员之日止。万通发展董事会将稳步推进高效整合数渡科技等既定的转型发展战 略。 公司具备完善的法人治理结构与内部控制体系，各项经营管理工作均有明确 的流程保障，公司日常经营管理由高管团队负责，其他董事、高级管理人员及监 事目前均正常履职。公司董事会运作正常，公司生产经营情况正常，该事项不会 对公司日常经营活动产生重大不利影响。 截至本公告披露日，公司未收到有关机关对公司的任何调查或者配合调查文 件，尚未知悉调查的进展及结论。公司将持续关注该事项的后续进展，并按照有 关法律法规的规定和要求，及时履行信息披露义务。 证券代码：600246 证券简称：万通发展 公告编号：2025-072 北京万通新发展集团股份有限公司 本公司董事会及全体董事保证本公告内容不存在任何虚假记载、误导性陈述或者重大遗 漏，并对其内容的真实性、准确 ...

Core Points - The chairman and legal representative of Beijing Wantong New Development Group Co., Ltd., Wang Yihui, has been detained, temporarily unable to fulfill his duties [1] - The board of directors held a meeting on August 18, 2025, to appoint Qian Jinzhu, the CEO, to act as the chairman and legal representative until Wang Yihui resumes his duties or a new appointment is made [1] - The board aims to ensure the stability of the company's operations and the implementation of its transformation strategy, including the integration of Shudu Technology [1] Governance and Management - The company has a well-established corporate governance structure and internal control system, ensuring that daily operations are managed by the executive team [2] - Other board members and senior management are performing their duties normally, and the board's operations are functioning without disruption [2] - The current situation is not expected to have a significant adverse impact on the company's normal business activities [2]

在王忆会被拘留后，万通发展迅速召开第九届董事会第二十一次临时会议。会议决定，由公司董事、首席执行官钱劲舟先生代为履 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，直至王忆会恢复履行职责或选举产生新任相 关职务人员为止。公司董事会表示，将继续推进包括整合数渡科技在内的既定转型发展战略。 万通发展强调，公司具备完善的法人治理结构与内部控制体系，各项经营管理工作均有明确的流程保障。目前，公司日常经营管理 由高管团队负责，其他董事、高级管理人员及监事均正常履职，董事会运作正常，生产经营情况也未受到重大不利影响。 截至公告披露日，万通发展尚未收到有关机关对公司的任何调查或者配合调查文件，调查的进展及结论也尚未可知。公司表示将持 续关注该事项的后续进展，并按照有关法律法规的规定和要求，及时履行信息披露义务。 资料显示，王忆会出生于1954年，毕业于中国人民大学。他与万通地产以及其背后的冯仑，纠缠了数十年，故事颇多。 8月18日，万通发展跌停收盘，收于跌停价9.58元/股，总市值181.1亿元。 来源：读创财经 ...

| | | 8月19日A股投资避雷针 | | --- | --- | --- | | 类别 | 公司 | 主要内容 | | 股东减持 | 亚辉龙 | 实际控制人兼董事长胡鹃辉拟减持不超3%股份 | | | 华数传媒 | 大股东浙江易通传媒拟减持不超1%股份 | | | 德明利 | 实控人李虎、田华拟合计减持不超2.51%股份 | | | 聚灿光电 | 控股股东、实控人潘华荣拟减持不超1%股份 | | | 中环环保 | 特定股东金通安益拟减持不超1505.83万股 | | | 海有股份 | 朴华惠新、中文产投拟减持合计不超5.36%股份 | | | 海川智能 | 股东吴桂芳、郑雪芬拟减持合计不超6%股份 | | | 北京科锐 | 控股股东科锐北方及实控人付小东拟减持合计不超1535.21万股 | | | 万朗磁塑 | 欧阳瑞群拟减持不超过2%股份 | | | 金徽股份 | 绿矿基金拟合计减持不超过2934万股公司股份 | | | 西上海 | 汇嘉创投拟减持不超过134.55万股 | | | 联明股份 | 联明集团拟减持不超3%股份 | | 其他 | 万通发展 | 实际控制人、董事长王忆会被采取拘留措施 | | ...

8月18日晚，万通发展（600246）公告称，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。 （文章来源：上海证券报） 公开资料显示，王忆会1954年9月出生，毕业于中国人民大学，哲学学士；于1985年8月获得中国人民大 学哲学硕士学位；1985年9月至1993年8月任职于中共中央党校；1998年至2004年任北京先锋粮农实业股 份有限公司副董事长；2004年12月起至今，任嘉华东方控股（集团）有限公司董事长；2017年3月起至 今，任万通投资控股股份有限公司董事长。2018年开始任万通地产董事长。 上述事件发生后，万通发展火速召开董事会，推选首席执行官钱劲舟代为履行公司董事长职责。 万通发展于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。 据悉，万通发展董事 ...