600246，筹划重大投资事项！切入芯片领域

Core Viewpoint - Company plans to invest approximately 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 after the investment is completed [1][4][8]. Investment Details - The investment consists of a cash subscription of 100 million yuan for approximately 159.06 thousand yuan of registered capital, resulting in a 9.09% stake in Shudu Technology [4]. - Additionally, the company intends to acquire approximately 43.19% of Shudu Technology's shares from various stakeholders for about 605 million yuan [4]. - The company will also acquire indirect stakes of approximately 3.72% and 6.98% through the purchase of 100% stakes in two limited partnerships for 52.01 million yuan and 97.74 million yuan, respectively [5]. Financial Performance of Shudu Technology - Shudu Technology's projected revenues for 2023, 2024, and the first half of 2025 are 15.81 million yuan, 32.38 million yuan, and 16.28 million yuan, respectively, with net losses of 62.57 million yuan, 138.79 million yuan, and 35.98 million yuan [6][7]. - Total assets as of June 30, 2025, are approximately 330.46 million yuan, with total liabilities of about 265.86 million yuan, resulting in net assets of approximately 64.60 million yuan [7]. Strategic Importance - This transaction is seen as a critical opportunity for the company to enter the high-value digital chip sector, aligning with its goal to transition into digital technology [8]. - The acquisition is expected to create a new growth avenue for the company, enhancing its business quality and expanding its operational scope [8]. Company Background - The company primarily focuses on real estate development and management, with a commitment to transitioning from traditional real estate to service-oriented digital technology [8]. - The company previously terminated a major asset restructuring involving Source Photonics Holdings due to changes in the transaction environment [9]. Financial Outlook - The company anticipates a net loss of between 33 million yuan and 22 million yuan for the first half of 2025, with a projected adjusted net loss of 75 million yuan to 64 million yuan [10].