71岁万通发展董事长，突然被拘留

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].