董事长被拘，转型未见成效，老牌房企万通发展如何破局

Core Viewpoint - The recent investment by Wanto Development in Shuduo Technology is a significant step towards its strategic transformation into the digital technology sector, despite the challenges posed by the detention of its chairman, Wang Yihui [1][6][9]. Investment Details - Wanto Development announced an investment of 854 million yuan to acquire a 62.98% stake in Shuduo Technology, which specializes in high-speed interconnect chip design and ASIC chip customization [1][2]. - Shuduo Technology has been operating at a loss, with projected losses of 62.57 million yuan in 2023 and 138 million yuan in 2024, and a loss of 35.98 million yuan reported in the first half of this year [2][3]. Management Changes - Following the detention of chairman Wang Yihui, the board appointed CEO Qian Jinzhu to assume the responsibilities of the chairman and other key roles until Wang's return or a new appointment is made [1][3]. - Qian Jinzhu, aged 40, has a background in digital transformation and technology, but it remains to be seen if he can effectively lead the company through this transition [5][9]. Strategic Transformation - Wanto Development has been strategically shifting away from traditional real estate towards technology and digital sectors, with a history of investments in AI and telecommunications [6][7]. - The company has faced challenges in its transformation efforts, with ongoing losses and a heavy reliance on its real estate business, which accounted for over 99% of its revenue in 2024 [9]. Market Reaction - The announcement of the investment in Shuduo Technology initially led to a surge in Wanto Development's stock price, indicating market optimism about the company's strategic direction [2][3]. - However, the subsequent news of the chairman's detention raised concerns about the potential impact on the company's operations and future investments [1][9].