万通发展(600246.SH)：数渡科技存在持续亏损的风险 可能对公司持续经营产生不利影响

Core Viewpoint - The company is steadily advancing its transformation strategy by integrating Shudao Technology, aiming to align the interests of core talents with long-term development goals through a restricted stock incentive plan [1] Group 1: Company Strategy - The company announced a draft summary of the 2025 Restricted Stock Incentive Plan on November 18, 2025, which requires approval from the shareholders' meeting [1] - The initiative is designed to encourage employees to focus on long-term goals and reduce short-term behaviors, thereby enhancing the market share of Shudao Technology's core products [1] Group 2: Financial Performance - Shudao Technology reported net losses attributable to the parent company of -62.57 million yuan for 2023, -137.88 million yuan for 2024, and -78.09 million yuan for the first three quarters of 2025, indicating a continued loss status [1] - There are risks associated with Shudao Technology's products not meeting market demand and intensified industry competition, which could lead to lower sales revenue or profit levels [1]