*ST万方10月26日公告，公司股票连续三个交易日（2025年10月22日至2025年10月24日）收盘价格涨幅 累计偏离值为14.57%，根据《深圳证券交易所交易规则》的第5.4.3条规定，ST和*ST主板股票连续三个 交易日内日收盘价涨跌幅偏离值累计达到±12%的属于股票交易异常波动情形。2025年10月10日，公司 大股东万方源收到《执行裁定书》，因万方源所持公司股票90,860,000股两次拍卖均已流拍，九台农商 行向长春中院申请以万方源所持公司股票90,860,000股第二次拍卖所定的保留价接收财产抵偿债务。上 述股票过户完成后，万方源将失去公司第一大股东的身份，不再持有公司股票，公司存在控股股东、实 际控制人发生变更或无实际控制人的风险。 ...

Core Viewpoint - The announcement highlights the abnormal trading fluctuations of WanFang Urban Investment Development Co., Ltd. and the potential risks associated with the change in its major shareholder status due to legal proceedings against its largest shareholder, WanFang Yuan [2][3][8]. Group 1: Stock Trading Abnormalities - The company's stock experienced a cumulative price deviation of 14.35% over three consecutive trading days from October 15 to October 17, 2025, which qualifies as abnormal trading activity according to Shenzhen Stock Exchange rules [3]. - The company has confirmed that there are no undisclosed significant events that could have impacted the stock price [4][5]. Group 2: Shareholder Changes - WanFang Yuan, the major shareholder, has faced legal actions resulting in the auction of 90,860,000 shares, which have failed to sell, leading to a risk of losing its status as the largest shareholder [2][8]. - If WanFang Yuan loses its major shareholder status, the voting rights associated with 80,444,000 shares will automatically become invalid, potentially leading to a change in control of the company [9]. Group 3: Regulatory and Compliance Issues - The company is currently under investigation by the China Securities Regulatory Commission for suspected violations of information disclosure laws [10]. - The company has not disclosed any performance forecasts or provided unpublished third-quarter performance information, with the third-quarter report scheduled for release on October 31, 2025 [10].

Overview - The company announced the withdrawal of a judicial auction for 90,860,000 shares held by its major shareholder, which represents 29.18% of the company's total share capital [1] Auction Details - The shares were initially scheduled for auction on a network platform, but the auction was retracted due to the lack of transfer of disposal rights by the Beijing Third Intermediate Court [1] Shareholder Implications - The major shareholder, Wan Fang Yuan, holds 80,444,000 shares, accounting for 25.83% of the total share capital, and has delegated voting rights to Huide Industrial for five years [2] - If the shares are re-auctioned and sold, Wan Fang Yuan may lose its status as the major shareholder, leading to potential changes in control of the company [2] Company Operations - The company is currently operating normally and the board of directors is committed to maintaining business operations and minimizing external disruptions [3]