Core Viewpoint - The sudden investigation and detention of Shen Gang, the chairman of Futai Technology, has raised concerns about the future performance of Hanjia Design, which has heavily relied on Futai Technology for its recent business transformation and growth [1][3][4]. Group 1: Company Background and Recent Developments - Hanjia Design's acquisition of Futai Technology marked a significant transformation from a traditional architectural design firm to a player in the rapidly growing urban governance digitalization sector [5][8]. - The acquisition was completed in November 2024, with Hanjia Design paying 581 million yuan for a 51% stake in Futai Technology, which is now a key subsidiary [6][7]. Group 2: Financial Performance and Impact - Futai Technology has significantly contributed to Hanjia Design's financial performance, with the latter reporting a 16.54% year-on-year increase in revenue to 937 million yuan in the first three quarters of 2025, and a staggering 476.32% increase in net profit [9][10]. - The gross profit margin for Hanjia Design improved to 34.99%, up 15.98 percentage points, largely due to the contributions from Futai Technology's high-margin services [10]. Group 3: Risks and Uncertainties - Shen Gang's detention introduces uncertainties regarding Hanjia Design's future performance, despite the company's assertion that its governance structure remains intact and daily operations are unaffected [10]. - The ongoing share transfer process involving Hanjia Design's controlling shareholder may also be impacted by Shen Gang's situation, creating further uncertainties [10].