Core Viewpoint - The company is undergoing a leadership transition and strategic shift towards digital technology, specifically through the acquisition of a controlling stake in a technology firm, despite facing scrutiny from regulatory bodies due to the target company's financial losses [2][4][6]. Group 1: Leadership and Governance - The company held a board meeting on August 18, where the CEO, Qian Jinzhao, was appointed to temporarily fulfill the roles of Chairman and other key positions until the previous chairman, Wang Yihui, resumes duties or a new appointment is made [2]. - The board is committed to efficiently integrating the newly acquired technology firm, Shudao Technology, into its operations as part of its transformation strategy [2][4]. - The company maintains a robust governance structure and internal control system, ensuring that daily operations are managed by the executive team without significant disruption [2]. Group 2: Financial Performance and Acquisition - The company announced plans to invest 854 million yuan to acquire 62.98% of Shudao Technology, which specializes in high-speed interconnect chip design and development [4]. - Shudao Technology reported a revenue of 16.28 million yuan in the first half of the year, with a net loss of 35.98 million yuan, raising concerns about the viability of the acquisition [4][5]. - The acquisition aims to pivot the company's focus from real estate to the high-growth sectors of integrated circuits and AI infrastructure, marking a significant strategic shift [4]. Group 3: Market Reaction and Regulatory Scrutiny - Following the announcement of the leadership change and acquisition, the company's stock price fell sharply, hitting a limit down at 9.58 yuan per share, with a total market capitalization of 18.1 billion yuan [3]. - The Shanghai Stock Exchange has issued an inquiry regarding the rationale behind the acquisition, payment arrangements, and potential insider trading concerns [4].

公司于2025年8月18日召开第九届董事会第二十一次临时会议，由公司董事、首席执行官钱劲舟代为履行公司董事长、法定代表人职责及董事会战略委员 会主任委员、提名委员会委员职责。代行职责的期限自本次董事会审议通过之日起至王忆会恢复履行职责或选举产生新任相关职务人员之日止。 8月18日晚间，万通发展（600246.SH）公告称，被公司实际控制人、董事长王忆会家属告知，其收到北京市公安局的拘留通知，王忆会正在公安机关配 合调查。据其家属所述调查事项与万通发展日常生产经营无关。 近日，万通发展发布公告称，拟通过增资及股权转让的方式合计投资8.54亿元，取得北京数渡信息科技有限公司（以下简称数渡科技）62.98%的股权。投 资完成后，数渡科技将成为万通发展的控股子公司，并纳入合并报表。 根据公告，数渡科技主要从事高速互连芯片设计与研发以及提供ASIC芯片定制设计服务，核心产品为PCIe高速交换芯片，广泛应用于服务器、AI计算及 存储领域。 对于此次交易，万通发展表示，将推动上市公司向新质生产力转型升级，打造第二增长曲线。本次交易完成后，上市公司将进入增长性强、准入门槛高、 发展前景确定的集成电路与AI基础设施产业，将战略 ...

Group 1 - The actual controller and chairman of Wantong Development, Wang Yihui, has been detained by the Beijing Public Security Bureau, and the investigation is unrelated to the company's daily operations [1][3] - Following the detention, Wantong Development's stock price dropped to 9.58 yuan per share, with a total market capitalization of 18.1 billion yuan [1] - The board of directors has appointed CEO Qian Jinzhu to act as the chairman and legal representative until Wang Yihui resumes his duties or a new appointment is made [5] Group 2 - Wantong Development plans to invest 854 million yuan to acquire a 62.98% stake in Beijing Shudu Information Technology Co., Ltd., which will become a subsidiary [6] - The acquisition aims to transition the company towards digital technology and integrated circuits, moving away from its traditional real estate focus [6] - Shudu Technology has reported continuous losses, with a revenue of 16.28 million yuan and a net loss of 35.98 million yuan in the first half of the year [6][7] Group 3 - The Shanghai Stock Exchange has issued an inquiry regarding the rationale and payment arrangements for the acquisition, as well as potential insider trading concerns [6] - Wantong Development operates in three main sectors: property asset management, real estate development and sales, and digital technology [6]

Core Viewpoint - The actual controller and chairman of Wantong Development, Wang Yihui, has been detained by the police, causing the company's stock to plummet and raising concerns about its ongoing operations and strategic direction [2][3]. Company Operations - Wantong Development announced that Wang Yihui is cooperating with the police investigation, which is reportedly unrelated to the company's daily operations [3]. - Following the board meeting on August 18, the CEO Qian Jinzhu has been appointed to perform the duties of the chairman and legal representative until Wang Yihui resumes his responsibilities or a new appointment is made [5]. - The board of directors confirmed that the company's operations remain normal and that there will be no significant adverse impact on daily business activities due to this incident [5]. Financial Performance - Wantong Development is in the process of acquiring a 62.98% stake in Shuduo Technology for a total investment of 854 million yuan, aiming to shift its strategic focus from real estate to digital technology [6][7]. - Shuduo Technology has reported continuous losses, with a revenue of 16.28 million yuan and a net loss of 35.98 million yuan in the first half of the year [7][8]. - The total assets of Shuduo Technology as of June 30 amount to 330 million yuan, with total liabilities of 265.86 million yuan [8]. Regulatory Scrutiny - The Shanghai Stock Exchange has issued an inquiry to Wantong Development regarding the rationale behind the acquisition of Shuduo Technology, payment arrangements, and potential insider trading concerns [7].