WANTONG TECH(SZ:002331)2022-12-06 01:38Group 1: Company Overview - Anhui Wantong Technology Co., Ltd. focuses on system integration, application software development, and technical services in the fields of highway, port shipping, and urban intelligent transportation [3]. - The company benefits from the increasing investment in national transportation infrastructure, leading to a steady growth in the highway informationization market [3]. - The company has expanded its revenue and profit in the highway information system operation and maintenance sector due to the increase in existing highway mileage [3]. Group 2: Business Segments - In the port shipping informationization sector, the wholly-owned subsidiary Yantai Huadong Electronic Software Technology Co., Ltd. specializes in software development and technical services for ports, shipping, and manufacturing [4]. - The company maintains its leading position in the domestic market and has successfully expanded into overseas markets [4]. - In the urban intelligent transportation sector, the company has invested in Anhui Wantong Urban Intelligent Transportation Technology Co., Ltd. to develop high-tech software and hardware products with independent intellectual property rights [4]. Group 3: Recent Developments - The "Xingyun Tianxia" platform, launched on November 20, 2015, integrates various services for traffic participants, leading to significant user growth [5]. - The company plans to develop vehicle-mounted products and services related to the post-vehicle market, leveraging its internet advantages [6]. - The company is actively pursuing technological research and market expansion in the port shipping informationization field, establishing a new subsidiary to enhance its capabilities [6]. Group 4: Employee Stock Ownership Plan - The first phase of the employee stock ownership plan involves up to 310 participants, with a total funding cap of 75 million yuan [8]. - As of November 11, 2016, the company purchased 4,616,241 shares at an average price of 15.87 yuan per share, representing 1.32% of the total share capital [8]. - The purchased shares are subject to a lock-up period of 12 months from the announcement date [9].