FilingReader Intelligence
Vantone Real Estate pivots into chip sector with controlling stake
August 13, 2025 at 03:51 PM UTC•By FilingReader AI
Beijing Vantone Real Estate invested 85.4 million yuan to acquire 62.98% of Beijing Shudu Information Technology, a loss-making high-speed interconnect chip designer.
The chip company reported a net loss of 36 million yuan in the first half of 2025. The acquisition represents Vantone's strategic pivot from real estate into digital technology.
This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com
Primary Source Document
SSE:600246•Shanghai Stock Exchange
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