Xiangyuan Cultural Tourism: Actual Controller Yu Faxiang Under Investigation by CSRC for Suspected Information Disclosure Violations

36Kr reports that Xiangyuan Cultural Tourism announced the company received notice on October 9, 2026, from actual controller Yu Faxiang that he was issued a "Notice of Case Filing" by the China Securities Regulatory Commission (CSRC) on the same day. The CSRC decided to open an investigation into Yu Faxiang due to suspected violations related to information disclosure. In addition to serving as the company's actual controller, Yu Faxiang holds no other positions within the company; its production and operations remain normal, and the matter will not have a significant impact on the company's regular business activities.