On the evening of October 13, Xinyuren disclosed an announcement stating that the company received a "Notice of Case Filing" issued by the CSRC on that same day, as well as a "Notice of Case Filing" issued to the company's actual controller, Yang Zhiming.

Because the company and Yang Zhiming are suspected of violations of laws and regulations related to information disclosure, the CSRC decided to file a case against both the company and Yang Zhiming.

Xinyuren stated that at present, all of the company's operating activities and businesses are being carried out normally. During the investigation period, the company will actively cooperate with the relevant work of the CSRC and will promptly fulfill its information disclosure obligations in strict accordance with relevant laws, regulations, and regulatory requirements.