Shanghai Stock Exchange: Shangyuan Tourism (600576.SH)'s actual controller Yu Faxiang has been taken coercive measures for suspected crimes.

Zhtng Cijng APP news, Xiangyuan Tourism (600576.SH) issued an announcement. On December 22, 2025, the company received notification from the family of Mr. Yu Faxiang, the actual controller of the company, that Mr. Yu Faxiang was taken into criminal compulsory measures by the Shaoxing Municipal Public Security Bureau on suspicion of committing a crime. The case is currently under investigation.