Core Viewpoint - Three listed companies, Dongcai Technology, Yichang Technology, and Gaomeng New Materials, are facing significant challenges due to the investigation and detention of their actual controller, Xiong Haitao, by the Sichuan Provincial Supervisory Commission, which has raised concerns about corporate governance and operational stability [3][16]. Group 1: Company Impact - The investigation has led to a collective announcement from the three companies regarding the detention of Xiong Haitao, who is suspected of criminal activity [3][6]. - Following the news, stock prices of the affected companies experienced significant fluctuations, with Dongcai Technology closing at 25.84 yuan (down 0.23%), Yichang Technology at 8.03 yuan (up 1.90%), and Gaomeng New Materials at 12.06 yuan (down 1.95%) [3][6]. - Analysts suggest that the investigation may impact decision-making efficiency, market perception of stability, and potentially disrupt strategic partnerships and daily operations [3][16]. Group 2: Company Profiles - Gaomeng New Materials, established in 1999, is a leader in high-performance polyurethane adhesive materials, with a revenue of 9.52 billion yuan in the first three quarters of 2025, reflecting a 5.93% year-on-year growth [9][10]. - Dongcai Technology focuses on new materials, reporting a revenue of 38.03 billion yuan in the first three quarters of 2025, with a 17.18% year-on-year increase [9][10]. - Yichang Technology, which specializes in home appliance and automotive structural components, achieved a revenue of 21.1 billion yuan in the third quarter of 2025, marking a 14.3% year-on-year growth [9][10]. Group 3: Corporate Governance - Xiong Haitao holds significant stakes in the three companies through Gaokin Group, which he controls, and has been involved in various business ventures, including over 43 enterprises [10][11]. - Despite the investigation, the companies assert that their normal operations will not be significantly affected, as Xiong does not participate in daily management [16][18]. - The governance structure of these companies is reportedly robust, with other board members and executives continuing to perform their duties normally [16].

Group 1 - The core viewpoint of the article highlights the investigation of Xiong Haitao, the actual controller of Dongcai Technology, Gaomeng New Materials, and Yichang Technology, which has raised concerns about the companies' governance and potential impacts on their operations [1][2] - Dongcai Technology, with a market value exceeding 26 billion yuan, focuses on the research, manufacturing, and sales of new materials, operating 19 subsidiaries [1] - Yichang Technology, established in 1997, primarily engages in the manufacturing of electrical machinery and equipment, with a market value over 3.3 billion yuan [1] - Gaomeng New Materials, founded in 1999, specializes in the research, production, and sales of composite adhesive materials and functional materials, holding a market value of more than 5.5 billion yuan [1] Group 2 - The global nylon market is approaching a scale of 47 billion USD, with continuous innovations and applications emerging in sectors such as new energy vehicles, electronics, and robotics [8] - The "2026 Advanced Nylon Industry Innovation and Application Development Conference" will be held on March 19-20, 2026, in Guangzhou, focusing on technological innovation and market expansion in the nylon industry [8][9] - The conference aims to gather over 300 participants from domestic and international nylon enterprises, featuring discussions on new trends, materials, and applications [9][10] - Key topics include the development of nylon materials for automotive and electronic applications, lightweight structures for low-altitude aircraft, and innovations in nylon for humanoid robots [10][14]

Group 1 - The actual controller of three listed companies, Xiong Haitao, is under investigation for suspected criminal activities, leading to significant market reactions [2][3][7] - Xiong Haitao's ex-husband, Yuan Zhimin, was previously sentenced to three years in prison for insider trading, indicating a troubled history within the family business [2][5] - The three companies involved—Yichang Technology, Gaomeng New Materials, and Dongcai Technology—are all controlled by Gaojin Group, which is also linked to Xiong Haitao [4][8] Group 2 - Despite the investigation, the companies claim that their daily operations remain unaffected, as Xiong does not participate in day-to-day management [4][7] - The stock prices of the three companies fell sharply following the news, with Yichang Technology hitting the limit down, Gaomeng New Materials dropping by 14.52%, and Dongcai Technology decreasing by 3.65% [7] - The companies have diverse business operations, including chemical materials, automotive components, and healthcare products, with significant revenue growth reported for 2025 [7][9]

Group 1 - Three listed companies, Dongcai Technology, Gaomeng New Materials, and Yichang Technology, announced that their actual controller, Xiong Haitao, is under investigation by the Sichuan Provincial Supervisory Commission [1][25][27] - The investigation is linked to allegations of criminal activity, although specific details remain undisclosed [25][27] - On the same day, the mayor of Mianyang, Li Yun, was also investigated for serious violations of discipline, raising concerns about potential connections [3][27] Group 2 - Following the announcements, the stock prices of the three companies dropped significantly, with Dongcai Technology falling by 3.65%, Yichang Technology by 9.94%, and Gaomeng New Materials by 14.52%, resulting in a total market value loss exceeding 2.2 billion yuan [4][27] - As of January 28, the total market capitalization of Dongcai Technology was 26.164 billion yuan, Gaomeng New Materials was 5.301 billion yuan, and Yichang Technology was 3.241 billion yuan, collectively exceeding 30 billion yuan [12][34] Group 3 - Xiong Haitao, a prominent figure in the capital market, has a background in manufacturing and has been involved in several successful ventures, including the establishment of Jinfa Technology, which became a leader in modified plastics [29][30] - Xiong controls over 40% of Gaokin Group and holds significant stakes in the three listed companies, making her a key player in the industry [30][32] - The investigation into Xiong has revived scrutiny over the privatization of Dongcai Technology, which was acquired at a significantly undervalued price during its state-owned enterprise reform [36][37] Group 4 - Xiong's previous marriage to Yuan Zhimin, who has faced legal issues related to stock manipulation, adds another layer of complexity to the situation [44][45] - The interconnectedness of the companies, including shared executives and frequent transactions, has raised questions about governance and compliance within the group [45]

Core Viewpoint - The actual controller and vice-chairwoman of Sichuan Dongcai Technology Group Co., Ltd. (601208.SH), Xiong Haitao, has been placed under investigation by the Sichuan Provincial Supervisory Committee, with the company stating that it has not been asked to assist in the investigation [2][3]. Group 1: Company Announcement and Response - Dongcai Technology announced that Xiong Haitao's investigation is related to disciplinary issues involving major leaders in Chengdu, and the company's operations remain normal [2]. - Other companies controlled by Xiong, including Yichang Technology (002420.SZ) and Gaomeng New Materials (300200.SZ), also released similar announcements regarding her investigation [3]. - The announcements from Dongcai Technology and Gaomeng New Materials were received through their controlling shareholder, while Yichang Technology received a formal notice from the Sichuan Supervisory Committee [4]. Group 2: Background on Xiong Haitao - Xiong Haitao is a prominent entrepreneur in Sichuan, ranking 284th on the 2025 Hurun Rich List with a wealth of 22 billion RMB [2]. - She has been reported to have resigned from her positions at Yichang Technology prior to the investigation [5]. - Xiong Haitao is linked to a previous controversy involving the sale of assets from the former Sichuan Dongcai Enterprise Group, which was sold at a significant undervalue [7]. Group 3: Company Valuation and Shareholding - Among the three listed companies controlled by Xiong, Dongcai Technology has the largest market capitalization of approximately 26 billion RMB, followed by Gaomeng New Materials at about 5.3 billion RMB and Yichang Technology at around 3.2 billion RMB [7]. - As of September 2025, Xiong Haitao and her associated entities held a total of 23.51% of Dongcai Technology's shares, valued at approximately 6.1 billion RMB based on the stock price as of January 28, 2026 [12]. Group 4: Future Plans and Developments - In a New Year address, Xiong Haitao highlighted the achievements of the three companies in 2025 and outlined plans for future developments in various sectors, including photolithography, new energy vehicles, and carbon-silicon substrates [14]. - The investigation of Xiong Haitao coincides with the announcement of a local government official's investigation for serious violations, indicating a broader context of scrutiny in the region [14].

Core Viewpoint - The actual controller of Dongcai Technology, Yichang Technology, and Gaomeng New Materials, Xiong Haitao, has been detained and is under investigation by the Sichuan Provincial Supervisory Committee, raising concerns about the governance and future operations of these companies [1][4]. Group 1: Company Announcements - Dongcai Technology announced on January 27, 2026, that it received a notification from Gaokai Group regarding the detention and investigation of its actual controller, Xiong Haitao, by the Sichuan Provincial Supervisory Committee [1]. - Yichang Technology also reported on January 27, 2026, that it received a notice of investigation and detention concerning Xiong Haitao, who resigned from his positions in the company on January 26, 2026 [2]. - Gaomeng New Materials confirmed on January 27, 2026, that it received a forwarded notice from its controlling shareholder, Gaokai Group, about the investigation and detention of Xiong Haitao due to suspected criminal activities [4]. Group 2: Shareholding Structure - Xiong Haitao holds 18.49 million shares of Dongcai Technology, accounting for 1.82% of the total share capital, making him the fifth-largest shareholder [2]. - Gaokai Group, controlled by Xiong Haitao, holds 182 million shares of Dongcai Technology, representing 17.91% of the company, while Gaokai Fuheng Group holds 32.47 million shares, or 3.19% [2]. Group 3: Background Information - Gaokai Fuheng Group, established in 2005, is a comprehensive industrial group with total assets exceeding 10 billion, focusing on various sectors including chemical new materials and biotechnology [4]. - Xiong Haitao has held various significant positions, including executive director of Gaokai Fuheng Group and vice chairman of both Yichang Technology and Gaomeng New Materials [4].

东材科技称，公司于2026年1月27日收到高金技术产业集团有限公司(下称"高金集团")通 知，高金集团于近日收到四川省监察委员会签发的关于 公司实际控制人、副董事长熊海涛 被留置、立案调查的通知书。截至公告披露日，公司未被要求协助调查。 1月27日晚，东材科技（60108）、毅昌科技（002420）、高盟新材（300200）集体公 告，公司实际控制人熊海涛被留置、立案调查。 图片来源：高金富恒集团微信 东材科技表示，公司拥有完善的组织架构和规范的治理体系，将按照《公司法》《上海证券 交易所股票上市规则》《上市公司治理准则》及《公司章程》等法律法规和相关制度进行规 范运作。截至公告披露日，公司其他董事和高级管理人员均正常履职，董事会运作正常，生 产经营管理情况正常，上述事项不会对公司正常生产经营产生重大影响。 同日(1月27日)， 毅昌科技 公告，公司于2026年1月27日收到四川省监察委员会签发的 《立案通知书》和《留置通知书》，公司实际控制人熊海涛被立案调查并实施留置。熊海涛 已于2026年1月26日辞任公司董事、副董事长、提名委员会委员职务，目前未在公司及其 控股子公司担任任何职务。 高盟新材 公告，公司 ...

Group 1 - The home appliance parts sector experienced a decline of 2.0% on January 28, with Yichang Technology leading the drop [1] - The Shanghai Composite Index closed at 4151.24, up 0.27%, while the Shenzhen Component Index closed at 14342.9, up 0.09% [1] - Key stocks in the home appliance parts sector showed varied performance, with Samsung New Materials rising by 8.28% to a closing price of 17.00 [1] Group 2 - Yichang Technology saw a significant drop of 9.94%, closing at 7.88, with a trading volume of 635,700 shares and a turnover of 510 million [2] - The sector experienced a net outflow of 1.139 billion from main funds, while retail investors saw a net inflow of 1.001 billion [2] - The main fund inflow for Hejing Technology was 44.76 million, while retail investors had a net outflow of 67.77 million [3]

Group 1 - The actual controller of three listed companies, Xiong Haitao, has been detained by the Sichuan Provincial Supervisory Commission for investigation [1] - Xiong Haitao's ex-husband, Yuan Zhimin, was sentenced to three years in prison with a four-year probation for insider trading in July 2024 [1][4] - On January 27, Dongcai Technology announced that it received a notification regarding Xiong Haitao's detention, which was also disclosed by the other two companies controlled by her, Gaomeng New Materials and Yichang Technology [1] Group 2 - Dongcai Technology was established from the state-owned Dongfang Insulation Materials Factory, which was relocated to Mianyang during the "Third Front" construction period in 1966 [2] - In 2005, the Mianyang State-owned Assets Supervision and Administration Commission approved the transfer of 100% ownership of Dongcai Group to Guangzhou High-tech Industry Group for 92.8 million yuan [2] - Following the acquisition, Guangzhou Gaokin Technology Industry Group was established, which took over most of Dongcai Group's shares, leading to Xiong Haitao becoming the actual controller of Dongcai Technology [3] Group 3 - Yuan Zhimin, born in 1961, co-founded Jinfat Technology in 1993 with an initial capital of 20,000 yuan, which later became the first listed company in China's modified plastics industry [4] - The China Securities Regulatory Commission identified insider trading activities involving Yuan Zhimin, leading to penalties and a court ruling against him in 2024 [5]

Group 1 - The core point of the news is that three listed companies, Dongcai Technology, Gaomeng New Materials, and Yichang Technology, experienced significant stock price declines due to the investigation of their actual controller, Xiong Haitao, by the Sichuan Provincial Supervisory Committee [1] - Dongcai Technology and Gaomeng New Materials saw their stock prices drop over 7% and 15% respectively, while Yichang Technology approached a trading halt [1] - The companies announced that they received a notice of investigation and detention from the Sichuan Provincial Supervisory Committee, with Gaomeng New Materials disclosing that the investigation is related to suspected criminal activity [1] Group 2 - Xiong Haitao, the actual controller of the three companies, is 61 years old and is from Mianyang, Sichuan. He holds 99.7% of the shares in Gaokin Technology Industry Group Co., Ltd., which directly and indirectly controls the three listed companies [1] - Xiong Haitao holds 28.35% of Gaomeng New Materials, 25.25% of Yichang Technology, and 22.86% of Dongcai Technology [1] - All three companies stated that the investigation will not have a significant impact on their normal production and operations [1]