Core Viewpoint - Recent investigations and detentions of executives from multiple listed companies highlight the regulatory authorities' commitment to maintaining market order and addressing illegal activities within the corporate sector [1][7]. Group 1: Company Investigations - Xi Ling Information announced that its general manager, Yue Yamei, is under investigation by the Alashankou Municipal Supervisory Committee [1]. - Kesi Technology disclosed that its actual controller, Liu Jiande, is also under detention and investigation [1]. - Dameng Data reported that its director and general manager, Pi Yu, is under investigation and detention by the Hubei Province Supervisory Committee [1]. - Yaqi International's chairman, Guo Baichun, has been arrested on charges of embezzlement and abuse of power [1]. Group 2: Financial Performance and Challenges - Xi Ling Information has faced significant financial difficulties, with net profits from 2020 to 2024 showing losses of -136 million, -85 million, -61 million, -40 million, and -61 million yuan, totaling nearly 400 million yuan in cumulative losses [3]. - The company has been struggling since 2020, indicating severe challenges to its survival [3]. Group 3: Shareholding Changes - As of mid-2025, the combined shareholding of the controlling couple, He Kaiwen and Yue Yamei, is 32.69%, with plans for a change in control [4]. - He Kaiwen plans to transfer 36.38 million shares (19.00% of total shares) to Shanghai Shengxun, while both He and Yue will transfer 11.59 million shares (6.06% of total shares) to Shanghai Jinzongyi [4]. - The total transaction price for these share transfers is approximately 721 million yuan, with a share price of 15.02 yuan [4]. Group 4: Regulatory Environment - Since 2025, at least 20 listed companies have had their actual controllers, chairpersons, or general managers detained or investigated, reflecting a stringent regulatory environment [7]. - The regulatory authorities have shown a commitment to addressing serious violations, with a notable increase in penalties and investigations targeting key individuals within companies [9].