Core Viewpoint - The actual controller of the "Xiangyuan System," Yu Faxiang, has been subjected to criminal coercive measures by the police due to suspected criminal activities, with investigations ongoing [1]. Group 1: Company Announcements - On December 22, Xiangyuan Cultural Tourism, Jiaojian Co., and Haichang Ocean Park simultaneously announced that Yu Faxiang was taken by the Shaoxing Public Security Bureau for criminal coercive measures, and the case is under investigation [1]. - As of the announcement date, the three listed companies stated they had not received any requests from authorities for assistance in the investigation, and there has been no change in company control [5]. Group 2: Financial Issues - Reports indicate that the "Xiangyuan System" is facing issues with overdue financial products, which are linked to real estate cooperation projects with Xiangyuan Holdings [7]. - On December 7, the three listed companies disclosed that there were overdue payments related to financial products issued on a certain platform, with the controlling shareholder Xiangyuan Holdings and Yu Faxiang bearing joint guarantee responsibilities for these payment obligations [7]. - On December 16, it was announced that the shares held by Yu Faxiang and Xiangyuan Holdings in the companies have been judicially frozen [7]. Group 3: Company Background - Xiangyuan Holdings Group, founded in 1992, is a leading enterprise in the cultural tourism industry, primarily focused on investment, construction, and operation [7]. - Since entering the cultural tourism sector in 2008, Xiangyuan has invested in over 50 cultural tourism projects across 17 provinces and cities in China, covering 6 World Heritage sites and 12 national 5A-level scenic spots, as well as 20 4A-level scenic spots [7].