Core Viewpoint - The investigation of Yi Huiman, former chairman of ICBC and former chairman of the CSRC, is linked to the Kangde Xin case and corruption in Wenzhou's financial reform, causing significant shockwaves in the financial sector [4][5]. Group 1: Kangde Xin Case - Yi Huiman's involvement in the Kangde Xin case is believed to be a direct reason for his investigation, with the complexities of the case being more intricate than publicly known [5]. - The founder of Kangde Xin, Zhong Yu, sought to move large amounts of capital abroad, leading to a financial arrangement with a company under ICBC that involved high-interest loans from the Zhongzhi Group, resulting in a conflict over repayment [5][6]. - Zhongzhi Group demanded equity compensation from Kangde Xin, while Zhong Yu insisted that his borrowing was from ICBC, not Zhongzhi [6][7]. - Under Yi Huiman's leadership, ICBC maintained a long-term cooperative relationship with Zhongzhi Group, which aimed to protect their interests [7]. - Yi Huiman's actions indirectly led to a liquidity crisis for Kangde Xin by facilitating the transfer of pledged equity [8]. - In December 2024, Kangde Xin and Zhong Yu were sentenced to 15 years in prison for multiple financial crimes, including fraud and misrepresentation [8]. Group 2: Wenzhou Financial Reform Corruption - The Wenzhou financial reform, initially a national innovation pilot, became a breeding ground for large-scale rent-seeking behavior during its execution [9]. - The cases involving Shen Rongqin, former head of ICBC's Zhejiang branch, and Zhu Congjiu, former vice governor of Zhejiang province, are directly related to the corruption stemming from the Wenzhou financial reform [9].