Xinkaipu: The actual controller, Yang Weiguo, received a decision letter from the Public Security Bureau to revoke the case.

New Cape announced on the evening of May 21st that the company had received a notice from its controlling shareholder, chairman and general manager Yang Weiguo, stating that he had recently received a "Case Dismissal Decision" from the Weifang Public Security Bureau. The company announced on April 24, 2023 that its controlling shareholder, chairman and general manager Yang Weiguo was criminally detained on suspicion of insider trading.