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A Chinese online business called Tdpmolds and three of its employees, along with Yantai Yixun International Trade Co.,

"In order to avoid uncertainties from further delays or impact to investment planning and the flexible deployment of capital, the Xingwei Fund will transfer its entire holding in Shengyue Guangzhou to Yantai Haixiu," it said.

Those companies in turn supply three major magnet companies: Yantai Zhenghai Magnetic Material, JL MAG, and Zhong Ke San Huan, public agreements show.

Actions cited as evidence in an indictment from August 2021 included filming an illegal documentary, organizing training sessions on nonviolence and holding “secret meetings” in the cities of Yantai and Xiamen.

Colonel Wang grew up in Yantai, a port city on the Yellow Sea.