De Long's Inside Story: Challenging the Equilibrium Limits of Finance and Real Industry: Challenging the Equilibrium Limits of Finance and Real Industry

Author: Li Delin
Publisher:
Publish Date: 2004-08-01
Features: The cutting-edge form of corporate operations—capital operations, is a familiar yet unfamiliar practical topic in the Chinese corporate world. This book takes the De Long Group, a renowned and controversial player in the Chinese capital market, as a case study, tracing its journey from success to failure. Based on a wealth of insider information, it analyzes the balanced challenges and extreme risks of capital operations in enterprises, making it a typical case of Chinese corporate capital operations over the past 20 years. The book narrates the story of the Tang brothers, who built the De Long Empire, outlining the full panorama of its rapid expansion over 18 years, sorting out the intricate financial relationships between De Long's subsidiaries, and the formation process of the De Long financial circle. It delves into the financial secrets of the De Long Empire, uncovers the real reasons behind its collapse, focuses on the personal world of Tang Wansin, the head of De Long, and Tang Wanli, revealing the face of De Long's "illegitimate" subsidiaries, and presenting a comprehensive and authentic portrayal of De Long.