Capturer - The Last 600 Days of Delong

Author: Wang Yunfan
Publisher:
Publish Date: 2006-05-01
Features: Provides a panoramic and realistic depiction of the of the post-DeLong era, independently interpreting the practices and dilemmas of market-oriented restructuring. The "DeLong Incident" has been a focal point of public attention since its occurrence, being the largest financial and securities case in the history of the PRC. This book is a work of economic, documenting the final 600 days of the DeLong Group, telling the story of a super-large private enterprise plunging towards the abyss, how it struggled to save itself, how it engaged in with various interest groups, and how it attempted to bind the state machine for redemption; an aggressive private enterprise, how it collaborated with a powerful state-owned enterprise to explore China's so-called , and how it experienced friction, disagreements, and disputes; a fast-rising player in the underground financial world, how it grew wildly in the legal loopholes of China's early capital market, and how it plummeted straight into oblivion, becoming a criminal, deeply touching the heavy survival proposition of China's third-generation private enterprises. Since the macro-control in 2004, the capital chains of some highly leveraged large enterprise groups in China have frequently been in crisis, with the collapse of the super-large private enterprise DeLong being the most prominent. Over 18 years, it built a reputation as a captor in both China's financial and industrial circles, its powerful capital operation capabilities and bold imagination. Unfortunately, the dragon seed of ideals bore the reality of fleas—it ultimately faced a captured fate. This book aims to tell you: how a super-large private enterprise plunging towards the abyss struggled to save itself, how it engaged in with various interest groups, and how it attempted to bind the state machine for redemption; how an aggressive private enterprise collaborated with a powerful state-owned enterprise to explore China's so-called , and how it experienced friction, disagreements, and disputes; how a fast-rising player in the underground financial world grew wildly in the legal loopholes of China's early capital market, and how it plummeted straight into oblivion, becoming a criminal. In the final 600 days of DeLong's life, it deeply touched the heavy survival proposition of China's third-generation private enterprises. Since the macro-control in 2004, the capital chains of some highly leveraged large groups in China have frequently been in crisis, with the collapse of the super-large private enterprise DeLong being the most prominent. Over 18 years, it built a reputation as a captor in both China's financial and industrial circles, its powerful capital operation capabilities and bold imagination. Unfortunately, the dragon seed of ideals bore the reality of fleas—it ultimately faced a captured fate. This book aims to tell you: how a super-large private enterprise plunging towards the abyss struggled to save itself, how it engaged in with various interest groups, and how it attempted to bind the state machine for redemption; how an aggressive private enterprise collaborated with a powerful state-owned enterprise to explore China's so-called , and how it experienced friction, disagreements, and disputes; how a fast-rising player in the underground financial world grew wildly in the legal loopholes of China's early capital market, and how it plummeted straight into oblivion, becoming a criminal. In the final 600 days of DeLong's life, it deeply touched the heavy survival proposition of China's third-generation private enterprises.