Capturer

Author: Wang Yunfan
Publisher:
Publish Date: 2006-05-01
Features: Provides a panoramic, realistic depiction of the of the post-Delong era, independently interpreting the practice 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 China since its founding. 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 machinery for redemption; an aggressive private enterprise, how it cooperated 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 financial sector, how it grew wildly in the legal gaps 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 repeatedly been in crisis, with the collapse of Delong, a super-large private enterprise, being the most prominent. Over 18 years, it built a reputation as a captor in both China's financial and industrial circles, thanks to its powerful capital operation capabilities and bold, expansive imagination. Unfortunately, the dragon seed it sowed 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 machinery for redemption; how an aggressive private enterprise cooperated 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 financial sector grew wildly in the legal gaps 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.