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It is unlikely that he will return to China, and the matter of Brilliance does not seem to be over, and the controversy caused by that year was not small; However, people now seem to be doing new energy vehicles in the United States, and they are doing well, and it seems that they acquired Zhengdao Automobile a long time ago, and the development is okay.
Yangrong is the former chairman of Shenyang Jinbei Bus Manufacturing, chairman and president of Brilliance China Automotive Holdings, chairman of Shanghai Brilliance Group Co., Ltd., chairman of China Aerospace Brilliance Automobile Co., Ltd., and ......chairman of Tsinghua University Automotive Engineering Development Research InstituteNow he still serves as the chairman of Hong Kong YTO Technology under the so-called Brilliance Department and the general manager of Hong Kong Huabo Finance.
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It is unlikely to return to China, and the matter of Brilliance seems to be unresolved, and the controversy caused back then was relatively large; However, people now seem to be doing new energy vehicles in the United States, and they are doing well, and it seems that they have acquired Zhengdao Automobile a long time ago, and the development is okay.
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Yang Rong was born in Beiguo Town, Jiangyin City, Jiangsu Province, with 4 brothers. After graduating from junior high school, Yangrong first worked as a chef, then contracted a small shop, and then went to Jiangyin Foreign Trade Company, and went to Shenzhen in the early 80s of the 20th century. But according to the "China Youth Daily", Yang Rong once told people about his experience before Brilliance"……After fighting in Vietnam, he suffered a major injury in 1988, his leg was broken, his head was opened, and he entered the operating room three times, miraculously and without cripples, and since then he has begun to cherish and despise life. "
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Regarding Yangrong being a ** person, there have always been different ways of saying it.
First, he is from Anhui. But some people say that he is from Jiangyin, Jiangsu, because the local folk stories about him are widely circulated, and people who are a little older know him. Some people also said in compromise that Yangrong's ancestral home was Anhui, and the Yang family later moved to Jiangsu.
However, Yang Rong once claimed to be a native of Huizhou, Anhui Province.
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He is a native of Beishu Town, Jiangyin City, Jiangsu Province, with five brothers and sisters.
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Former chairman of Shenyang Jinbei Bus Manufacturing, chairman and president of Brilliance China Automotive Holdings, chairman of Shanghai Brilliance Group Co., Ltd., chairman of China Aerospace Brilliance Automobile Co., Ltd., and chairman of Tsinghua University Automotive Engineering Development Research Institute ......Now he still serves as the chairman of Hong Kong YTO Technology under the so-called Brilliance Department and the general manager of Hong Kong Huabo Finance. Yang Rong graduated from Southwestern University of Finance and Economics with a Ph.D. in Economics.
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On October 9, 1992, on the New York Stock Exchange of the United States, Brilliance Auto became the first Chinese state-owned enterprise concept stock, issued 5 million shares, IPO ** 16 US dollars, raised 80 million US dollars, 51% of the holding of Shenyang Jinbei Bus. This was considered an "impossible task" by Liu Hongru (China's first chairman of the China Securities Regulatory Commission) at the time, but it was succeeded by Yangrong, creating the first case of overseas financing of Chinese state-owned enterprises. From 1992 to 2002, he relied on capital operation to successfully build a Brilliance Auto system, including at least 4 listed companies in New York, Hong Kong and Shanghai and a large number of non-listed companies, with assets of 30 billion yuan, which was called the "Brilliance Labyrinth".
Ten years in business, Yangrong has succeeded. He single-handedly created a Brilliance empire with assets of 20 billion yuan and control of six listed companies. CCTV named him one of the top ten people in the economic world in 2001.
He was the first person to successfully list a socialist country on the New York Stock Exchange, and he was also the "owner" of 30 billion assets.
On March 11, 2002, the Ministry of Finance issued Letter No. 5 (2002), confirming that all assets of Brilliance belonged to the state and were directly allocated to Liaoning Province. The basic basis is that the Financial Education Development Association is state-owned (due to the restrictions of overseas listing conditions, the list of ultimate controlling shareholders disclosed in the listing documents of Brilliance Auto is the China Financial Education Development Association. The ** meeting was in the hands of Yang Rong at that time.
Since then, the ** will be recognized as fully state-owned), which has also become an important factor in the property rights dispute between Yangrong and Brilliance.
Since then, he has successively experienced asset clearance, dismissal, and leaving the ......United StatesUntil he was arrested by the criminal approval of Liaoning Province, China. He crossed the ocean to sue the People's Republic of China for asset infringement in Liaoning Province and the China Financial Education Association, which became the first case in the history of New China in which a local government in China was sued abroad.
Li Bai is a native of Chengji, Longxi, now in Qin'an County, Tianshui City, Gansu Province. But his ancestral home is **Changlong County**Mianzhou**, now Qinglian Town, Jiangyou City, Sichuan Province.
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