Qian Xinyue
Wu Gang of Jiuding Fund was suspected of violating the relevant laws and regulations of the fund. Since September 2021, he has been investigated by the China Securities Regulatory Commission. It has lasted more than a year, and the dust has finally settled. So far, Wu Gang has been banned from the securities market for 5 years, and everyone has received his own punishment. In the meantime, the non-standard operation of the Jiuding Group and the lack of integrity made it difficult to sustain the already declining performance, and the market value of the prosperous Jiuding Group fell from 100 billion.
Wu Gang is a legend in the financial world. In 2007, he founded Jiuding Company, a small company engaged in private equity fund management with a registered capital of 10 million yuan. He seized the opportunity of China’s capital market GEM and NEEQ, completed the listing and continued acquisitions, and expanded the territory of Jiuding Group. Wu Gang once became the richest man on the NEEQ, and the company became the top three star enterprises in the industry in terms of management scale.
.
From the management position of the China Securities Regulatory Commission to start a business, Wu Gang brought a lot of traffic. In a short period of time, Jiuding built a high-end talent team of hundreds of people out of thin air, managed it, built nationwide channels, covered thousands of companies, raised tens of billions of funds, and invested in hundreds of companies. Wu Gang’s ability to integrate resources. The capital market is dangerous, and it should be trembling like walking on thin ice, but Wu Gang continued to challenge the bottom line of supervision according to his own style of play. In the end, his rapid rise and rapid fall were astonishing.
This article is reproduced from: https://www.fortunechina.com/jingxuan/24957.htm
This site is only for collection, and the copyright belongs to the original author.