When we talk about "big players," most people immediately think of the crypto world. But let’s be real — compared to the ruthless stock market ‘scissors’✂, the crypto circle’s games look almost childish. In the stock market, cutting leeks is legal, compliant, and unstoppable — and that’s exactly what happened with the most outrageous A-share listed company of 2025: *ST Chuangxing.

👉 A company with just 68 employees, working hard for half a year, only managed to pull in 374,000 yuan in revenue.

👉 Its main business? Construction decoration — yet shockingly, it received zero orders in six months.

👉 Even worse, its current chairman Liu Peng has been taken away by police, still under detention today.

But here comes the real kicker:

đŸ”„ The founder Chen Rongsheng’s family cashed out a mind-blowing 1.5 billion yuan and quietly moved to the United States 🌮đŸ‡ș🇾.

đŸ”„ Meanwhile, the “new owner” Wang Xiangrong, who acquired this so-called enterprise, has been left with a worthless shell that generated peanuts.

đŸšïž From Food Empire to Hollowed-Out Shell

Back in the 90s, Chen Rongsheng wasn’t just some random businessman. Armed with fluent Japanese and global trade experience, he built Xiamen Dayang Group, exporting eels 🐟 and edible fungi 🍄 to Japan. By 1999, his company was successfully listed on the Shanghai Stock Exchange.

But after China joined the WTO, competition crushed his food empire. Instead of scaling up like other real estate giants, Chen pivoted half-heartedly into property — but kept a much smaller scale.

Then came his masterstroke:

💰 Using premium acquisitions of his own companies, Chen siphoned out money again and again.

💰 From 2007–2010, his family cashed out 560 million yuan.

💰 In 2012, he pulled off another outrageous premium deal — at a 3209% markup!

By the time the dust settled, Chen’s family had already safely pocketed 1.5 billion yuan, secured U.S. green cards, and settled overseas, far away from the storm.

⚖ The Aftermath: A Shell, Scandals, and Broken Investors

When Yu Zengyun took over, paying 544 million cash for the “shell,” he too had no pure intentions. Soon after, his fundraising fraud case exploded, stock prices collapsed 📉, and countless investors were left ruined.

Now, the “new boss” Wang Xiangrong holds the empty husk of ST Chuangxing, with no real business and endless troubles.

And the current chairman Liu Peng? He’s already been taken away by Hangzhou police 🚔.

Meanwhile, across the ocean 🌊, Chen Rongsheng’s family is basking in sunshine, sipping wine, and enjoying the fruits of their perfectly executed legal exit.

💡 Final Word

This isn’t just a story of a shell company — it’s a textbook lesson:

In the stock market, "cutting leeks" doesn’t need to be shady. Done the “right way,” it’s perfectly legal. And while small investors are left crying, the real players have already cashed out, emigrated, and disappeared.

đŸ’„ A chilling reminder: In the capital game, you’re either holding the scissors, or you’re the leek. đŸ§„âœ‚ïž

#mito #Write2Earn! #trendsetter

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