Yang's rise to prominence, financial success, disgrace and possible comeback
China Daily | Updated: 2010-01-11 08:00
1991 - Yang Rong bought major stocks of ailing Shenyang Jinbei Minibus Plant. Through a series of capital operations, Yang established Brilliance China Automotive Holdings in Bermuda to acquire Jinbei.
1992 - Yang brought Brilliance China to be listed on the New York Stock Exchange, the first mainland enterprise to go public overseas, three days before the launch of China's Securities Regulatory Commission.
2001 - Yang was named the third richest man in China by Forbes magazine, with a fortune of 7 billion yuan. The assets of Brilliance, which controlled six listed companies, that year reached 30 billion yuan.
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