Aspiring to develop a small company into a publicly listed enterprise.
That requires too many factors: a good management team, a growth strategy, and an array of essential, outstanding administration.
Yet to bring a listed company to its knees, perhaps just a trivial document, an obscure investigation might suffice.
Clearly, Tengying Group is currently facing all of this.
First, a financial clerk who had been arranged by Huayi to work there for over two years publicly accused them of tax evasion and fraud.
Then came Mr. Yan, who, with a great deal of influence, directly applied for an investigation team from above.
The team settled in to internally inspect the chairman himself.
If something like this happened to a typical entrepreneur, they would generally be nearing their end.
After all, when an investigation team takes residence within a company for an inspection, they are bound to hold some evidence.
This is an extremely unfavorable signal for the entire capital market.
