Share Reform, then Turnaround for Founder

By staff reporters Yu Ning and Zheng Fei

Founder Group was one of dozens of moneymaking enterprises owned and operated by the prestigious Peking University.

Li You was a successful businessman, trained as an accountant, and a talented financier whose stock market plays made him rich.

The two converged a decade ago when Li was named vice president of Founder's listed subsidiary. He rose to CEO of the group three years later, and then became a major stakeholder as part of the company's successful shareholder reform initiative.

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