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Share Reform, then Turnaround for Founder

By staff reporters Yu Ning and Zheng Fei
a

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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