Development history of Delong model

1986, the predecessor of Xinjiang Delong (Group) Co., Ltd. was formally incorporated. Under the careful training of "experts", Delong has developed from an unknown local financial institution into a comprehensive investment holding enterprise group with a registered capital of 200 million yuan and total assets of more than 4 billion yuan, which is cross-ownership, cross-regional, cross-industry and transnational operation. The Group implements the multi-industry group development strategy of combining basic industries with emerging industries, and has invested in three domestic listed companies, namely, Holding Alloy Investment (0633), Hunan Torch Investment (0549) and Xinjiang Tunhe (600737), and has participated in and invested in dozens of companies in various industries. The business scope of investment holding and shareholding companies involves agricultural development, food processing, building materials production and mineral development, real estate, manufacturing, auto parts industry, financial industry, tourism, cultural and entertainment industry, property and hotel industry, import and export trade and high-tech development. In September 2000, Xinjiang Delong (Group) ranked 18 in the survey results of large private enterprises organized by the All-China Federation of Industry and Commerce.

In the secondary market, in addition to Tunhe, Xinjiang, Alloy Investment (0633) and Xiang Torch (0549), two listed companies controlled by Delong Group, are also big bull stocks that attract national attention, and they are both strong competitors in the Guinness Book of Records of China Stock Market, regardless of their continuous rising time or annual increase. However, unlike the concept of "being a farmer" commonly used by domestic investors, Xinjiang Delong's capital operation ideas and styles are different from those of cashing in when there is a market. When the market is over, it runs faster than anyone else. The latter means of operation is nothing more than opening a warehouse, washing a boat and pulling a tetralogy. After a round of hype, it will last for one year and three months. The former has its own uniqueness. From the example of Tunhe River in Xinjiang, we can see the characteristics of "Delong Model in Xinjiang". This is the so-called Delong model.