Job Recruitment Website - Recruitment portal - Why did SASAC of Shaanxi acquire St. Fu You?

Why did SASAC of Shaanxi acquire St. Fu You?

Get out of debt trouble. Since the listing of ST Fu You started in 2009, financial fraud, bribery of executives, bribery of dealers to obtain original shares and other issues broke out frequently. Faced with the difficulty of shareholders' withdrawal, Shaanxi State-owned Assets Supervision and Administration Commission acquired it, integrated two high-quality assets with Qinghai Hengxinrong Lithium Industry, and reorganized and packaged it for listing.