摘要
No one was happier than Yin Mingshan when shares of theLifan Industry Group (力帆集团), began trading on the Shanghai Stock Exchange at the end of November. The automaker began preparations for theIP(3 three years ago, and finally received approval from the China Securities Regulatory Commission in October zoio. The listing makes it the first non-stateowned car manufacturer to be listed on Shanghai's A-share market, and gives Yin, its founder and chairman, an estimated net worth of RMB 8 billion which makes him one of the richest tycoons in his native Chongqing.