The first person who broke this defect was a woman named Liu Shuwei, who was awarded the "Person of the Year in China Economy in 2002" by CCTV and was called "the conscience of China stock market". 200 1, 10 In June, she directly questioned Lantian's myth with a 600-word essay written by Liu Shuwei to Financial Reference, entitled "The money lent to Lantian shares should stop immediately". After a detailed analysis of Lantian's asset structure, cash flow direction and solvency, she came to the conclusion that Lantian's performance is false and the performance myth depends entirely on bank loans.

A short essay is like a silver needle stuck in a huge soap bubble of Blue Sky. A stock market farce was thus uncovered, and Lantian's black hole of loans was made public. Shortly thereafter, the relevant state banks stopped issuing new loans to Lantian shares. In this way, the capital chain on which Lantian depends is broken. Qu, the head of Lantian, China, was the first to publicly propose that Lantian's capital chain was broken. At the end of 20011,Lantian co., ltd held an extraordinary general meeting of shareholders, which admitted that Lantian was in trouble because the bank no longer extended loans to Lantian. On the morning of June 5438+1October 2 1, 22 and 23, 2002, Lantian was forced to suspend trading.