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Li Changsheng’s identity had been confirmed; he was the real Snake Head of the Nine Headed Snake in Dong Chu Province.
With this confirmation, all of Li Family’s assets were confiscated to the state treasury.
Shares of Li Family’s Changsheng Group were also nationalized.
As a result, Changsheng Group underwent a rare transformation from a private enterprise to a semi-state-owned enterprise. Why? Because the state owned 51% of the shares.
The state would onl ...
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