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however, the gears of fate were turning. in 2007, chen rongsheng decided to focus all his energy on the real estate industry and changed the company's name to chuangxing real estate. but the good times didn't last long. the impact of real estate market regulation caused the company's revenue to drop sharply, and it had to find a new direction. in 2011, chen rongsheng led the company to turn to the iron ore field, and eventually the sales revenue of iron powder, one of its main businesses, exceeded that of real estate, and the company was renamed chuangxing resources. however, as the global iron powder price continued to fall, chuangxing resources' performance cooled down and it had to sell its iron ore assets. in 2015, the company began to get involved in the construction and decoration materials industry, trying to find new growth points. however, during the transformation process, chen rongsheng and his son gradually reduced their holdings to cash out, sold the company's shares, and finally stepped down in january 2023. yu zengyun became the new actual controller of chuangxing resources.

the new actual controller's takeover filled everyone with hope. but the reality is often cruel. chuangxing resources continued to lose money, and the market was full of doubts about its future. just when people were worried about the future of chuangxing resources, an unexpected event quietly occurred: yu zengyun suddenly lost contact. his disappearance brought huge challenges to the company and also plunged investors into anxiety.