Problems on such a large scale don't come into existence overnight, nor are they easily resolved. Hou Hsi-feng, chairman of the Hanyang Group which owns Kuoyang, bounced a check on November 9, and announced his resignation from his position with the group the next day.
國揚實業十一月五日險些出現違約交割，冰凍三尺非一日之寒，漢陽集團董事長侯西峰個人仍於九日跳票，並於十日辭去漢陽集團所有職務。