MBO is a very common incentive method abroad, Yutong Auto MBO. However, "the property rights system reform is the link with the greatest risk in the process of China's economic system reform. There are many complex factors for SOEs to implement MBO. Due to the tendency of extensive movement in the process of 'State retreats and private advances' and the lack of relevant laws and regulations, there have been many problems in the practical operation of MBO. For example, information asymmetry and suspected manipulation by management, all these can easily lead to corruption factors." He Xiaofeng, director of the Department of Finance at Peking University's School of Economics, analyzed. "From the development of micro-subjects, 'State retreats and private advances', Yutong Bus MBO, realizing the preservation and appreciation of state-owned assets, different implementation paths can be found, and different schemes can be designed. MBO is just one of the ways of property rights system reform, but it has become the main way of 'State retreats and private advances' in a period of time." It took Tang Yuxiang two and a half years from the implementation to the completion of Yutong Bus MBO. The privatization reform in 2001 was one of the important turning points in the development of Yutong Bus Company. Tang Yuxiang said that the reform thoroughly straightened out the property rights relationship of the enterprise, and since 2001, Yutong began to develop rapidly. In less than ten years that followed, Yutong's sales increased more than ten times. In 2001, Yutong's sales were 1.4 billion yuan, and in 2009, it achieved a turnover of 15.026 billion yuan. The success of Yutong Bus MBO turned a small enterprise into one of the top 500 companies, and also led Yutong's bus industry to brilliance. Over the years, everyone has seen the unique advantages presented by Yutong Bus MBO. Every successful case of Yutong Bus is not a coincidence, but an inevitable result. Tang Yuxiang once said, "Rather do extraordinary things than say extraordinary words." Indeed, he practiced what he preached. Focusing on the internal aspects of Yutong Company, after the successful implementation of Yutong Bus MBO, it seemed to have changed the ownership system of Yutong Company on the surface, but in essence, it optimized the employee management system, thus mobilizing the enthusiasm of the internal employees of Yutong. Eventually, it improved the efficiency of Yutong Company and adapted to the development trend of the contemporary market. Yutong Bus quietly occupies an increasing share in the big cake of market benefits.