Bankruptcy: Another Famous Fujian Enterprise Has Gone Bankrupt. He Has Been The Elder Brother In The Outdoor Field.

Today (December 31st) evening, the Fujian Columbian outdoor products Limited by Share Ltd (hereinafter referred to as "ST Columbian step") issued a notice that the company received the "civil order" of "Mak 0105 break 4 No. four" made by the people's Court of Mawei District, Fuzhou, Fujian in December 30th. Due to the expiration of the deadline for submitting the reorganization plan, ST Coulomb failed to submit the draft reorganization plan, and no investor participated in the reorganization. The manager applied to the court to terminate the bankruptcy reorganization process in accordance with the provisions of the seventy-ninth and third provisions of the People's Republic of China enterprise bankruptcy law and to declare bankruptcy of ST Columbus. In accordance with the provisions of the seventy-ninth section and third paragraph of the bankruptcy law of the People's Republic of China, the court decided to terminate the reorganization process of ST Columbus and declare the bankruptcy of ST Columbus.

ST Colombian stock has been suspended since its opening in October 16, 2017. Due to the fact that the liquidation and liquidation of the bankrupt property involved in the liquidation and liquidation has not yet been determined, the discussion, deliberation and execution of the scheme will take a long time. In order to ensure the fairness of information disclosure and safeguard the interests of investors, ST Colombian stock will continue to suspend the transfer.

Fujian Columbian outdoor products Limited by Share Ltd was founded in 2003, the legal person Pan Yuhan, March 14, 2003, Fujian Qian Kun sporting goods Co., Ltd. was established, and later renamed Fujian Colombo step outdoor products Co., Ltd. In July 23, 2015, the name of the company was changed from "Fujian Columbian outdoor products Co., Ltd." to "Fujian Colombo outdoor products Limited by Share Ltd".

The "Columbia step" brand has become the leading brand of outdoor products in China. The company is a company specializing in the design, production and sale of outdoor products. It has independent Kolumb brand. At its peak, it has more than 600 stores and shopping malls in major cities in the country, and its annual sales growth rate is over 50%.

As of the first half of 2019, the Colombian operation achieved 139 thousand and 200 yuan of revenue and profits of -137.08 million yuan, compared with 1-6 yuan in 2018 and 3 million 424 thousand and 700 yuan in profits, and the profit was -573.58 million yuan, the income dropped sharply during the same period. The main reason was that the former chairman of the company lost contact with Wei Qinghua and 23 days later filed a bankruptcy reorganization with the people's Court of Mawei District of Fuzhou.

At that time, ST Columbian said that the company is actively adjusting its business ideas and preparing talents to provide a good foundation for further upgrading of the brand. However, due to factors such as macroeconomic downturn and company management fluctuation events in recent years, the operation of ST Columbus has been seriously affected since 2016. As of June 30, 2019, all offline stores have been shut down, all online businesses have been outsourced, no sales teams have been sold, nor can they organize the supply of goods. They only charge the brand authorization fee while cleaning up the stock of tail cargo.