Columbus'S New Three Board Listing Dream Is Basically Hopeless.

"The successful launch of the new three board has enabled us to get enough capital, whether it is product development, production or marketing activities, which will become more flexible.

Of course, the listing is

It provides a better platform for development, but in the end, the real development of enterprises still needs their own strength. This is only a good opportunity. The temporary recognition of capital market does not mean that it will win in competition, and more efforts need to be gained.

Approval. "

This is the statement made by Wei Qinghua, chairman and general manager of columbine during the ISPO Beijing exhibition this year. However, a few months later, Wei Qinghua, who was still in high spirits, resigned and lost contact with the company.

Recently, the Columbian steps announced that 3 senior managers, including the chairman of the board of supervisors and deputy general managers, have resigned one after another.

The industry believes that the chairman has run away and the financial situation is chaotic.

The Columbian steps show that Chen Lixia, chairman of the board of supervisors of the company, resigned from the chairman and supervisor of the board of supervisors, and Li Xianxiang, director of the board of directors, resigned from the board of directors; Deputy General Manager and secretaries general Li Weijun resigned as deputy general manager, secretaries and directors.

According to the relevant provisions of the company law and the articles of association, the company will elect a new supervisor and chairman of the board of supervisors and directors as soon as possible.

The company's sponsor, Guotai Junan, issued a risk warning announcement to remind investors that there is a major uncertainty in corporate governance and the company's ability to continue to operate.

It is understood that the collective resignation of Colombian executives led to the remaining 3 directors of the board and 2 of the board of supervisors, with only 2 remaining senior executives.

According to the regulations, the Limited by Share Ltd shall have a board of directors with a membership of 5 to 19 members, and no fewer than 3 members of the board of supervisors.

Guotai Junan believes that the board of directors, board of supervisors and senior management of Colombian may have the risk of failing to perform their duties and regulate their operation as required.

In addition, at present, Columbus is unable to get in touch with the actual controller, controlling shareholder and legal representative, Wei Qinghua, a wholly owned subsidiary of Fuzhou.

The company has suspended production, some of its bank accounts have been frozen, and the company's tax control machine has been discontinued. The company's official seal, financial seal and contract seal are still being kept in custody by the public security organs.

As an outdoor sports brand that has been known as a pathfinder in China, Columbus stepped into the market in 2009 after the Pathfinder went public. The initial idea was to be listed on the gem as Pathfinder.

In order to expand the scale, the Columbian step expanded the store from more than 200 to more than 600 in a short time, but encountered the IPO gate in the final stage of the layout market sprint. In November 3, 2012, after the issuance of Zhejiang world treasure, the SFC launched a massive IPO self check and verification campaign, and IPO stopped until January 2014.

This also let Columbus dream of breaking the gem, instead of choosing the new three board listing.

But before the quick start and instant benefit mode of opening a shop has led to a huge financial crisis.

At the same time, Wei Qinghua further increased the financing.

The number of shareholders of Columbus steps has reached 28, of which Wei Qinghua shares 46.22%, and 4 institutions and enterprises share 7.4% respectively, the five largest shareholder before Columbus.

After the new three board listing, Wei Qinghua's shareholding ratio further reduced, holding a total of 28 million 620 thousand shares of the company, accounting for 42.72% of the total share capital of the company.

At present, these shares have been fully pledged.

It is worth noting that up to now, the Columbia step has not disclosed the 2015 annual report.

According to the relevant provisions, if the Columbus step before June 30, 2016 (including June 30th) still can not disclose the 2015 annual report, the company's stock has the risk of being terminated.

The industry believes that although Columbus has occupied a place in the domestic outdoor products market, the confusion of business strategy in recent years has left its past dominance intact.

After the resignation of the important executives of the company, the dream of the new three board listing of Columbus is basically hopeless.