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    The Stock Of Columbus May Be Terminated

    2016/9/8 9:52:00 36

    Columbus StepsSuspension Of PferSuspension Of Listing

    ST

    Kolumb

    Due to failure to disclose semi annual reports in 2016

    Suspension of pfer

    General manager Tang Wenbin and supervisor Qian Xuefeng recently resigned.

    At present, the shares of the company have been temporarily pferred to the stock pfer system. If the semi annual report can not be disclosed before October 31st, the company's stock may be pferred.

    Termination of listing

    Just last month, the former chairman of the board of supervisors Chen Lixia resigned. At this time, the general manager of the company, Tang Wenbin and supervisor Qian Xuefeng, resigned.

    According to data from the Research Institute of Dubai new three board, ST Columbus income in 2014 was 148 million yuan, and its profit was -4073 million yuan. In 2015, it achieved a profit of 139 million yuan and a loss of 29 million 610 thousand yuan. The cash flow generated by business activities has been negative for three consecutive years. The total liabilities of the company are 199 million yuan and the assets liabilities ratio is 70.79%.

    Since mid April 2016, before the chairman Wei Qinghua pledged all the shares held by the company, the resignation letter and lost contact, the company was in turmoil, so it was impossible to disclose the 2015 annual report in April 26th.

    Since May 3rd, the stock of Columbus has been suspended.

    With the new chairman taking office, Colombian began to gradually resume operation. In June 28th, Columbus finally revealed that the annual report avoided the risk of delisting.

    It has been more than a month since the annual report crisis. Columbus also announced that the company's semi annual report in 2016 could not be disclosed on schedule in August 25th.

    ST Colombian said, because the company needs to carry out the national warehouse and store inventory, and the inventory workload is large, resulting in the company's semi annual compilation work has not yet been completed.

    ST Colombian said that if the company could not disclose the semi annual report before August 31st, the company's shares would be suspended.

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