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    Fortune Bird Went Bankrupt And Auction Ended. The Price Was 234 Million Yuan.

    2019/11/1 11:10:00 3

    Online Retailers

    The third bankruptcy auction launched by fortune bird in October 28th finally welcomed the receiving party. The auction price for the auction was 182 million yuan, and the bid number of "B9332" was 234 million yuan for the bankruptcy of fortune bird company, including about 120 million of the receivable prepaid claims, 52 million 681 thousand and 200 yuan of raw materials and other products, 26 million 975 thousand and 900 yuan of long-term equity investment, 1 million 213 thousand and 400 yuan of machinery and equipment and other fixed assets and 82 million 141 thousand and 100 yuan of trademark patents and other intangible assets.

    It is worth noting that the auction price of fortune bird's bankruptcy auction has been "folded up". In October 8th, fortune bird company made its first bankruptcy auction, with a starting price of 284 million yuan. 24 hours later, the auction ended in "filming". In October 17th, the company resumed its auction process. This time the auction price was lowered to 227 million yuan, compared with the first twenty percent off, but it still ended in the auction. And this auction is the first auction price of twenty percent off and then twenty percent off, finally finally welcomed the receiving party.

    The bird of wealth was founded in the 90s of the last century. Public information shows that in the glorious stage, rich birds had more than 3000 stores and tens of thousands of employees. In 2007, founder Lin peace brothers had a value of 5 billion yuan. In 2013, birds of fortune were listed on the Hong Kong stock exchange. Shortly after the listing, fortune bird performance began to decline.

    Related announcements show that in 2014 -2016, the net profit of rich birds was 450 million yuan, 390 million yuan and 160 million yuan respectively. From 2015 onwards, the company's performance continued to decline, to the first half of 2017, the net profit of rich birds is even a loss of 10 million 887 thousand and 300 yuan. At the same time, the company began suspension in August 2016. The suspension was due to "additional time needed to complete the compilation of some information for the interim results", but the suspension has been suspended until the bankruptcy liquidation.

    In August 9th this year, the Stock Exchange issued an ultimatum to the birds of fortune. The final listing date will be August 23, 2019. In August 26th, the bird of fortune has been cancelled.

    Source: Zhong Fang Wang: Duan Fang Yuan

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