The founder of the noble bird receives the order of limited consumption! What happened to the richest man in Quanzhou

category:Finance
 The founder of the noble bird receives the order of limited consumption! What happened to the richest man in Quanzhou


uff081uff09 When taking the means of transportation, choose plane, train soft sleeper, ship class 2 or above;

uff082uff09 High consumption in hotels, hotels, nightclubs, golf courses, etc;

uff083uff09 Purchase real estate or build, expand or decorate high-grade houses;

uff084uff09 Renting high-end office buildings, hotels, apartments and other places for office work;

uff085uff09 Purchase of non essential vehicles;

uff086uff09 Tourism and vacation;

uff087uff09 Children attend high fee private schools;

uff088uff09 Pay high premium to buy insurance financial products;

uff089uff09 Other consumption behaviors that are not necessary for life and work, such as taking all seats on G-shaped multiple units, and other first-class seats on other multiple units.

According to the data, guirenniao Co., Ltd. was established in July 2004 with a registered capital of about 629 million yuan and its legal representative is Lin Tianfu. Its business scope includes the production, research and development, wholesale and retail of shoes and clothing; the production, research and development, wholesale and retail of sports goods, sports equipment, sports protective equipment, suitcases, bags, socks and hats.

The noble bird was listed in 2014 and was once known as the first stock of A-share sports brand, with a total market value of more than 40 billion yuan. After landing on a shares, the debt began to bear pressure year by year, and the share price of the noble bird went down all the way. As of April 30, this year, the trading was suspended, and the market value was only 1.836 billion yuan.

Lin Tianfu source: Jinjiang News Network

It is worth noting that tianyancha app shows that in September this year, guirenniao Co., Ltd. has been listed as the subject of enforcement by Xiamen intermediate peoples court and Quanzhou intermediate peoples court, with a total execution target of about 269 million.

According to the Yangtze River business daily, Lin Tianfu, the chairman of the noble bird, rarely appeared in public. Except for some reports before and after the companys listing, he hardly ever received an exclusive interview from the mainstream media.

According to the official data of the noble bird, Mr. Lin Tianfu is a Chinese Hong Kong resident with permanent right of abode in the Philippines and is studying EMBA. He once served as the director of kingbird sports goods, and now he is the chairman and general manager of guirenniao Co., Ltd., and also serves as the director and general manager of guirenniao group, Boshi Hong Kong, haihao, Bozhi cultural products, Youhua management consulting, Hongzhan Hong Kong and Hongzhan Xiamen, and the director and general manager of guirenniao Xiamen. Lin Tianfu is a member of Quanzhou CPPCC, vice president of Quanzhou Federation of industry and Commerce (General Chamber of Commerce), specially invited vice chairman of China billiards association, specially invited vice chairman of China Golf Association, vice chairman of the Fourth Board of directors of Beijing University of technology, and executive director of China Leather Association.

In 2015, only one year after the noble bird was listed, chairman Lin Tianfu once won Quanzhous richest man for the first time with a fortune of 19 billion yuan, ranking 108th in China. However, in this years Hurun rich list, Lin Tianfu ranked 331 in China with a fortune of 11 billion yuan, behind the Xu Shihui family of Dali food.

It is reported that Lin Tianfu, chairman of the board, has been preparing for the listing of the noble bird for several years. Public information shows that Lin Tianfu, who started his career in the production and sales of sports shoes, is the founder of the noble bird brand. In 1986, with the development of clothing retail industry in Jinjiang, the shoe industry gradually occupied a large part of the local market. At that time, Lin Tianfu was engaged in the production and wholesale of sports shoes, OEM and export trade services in the form of individual businesses, Fujian Jinjiang contented shoes and Clothing Co., Ltd., and Fujian noble bird Sports Goods Co., Ltd.

This year, novel coronavirus pneumonia is still in the doldrums due to the impact of the new crown pneumonia epidemic. According to the first quarter report in 2020, guirenniao achieved a revenue of 173 million yuan, a year-on-year decrease of 66.92%; the net profit attributable to shareholders of listed companies was RMB 200 million, a year-on-year decrease of 1543.56%.

The house leaks and rains at night. Recently, the guirenniao announced that it received the decision on Issuing warning letter to guirenniao Co., Ltd., Lin Tianfu and Lin Sien issued by Fujian regulatory bureau of China Securities Regulatory Commission on January 22. From January to September 2019, guirenniao and its related person Lin siliang had related party transactions, of which 40 million yuan was the noble birds loan to Lin siliang, forming the non operating assets of related parties Gold occupation, accounting for 2.61% of the net assets of guirenniao at the end of 2018.

As for the above non operating capital occupation of related parties, the noble bird failed to perform the examination and approval procedures of related party transactions and the obligation of information disclosure. Fujian securities regulatory bureau decided to take regulatory measures to issue warning letters and record them into the integrity archives database of securities and futures market.

Screenshot of announcement

More than that, the noble bird is still mired in debt. On September 22, the noble bird announced that it had received litigation and arbitration due to its failure to fulfill its debt repayment obligations on schedule, involving a principal of 406 million yuan. On the 23rd, * ST announced that it had received the enforcement ruling of Xiamen intermediate court and was listed as the person to be executed for failing to repay the first phase of non-public directional debt financing instrument of 2016 on time, involving a principal of 80 million yuan. This is not the first debt default of * ST this year. According to the data, only in the first half of 2020, * ST has been listed as the executee for many times, with a total amount of about 400 million yuan. In an interview with the media, economist song Qinghui believes that, according to the current trend, in the context of lack of cash flow and high debt, it may be difficult for the noble bird to achieve a performance reversal in 2020. (Zhongxin Jingwei APP) source of this article: Chen Hequn, editor in charge of Zhongxin Jingwei_ NB12679

More than that, the noble bird is still mired in debt. On September 22, the noble bird announced that it had received litigation and arbitration due to its failure to fulfill its debt repayment obligations on schedule, involving a principal of 406 million yuan. On the 23rd, * ST announced that it had received the enforcement ruling of Xiamen intermediate court and was listed as the person to be executed for failing to repay the first phase of non-public directional debt financing instrument of 2016 on time, involving a principal of 80 million yuan.

This is not the first debt default of * ST this year. According to the data, only in the first half of 2020, * ST has been listed as the executee for many times, with a total amount of about 400 million yuan.

In an interview with the media, economist song Qinghui believes that, according to the current trend, in the context of lack of cash flow and high debt, it may be difficult for the noble bird to achieve a performance reversal in 2020. (Zhongxin Jingwei APP)