First, the continuous decline of the stock market.
The decline of the stock market is related to the lifeblood of the whole group, and the temporary decline may be made up through some channels. However, for the old Qiulin Group in Harbin, the stock fell for three consecutive years, which caused serious losses to the company's economy and had a serious impact on the company. Finally, the group had to list new shares, thus facing the delisting point.
Second, lose the chairman.
At the same time, the chairman lost contact and the company lost funds, which led to the economic crisis of the group and the stock continued to fall. In this case, the group could not find the help of funds in time, which led to the group's normal operation. This old group was once and probably well known, and its brand won the hearts of the people. It is a great pity to face delisting.
Third, there is no innovation.
Only by continuous innovation can a team make the group grow stronger and keep pace with the times. Without innovation, the traditional model will only make the group fall into crisis, stagnate and let others step on it. Therefore, innovation is very important for such a huge group. Only by continuous innovation can the group grow and develop.
Why do you think Harbin Time-honored Brand Group has developed like this? Welcome to leave a message in the comments section.