Harbin's century-old A-share delisting huge losses, the old for the late main reasons: 1. the company does not think of progress, no sense of innovation, 2. outdated products are not recognized by the consumer, 3. the development of a single model, did not keep pace with the times.

Many people in Harbin know of the Qiu Lin Group, which is a 120-year history of the old, as an important city of Harbin, an important symbol of food and beverage, which produces a large Lebas, red sausage, bread, Gervais and other delicacies nationally renowned, such a centuries-old store but went to the brink of bankruptcy. Harbin's century-old A-share delisting huge losses, the main reason for the old late in life or the company does not think forward, no sense of innovation, always living in the good old days, resulting in the product was eliminated by the market, not recognized by consumers, while the sales model is also relatively single, did not keep pace with the times, which led to losses towards the brink of bankruptcy.

A, Harbin's centuries-old A-share delisting huge losses mainly due to the lack of enterprising no sense of innovation.

This era has been constantly changing, any enterprise, any company if not thinking about progress, no sense of innovation, then sooner or later will be eliminated by the market. Harbin's centuries-old A-share delisting huge losses this is a living example, they have a brilliant past, but they do not grasp the present without a sense of innovation and do not want to forge ahead, which led to the company's huge losses, and thus delisted from the A-share.

Second, Harbin's centuries-old A-share delisted huge losses products outdated not recognized by consumers.

This is a time of change, with the people's income is getting higher and higher, people's tastes have become more and more picky, Harbin's centuries-old A-share delisted huge loss of the main reason why the product can not be recognized by the consumers, so consumers do not buy a single, which leads to the performance of the worse and worse, resulting in a loss of money, the delisting is also inevitable.

Three, the development of a single model did not keep pace with the times.

We all know that now the traditional industry to do business is very difficult, Internet e-commerce online and offline combination to be able to have a better development, Harbin's centuries-old A-share delisted huge loss of a single model of development, did not keep pace with the times, was eliminated by the market, which is the reason why they are huge losses delisted.