Baking product chain operator Kristein lost nine years, all stores have suspended operations.

According to the First Financial Report, Krusten Shanghai Headquarters Saturday (March 18) has only one security guard on the first floor.It was reopened on May 30. The salary of our security guard has been owed for a few months, but it is also issued one after another. "

There is no employee in the store in the store of Christine Shanghai.There are still some boxes that have accumulated ash.According to security guards, the 3rd and 4th floors were the office sites of Christine, and there were no one now.The security of this security is the items in the guard store.

An announcement of the Xuhui District People's Court was posted on the wall outside the door.The announcement shows that as the defendant, Shanghai Klissin Food Co., Ltd. has owed a rent of about half a year, with an amount of 121,600 yuan (RMB, the same below, about S $ 23,700).

A Crissin's consumer for more than ten years said: "About half a year ago, Klissin, Yaohua Road, closed the door, but Kristein has no innovative products, and it has always been that.A few things. "

In March of this year, Krissin mentioned in the announcement that the company has delays in paying store rent, supply of goods, and employee salary. As of February 28, 2023,The arrears are about RMB 57 million.Due to the arrears of payment, several suppliers have launched legal procedures and frozen the Group's bank account, which has been frozen about RMB 3.5 million to RMB 4 million.Krissin has supplemented cash flow through loans and assets.

Official website information shows that Kelissat has produced and sold baking products since 1993, mainly operating in the golden area and major cities in the Yangtze River Delta.In February 2012, Christine landed on the Hong Kong Stock Exchange.

Christine's operating conditions have always been poor.The financial report shows that from 2013 to 2021, Christine has lost money for 9 consecutive years.Among them, the net profit attributable to mothers in the first half of 2019, 2020, 2021, and 2022 was -224 million yuan, -110 million yuan, -170 million yuan and 1.073 million yuan, respectively.Moreover, the number of people in Christine has been decreasing.

Zhu Danpeng, a Chinese food industry analyst, believes that for China's baking industry, innovation, upgrading, and iteration must be the main theme of the development of the entire industry.The closure of some old brands is related to the epidemic, on the other hand, it is also related to its lack of innovation, the rigidity of the mechanism, and the aging of the team.