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The following article was published in our article directory on March 11, 2011.
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Zhang Dazhong is becoming the Gome's CEO

Article Category: Business

Author Name: xia zihui

Dispatch of sina science and technology on March 9, evening news gome (HK) 00493. Today evening issued announcement, said ChenXiaoJiang current chairman resigned as chairman a duty, the founder ZhangDaZhong replaced by large and medium-sized appliances, since March 10 effect. In addition, SunYiDing will no longer as executive director, this means that last August in prison * of the proposed five proposal is full already achieved.

Video: ZhangDaZhong as gome the chairman of the board

Media sources: CCTV news channel

Gome today through Hong Kong exchange issued announcement says, the chairman of the company ChenXiao due to personal reason resigned as chairman one job, and no longer worked as executive director. Large and medium-sized will succeed gome appliances founder wide board chairman of position, and act as a non-executive director. In addition, SunYiDing will no longer as executive director, ernst &young huaming accountants partners lee port guard will serve as independent non-executive director.

Last August, huang had put in prison five proposal, including cancellation issued, issuing and trading gome shares authorized, revocation ChenXiao, general SunYiDing board chairman and executive director appointed duties, ZouXiaoChun and HuangYanHong for executive director. The ChenXiao and SunYiDing leave board, means that represents the prison five proposal have all reached, big shareholders in gome equity war victorious.

In fact, several days ago have ChenXiaoJiang leaving news, and many events were also show that ChenXiao leave gome already entrenched. In the latest gome conference, the gome put forward this year will open 480 stores goal, set a new stores throughout the most, showing the number of gome this year will be full of strategic expansion trend. This ChenXiao consistent with the steady style that is contrary to accord with big shareholders wong kwong-yu, instead of the strategic thinking.

In addition, the Hong Kong higher court has lifted its asset freezes wife wong kwong-yu, make the cuckoo in Hong Kong can freely dispose of assets, the situation of clear-cut also means big shareholders of company control of further strong. According to insiders revealed, except wong kwong-yu outside, still a push ChenXiao leave gome strength comes from bain capital, "bane capital would not gome's stock is always in the uncertainty factors in does not go up not fall."

The replacement of ChenXiao as chairman ZhangDaZhong is large and medium-sized appliances, founder of the medium in 2007 will all of the shares in electrical 36.5 billion yuan sold wong kwong-yu, retreat of gome appliances industries. ZhangDaZhong for the operation of home appliance interlinks industry is experience over gome in qualification and experience enough, after then rumours suggest, he is the best person to replace ChenXiao.

Although gome's equity struggle is over, but the company shares of the performance remains optimistic. Analysts think that although ChenXiao leave can eliminate gome board rivalries, make the company top in a certain extent stable, but investors can still worry, huang family ruled, whether can of company governance effect, several days ago gome stock price volatility also reflected investors in this respect anxiety.

Last August, huang had put in prison five proposal, including cancellation issued, issuing and trading gome shares authorized, revocation ChenXiao, general SunYiDing board chairman and executive director appointed duties, ZouXiaoChun and HuangYanHong for executive director. The ChenXiao and SunYiDing leave board, means that represents the prison five proposal have all reached, big shareholders in gome equity war victorious.

In fact, several days ago have ChenXiaoJiang leaving news, and many events were also show that ChenXiao leave gome already entrenched. In the latest gome conference, the gome put forward this year will open 480 stores goal, set a new stores throughout the most, showing the number of gome this year will be full of strategic expansion trend. This ChenXiao consistent with the steady style that is contrary to accord with big shareholders wong kwong-yu, instead of the strategic thinking.

In addition, the Hong Kong higher court has lifted its asset freezes wife wong kwong-yu, make the cuckoo in Hong Kong can freely dispose of assets, the situation of clear-cut also means big shareholders of company control of further strong. According to insiders revealed, except wong kwong-yu outside, still a push ChenXiao leave gome strength comes from bain capital, "bane capital would not gome's stock is always in the uncertainty factors in does not go up not fall."

The replacement of ChenXiao as chairman ZhangDaZhong is large and medium-sized appliances, founder of the medium in 2007 will all of the shares in electrical 36.5 billion yuan sold wong kwong-yu, retreat of gome appliances industries. ZhangDaZhong for the operation of home appliance interlinks industry is experience over gome in qualification and experience enough, after then rumours suggest, he is the best person to replace ChenXiao.

Although gome's equity struggle is over, but the company shares of the performance remains optimistic. Analysts think that although ChenXiao leave can eliminate gome board rivalries, make the company top in a certain extent stable, but investors can still worry, huang family ruled, whether can of company governance effect, several days ago gome stock price volatility also reflected investors in this respect anxiety

Gome (HK) 00493. Today 1.773% falling share prices, closing at quote 2.77 HK dollar.

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