Gome Electric Group will exercise all the powers under the warrants

NetEase Financial January 24 News Gome (00493) announced that the holder of warrants to exercise the notice, inform the group that it will exercise all the rights under the warrants, to subscribe to the amount of 25 million dollars in the new shares.　　Under the terms of the warrants, a total of 109 million shares have been issued to the holder of the warrants at a rate of $0.2298 per share at the exercise price, or about 0.651% of the issued share capital prior to the exercise of the shares, or about 0.647% per cent of the expanded share capital. China Merchants Securities (Hong Kong) Research department estimates that gome 2010-2012-year earnings per share of 0.12 yuan (RMB, the same below), 0.14 yuan and 0.17 yuan.　　The company's target price of HK $3.2, corresponding to 19X2011PE, rating maintained neutral. As of January 24, Gome reported a 2.850 Hong Kong dollar, down 0.35%.