Gome to open special shareholder meeting Bain to implement shares

Source: Internet
Author: User
Keywords Shareholder meeting
At the September 28 meeting of Gome, Gome said Gome will hold a special shareholder meeting on August 4, 2010 to respond to requests received by Shinning Crown Holdings Inc., which was owned by Huang Guangyu and signed by Gome's main shareholder, in the company's name.  Chen Xiao, chairman of Gome's board of directors, said the company was struggling to recover from his arrest and conviction, but had made every effort to regain a strong momentum of development and achieved its performance at the best level of history.  He disclosed that Bain Investment had informed the Board of directors that it planned to convene a special shareholder meeting to convert the convertible bonds into shares in the company. Gome announced the first half of the financial report, sales revenue of about 24.9 billion yuan, an increase of 21.55%, of which two quarters of sales revenue of 13 billion yuan, Gome listed to the highest single season. The owner of the parent company accounted for 962 million yuan, an increase of 65.86% per cent.  Cash flow 6 billion. For Gome semi-annual report, Huang Guangyu family spokesperson said that the first half of the United States performance should be year-on-year growth last year, which, including home appliances to the countryside, the old for new policy factors such as the impact of a large.      He continued to emphasise that Chen's gome strategy was to boost the short-term retail profit figures by closing a large margin of stores below the average level, in a way that looks like a performance, but in fact it lays the golden eggs.    Gome in the period of closure of invalid stores 25, at the same time in a number of cities in the core business district and the advantages of new stores opened 39, completed the original store in 75 of the model transformation.    Gome in the period of sales costs about 22.2 billion yuan, accounting for 89.25% of sales revenue, compared with the same period last year declined. Gome in the period of 2.674 billion yuan gross margin, up 33.17% year-on-year, the increase is higher than sales revenue growth. Gome in the bulletin will be interpreted as a result of the focus on product differentiation operation.  Comprehensive gross profit margin of 17.04%, an increase of 0.56%. Looking forward to the development prospects, Gome said in the announcement, will comply with the company's 5-year development plan, continue to expand the store network, further improve business efficiency, improve customer, supplier relations and expand new business.
Related Article

Contact Us

The content source of this page is from Internet, which doesn't represent Alibaba Cloud's opinion; products and services mentioned on that page don't have any relationship with Alibaba Cloud. If the content of the page makes you feel confusing, please write us an email, we will handle the problem within 5 days after receiving your email.

If you find any instances of plagiarism from the community, please send an email to: info-contact@alibabacloud.com and provide relevant evidence. A staff member will contact you within 5 working days.

A Free Trial That Lets You Build Big!

Start building with 50+ products and up to 12 months usage for Elastic Compute Service

  • Sales Support

    1 on 1 presale consultation

  • After-Sales Support

    24/7 Technical Support 6 Free Tickets per Quarter Faster Response

  • Alibaba Cloud offers highly flexible support services tailored to meet your exact needs.