Gome's holdings of US fund shareholders is over HK $550 million

Gome founder Huang Guangyu after the arrest, Gome suffered a 6-month suspension, in the successful introduction of international private fund Bain Investment as investors, Gome after the birth of the fire in the June 23 recovery and the rise of 68.75%.　　Surprisingly, the United States established fund management company T.roweprice after the second day began to frantically reduce gome, three days a total of about 553 million Hong Kong dollars. Organization large reduction of Gome according to the HKEx data show, Gome main shareholder-fund management company T.rowepriceassociates (hereinafter, T. Roweprice) and its subsidiary, on June 24 and June 25, respectively, the reduction of Gome (00493,　　HK) 127.34 million shares and 128.23 million shares, totaling 255.6 million shares, the average price per share of 1.968 Hong Kong dollars and HK $1.841, involving about HK $487 million, and after the reduction of the fund company's shareholding ratio from 8.22% to 6.22%. However, the fund company is not the end of the operation of Gome, on June 26 T.roweprice again on the average price of HK $1.922 per share, the reduction of 34.298 million shares of Gome, set now about 65.92 million Hong Kong dollar, the proportion of its positions further reduced to 5.95%.　　In addition to the previous 2 reduction, the fund company in less than a week, a total of about 553 million Hong Kong dollars. June 23, the Gome Electric recovery Day, the shares to the close of the 68.75% hurricane. It is worth noting that the organization's reduction happened in the Gome after the second day of the license, is a set of eager.　　The stock was then repeated, but it was not significantly affected by the reduction of the Organization's big hands, closing yesterday, the shares closed to HK $1.93, the contrarian Rose 0.52%, a full day deal of HK $575 million. It is understood that T.roweprice is an established United States fund management company, was founded in 1937.　　As at the end of March this year, its management of assets exceeded 269 billion U.S. dollars, and HKEx data also showed that T.roweprice and its subsidiaries, since September 24, 2008 increased holdings of Gome shares to 9.22%, so far a total reduction of 4 times. Some industry analysts point out that, as fund company T.roweprice still hold more than 6% of Gome shares, its shareholding will be interesting, and the market for its continued to reduce the concern, or will weaken the momentum of the rise in Gome's shares. [Page] Gome revival of the fire after the "daily economic news" reported that June 22, Gome successfully introduced investors-International private equity fund Bain Investment under the baincapitalglorylimited, Meanwhile, a new seven-year convertible bond with a total cost of HK $1.804 billion was issued to Bain for investment. It is reported that since last November, Gome founder Huang Guangyu was arrested, the shares suffered a 6-month suspension, as the unit gradually faded out of public concern, gome through the successful acceptance of Bain Capital (Bain) investment and financing, so that the stock finally "rebirth", not only on the day of the recovery deal, the stock price is up nearly 70%. In addition, Gome issued a notice yesterday that the resolution presented at the annual general meeting has been formally approved by the shareholders of the company by shares, in addition Wang Junzhou, Wei Qiuli, Chang, Markchristophergreaves and Thomasjosephmanning have been re-elected as directors of the company at the annual general meeting. It is understood that after the incident of Huang Guangyu, Gome has undergone a greater reform, not only reflected in its shareholding structure, its management team also under the leadership of Chen Xiao's change, following the previous Wang Junzhou, Wei Qiuli and other people were appointed as the company director, at yesterday's general meeting, Gome Group Vice President Sun Yiding also 95.74% in favor of the vote,　　Be appointed as executive director of the company.　　It is understood that Sun Yiding, 41 years old this year, is responsible for the group's business operations, including store management, store location and reloading and so on, with 14 years of sales experience, Sun Yiding is also a director of the Sanlian Trading Company Limited. As of March 31, 2009, Gome's unaudited first-quarter earnings show that it earned about 9.801 billion yuan (renminbi, the same below), compared with 12.176 billion yuan a year earlier, while its first-quarter earnings were 322 million yuan, down 37.23% from a year earlier, But its overall gross profit margin rose by about 0.44% to about 15.8%.