Comments: GOME controversy in the shadow of World War II with the 3Q

November 10, evening, GOME latest news is that Huang guangyu parties reach an understanding with Chen Fang, Chen did not leave, Zou xiaochun and huangyan Rainbow into United States Board of Directors.

Investors have been awaited good news, both parties have committed to cooperate in all respects, to implement the various actions and measures that the company and the overall best interests of the shareholders to build a stronger and more profitability of the company. Fish net break-GOME unlisted store split plan was shelved.

Market for the two sides welcomed the rational, 11, shouzhang 18.68% reported transaction 25.94 3.24, HK, turnover 8.29 million.

This is the victory of reason.

The current results for all parties is the best choice for big shareholder dilution of equity is not, the right of the parties to the proceedings of the Board of Directors relative equilibrium, GOME assets due to strife and the risk of encountering depreciate significantly reduced. To present both sides of the coin, if you continue to fight, will profit from it. You maintain the interests of the company is to safeguard the interests of the parties, to maintain the company's future is to care for their common future. Otherwise, the hair adhere to attach?

This is a victory for the rule.

GOME between companies, is the founder and a professional manager contest between this contest started to open and transparent manner, shows what public company governance, what is a public company of open and transparent, and Chinese private enterprises for family management, professional managers of an incentive mechanism, by reflecting on the fierce controversy is the scenery of this event. This transparent and open, than unite shareholder of fish too many ordinary investors better than executive orders the parties to break cover up, to maintain a false prosperity is better than too much.

This can be and recent 3Q wars.

3Q wars opened a Chinese Internet dark scene, a party suspected of plagiarism and the other side of the hooligans who are exposed to the light so that hundreds of millions of Internet users had to face up to the current Internet environment in which decision-makers have to face the Chinese innovation enterprises lack creativity. We must thank the reopened panzerina media, it is because of the 3Q wars, for correct diagnosis of disorders of the Internet. On the contrary, those to protect enterprises, under the guise of protecting the user environment of any administrative instructions will enable Internet companies lose the chance of an update. Innovative enterprises in China, will also be staged in various savages under the veil of plagiarism and the looting of the game, eventually the malignant viruses spread throughout the industry, such as the Chinese football as hopeless.

GOME battle, both sides are trying to reach the lowest cost, the new contract mechanism, since at present forces evenly matched, so the new contract will take account of the shareholders, managers, controllers and finally ordinary investors ' interests.

A new contract, the parties to comply strictly with, will be of the highest social efficiency and the lowest overall costs, this should be the future maintenance of the normal market order to contract, let the hand away.

However, GOME prospect is also confronted with three major risks.

A culture of risk.

Worrying is that both sides of the verbal is a short-term expedient, Huang's very strong? could change overnight, after the family tradition to capture aspects of the proposed directors a kinship to close that no professional Manager reserves. The traditional culture, the Foundation was away pain unforgettable, Chen of dilution of equity, be regarded as fundamental, would be contrary to morality, is in the capture of salt on the wound.

Currently, Huang guangyu is still in prison, both wars limited, neither the chips, it is better to tide over.

Chinese saying, gentleman's revenge, ten years later. To present the Chinese business community of the rules of the jungle culture to complain to respect the rules, I'm afraid there is a long way to go.

Second, the rules for the risk.

Let the attention of the Government's attitude. To date, the administrative power responsibly maintained a distance with GOME event, this is the event to open, the United States by the rules of the game. In 3Q event, there is no recourse to law, without recourse to the company rules, but rather let the leadership, Ministry of industry and information technology Minister Li Yizhong said on 9 November, the Ministry of industry and information on this event, the commitment to maintaining the market order and netizens fight both sides indicated interest, subject to the power of command, this is unenforceable by specific rules.

Third, technology risks, GOME stores be fragmented into market and non-listed, this means he is an original won the game.

This example first opened, listed companies control or major shareholders in order to protect themselves, many of the adoption of such measures, listed and non-listed part of mutual benefits, to provide false sales, capital game will emerge. How to eliminate capital player damage the interests of the community, will be the market rules established in the technical aspects of the core.