Gome Huang Guangyu, the demands of the war to reach half of the initial settlement?.

Huang Chen camp <P> peace talks with the family finally reached a compromise outcome, November 11, Gome announced that the State Board and major shareholder of the United States signed a memorandum of understanding and counsel Zou Xiaochun Huang Yanhong Huang sister successfully entered the Board of Directors, .Board of Directors of the United States places in the country by 11 to 13 bits. .This also means that major shareholders had softened the core demands, Chen is still in office. .It is early August the United States control of the outbreak of the battle for the country since the two sides reached the first document with legal effect. .Affected by this news, Gome shares rose to 24% in intraday trading, and finally closed at 3.24 Hong Kong dollars per share, surged 18.68% day. .</ P> <P> Huang aspirations to reach half? .</ P> <P> in the September 28 showdown before, including Bain, Chen and Huang Guangyu, the negotiations between the family has started the core of the tripartite talks mainly three: one, on the company's future development .strategies; Second, restructuring the board, large shareholders to have a reasonable seats, Chairman of the Board Chen should resign; Third, to achieve business and non-listed business listing unified operation. .Huang asked the restructuring of the board, the focus is not to increase the number, but the removal of directors, more critically, Chen must leave; and Bain, and Chen Xiao, expansion type only accept the restructuring of the Board, Chen must remain in a certain period. .The two sides unable to reach agreement on this focus, this time more determined Huang vote has been enough, you can beat opponents in general meeting, to reach one's own aspirations. .</ P> <P> Therefore, Huang asked the Extraordinary General Meeting held as scheduled. .But the results so that yellow big surprise, except to stop the additional motion was passed, the other four divisions lost motion; country the United States is also not easy to win the Board of Directors, each contest between the two sides no more than 4 percentage points. .This pattern, allow both sides to return to the negotiating table once again, the two sides agreed to peace talks outside the media spotlight. .The state of radio silence, from the National Day holiday and has been extended to the end of October. .November 1, is Huang Guangyu, the family claimed that split from the stores listed deadline for the end of October Huang Continuous sent out the signal: "As the Board has delayed response to shareholder demands, the U.S. does not exclude the country planned spin-off." One .time, the atmosphere tense again. .</ P> <P> fact, even at the time, analysts also agree that this practice is Wong family pressure to promote the peace talks, split is the death in breaking move, injuries were the most must be the largest shareholder of itself. .Right now the ending is to make its comments, and 11 months of separation does not come as scheduled, in the public eye, then both sides of the settlement announcement. .</ P> <P> agreement shows that Huang's part of the requirements have been met, and Zou Xiaochun Huang Yanhong to the Board, respectively, executive director and non-executive directors, 3-year term, which makes the rights of major shareholders have some protection on the board. .States United States will soon convene an extraordinary General Assembly to consider the matter. .After being approved, Zou Xiaochun its board of directors will be appointed to the Nomination Committee and Executive Committee members, Huang Yanhong its board of directors will be appointed as members of the Remuneration Committee. .</ P> <P> issues in the restructuring of the Board, Mr Huang's appeal can only count reached a half, 13 in the future expansion of the board of directors, six executive directors in the yellow house in the only two seats (including before .In the Dalloway), four non-executive directors only one seat. .This control board from the Huang family, asked Chen to leave targets are far apart. .Like the September 28 showdown in general, Chen and Bain is greater still the winner, the United States control of the contest board, this is a new beginning rather than a foregone conclusion. .</ P> <P> store is still the focus of non-listed </ P> <P> 11 am, a founding shareholder of Gome Huang Guangyu party issued a statement, said the terms of the founding shareholders are pleased to Gome agreed to convene a special general meeting to .expand the Board of Directors and the appointment of two directors nominated. .The crux of the statement, Huang said through a statement, "If the founding shareholders of appropriate representation in the Board of Directors, a founding shareholder of Gome Electrical Appliances Group will have no intention now to terminate any of the listed and unlisted part of the agreement between the internal and will continue to comply with these .Terms. </ P> <P> This means that the two sides reached an increase in the representation on the board Wong, the Wong Kwong Yu, the first clear that no longer split the non-listed stores. </ P> <P> but .The settlement does not indicate that non-listed companies and listed assets Huang has been negotiated between the integration. The two sides on how to resolve the issue of non-listed asset stores, there are still significant differences. listed companies hope to cash .acquisition approach to the acquisition of assets of non-listed stores, and listed companies can not look out of billions of hard cash, is bound to raise funds through the issuance to do so will inevitably lead to major shareholders being diluted share, Chen's position will become more .stability. This is of course not like Huang Guangyu, Huang Jiaxi hope is that by way of conversion into non-listed assets, without use of funds of listed companies, stock options that will inevitably Huang significant increase in status and the right to speak also .greater consolidation. the manner in which integration of listed and unlisted stores, this issue will be the next wrestling CHAN WONG, including Bain's focus. </ P> <P> reached a preliminary settlement agreement from the current view, Chen Huang .two basic senses, focusing on negotiations to resolve the impasse, which is control over the country compete for the United States towards the healthy development of the signal. It was the afternoon of Jan. 15, Gome will hold a meeting of the Board to create a good atmosphere, the Board will .consideration of States United States the third quarter results and "discuss any other matters." It is reported, the United States and representatives of major shareholders shinningcrown the right to terminate the memorandum of understanding, respectively, by giving 30 days written notice to the other. </ P>.