GOME two camps suspense is reconciliation huangyan Rainbow will into the Board of Directors

November 10, evening, GOME a paper notice announced that Huang guangyu and Chairman Chen between months bucket final ended with a compromise between representatives Zou xiaochun Huang guangyu huangyan Rainbow will enter the Board previously direct disputes with many beautiful non-City store will abort the unbundling

According to the bulletin Huang guangyu and Chen has signed a memorandum of understanding between the United States Board of Directors will be expanded from currently and appoints Zou xiaochun and huangyan Rainbow as American Board of Executive Directors and non-Executive Director

Announcement: us step will convene an extraordinary meeting in East get East approval huangyan Rainbow and Zou xiaochun will enter us-Board of Directors in this premise Zou xiaochun and huangyan Rainbow will be appointed as a member of the Board of Directors will be appointed Zou xiaochun to Board of Directors in the case of the Nomination Committee and Executive Committee member, Ms. WONG will be appointed to the Board of Directors in the case of the remuneration Committee members agreed to take us to build stronger more family with surplus capacity but both sides respectively shall be entitled to terminate the memorandum provided advance notice to the other party is

With regard to the current capture does not terminate non-City store and city store any related agreement entered into between.

Journalists from close to Carchemish Department learned of this also means that the two sides with regard to non-City store Division reached by non-City store will no longer be split up by us, the Board of directors include Executive Director Chen, Wu Chien Hua, Jun Wang Chau, Wei Qiu and Sun-non-Executive Director Jonathan, Ian ndrewReynolds and wangli hung and independent non-executive directors Sze, Chen Yu-sheng and homas oseph anning

Such directors represent the only Wu Jianhua Huang guangyu, Chen, Wei Qiu Wang Chau, stand, Sun Ding represents the beauty of the incumbent management of Jonathan and the other two Bain's strategy is to reach the Board Princess Yang, General Manager Wang Yan Zou and Wong joined that will greatly enhance the CSA Board of Directors the right to speak but not to actually talk to the time observation.

Huang guangyu party agrees not to divide us and non-City store

GOME announcement last night announced and shareholder hinning rown (wholly owned by founding Huang guangyu) signed a memorandum of understanding between the United States agreed to convene an extraordinary meeting to explore the East East supports the Board of Directors to increase the quota by-appointment of two members, as well as by hinning rown nominated non-Executive Director

Memorandum of understanding at the same time reveal the shareholder side has no intention of ending the American Group's part and made between non-City section of any existing intra-group agreements and will continue to comply with the terms of the agreement.