Infighting States United States the first three quarters net profit of 1.4 billion board to resolve disputes CHAN.

16 November, GOME in H-share market in the doldrums, all-day closing $ 3.01 per share, representing a decrease of $ 0.18 5.64% decrease and eventually ran big disk. This November "Chen Huang to make peace," the strong share price performance of a striking contrast. The analysts, GOME yesterday's performance on the one hand and the Hang Seng index fell, partly with GOME latest performance. November 15, GOME announced third quarter results. Although the sales revenues, operating profit and net profit, an increase of the company continue to rise, but there seems to be more concerned about the outside world is that its net profit for the price of a competitor suning appliance. Seems to have seen the gap with competitors, GOME continue to stress the importance of a stable, incentive to continue in occupies a leading position in the market. Yesterday, GOME in the international financial newsletterâ in reconfirming notice, "the company will be held on December 17 at 10 a.m. in Hong Kong, the extraordinary general meeting convened to consider Zou xiaochun and joined the Board of directors a huangyan Rainbow thing." Results are not easily "benefiting from strong domestic demand growth, and the company network optimization and effective implementation of the growth strategy, the reporting period, GOME sales income 372.70 billion yuan, an increase of 18.6%; operating profit up by 61.3% and operating profit margins; 18.68 billion from the same period last year 3.7% to this year's 5.0%; company rights owner should account for net profit reached 14.4 billion yuan, an increase of 49.2%. "Given the GOME in international financial newsletterâ press performance report stated that, if and to the first half of the fiscal report comparison, only for the purposes of the third quarter, GOME sales income of 120 billion, operating profit of £ 6 million. Three quarters of the fiscal report also continues to show Chen GOME "imprinted". Results display, GOME stores closing low efficiency, new door between 29 stores in 90 rooms, a net increase of 61 stores, a total of 216 rooms renovation of the store. This along with Huang guangyu "Wolf" expansion mode a certain contrast. But with competitors suning appliance, GOME vulnerable. October 30, suning appliance release third quarter, the first three quarters of this year, the company realized net profit 28.3 billion yuan, an increase of 43.58%, earnings per share of $ 0.4 nearly double that of the United States. At the same time, suning appliance city, third quarter net chains face 131 home, home office number 1235, set the calendar quarter shop new record, "expected 2010 annual company belonging to the owner of the parent company net profit will be compared with the growth of 30% to 45%". It made a difference to many analysts questioned the Chen GOME again. But the Southeast University Law Professor, Mr. Marin told reporters: "this year's faction really on GOME had an impact. But to achieve such data, is also one of the GOME progress. "Mr. Marin, GOME in conflict period achieved results, is not easy. GOME Chairman Chen said that company before the 9-month performance was experienced, but still get the "success". Stability-oriented "is becoming SUNY transcendence. But for GOME, it should not be tangled in comparison with suning appliance, more important or stability. "Yesterday, a long-term tracking GOME of industry insiders told reporters," stability first reflected in the management of solidarity, which at present has been initially do; second is the experience of thinking and the stability of marketing methods, this will require further consideration in the management and confirm. "In fact, the stability is becoming GOME recent important work. Chen in the Bulletin Board of Directors said, "to see a stable environment, as well as management's focus back to the business development and management. "Previously in management, GOME Board of Directors and major shareholders have signed a memorandum of Tsou xiaochun holds company proposed Executive Director, Huang guangyu huangyan Rainbow as a sister of non-Executive Director. In addition, Chen also in media interviews, "management, major shareholders, Bain together realized that stable team maximize the profits of the company. "It is important to note that the in-fighting on Chen performance criticism continued shareholder also issued a statement saying," we took note of the three quarterly disclosure of GOME management status, in the hope that the United States adhere to the correct strategic direction, once again opened the GOME and competitive gaps, maintaining industry leadership position. "Huang guangyu aspects also indicated that the founding shareholders to participate in the Board of Directors, and Board of Directors, management, in consultation with a positive attitude to solve current and future issues that may arise. However, there is still a media speculation, "held at the general meeting of shareholders, GOME strife in the outside world guessing and Chen Huang two confusing relationship yet ultimately a foregone conclusion. Chen Huang can truly reconciliation, GOME future business and the heading are to be seen. "In addition, a source revealed to the media recently, GOME negotiations will continue," but the negotiation mechanisms and frameworks have been reached, the later more is on the Board of Directors to discuss issues within. "