With both sides open conflict, the majority shareholder Wong Kwong Yu began an open letter and press releases, etc., to express the original intention of the restructuring of the Board of Directors. Had 33.98% stake in the hand is a large shareholder, as long as the 2-3 win the support of institutional investors, it is expected his proposed Extraordinary General Meeting, over 50% of the vote to let Xiao-out.
However, the majority shareholder of good cards, but because of strategic mistakes before losing the effect. First, Gome five executives collectively at the Beijing debut position closely aligned with the Board, major shareholders in accordance with the understanding that this is the core management “in the special environment of the insincere expression of words”, but “not many people are worried mixed in the rivers and lakes on the choice of expediency. ”
Huang Guangyu, however, the old high-handed policy and absolute family business model that allows them to enter about 10 years, Gome executives to finally CHEN here.
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