06 Mutation: China Su Ning, The United States To Complete The Internal Integration Of Overseas

Years in Chinese smell is strong when Gome Chairman Huang Guangyu some speech in Hong Kong

, not only for China home appliance industry has a new big news, but also to the many Chinese private enterprises an "accident"?? Always had "Huang pure blood" of Gome, had introduced foreign investment.

The second child with the boss seems to always competition so close. Just a week after the trade rumors were more than two months of Suning also of great change within the organizational structure fully revealed, the most concern is that, Suning and its first use for many years "3 matrix management system" for the first time make a big integration Fan Zhijun, and Ling Guosheng two heavyweight veteran has made an exception into the core layer of Suning's top leadership.

As the top two Chinese home appliance chain industry, private enterprises in the country with the United States and Suning, beginning in 2006, a home appliance on the success of private enterprises perform mutation storm, and the two took the opportunity of private capital staged trick once again let the Chinese private enterprises to open a rookie eyes.

Give up "his left hand down," Huang Guangyu to find "foreign monk"

After the Spring Festival, the Hong Kong main board-listed Gome had this terrible news on the burst, the U.S. investment group Warburg Pincus to subscribe Gome issued 125 million U.S. dollars of convertible bonds and warrants 025 million U.S. dollars GOME Electrical Appliances in the form of shares. This has always been "pure blood" of Gome has successfully attracted foreign investment into the first document.

Chairman and largest shareholder of Gome Huang Guangyu in the signing ceremony, said that his company's board of directors has made a commitment in 2007 to international accounting standards for non-listed electrical appliances and consumer electronics retail business audit, and in 2011 to obtain the relevant approval in the premise, all non-listed electrical appliances and consumer electronics retail business into the listed company. This will also mean that Gome will be listed in the next 5 years.

Learned, June 7, 2004, China Eagle Group Ltd. for 8.3 billion Hong Kong dollars (about 8.8 billion yuan) of the cost of acquisition of private Huang Guangyu of GOME wholly owned 65% of the equity market the company also officially changed its name to GOME Electrical Appliances Holding Limited ("Gome"). Gome has not joined the financing side, without listing road show, the only by Huang Guangyu of "one hand to the" overnight to backdoor Eagle listed Gome, Huang Guangyu has therefore got a "capital operation of the master," the name . However, China Eagle was acquired by Gome Gome Group is part of the acquisition of the target company only, including Beijing, Tianjin, Shandong, Shenzhen, Chengdu, Chongqing, Xi'an, Shenyang and other 22 mainland provinces and cities in 94 retail chains, Gome , Hong Kong, Shanghai, Changsha and other places of the 37 countries where the U.S. chain was not.

Clearly, Warburg Pincus of the funds for the overall market and the expansion of GOME is essential. And Huang Guangyu this approach is very clear, is to use American money to expand their influence, their first listed in Hong Kong, "one hand to the" very different from the internal operation. This, insiders speculate, Huang Guangyu of this is to avoid risk, but mostly family-run private enterprises is an inspiration. Because for many Chinese private enterprises, and families out of their own limitations, to give up inherent "Baotuan" concept will make its own way wider.

Integrated organizational structure Suning old poised to expand

Gome be introduced in a few days later, the industry rumor two months of Suning Appliance has finally announced the new organizational structure. The biggest change is the reform of Suning's first few years and continue to use the "three-tier matrix management system" has been re-combed, the expansion of U.S. intentions and the National coincide. While achieving the same is precisely illustrates the appliance Private Enterprises in China's private enterprise reform in the guts and courage.

06 Mutation: China Su Ning, The United States To Complete The Internal Integration Of Overseas

By: ryyy

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