Chen Xiao, Gome throw line on behalf of the shareholders to make Paradise - GOME Electrical Appliances, Chen Xiao - household appliances

Chen Xiao, Gome throw line on behalf of the shareholders to make Paradise - GOME Electrical Appliances, Chen Xiao - household appliances

< BR> reduction of 903.53 million shares of about 2,000 million cash


Gome

(00 493) President Chen Xiao split on September 21

States United States

903.5335 million shares, its stake from 2.05% to 1.99%, less than overwhelmed by the market value of equity holdings of 20 million Hong Kong dollars. However, Chen Xiao stressed that he merely held in the name of its former holdings on behalf of shareholders of Wing Lok system threw away his own country without U.S. equity holdings.


States U.S. official explained, Chen Xiao "underweight" to split their shares to the actual name of shareholders to complete the true independence of ownership. It is reported that the United States at the initial state when the acquisition of the Paradise, about a dozen individuals to hold shares on behalf of CHEN.


Chen Xiao yesterday in a telephone interview with this reporter, also stressed that "I do not stake the U.S. reduction of the country." Chen Xiao said that as of yesterday, held in the name of Paradise by their department on behalf of shareholders equity has been thoroughly clarified. This means that after another to "Jensen" Reduction of the country on behalf of U.S. equity holdings of real people who will be Chen Xiao.


This year on February 2, February 4, Chen Xiao, Gome stock holdings twice, for a total cash 81 million yuan. July 6 this year, Chen Xiao, Gome has also announced 7,000 shares her stock option grants.


The other, the National Stock Exchange of Hong Kong also disclosed yesterday the United States, with recent announcements of convertible bonds due 2014 redemption of principal amount of about 1.326 billion yuan of convertible bonds, the redemption of action has on September 24 off purchase of way through completion and will be on Sept. 29 to pay redemption of the bonds. States United States revealed that the outstanding principal amount of convertible bonds balance of 3.274 billion yuan.

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