Suning April 9 Suspension Medium And Large Electrical Appliances: No Hurry To Sell

Suning Electrical Suspension, medium and large appliances come forward to clarify

information related shops, will be "Suning 3.0 billion acquisition of large and medium" rumors climax.

Yesterday (April 9, 2007), medium and large electrical Advertisement Promotion Department director, said Luo Liangong open, large and medium enterprises is not exclusive to maintain communication with the industry best, not be ruled out at the right time "while selecting the best together" the possibility to for greater market space, and better development platform. But now, not with any company large and medium

Cooperation Matters reached a consensus. Sized high-level reporter's interview, explained: "Not anxious to sell it to medium and large, we just hope to find a like-minded, strong partners to cooperate or merge, in order to faster development of enterprise." As for the rumors of large and medium external 3.0 billion worth, medium and large top that it was given to medium and large external assessment of inconvenience to answer.

In fact, the rumors of large and medium Suning negotiation as early as last year

States United States Acquisition time of Yongle once widespread. However, when Suning insiders told this reporter, "Dazhong asking price too high", the cooperation of both sides on this stranded. Medium and large acquisition rumors began Chongqing, Nanning, Taiyuan three stores adjusted by Suning in Taiyuan and other places took over the medium and large parts of the sky stores.

This connection, Luo lien, Chongqing, Nanning, Taiyuan to store adjustment, is sized to implement the 2007 "leading Beijing, North China and strong" active choice of development strategies aimed at strengthening the focus on strengths

Management , The independent development of bigger and stronger, to maintain its development capacity and profitability improved. Is an independent, normal business activities, and other companies, and other matters not related. According to report, medium and large in these three places there are 8 stores, which, Taiyuan, Nanning have two, and efficiency were unsatisfactory. Large and medium high-rise that has not so far away need to continue to develop small enterprise market, profit contribution, this is a timely strategic contraction.

In addition, some stores took over from the same industry, with industry development needs based on their own choices, main content is the property

Lease Level change and other business relations between the specific measures, the current does not involve a deeper level of cooperation. Widely believed, even referring to Romania, "the industry" is Suning.

However, Sun Weimin, vice president of Suning Appliance to newspaper reporters that "three out of the above medium and large, we only ask the landlord to discuss matters over shop lease, but have not yet reached an agreement not to take over large and medium Suning any stores in the area. "affected by the rumors, Suning Appliance (002024) yesterday (April 10, 2007) announcement that, due to public media, the information on the Suning Appliance Co., Ltd., the company may

Stock Great impact on trading prices, according to relevant provisions of the company's application, the company shares on April 9, 2007 suspension from the time when the market opened. Suning has not disclosed the relevant aspects of the day to clarify the notice.

Dazhong Paradise Disputes harder In China Home Appliances Chains, Gome, Yongle after the merger, the development direction of large and medium always affects people. Currently, its denunciations of Paradise matters pending.

Luo lien, Dazhong and Yongle surrender, medium and large choice of development model, are two separate events, not necessarily linked. Prior breach of contract because Yongle, Dazhong under the "Contract Law" was the relevant provisions of law in October 2006 announced the termination, breach of contract liability on Paradise arbitration. Medium and large believe in the rule of law, honest man, was bound to get government business, arbitration institutions and the community recognition and support. According to report, Dazhong and Yongle of the dispute is still arbitration.

Suning April 9 Suspension Medium And Large Electrical Appliances: No Hurry To Sell

By: yoyo

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