Suning Has Taken Over The Medium And Large Part Of The Store Did Not Involve Both Headquarters

, Medium and large

, Medium and large

Electrical

Headquarters interview introduction, Suning has indeed taken over some of Dazhong Electronics store, but only parts of the interface between branches, and Dazhong and Suning not directly related to the headquarters, nor is it the outside world preaching the overall M & A Dazhong Suning .

3 provinces and nine stores closed

Yesterday (April 9, 2007) morning, Suning Appliance (002024) because of media reports regarding the emergency suspension medium and large corporate mergers and acquisitions, the original plans to come out yesterday 11:30 interim to clarify the notice failed to release.

Wide publicity director Luo Dazhong Electronics an interview with the contents of a note on the rumors. Luo even said that medium and large electrical stores based on the adjustment of the decision mainly because of operational considerations, the operating conditions of the general stores, such as Chongqing, Shanxi, Nanning's nine stores to be closed on the strategic significance of its strategic objectives "Leading in Beijing, and stronger North," thus shrinking the other regional markets. It was explained that several store fronts contraction location is ideal, therefore, drawn counterparts, including interest, including Suning. At present, Suning has taken over in Shanxi, Chongqing, Nanning, part of the three stores, is an independent, normal business activities, and rumors of the 3 billion acquisition of the whole matter are two different things. Yesterday (April 9, 2007) afternoon, reporters call the head of medium and large branch in Chongqing, the official said medium and large stores in Chongqing region has indeed transferred to the Suning, but problems remain with headquarters in the specific price

Management

. Whether the acquisition of 20 medium and large electrical appliances in the future there will be a message apparently did not make the interpretation of the headquarters convince the outside world. Informed sources, the situation has been very clear, Dazhong and Yongle of the arbitration to be around in April 20 to come out, and Shanxi, Chongqing, Nanning, the store is not third-class performance in the context of large and medium Yongle, Dazhong was therefore This first transfer the three store Suning. It is reported that in April 20 after the outcome of arbitration, whether the overall take up large and medium Suning will get to the bottom. Suning reluctant to publicly present large and medium, but also because of the arbitration results are not yet final out, there are uncertainties. Paradise for arbitration with the impact of Dazhong and Suning whether the negotiations, Romania with that large and medium 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 that law in October 2006 termination, and breach of contract liability on the Wing-lok, arbitration, it is estimated the recent results of the arbitration will have to come out.

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Suning Has Taken Over The Medium And Large Part Of The Store Did Not Involve Both Headquarters

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