subject: "huang Guangyu Case" Reflects The Progress Of The Business Environment In China - Huang [print this page] Of concern States United States Group of former Chairman of the Board Huang Guangyu The first trial involving crime sentencing yesterday, the Beijing Second Intermediate People's Court illegal business, insider trading, disclosure of inside information and unit bribery crimes sentenced 14 years imprisonment Wong Kwong Yu, a fine 600 million yuan, 200 million yuan confiscated property. States United States companies and the Housing Corporation committed units Peng bribery, were sentenced to a fine of 5 million yuan and 1.2 million yuan.
Huang Guangyu is definitely guilty, but we are now more concerned than himself, but he founded a listed company?? Gome . Gome is a good private enterprise, is the electrical industry, "one man", whether as a capital market of middle and small investors, or as ordinary Chinese people are not willing to see this excellent private enterprises because of personal reasons Huang Guangyu The Beat. A fine of only 500 first-instance ruling Gome million lower than the market originally estimated, thus Gome shares or have a positive impact, the date of Gome shares rose slightly.
Can be said that there is no today without Gome Huang Guangyu. Huang Guangyu was accused of three counts, of course, or primarily by the quality of individual decisions of Huang Guangyu, he should bear the primary responsibility. However, insider trading and disclosure of such insider information, and bribery in power has seriously penetrated the market environment, almost every non-public enterprises should face. Huang Guangyu decision now is to show that the state is clearing the market in the black-box trading operations and the phenomenon of money, but through trial Huang Guangyu of several similar cases, and can not quickly achieve their goals.
2008 11 months, has just been police detain Huang Guangyu, the country had declared the United States to draw U.S. companies Huang Guangyu and national boundaries. Indeed, one and a half years, Gome and development continues to carry out normal business, it seems out of the negative impact of Huang Guangyu. However, the decision in a few days before Huang Guangyu, the National Board of the United States is an important decision, because Huang Guangyu of the opposition, was almost rejected. But only because it has yet to master Gome Huang Guangyu 31.6% stake. Under the law, Huang Guangyu though convicted jail, but he still has a properly obtained according to the law of property. Huang Guangyu of this decision
confiscated 800 million yuan, a fine of not very high, Huang Guangyu, if the cash payment of a fine enough, will first select sale of real estate assets more easily realized without selling shares in the hands of the country the United States, and the moment I am afraid that a large number of throws and no suitable candidates take over. So for quite a period, Huang Guangyu of GOME is still behind bars despite the majority shareholder. This capital structure of the country I am afraid that the future development of the United States can not be considered a favorable factor, at least, is instability.
But anyway, in the past Richest man in China The wayside, along with a business than wiped out, Huang Guangyu case indeed reflects the progress of the Chinese business environment. Note countries in this regard is the U.S. corporate governance structure to achieve a considerable level, on the other hand also shows that banks, suppliers and other normal and the National U.S. market from non-commercial contract has not been the administrative factors, suddenly interrupted. A company, the one country Yehao, its stability should not be fully established, a leader of a particular body, this is the market economy and the basic principles of rule of law. Of course, Gome Huang Guangyu case, the traditional business model for the impact, after all, can not be ignored.
If Huang is the occupation of the upstream companies through the class of receivables Financial Rapid expansion mode, and then quickly through the capital operation of the merger, creating the Chinese Home Appliances Rapid expansion of retail legend, then, with the professional home appliance store's business model was successfully copied many enterprises, enterprises with domestic appliances shop Competition in full swing speed and low-cost competition, a new appliance Sell Era had begun. U.S. home appliance retail carrier
Best Buy Have entered China, Japan, Yamada electrical appliance giant channel has also launched operations in China shop, Taiwan Hon Hai to be with the German Metro to expand the China market. It is said that the country now apart from the United States continue to expand beyond the shop, also plan to modify the 150 or so "new live museum" model stores, but also on secondary and tertiary markets such as the new focus of investment growth to do, expand the network layout and depth of . According to foreign experience, the network appliance retail sales will account for the more than 30%. Gome Huang Guangyu
to get rid of the negative impact of the development to continue to be brilliant, important thing is not to change Huang Guangyu of the shares, but to change Huang Guangyu of the extensive type of business model expansion into the endogenous outward expansion and growth simultaneously adapt to new developments in the business model.
