GOME event calm: Zou xiaochun ready to replace Chen

◎ On GOME

"If the United States is the GOME, Chen Huang how will become Chairman of the Board of Directors?"

◎ Break on Chen Huang

"This time Mr. Chen Huang total disagreement lies in the direction of enterprise development, is the United States on the development path.

”

◎ On Chen

"It was going to take me and Chen's home appliance background, I should ask Chen with my legal experience to PK?"

◎ About Huang guangyu

"Yellow is very willing to listen to General professional advice.

”

◎ About yourself

"I'm not a strong person, coming to the United States, I will go and routes.

”

With the United States, September 28, the approach of the special shareholders ' meeting, by majority shareholder nominated to the Board of Executive Directors candidate Zou xiaochun also will soon depart Hong Kong met with institutional investors.

9 September in the afternoon, Zou xiaochun pengrundasha headquarters in the United States accepted the national business news.

Chen's three "inappropriate"

NBD: GOME Board of Directors and majority shareholder control of the dispute to capture to make a lot of heated discussions, your personal views on this incident? do you think triggered the field control over key elements of the debate?

Zou xiaochun: the GOME event on the surface is very lively, but the deeper issue is the management level and how to get along with the shareholders, the corporate leaders how the fair treatment of shareholders in particular shareholder.

I think that this time Mr. Chen Huang total disagreement lies in the direction of enterprise development, is the United States on the development path.

Obviously, the major shareholder is of the view that the Board presided over by Mr. Chen in the wrong direction for enterprise development. Secondly, Mr. Chen and deeds is not fair to the shareholders of each one, at least for big shareholder equity to his concerns. Mr. Chen's public statements, including the "fish die network will not be broken," and "Mr WONG's political life is over," "we can SEO let him out of the game", etc, have shown that the total is not affected by not only equal treatment to at least respect are not received. SEO, as shareholders to grant a right of the Board, is in the development of the company board maintenance, maintenance of the company's interests and the interests of shareholders, and down-performing Mr. such authorization becomes the largest shareholder of the means of playing out, completely out of the normal logic.

NBD: in your opinion, Chen did not fair to the shareholders, in what respect?

Zou xiaochun: I think Chen in three things to be very inappropriate.

First, the introduction of Bain Capital, Bain's equity, of Directors seats, non-listed parts must delegate the management of listed companies for three years, the conditions are closely related with shareholder interests, Mr. Chen unfairly exclude the participation of large shareholders, shareholder does not understand the promise to the conditions for what price? let people difficult to sign it.

Second, Mr. Chen did not fulfill fiduciary responsibilities, there is no point in shareholders stand to do equity incentive plan, but for some individuals.

Mr. Chen as Chairman of the Board is acting in the exercise of the rights of shareholders (a stock), but if you need to listen to the views of employees and shareholders?

Third, 11 may, in the large shareholders rejected the GOME Board on Bain three non-Executive Director of the proposal, Chen evening to temporary appointment of the three deprecated director candidates.

Although the Board has the right organization to convene the general meeting of shareholders, but do not have the right to veto the resolution of the general meeting of shareholders.

Largest shareholder after the accident, had hoped to have a substantial shareholder of representation in the Board of Directors, the company gestionis, recommendations, and to supervise.

But it has never been the response of Mr. Chen, he is not the proper way is to "go to Huang guangyu" — the largest shareholder of the right of a shareholder, is because there is a large shareholder in criminal cases is deprived of the rights of other large shareholders?

Hong Kong investors are most concerned about the cause of the resolution

NBD: it is understood that previously you had to ditch with investors in Hong Kong, you and which investors had communication? they hold for your visit and what kind of attitude?

Zou xiaochun: I went to Hong Kong this year has so many times.

For other shareholders and investors with respect to specific circumstances does not disclose. Shareholders who, I think this is their own decision, I believe they will "9.28" make the right choice.

NBD: investors are most concerned about what issues?

Zou xiaochun: investors are most concerned about is that the shareholder proposes five resolutions.

We will explain to investors, why, and analysis of advantages and disadvantages of the various parties, and investors of the company's future development of the best, largest shareholder in which resources can be provided to companies, such as unlisted stores, etc., and Chen can give companies?

Another aspect, GOME while developing, but Chen lead development slowed down, and now, suning both in the store on the scale or profitability are catching up with the United States, in this way, the United States will soon be the SUNY beyond company very negative, investors would very much like to hear us on the future development of the United States.

NBD: how would you say to investors?

Zou xiaochun: we will investors said: we have noticed this problem, move initiate major shareholders is to change this situation.

We are against competitors, with the management to take a fresh look and examine Gome's five-year development plan, development steps can increase? must guarantee leading edge open and competitive gaps.

In addition, we will provide the investors said that, if the shareholder resolutions of 5 can receive support for big shareholder will take positive action returns to investors.

We will promote the non-listing of more than 300 stores listed companies, as soon as possible to inject retain the integrity of the United States. ThisAlso the most consistent with the interests of the shareholders, in the hope that this field control battle will end soon.

NBD: for "9.28" ending, you have the kind of judgment, if not as shareholder wish, and what measures will be taken?

Zou xiaochun: my judgement, shareholder proposals will be supported.

5 If the shareholder resolutions not supported, the shareholder is hard to believe that the United States Board of Directors, the non-listed shop to recover for their own profits. If this situation occurs, the United States will likely split in two, this kind of thing is also the largest shareholder does not want to see!

GOME need peace leaders

NBD: GOME has a high tube, GOME already the media that is not the United States, for the CSA, and what do you think?

Zou xiaochun: this is inherently problematic.

In fact, the United States from 2004 was listed in Hong Kong, the shareholder has never said the United States is the surname of the market, since the United States is a public company. You can see, the United States in addition to the executives of Huang, du total have Wong Ka man, as executives? even his sister yellow show Rainbow is also assignments do regional General Manager, Shanghai.

If the United States is the GOME, Chen Huang how will become Chairman of the Board of Directors?

NBD: in your opinion, GOME control for events behind exposed the family business transformation governance issues, on which the cause of these problems? if the CSA in this field on the summary in a winner, then will the GOME corporate governance with new breakthroughs?

Zou xiaochun: from an objective point of view, whether from the Constitution of the United States or the Organization, are very strict, very diversified, internationalization, but finally evolved into some of the people themselves.

NBD: Although you said the company is to perfect the United States, but just now you say, because of personal reasons today's situation, whether today is still the United States "the rule of the times"?

Zou xiaochun: Gome as China's private enterprises, some of the aspects or not from people running traces.

The individual above the top of the Organization, it is not reasonable. An enterprise is the need for strong leadership or peaceful leadership? I think the advantages and disadvantages. From the last two years, showed a very powerful tool.

NBD: If you enter the United States Board of Directors will, how to change this situation?

Zou xiaochun: I'm not a strong person, coming to the United States, I will go and routes.

NBD: why you do not do a strong professional managers?

Zou xiaochun: Gome's ownership structure is very complex, a strong leadership cannot be exhaustive, (and more) reflect the leadership and coordination skills.

A peaceful person on this company is the best.

NBD: large shareholders appoint you to capture's Board of Directors of the Rainbow into the GOME Huangyan, for what concerns the second place in the respective play? what role?

Zou xiaochun: I was a lawyer by profession, perennial served as legal counsel of the United States, major shareholders to nominate me, I think it's more like let me to more professional role to the Board, the use of legal knowledge and experience to strengthen the company's management, from a legal perspective the legitimacy of grasping GOME strategy.

In addition, I also noted that the Board of Directors of knowledge now constitute indeed lacks Chinese law and China capital market experience, I think I can compensate for this.

As regards huangyan Rainbow, I understand that her first job in the United States, as the founder of relatives, in the initial and subsequent enterprise management plays a very important role.

On the other hand, she received the largest shareholder of trust, you can exercise the rights of shareholders, shareholder and the company builds a bridge of communication.