GOME Electrical Appliances

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GOME Electrical Appliances Holding Limited??????????
Type
Joint Stock
Founded
1987
Founder(s)
Mr. Wong Kwong Yu
Headquarters
Beijing, People's Republic of China
Area served
People's Republic of China
Key people
Chairman: Mr. Chen Xiao
Industry
Electrical appliance retailing
Products
electrical goodsconsumer electronics
Revenue
RMB 24,729 million (2006)
Net income
RMB 819 million (2006)
Employees
49,687
Website
GOME Electrical Appliances Holding Limited (SEHK: 493) is one of the largest privately-owned electrical appliance retailer in Mainland China and Hong Kong. It was founded by Wong Kwong Yu (Huang Guangyu), a Chinese billionaire, in Beijing in 1987. Its brand name "GOME" was first adopted in 1993. Since 1999, it has developed outside Beijing and established retail outlets in other China cities. It was listed on the Hong Kong Stock Exchange in 2004. As of 2008 Wong is the chairperson, the controlling shareholder, and the director. The company is incorporated in Bermuda.
In November 2008 the Hong Kong Stock Exchange indefinitely halted trading of the company shares after police revealed that Wong was under investigation for stock manipulation. He resigned from company chairman on 16 January 2009.
References
^ a b http://www.gome.com.hk/eng/business_06.asp
^ http://finance.google.com/finance?q=HKG%3A0493
^ GOME Electrical Appliances Holding Limited
^ GOME Electrical Appliances Holding Limited - Company Profile Snapshot
^ a b "China's richest man 'under investigation'." CNN. Retrieved on November 24, 2008.
^ RESIGNATION OF DIRECTOR, APPOINTMENT OF CHAIRMAN, REAPPOINTMENT OF EXECUTIVE DIRECTOR AND APPOINTMENT OF NOMINATION COMMITTEE MEMBER AND REMUNERATION COMMITTEE MEMBER
External links
GOME Electrical Appliances Holding Limited (China)
GOME Electrical Appliances Holding Limited (Hong Kong)
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