Wednesday, October 13, 2010

States United States to transfer?



Huang Guangyu traces are still everywhere. Many stores in the States United States, a country the United States white LOGO replaced the original bright red and blue shop direct head, "I've heard the yellow boss personally designed." State employee said the United States.






Many stores in the States United States, White LOGO States United States replaced the original bright red and blue direct OTC

Beauty parlor in the country, "operators no domain, symbiotic," the inscription has remained the most popular decoration, this is Huang Guangyu surf business rules 20 years concisely. However, people still eager to look for signs of change. Because, in the January 16, Huang Guangyu times stopped short, a full 38 days until yesterday. Now, Huang Guangyu Huang Xiuhong sister took over her brother's Eagle Investment. Parties are quietly observe the business empire of the turn, but then had to Gome Huang Xiuhong the huge expansion of territory for many years to find a path to continue to develop survival.

Huang Xiuhong Shanghai warmth curtain call

"I will always remember this day"

"Today, I will leave here, I will always remember this day, if we go to Beijing, Xu Xujiu want calling me." Two days later, a Shanghai journalist also Huang Xiuhong say this, the warmth shown by memory still fresh. February 18, Shanghai, China held the U.S. system, called the "capital growth, domestic demand pull" reception, well-dressed over the Huang Xiuhong, wearing a blue-gray suit jacket came from Beijing to rush, coat shiny Yinzhu piece extends from the neck collar to the hem.

Different from previous networking company, in the still warm Gongchoujiaocuo, the reception as more like a farewell dinner Huang Xiuhong, somewhat sad. At this point, a senior official close to Wong Kwong Yu, born vice president of Gome, Haier Group, has moved from Beijing Xin Kexia lightning slim, replacing Huang Xiuhong Shanghai region became the new "Master." As the sister Huang Guangyu, Huang Xiuhong's new role of chairman of Eagle Investment, while access to decision-making committee Gome. She took over the Huang family business empire and an uncertain future.

Huang Xiuhong smaller than the 4-year-old Huang Guangyu, ranked third at home, and, like his brother, also Catholic, is different, Huang Guangyu always restrained restrained in public, Huang Xiuhong is more lively, too big drinker.

As Huang Guangyu was never considered in the management of family members engaged in nepotism, and little sister HUANG Yanhong Huang Xiuhong, as in the country's development in the history of the United States have left the illustrious military exploits. Huang Xiuhong in 1991 went to the States United States States West Coast has been a four-store manager, general manager of Gome Beijing branch, deputy director of operations centers. In the meantime, she had left the country the United States, has done business for some time in the water, but this "just for fun" like business experience over soon. In 2003, the United States has established a national system of early financial and personnel HUANG Yanhong immigrants in Singapore. States in 2006 after the U.S. acquisition of Yongle, Huang Xiuhong and Shanghai as General Manager of Gome, the country continues to play a central role in the United States.

People who come into contact with Huang Xiuhong said, when she brought my brother always like Huang Guangyu said "our boss", his adulation and loneliness. In the 18th night, the topic is still being consciously or unconsciously avoid the, Huang Xiuhong not for GOME, and even the future strategy of Eagle Investment comment.

On the same day, the National United States "Western Appliance 2009 Summit" held in Chengdu. At the meeting, vice president of Gome Group, Mou your first home appliance business with close to a hundred veterans in the country, More than 300 veterans met the regional household appliances, preaching the country the United States in 2009 of the New Deal.

Giant full "holding stability"

Slow expansion of the full "holding stability"

Time back to 4 weeks ago. At 19 o'clock on the January 18 and more, vice president of Gome, Yang Qing, spokesman of abnormal peak, interview requests from around the country flocked to his cell phone calls, so competition is fierce, in half an hour, reporters can only hear the phone could not connect the busy tone. Previously, Gome has just issued a public notice in the Stock Exchange, Gome Huang Guangyu resigned all his posts.

Yun Peng Huang Guangyu's no 18th floor building is still the power center of Gome. However, the next day, more attention was the supplier of the other country the United States also released important information attracted to "optimize the network to enhance the relationship with suppliers will be the States United States an important direction for future development", no one felt this monster wary of "low profile."

"Huang Guangyu Zhang appreciate the words 'business is only business, not in setting'. In the past 20 years, this was interpreted as a high-speed expansion. On the increasingly powerful voice of manufacturers, themselves become the rules of the game-makers, For large channel for such a giant economy, especially. "one industry, told reporters, however, in the past month, in the various countries issued within the spirit of the United States, the" one shop to enhance efficiency "requirements far much pressure off the "Open a number of" indicators, which has even been removed from many branches of evaluation system.

When most of the States United States staff is also preparing a New Year party when the countries outside the United States has issued a development strategy in 2009. The core of this strategy is to focus on optimizing the network, optimize store, to raise the quality of single-store operations, and moderate change out part of the store. One purpose, to suppliers and the National US-input-output ratio can be maximized. "We believe that Gome has now completed the network layout, with 1,300 stores, basically completed when the network layout, the shop will no longer rely on Zuowei growth, but into the optimization stage." Gome vice president, spokesman explained how the establishment of Yang Qing new strategy in mind.

There is no way out of the mode of transformation

Issued a 21 day "punishment" Bulletin

"Even under the 21 day sales communications. Bulletin of the penalties are not done." Salesman, a country the United States complained to reporters. Recently, the country demanding the U.S. desire for performance and high penalties caused discontent among some staff, many countries feel the United States and sales pressure.

However, the transition is still advancing. February 19, Gome Group stores that started in the country in transition, first select a country in transition stores benefit the U.S. system the best stores - large and medium sized electrical shop in tower. "Because of model transformation is the next great determination, we must succeed." He Yang Qing said.

According to Gome stores in transition recycling center design, modified, and Tajikistan will increase the number of store display products 300%. At the same time, the tower will become the country store the first U.S. group to achieve a separate store marketing, store, which means that the manager's authority was greatly increased. Rapid changes in the competitive situation, such a mechanism can be made more flexible offensive and defensive tactics. "In the tower shop store layout transformation is not a simple transformation, but Gome Group stores the depth of the reform model." GOME Group Executive Vice President Wang Junzhou repeatedly emphasized.

However, He also said Yang Qing, optimize network and store modified not "Huang Guangyu event" results. "The study began two years ago, the United States, Japan, Europe, we have investigated before. Also invited third-party research team. We believe that the U.S. model is the future of the country in a city where there are four or five iconic store These huge stores sales. transformed morphology of stores closer to home appliances stores in Japan. "

Ho Yang, a young industry observers agree that the statement, "In 2006, the most crucial measure of retail chain index plunged 28%, to U.S. management of the country a great boost. Since then, Gome started to adjust its business expansion strategy." he believes that this is a home appliance chain industry through high-speed growth, "adolescent" the common challenges faced.

Supplier at least not panic

"Who would not make life difficult with the business"

"No matter how business commitments, or to ground, can be used only action test." Color TV business, a responsible official told reporters. He just finished state summit of beauty, and, like many colleagues, when asked the United States now exchanges and national, he or words with care. However, with more than two months before the panic to find out the news compared Huang Guangyu, who feel that "now not to worry." "States United States did make some adjustments, but as long as risk control, we can continue to work together, who will not be hard on with business. "

More importantly, in the past few weeks, a message popular among manufacturers in the appliance. "I've heard of paper under the national to the bank so that banks should not embarrassed the country the United States." Suppliers, this shows that stability in the country to secure the position of Gome, the country which the United States may be able to survive the initial "funding crisis," an important factor.

States United States on the manufacturers of payment except cash payment, the general use of accounts of and accept a draft. Account of the period usually 1 month, acceptances for the 3 months. In other words, the country received U.S. factory goods in to pay to the other acceptances, manufacturers, after 3 months to cash in the bank, if paid in advance, to deliver the interest banks. U.S. banks as collateral for the country.

"Huang Guangyu incident", the GOME operational risks increase, the report said, "Gome small commercial banks on the commercial credit immediately suspicious, do not want or care to their lending." In the third quarter of 2008, banks are required The security deposits equal to the amount of bank acceptance bills 53%, this ratio is said Huang Guangyu, after the survey, up to 60% and over, at least over the United States took out 700 million yuan. In the worst case, if the retailer over outstanding loans manufacturers, retailers, manufacturers will be turning off the goods, unless the retailer payment. This will affect retail sales, due to inability to pay bank acceptance. Banks will control the retailer's credit, cash flow increased tension, a vicious circle.

"States United States really have the cash flow is very tight." Middle-level people within a country the United States recalled to reporters, but he thought the most difficult period is over. Xoceco insiders told reporters that he is aware of the country the United States, "Posture." The most direct representation is that the U.S. has accelerated the country's return to the supplier section, payment will shorten the cycle. A foreign white giant Chinese leader also told reporters that the cooperation with Gome is still normal, with no break for the situation, "GOME big for us is to force suppliers insured."

States United States almost certain refinancing

Shadow of the investors are cautious

The United States in the development process of the country, the country firmly in the hands Huang family has control of the United States. Huang Xiuhong sits Eagle, the situation seems to indicate the nature of the changes will not occur. But in order to ease the financial pressure, analysts say, countries the United States could become a "brave" in the park.

Domestic appliance manufacturers may hold joint news of GOME stake soon after the denial by the industry. Observers Luo Qingqi appliances that retailers should be a public platform, manufacturing, retail enterprises a lot of cross-holding contradictory.

However, the possibility of refinancing the country but the U.S. has been confirmed. States United States States of potential U.S. investors have with the new management held preliminary talks. These potential investors, existing shareholders of both countries the U.S. Morgan Stanley, Warburg Pincus, including Magnolia investment management companies, and Bain Capital. Magnolia investment is "the first generation of local Chinese investment bankers," Fang's in charge of a size of 2.5 billion dollars of investment institutions. Regardless of what kind of financing options, may mean that the country level, the U.S. capital appears to reshuffle the cards.

Of course, investors are cautious. After the Spring Festival, the National Board of the United States by force reorganization will triple trading company's US-related businesses into the state system. However, the case is still pending Huang Guangyu, who recently was involved in vortex triple trading company involved in bidding for Hopson Development Chairman Chu Mang. Last Friday, as rumors Chu Mang Yee has been involved in "Huang Guangyu case" among the company's stock tumbled 50%. Huang Guangyu event out of the shadow of a commercial carrier also needs more time, but also need some luck.

Huang Guangyu Capital Events

In 1985, Huang Guangyu, Huang Junqin carries 4,000 yuan went to Inner Mongolia career in business.

In 1986, Huang brothers in Beijing, Zhuhai City, I started contracting States to the U.S. clothing store business.

In 1987, the country was renamed the U.S. clothing store, Gome stores, as Gome originator.

In 1993, the separation of the two brothers, Huang Junqin founded the New Henderson Group is engaged in real estate, to continue operating Gome Huang Guangyu. Is, the countries the United States began to open several additional stores in Beijing.

In 1999, the National American National expansion. In the same year, Huang Guangyu was established to invest in capital operation Eagle. Eagle Investment Company is a subsidiary Gome, Eagle Real Estate, Peng Thai investment.

June 2004, Gome Huang Guangyu to 94 stores with 88 million sold to Hong Kong listed company Eagle Group, Gome, by Hong Kong-listed China Eagle.

September, 0493 Hong Kong stocks shares referred to by the "China Eagle" official changed to "Gome", its main business resulting shift retail. Huang Guangyu retail and real estate empire to become the two pillars.

April 2006 to July, Huang Guangyu acquired 29.58% stake in Zhongguancun has become the largest shareholder. In the same year, Huang brothers on suspicion of illegal loans to be investigated.

July 2006, Gome to add cash to acquire convertible Paradise.

December 2007, the country hosted the United States to 3.65 billion yuan a comprehensive medium and large appliances.

In 2008, the U.S. Department of State cash triple trading company, to become the largest shareholder.

November 2008, Huang Guangyu arrested by police investigating economic crimes, the country under investigation with the U.S. Chief Financial Officer Zhou Yafei. Subsequently, his brother Huang Junqin, Zhongguancun chairman Xu Zhongmin also alleged economic crimes investigation was taken away by Beijing police.







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