The Gome Board Of Directors Reorganized &Nbsp Next Month; Three People, Such As Wang Junzhou And Huang Yanhong, Were Retreated

　　 Gome The board of directors of electrical appliances (0493.HK) will be reorganized the largest since next month. Gome's latest announcement revealed that in June 10th, the company will convene annual shareholders' meeting to re elect members of the board. Among them, Gome President Wang Junzhou, vice president Wei Qiuli, and Wong Kwong Yu's sister and Huang Yanhong, the current non executive director of Gome, will quit. In addition, Gome also plans to authorize. Board of directors The right to decide to issue 5% of the shares.

Notice that three people quit the board of directors is in accordance with the company The normal departure from the articles stipulated in the articles of association. According to the introduction, the Gome board of directors has 13 people. According to the regulations, 1/3 of the incumbent directors should quit in the annual annual meeting. At the same time. The Hongkong stock exchange stipulates that directors who have been appointed for three years should withdraw from the rotation, but eligible ex quits can be re elected. This time, Wang Junzhou, Wei Qiuli and Huang Yanhong declared no longer to run for re-election. In addition, two directors, Thomas Joseph Manning and Zou Xiaochun, who are retiring, are eligible and are willing to re-election.

Gome emphasized in the announcement that Wang Junzhou and Wei Qiuli will continue to serve as the president and vice president of Gome.

According to people familiar with the matter, Gome planned to announce Chen Xiao's departure when the board was reorganized, in order to eliminate the possible impact of Chen Xiao's departure, but somehow Chen Xiao finally announced his resignation.

According to another analyst, Gome's board of directors would normally continue to serve as a member of the board before retiring from office. Although Wang Junzhou and Wei Qiuli continue to hold the position of president and vice president, the loss of the executive director indicates that the importance of the two people is far worse than before. After the big shareholder rejoined the Gome board of directors, Huang Yanhong, who was supporting his brother, completed his mission and chose to fade out of Gome again.

The notice mentioned that the vacancy of independent non-executive directors left by Huang Yanhong will be filled by Wu Weixiong, a senior lawyer in Hongkong. However, the announcement did not mention that there will be new candidates to fill the vacancies in the two executive directors.

Analysts pointed out that after the reorganization, the Gome board formed a new pattern with only two executive directors, five non-executive directors and four independent non-executive directors, and returned to the scale of 11 people before the "Huang Chen dispute".

Gome's announcement also revealed that Zhang Dazhong, the current chairman of the board, has not received remuneration since taking office in early March, and his annual salary is likely to be only HK $600 thousand, and he does not enjoy any bonus of "bonus".

In addition, Gome will also vote on the renewal authority granted by the board of directors last year at the shareholders' meeting. However, the share of the shares that the board has the right to issue will be reduced from 20% to 5%. In addition, Gome shareholders' meeting will also give the board of directors the power to repurchase shares of the 10% companies. It is reported that if the board of directors of the Gome receives the repurchase authorization and is implemented by the ceiling, then the shareholding ratio of Wong Kwong Yu, the major shareholder of the company, will be raised from 32.19% to 35.77%, which can enhance the right to speak at any time.