Gome Sued Chen Xiao For Breach Of Contract

The chairman of the board of directors of Gome (micro-blog) has an indissoluble bond with the court.

Yesterday, 00493.HK announced that it had been indicted before the second intermediate people's Court of Beijing, "Chen Xiao, chairman of the board of directors," exposes the media to Gome (micro-blog).

Insider ignition after leaving office

In March 10th of this year, Chen Xiao resigned as chairman of Gome's board of directors.

It seems to us that after nearly a year of internal struggle, Gome will return to calm.

However, in May 10th, a domestic financial media published an article on Chen Xiao's exclusive interview, which once again brought Gome to the forefront.

According to the report, Chen Xiao disclosed that every link of Gome from head office to counter was charged to suppliers, and there was a lot of gray charges. Eventually, the cost borne by suppliers was pferred to consumers.

As soon as the news came out, Chen Xiaoli declared that he denied it.

It says, "media reporters who publish articles unilaterally from a private conversation without topics are lack of common sense personal understanding.

The media coverage is not my original intention, nor does it represent my views and opinions.

As for the financial loopholes in the Gome and the marketing mode of operation, Chen Xiaoze did not refer to Gome, but rather the understanding of the whole retail industry.

Wong Kwong Yu's illegal repurchase

Gome did not agree with the views expressed in the article and said it would not tolerate Chen Xiao's actions.

A petition from GOME pushed Chen Xiao to the dock.

This is exactly the same as that of Chen Xiaotong, who was the chairman of the board of directors of Gome in August 5, 2010 and prosecuted Wong Kwong Yu in the name of Gome.

At that time, Gome submitted a petition to the Hongkong high court, saying that Wong Kwong Yu bought the company's shares before and after January 2008 and February, which violated the directors' liability and breach of trust duty and sought compensation.

Huang Chen struggled to make this public known, and also made the retail company of Gome fall into a swing.

After 10 months, Gome's listed company has become the dagger of the new power.

Yesterday, Zou Xiaochun, executive director of Gome, said in an interview with our reporter that Chen Xiao had previously violated the agreement signed by the two sides regarding the Gome.

For the specific content of the agreement, Zou Xiaochun refused to disclose details to reporters on the grounds of "confidentiality".

But he stressed that the agreement is the Gome's top management turnover agreement, signed in the name of a listed company with Chen Xiao.

"The content is broader, will contain the agreement price clause, has stipulated the two sides mutual rights and obligations."

Zou Xiaochun said.

Chen Xiao, who has left Gome for several months, became the media's chasing figure again yesterday.

For reporters asked about the prosecution, Chen Xiao said, "I just know from the news, as to how to deal with consulting legal advisers".

The grudges behind the case

The tree wants peace but the wind does not stop.

Huang Chen war has weakened the influence of Gome in the home appliance chain in China. It thought that it would return to the Gome of its own operation but fell into a new dispute.

A reporter who exposed Chen Xiaoda's financial loopholes yesterday revealed that more than a month ago, Gome passed an intermediary's hope that it could produce the so-called interview recording as evidence of the prosecution of Chen Xiao.

The reporter said that this is the yellow family spokesman, Gome executive director Zou Xiaochun hopes to take this as his pretext and revenge for Chen Xiao's excuse.

Zou Xiaochun told reporters that in accordance with the normal legal procedures, after the court accepted the case formally, it was necessary to give the defendant at least one month's proof period. Therefore, the case will take less than a month at the beginning of the formal hearing.

However, the sharp appliance market will not stop waiting for Gome to pick up the mess.

Just when Gome was busy suing Chen Xiaozhi, its old rival Su Ningxin's ten year plan has been launched, and the headquarters operations center has been set up to enhance store operation, and is ready to enter the European and American market in 2016.

Related news

Zhang Dazhong's "debt case" entered the proceedings.

Not only did Chen Xiao, chairman of Gome's former board of directors, get the case, but Zhang Dazhong, the current chairman of the board, was also accused of the old account 20 years ago.

Yesterday, the reporter learned from the plaintiff Hu Dongzhi Lawyer Zhang Cheng Mao, the first intermediate people's Court of Beijing has formally accepted the case of Hu Zhi Zhi v. Zhang Dazhong.

Plaintiff Hu Dongzhi asked Zhang Dazhong to pay part of his cooperation profit of 70 million yuan.

Zhang Chengmao's lawyer confirmed to reporters that in this case, the Beijing city electric appliance Limited by Share Ltd, which has been sold to Gome, was listed as the second defendant, requiring joint liability.

It is reported that the plaintiff Hu Dongzhi and Zhang Dazhong signed a "agreement between Zhang Dazhong and Hu Dong (understanding) in 1987", which agreed that the plaintiff "Hu Dong (understand) Zhi invested RMB 3000 yuan" and "to maintain the normal economic interests of large and medium electrical appliances"; "fifteen percent of the total profits of the large and medium electrical appliances will be paid to Hu Dong (understand)", and "profits will be paid according to the turnover of funds".

However, Hu Dongzhi believes that in the past 24 years, he has received the distribution of profits allocated by Zhang Dazhong, and the amount varies from year to year. But Zhang did not allocate profits according to the proportion of "net profit fifteen percent" allocated by the cooperation agreement.