Wong Kwong Yu Was Released Early For Medical Treatment Outside The Country. Gome Household Appliance Retailer Was Defeated By Jingdong Tmall.
In the view of Liu Buchen, a senior home appliance expert, "regardless of Wong Kwong Yu's early release from prison or the execution of his sentence, the daily operation of Gome is within his control. If he is not released from prison, he will not have a substantive impact on the company."
In fact, even if Wong Kwong Yu was released early, whether he could adapt himself to the new household appliances or doubts?
After all, the appliance industry is no longer the age when he and Zhang Dazhong, founder of the Dazhong Electric Appliance Company, Yongle appliance founder Chen Xiao, Zhang Jindong and Sanlian Group Chairman Zhang Jisheng and others are facing up to the challenge of wolves.
Wong Kwong Yu, a familiar but somewhat unnamed name, the former chairman of Gome was once regarded as the "big guy" of "Chinese Idol" (Chinese Idol) by the media.
Now, because of a piece of news, he returned to the spotlight of the media.
A few days ago, there was a rumor in the market: Wong Kwong Yu may be released early for medical treatment.
At the same time, there was News quoted "Wong Kwong Yu case" attorney "previously disclosed information" said, "even if not for medical treatment, Wong Kwong Yu will also be released early in 2015."
The above rumors immediately exploded the 3 stock markets related to capital market and Wong Kwong Yu and Gome on the same day - Zhongguancun quickly closed down, and the three companies and Hong Kong share listed companies rose at a high level.
"This shows capital market's recognition of Wong Kwong Yu's influence."
A brokerage strategist told the International Financial Daily reporter.
In response to the above news, the International Financial Daily reporter called the first time to call He Yangqing, vice president of Gome and vice president of law, Zou Xiaochun, Wong Kwong Yu, sister Huang Xiuhong, and so on, but they could either answer the phone or answer the phone.
It wasn't until a few days later that Gome CFO Fang Wei responded: "no information has been received. This is a rumor."
The statement was officially negated by the above rumors.
"It is not entirely impossible for him to get out of prison early."
La Natsu Bell, executive vice president of Gome and senior executive vice president of executive director of Hu Gang, predicted that "Wong Kwong Yu case" will have certain background of the times, and there may be relevant operating space.
Just now, Wong Kwong Yu, who has been dormant for nearly 7 years, is coming back again. Can he adapt himself to today's household appliances?
Although the times have created Wong Kwong Yu, but the advancing era will never wait for Wong Kwong Yu.
Perhaps, as Liu Buchen, a senior home appliance expert, told reporters, "the first half of the competition in the appliance industry, represented by Zhang and Wong Kwong Yu, has long been over.
The second half may be more about the confrontation between the Internet directors of Ma Yun and Liu Qiangdong, chairman of the Alibaba.
Perhaps this is the theme of this household appliance.
Rumours have long been heard.
At the end of the 90s and the beginning of this century, it was almost an era where "standing can earn money".
In those years, Wong Kwong Yu and his Gome continued to expand, eventually bringing China's home appliance retail chain to the top. Taking root in the mainland market, it also set up its own branch offices in China's Hongkong and Southeast Asia.
"Not only the boss, but also the real turning point for our company in 2008.
I remember clearly the situation of that year: from the beginning, the boss was arrested, I firmly believe it, but I didn't expect it to come true in a few days.
At the beginning of last year, a person who worked under Wong Kwong Yu, who is now a manager of a branch of Gome in Shanghai, recalls chatting with the "International Financial Daily" reporter. "Every year, we want to publish advertising information such as discounts in some newspapers and magazines, but that year, some newspapers and magazines hesitated because the news of the boss was arrested."
The turning point was in November 27, 2008.
At that time, the Information Office of Beijing Public Security Bureau confirmed that Wong Kwong Yu was being investigated for "suspected economic crimes".
The China Securities Regulatory Commission subsequently announced that it was discovered that Wong Kwong Yu's Beijing investment has a major violation of the law.
Then, in February 12, 2010, the second branch of the Beijing people's Procuratorate filed a public prosecution with Wong Kwong Yu on suspicion of illegal business, insider trading and unit bribery to Beijing second intermediate people's court. He also prosecuted other defendants and related defendants in the same case.
According to official disclosure, the trial results of May 18th of that year showed that Wong Kwong Yu was sentenced to 8 years' imprisonment for the crime of illegal business operation, and confiscated part of his personal property 200 million yuan. He was sentenced to 9 years' imprisonment for a crime of insider trading and a penalty of 600 million yuan. He was sentenced to fixed-term imprisonment of two years for committing bribery.
"Combined punishment for several crimes has decided to carry out a fixed-term imprisonment of 14 years, with a penalty of 600 million yuan and 200 million yuan of personal property confiscation."
Beijing second intermediate people's court said.
"14 years of imprisonment, the exact calculation is calculated from the arrest in 2008, that is to say, in general sense, he will not be released in 2023."
Hao Junbo lawyer Hao Junbo explained to the international finance Daily reporter.
However, Wong Kwong Yu's attention has never stopped.
In 2012, there were reports and rumors about Wong Kwong Yu's sentence.
For example, in mid October 2012, Guangzhou media said Wong Kwong Yu had obtained a court sentence of 10 months' reduction.
This is the first time that Wong Kwong Yu has been given a commutation sentence after serving his sentence.
In response, Beijing media said, "the reason for commutation is that Wong Kwong Yu has performed well in all aspects of his sentence and has not violating any discipline."
In the same year, Yang Zhaodong, a lawyer who had represented Wong Kwong Yu, and Zhang Shiguo, an attorney at the second instance, said Wong Kwong Yu had "the opportunity to reduce the sentence".
At the same time, Yang Zhaodong was quoted by the news as saying: "the law stipulates that at least half of the sentence should be served. That is to say, Wong Kwong Yu has to go to prison for at least 7 years."
The news also said that according to the date of its investigation in November 2008, if the maximum sentence is reduced, "Wong Kwong Yu's prison life may have only 3 years left."
More than that.
Some stock related stocks have been preaching Wong Kwong Yu's early release from prison.
In March this year, a deputy chief of the enterprise told the International Financial Daily reporter about the authenticity of the news of "early release from prison" and was surprised by the "unlikely" reply from reporters.
Regarding the "Wong Kwong Yu's release from prison" hearsay, Hu Gang emphasized to reporters that this is only a "possibility" and can not be regarded as "practical operation". "But one thing is for sure. At present, Gome has been improving after years of labor pains, and the thinking of multielement operation or layout will help the company's future performance".
But earlier, a person close to Gome told the media that the wife of Wong Kwong Yu, the wife of Gome's founder, was also chairman of the strategic decision Committee of Gome and the CEO holding of Gome holdings. He had the overall control of the Gome.
Going out next year?
It is undeniable that
Wong Kwong Yu
The news of "coming out of prison" again appeared in the market, and immediately aroused.
capital market
Fluctuations.
"Zhongguancun's daily trading, the rise of the Sanlian trading company, and the steady trend of Gome's trend are not a major positive news for these companies. It is precisely the news that there is an action, that is," Wong Kwong Yu's release from prison. "
The brokers strategy analyst told reporters earlier that "from this perspective, we can not completely exclude the possibility of man-made release of information."
"On the one hand, this shows everyone's expectation of Wong Kwong Yu. After all, he has always been a public figure. On the other hand, these companies have been connected with Wong Kwong Yu in the past or indeed."
Hao Junbo said, "but personally, it is believed that there has been a rumor or speculation that" early release "is due to the deviation in understanding the sentence.
"Indeed, we can get out early.
But generally speaking, there are 3 situations: because of the very good performance and the opportunity to get parole, but during parole, they can not get away from the line of public security. After all, from the legal point of view, it is still a crime. Second is commutation. It is also determined by the good performance in prison and the positive contribution to the society. Third is to seek medical treatment outside the country, but the premise is to provide medical certificates.
Hao Junbo explained, "but again, it is emphasized that the premise of" getting out of prison ahead of time "is usually serving half of the sentence.
"That is to say, most of the speculation on the outside world is based on" more than half of the term of imprisonment ".
Hao Junbo said, "but to really get commutation of punishment, or even to get out of prison early, is far from easy.
After all, the law is not a child's play, it can not be carried out on the outside how to say it, all depends on the final judgment of the relevant departments.
"Not necessarily. Don't treat it as a true message."
Liu Buchen said, "as far as the current visibility is concerned, Wong Kwong Yu is still serving his sentence in prison, and Gome seems to have failed to prepare for the return of his boss."
But Hu Gang said in an interview with reporters, "Wong Kwong Yu case" can not be divorced from the background of the times. "Now that things are changing, and Gome's contribution in tax and employment, I believe Wong Kwong Yu can get the opportunity to reduce the sentence."
As for whether we can get out of prison ahead of time, although we can not exclude this possibility, we still need to look at the final confirmation.
The media also said that the sentence of commutation is "six months after the decision comes into force, and can be applied for commutation."
The news of the first sentence of commutation in October 2012 has been more than two years. "In theory, Wong Kwong Yu will also have an opportunity to reduce his sentence this year".
It is worth noting that in November last year, it was reported that the prison authority in Beijing carried out the activities of reforming the pacesetter in the traditional culture of prisoners in prison. Wong Kwong Yu, the former director of the drug registration department of the drug administration, and Cao Wenzhuang, and other "prison celebrities" were rated as "changing the pacesetter".
However, for the above analysis and speculation, Gome has not responded too much.
Fang Fang said to the media, "the Internet is a rumor and has not received the news of Wong Kwong Yu's release from prison."
Limited meaning
stay
Liu Bu Chen
It seems that even if Wong Kwong Yu really got out of prison earlier, he could form a psychological advantage for Gome, such as better stock prices and more stable military morale.
But objectively speaking, the real good is "very limited".
"The fundamental reason is that Gome has been developing under his remote command."
Liu Buchen said, "going out and not coming out will not change Gome's decision and policy."
In fact, in 2012, Sina Technology quoted a number of Gome insiders as saying, "although Wong Kwong Yu is in prison, the important decisions and strategic decisions of Gome are coming from Wong Kwong Yu's direct will. Especially after the return of his wife cuckoo and Chen Xiao's departure from GOME, Gome's board is just Wong Kwong Yu's.
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