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Gome chairman suspended from post
(Xinhua)
Updated: 2008-12-26 15:50 BEIJING -- Huang Guangyu, chairman and controlling shareholder of China's top electronics retailer Gome, was suspended from his post on December 23, the Shanghai Securities Journal reported on Friday.
The decision was revealed in a company statement released on the night of December 24. The company appointed vice president Wang Junzhou as Gome's executive director, according to the newspaper.
Acting chairman Chen Xiao replaced Du as an authorized representative, effective on December 23. Gome spokesman He Yangqing declined to comment on rumors that Du had fled China. He also would not comment on whether Gome was still in touch with her.
His company, Hong Kong-listed Gome Electrical Appliances Holdings Ltd., has been suspended from trading since Nov. 24. The share price on the last trading day was 1.12 Hong Kong dollars (US cents 0.14). |