Gome chairman ousted by jailed founder

Despite being behind bars, Gome founder Huang Guangyu has succeeded in ousting company chairman Chen Xiao.

Huang Guangyu: Still powerful

Lillian Liu

March 11, 2011

Huang Guangyu, the jailed founder of Hong Kong-listed Gome Electrical Appliances, has won a high-profile battle with chairman Chen Xiao for control of China’s leading electronics retailer.

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Disruption
North Asia

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#zhang dazhong
#electronic appliances
#beijing dazhong electrical appliances