CHEN: The Hand State purchased 1,500 shares of U.S. stocks – Gome, Chen X, azalea – HC network appliance industry-hc360

Yesterday's announcement, the company knows the company's holdings of Morgan Stanley Inc.
Stock
5760.7 million, but the company also announced, GOME Electrical Appliances Group President Xiao-hand purchase of 1,500 shares of the country large U.S. stocks, the national executive director of the U.S. State azaleas also buying 120 million shares of U.S. stocks.

Gome said in the statement, Chen Xiao and azaleas all shares purchased from Morgan Stanley's private equity firm in February 22 Placing parts. This fully shows GOME
Management
Layer growth of the company's confidence in future performance.

2 22, Morgan Stanley's private equity firm sold 5,760.7 million Gome shares, priced at 8.85 Hong Kong dollars per share, cash 510 million Hong Kong dollars. Industry experts predict, Morgan Stanley, and the realization of this behavior is because it's operating companies have completed the task of Yongle's operations, but also financial benefits in order to complete their target. The Morgan Stanley sold its holdings of the United States is still 6.24% of the shares. Sun Hung Kai Properties in Hong Kong, said analysts JennyChan, Gome in China and other stock valuation
Consumption
Not too high compared to stocks, and a bright future profitability. Gome shares will continue to be sought after.

CHEN this through its ownership and control of major RetailManagemnetCompanyLimited purchased 1,500 shares of Gome, the RetailManagemnetCompanyLimited as the major shareholder of Gome.
Commenting on this from a financial

Investment
To buy back shares in the hands of the issue, said Chen Xiao, president of GOME, from a financial investor to buy back shares in the hands, it should be said by investors for investors and would like to see the desired results; as recipients of investment, from investment in the hands of their own stock back, mainly out of the country the United States Paradise merger to proceed smoothly, and the combined benefit of a vote of confidence.
The United States from countries within
reporter learned that in 2007 the United States in the country within the Group has developed a "Customer First,
Service
End "business strategy, the National Group of the United States established to achieve the" seven First, a leading "management objective, which is the scale of the industry first, the profitability first, the regional market share in the first, single-store operation quality and efficiency the first floor, Customer Satisfaction First, advanced management tools industry first, the supporting logistics system capacity to the first, shape and number of stores ahead of rivals. in commodities, environmental, logistics, information, business strategy and human resources team building and international fully aligned with the company make full use of the 20th anniversary of the introduction of the new group of "secondary
Business
"Planning and launching a series of strategic adjustments to achieve a historic leap further, and strive to exceed the target, pull the gap with competitors.

Chen Xiao told reporters, Gome Group, the United States in 2007 as the country "second pioneering" in the first year, will work to integrate the country the largest United States by a
Home Appliances
Retail chain to create an international
Top
Home appliances and consumer
Electronic
Retail chain.

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