Gome Huang Guangyu and: has been criticized in the forward expansion - Huang Guangyu, Gome, expansion - HC Network Appliance Industry

 the United States seems to be "half-hearted," such
Huang Guangyu of GOME Electrical Appliances, underas there is information that the previous paragraph,
the command has been criticized in the debate orthe National United States will Sharu Department
even in advance.Stores.
Gome opened around the country started takingHuang Guangyu: Whether household appliances, or
more than 200 stores, the access to great fanfare indepartment stores, are always within the retail
2006 to meet the competitors approach the newindustry. Now we are far from entering department
round of "bayonet fighting." Meanwhile, thestores and concentrate on household appliances, but
co-makers on the business channels such as Gomewe have been watching these other industries, this
blamed rampant cruel squeeze profits.may be the next to do.
But in a few months, Huang Guangyu action"Excellence": Last year you study in different
continued: first with Warburg Pincus to form strategiccountries, is not to go abroad?
alliances, Warburg Pincus will subscribe for 125 millionHuang Guangyu: Recently there is no plan. If the step
US dollars GOME issued convertible bonds andout, Southeast Asia will be our first considerations.
warrants 25,000,000 US dollars ; followed by theHong Kong, we feel very deeply?? Where the cost is
State to 6.987 billion U.S. dollar purchase price to thevery high, and the giant separatism has been formed,
Huang Guangyu of GOME it holds 35% interest in theif we do not have adequate preparation, may be
parent company; in April, by Peng Huang GuangyuZhaojiabuzhu. So if we want to go out, got to be
Zhongguancun Thai investors have holdings of shares,careful. Shop in Hong Kong, we then carefully opened
shareholders will reach the total number of 17.07%,a store in Macau.
became the second largest shareholder in"Excellence": Why did you choose new kitchen
Zhongguancun.appliances has made Eagle brand?
4 2, States United States held a massive "2006Huang Guangyu: I estimate China's future may be in
Forum on Global home appliances." Previously, Huangneed of such consumption patterns, and current
Guangyu, including special called "excellence", includingconsumption patterns create a differentiation. I
several media, for a long communication.believe that sooner or later will come. This requires us
States United States operating a retail enterpriseto promote the industry, to explore. But in the end is
architecture is alwaysa hero, or become a martyr, and now the results
"Excellence": Recently, the Government put anhave not yet see the outcome.
unprecedented innovation that high. Country United"Excellence": States United States engaged in an
States is how to treat innovation?industrial park, is not going to do some of my brand?
Huang Guangyu: Country United States has alwaysHuang Guangyu: This should be considered in light of
respected innovation. Who had not used innovationthe actual situation, not being still. However, Gome will
to the country after the United States also began toalways be a retail business, not a manufacturer.
learn to squeeze the innovation of the."Excellence": in addition to lease outside the United
"Excellence": on the one hand, we saw that America'sStates has taken the country to buy stores and
focus, like so much effort into running a year "globalsometimes buy a shop may have to spend 12 billion.
home appliances Forum"; the other hand, countriesWhy did you choose this way?