Gome Retail resumed trading rose sharply after it was announced that it planned to restructure the company's business unit.
According to news on August 22, Gome Retail resumed trading today up 8.26% to HK $0.315, with a market capitalization of HK $11.3 billion (about 9.831 billion yuan).
On the evening of August 19, Gome Retail announced that the company would resume trading on August 22, and announced plans to restructure the company's business sector, divest the loss-making business, and inject shares in two major shareholders' properties and Anxun Logistics, in order to optimize the asset structure and improve financing capacity.
Huang Guangyu, founder of Gome retail, publicly claimed on Gome's official WeChat on the same day that the previous plan to "restore Gome's original market position in 18 months" was too optimistic, inadequate expectations of implementation difficulties, and long-term disturbance of the epidemic, resulting in a certain gap between reality and this goal, calmly accept questions and criticism from the outside world, and will continue to correct the implementation path of the strategy.
Prior to this, Gome once fell into arrears with suppliers, partners severed relations, arrears of wages, layoffs and other rumors. According to the financial report, Gome Retail had an income of 46.484 billion yuan in 2021 and a net loss of 4.4 billion yuan.
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Huang Guangyu responded that "Gome will be restored to its original status in 18 months": the difficulties are not expected and accept questioning and criticism. "
