However, Shanghai Yongle operating conditions of the poor, so this seems to combine advantages of north and south, “a natural fit,” became a bubble. Just reached a “signed an agreement below,” Three months later, Chen Xiao on the turn, “defected” to Wong Kwong Yu, and in July 2006, the country announced the acquisition of Paradise United States, the same year in November, the formal merger of the two sides. Paradise, after all the executives offended, Chen Xiaogu body into Gome.
This is after years of war Da business the most difficult time. John Winton and continuous experience in both large and medium Paradise Alliance failed, medium and large electrical layout has missed the best opportunity the country. The Wing-lok, 150 million yuan of deposits letting sized appliances like a fishbone stuck in the throat could not move. By the “harm” Da, the later is, and Chen Xiao trouble on the arbitral tribunal.
Blind development of contraction as its front. In 2007, Da resolutely chosen retreat in the Beijing market, he clearly realized that the biggest strengths is to understand Beijing, conversational Peking Man’s business sense. When compared to 38-year-old Huang Guangyu years, 44-year-old Zhang Jindong, 60-year-old Da has been unable to continue to fight a protracted war. His only son to the medium and large electrical appliances business has not shown a trace of succession will sell medium and large electrical appliances are a last resort.
