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	<title>ChinaRetailNews.com &#187; Chen Xiao</title>
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	<link>http://www.chinaretailnews.com</link>
	<description>Business Intelligence on Retailing, Franchising, and Consumerism in China</description>
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		<title>China&#039;s Gome Net Profit Up 65.77% In Q1 2011</title>
		<link>http://www.chinaretailnews.com/2011/05/30/4323-chinas-gome-net-profit-up-65-77-in-q1-2011/</link>
		<comments>http://www.chinaretailnews.com/2011/05/30/4323-chinas-gome-net-profit-up-65-77-in-q1-2011/#comments</comments>
		<pubDate>Mon, 30 May 2011 01:01:29 +0000</pubDate>
		<dc:creator>ChinaRetailNews.com Editor</dc:creator>
				<category><![CDATA[Electronics]]></category>
		<category><![CDATA[Chen Xiao]]></category>
		<category><![CDATA[e-commerce]]></category>
		<category><![CDATA[Gome]]></category>
		<category><![CDATA[supply chain]]></category>
		<category><![CDATA[Zhang Dazhong]]></category>

		<guid isPermaLink="false">http://www.chinaretailnews.com/?p=4323</guid>
		<description><![CDATA[Chinese electronics and home appliances retailer Gome has published its unaudited results for the first quarter of 2011, and it is also the last quarterly report before Chen Xiao, former chairman of Gome, departed the company. According to the report, Gome's sales in the first quarter of 2011 reached CNY13.677 billion, a year-on-year increase of [...]]]></description>
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		<title>Gome Appoints New Retail Electronics President For China</title>
		<link>http://www.chinaretailnews.com/2010/07/06/3717-gome-appoints-new-retail-electronics-president-for-china/</link>
		<comments>http://www.chinaretailnews.com/2010/07/06/3717-gome-appoints-new-retail-electronics-president-for-china/#comments</comments>
		<pubDate>Mon, 05 Jul 2010 23:00:32 +0000</pubDate>
		<dc:creator>ChinaRetailNews.com Editor</dc:creator>
				<category><![CDATA[Electronics]]></category>
		<category><![CDATA[Chen Xiao]]></category>
		<category><![CDATA[e-commerce]]></category>
		<category><![CDATA[Gome]]></category>
		<category><![CDATA[Huang Guangyu]]></category>
		<category><![CDATA[retail]]></category>
		<category><![CDATA[Wang Junzhou]]></category>

		<guid isPermaLink="false">http://www.chinaretailnews.com/?p=3717</guid>
		<description><![CDATA[Chinese electronics and home appliances retailer Gome has announced that Chen Xiao, chairman and president of Gome, will no longer hold the position of president and the position is now given to Wang Junzhou, former executive director and executive vice president of the company. Prior to this, Chen announced a five-year strategic plan for Gome. [...]]]></description>
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		<title>China&#039;s Gome Net Profit Up 3.42% In Q1 2010</title>
		<link>http://www.chinaretailnews.com/2010/05/24/3618-chinas-gome-net-profit-up-3-42-in-q1-2010/</link>
		<comments>http://www.chinaretailnews.com/2010/05/24/3618-chinas-gome-net-profit-up-3-42-in-q1-2010/#comments</comments>
		<pubDate>Sun, 23 May 2010 22:00:03 +0000</pubDate>
		<dc:creator>ChinaRetailNews.com Editor</dc:creator>
				<category><![CDATA[Electronics]]></category>
		<category><![CDATA[Chen Xiao]]></category>
		<category><![CDATA[Gome]]></category>

		<guid isPermaLink="false">http://www.chinaretailnews.com/?p=3618</guid>
		<description><![CDATA[Chinese electronics and home appliances retailer Gome has published its unaudited financial report for the first quarter of 2010, stating that its operating revenue increased by 20.21% year-on-year to CNY11.782 billion; its operating profit increased by 65.7% to CNY532 million; and its net profit increased by 3.42% to CNY333 million. Gome said that the good [...]]]></description>
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		<title>Gome Becomes 2010 World Expo&#039;s Home Appliances Sales Partner</title>
		<link>http://www.chinaretailnews.com/2010/02/02/3348-gome-becomes-2010-world-expos-home-appliances-sales-partner/</link>
		<comments>http://www.chinaretailnews.com/2010/02/02/3348-gome-becomes-2010-world-expos-home-appliances-sales-partner/#comments</comments>
		<pubDate>Mon, 01 Feb 2010 21:00:06 +0000</pubDate>
		<dc:creator>ChinaRetailNews.com Editor</dc:creator>
				<category><![CDATA[Electronics]]></category>
		<category><![CDATA[Chen Xiao]]></category>
		<category><![CDATA[counterfeit]]></category>
		<category><![CDATA[Dazhong]]></category>
		<category><![CDATA[franchise]]></category>
		<category><![CDATA[Gome]]></category>
		<category><![CDATA[manufacturing]]></category>
		<category><![CDATA[retail]]></category>
		<category><![CDATA[Shanghai World Expo]]></category>
		<category><![CDATA[Yongle]]></category>

		<guid isPermaLink="false">http://www.chinaretailnews.com/?p=3348</guid>
		<description><![CDATA[Chinese home appliances and electronics retailer Gome has announced that it has signed a franchise license agreement with the 2010 Shanghai World Expo to become the authorized retailer of World Expo-related home appliances. Under the agreement, Gome and its subsidiaries, including Yongle and Dazhong, will be allowed to sell World Expo-related licensed home appliances products, [...]]]></description>
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		<title>Bain Capital To Acquire 18% Stake In Gome For USD400 Million</title>
		<link>http://www.chinaretailnews.com/2009/06/12/2737-bain-capital-to-acquire-18-stake-in-gome-for-usd400-million/</link>
		<comments>http://www.chinaretailnews.com/2009/06/12/2737-bain-capital-to-acquire-18-stake-in-gome-for-usd400-million/#comments</comments>
		<pubDate>Thu, 11 Jun 2009 19:30:55 +0000</pubDate>
		<dc:creator>ChinaRetailNews.com Editor</dc:creator>
				<category><![CDATA[Electronics]]></category>
		<category><![CDATA[aquisition]]></category>
		<category><![CDATA[Bain Capital]]></category>
		<category><![CDATA[bonds]]></category>
		<category><![CDATA[Chen Xiao]]></category>
		<category><![CDATA[Gome]]></category>
		<category><![CDATA[Hong Kong]]></category>
		<category><![CDATA[Huang Guangyu]]></category>

		<guid isPermaLink="false">http://www.chinaretailnews.com/?p=2737</guid>
		<description><![CDATA[It is reported that U.S. private equity firm Bain Capital is to buy a 18% stake in China's electronic retail giant Gome for USD400 million. In addition, Bain Capital will acquire 12% of Gome's HKD4.6 billion convertible bonds at an annual interest rate of 5%. These bonds were issued by Gome in May 2007 and [...]]]></description>
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		<title>Chen Xiao Replaces Huang Guangyu As Chairman Of Gome</title>
		<link>http://www.chinaretailnews.com/2009/01/20/2143-chen-xiao-replaces-huang-guangyu-as-chairman-of-gome/</link>
		<comments>http://www.chinaretailnews.com/2009/01/20/2143-chen-xiao-replaces-huang-guangyu-as-chairman-of-gome/#comments</comments>
		<pubDate>Mon, 19 Jan 2009 19:31:08 +0000</pubDate>
		<dc:creator>ChinaRetailNews.com Editor</dc:creator>
				<category><![CDATA[Electronics]]></category>
		<category><![CDATA[chairman]]></category>
		<category><![CDATA[Chen Xiao]]></category>
		<category><![CDATA[fraud]]></category>
		<category><![CDATA[Gome]]></category>
		<category><![CDATA[Huang Guangyu]]></category>
		<category><![CDATA[investigation]]></category>
		<category><![CDATA[Liqui]]></category>
		<category><![CDATA[police]]></category>
		<category><![CDATA[resignation]]></category>
		<category><![CDATA[Wei]]></category>

		<guid isPermaLink="false">http://www.chinaretailnews.com/?p=2143</guid>
		<description><![CDATA[The Chinese electronics retailer Gome Electrical Appliance reports that Huang Guangyu has resigned his positions as director and chairman of the board of directors of Gome and is replaced by Gome's current executive president Chen Xiao. At the same time, Gome has re-appointed Wei Liqiu as executive director of the company, with effect from January [...]]]></description>
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		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Chen Xiao Appointed Acting Chairman Of Gome</title>
		<link>http://www.chinaretailnews.com/2008/12/01/1902-chen-xiao-appointed-acting-chairman-of-gome/</link>
		<comments>http://www.chinaretailnews.com/2008/12/01/1902-chen-xiao-appointed-acting-chairman-of-gome/#comments</comments>
		<pubDate>Mon, 01 Dec 2008 02:30:14 +0000</pubDate>
		<dc:creator>ChinaRetailNews.com Editor</dc:creator>
				<category><![CDATA[Electronics]]></category>
		<category><![CDATA[Beijing]]></category>
		<category><![CDATA[Chen Xiao]]></category>
		<category><![CDATA[crime]]></category>
		<category><![CDATA[economic crime]]></category>
		<category><![CDATA[Gadgets & Electronics]]></category>
		<category><![CDATA[Gome]]></category>
		<category><![CDATA[Hong Kong Stock Exchange]]></category>
		<category><![CDATA[Huang Guangyu]]></category>
		<category><![CDATA[investor relations]]></category>
		<category><![CDATA[police]]></category>
		<category><![CDATA[retail]]></category>

		<guid isPermaLink="false">http://www.chinaretailnews.com/?p=1902</guid>
		<description><![CDATA[Chinese electric appliances retailer Gome has published a notice stating the company has appointed its president Chen Xiao as acting chairman. Gome says it received a formal notice from the Beijing police on November 27, 2008 that confirms Gome's chairman Huang Guangyu is under investigation for economic crimes. In addition, according to information from Gome, [...]]]></description>
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		<slash:comments>0</slash:comments>
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		<title>Gome Acquires Remaining 10% Of Yongle For CNY811 Million</title>
		<link>http://www.chinaretailnews.com/2008/09/04/1442-gome-acquires-remaining-10-of-yongle-for-cny811-million/</link>
		<comments>http://www.chinaretailnews.com/2008/09/04/1442-gome-acquires-remaining-10-of-yongle-for-cny811-million/#comments</comments>
		<pubDate>Wed, 03 Sep 2008 19:30:55 +0000</pubDate>
		<dc:creator>ChinaRetailNews.com Editor</dc:creator>
				<category><![CDATA[Electronics]]></category>
		<category><![CDATA[acquisition]]></category>
		<category><![CDATA[Beijing]]></category>
		<category><![CDATA[Chen Xiao]]></category>
		<category><![CDATA[China Paradise Electronics Retail]]></category>
		<category><![CDATA[Gome]]></category>
		<category><![CDATA[M&A]]></category>
		<category><![CDATA[Yongle]]></category>

		<guid isPermaLink="false">http://www.chinaretailnews.com/?p=1442</guid>
		<description><![CDATA[Gome Electrical Appliances Holding Ltd., has achieve an agreement with five shareholders, including Chen Xiao, founder of Yongle and the current president of Gome, to acquire the remaining 10% shares of Yongle (China) Electronics Retail Co. This makes Yongle a wholly-owned subsidiary of Gome. In July 2006, Gome acquired the Hong Kong listed China Paradise [...]]]></description>
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