Gome shares surged on news of the deal,
monster headphones australia, which is expected to end a debilitating power struggle that Huang has waged from his jail cell.
Executives of Gome Electrical Appliances,
Abercrombie outerwears, the biggest appliance retailer in China, announced Thursday that two representatives of Huang Guangyu have been added to the company’s 11-member board of directors.
Huang, once said to be worth $6.3 billion, was convicted in May of insider trading,
nike air max sneakers, illegal enrichment and paying bribes. He was sentenced to 14 years in prison.
Huang,
nike sb dunk women, who still holds more than 30 percent of the company’s stock,
bose in ear, narrowly failed to unseat the current chairman and another top executive in a shareholder vote in September.
Jailed Chinese Tycoon Makes Deal With Appliance Chain
A jailed tycoon once known as the richest man in China has regained a measure of control over the appliance store chain he once ran.
Some information in this story was provided by AP and AFP.
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