Gome promises to reorganize Sanlian to solve horizontal competition within 5 years

(Reporter Niu Yinghui) Yesterday, the *ST triple announcement stated that the company's controlling shareholder GOME promised that as the company's actual controller, it will reorganize the *ST triple merger including mergers and acquisitions, asset replacement, etc., and resolve the industry within 5 years. Competition issues.

Although there is no specific reorganization method in the announcement, as a major shareholder of Gome's "5-year commitment", it still takes a lot of triple investors to eat a "centering pill." Previously, due to the stalemate between trademark, property, and financial disputes with the original major shareholder, Sanlian Group, which directly affected the normal company operations of the *ST Triple, the ST was suspended in May 2010.

At present, *ST Sanlian is applying to the China Securities Regulatory Commission for re-listing. The relevant person in charge of the company stressed: "The application for resuming the listing has not been affected by the loss of the trademark case, but it is proceeding normally." And for the loss of the trademark case, The announcement stressed that "no major adverse impact."

The dispute over the “Triple” trademark between Gome and *ST Sanyuan’s former major shareholder Sanlian Group has lasted for three years. On June 24 of this year, the Jinan Intermediate People's Court that accepted the case made a first-instance judgment, dismissed the request for a lawsuit filed by the *ST Sanlian, and determined the ownership of the trademark to the Sanlian Group. *ST Sanlian said yesterday that the company name "*ST Sanlian Co., Ltd." was approved by the State Administration for Industry and Commerce and registered by the Shandong Administration for Industry and Commerce. "Triple" trademark disputes do not affect the current use of company names.

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