Sino-Singapore Jingwei, November 4th. According to multiple media reports, Gome requires employees to sign a letter of commitment, which includes the company's delay in the payment of employee wages in the next six months to one year from October 2022.

According to reports, employees of a branch of Gome confirmed the letter of commitment and said they had signed it.

　　According to public information, the content of the letter of commitment includes that Gome said that due to the major challenges and influences of the complex internal and external environment, the company's strategic transformation is facing unprecedented difficulties.

In order to ensure that the company's business operations resume as soon as possible, employees are required to understand and promise that starting from October 2022, the company may delay the payment of employee wages in the next six months to one year; promise to adjust a positive attitude, and everything is based on improving business performance. , take value contribution as the core standard of evaluation; promise to actively maintain corporate interests and brand image, do not believe in rumors, do not spread rumors, do not spread negative information and emotions, etc.

　　Regarding the reason for signing the letter of commitment, some employees publicly stated, "If you don't sign it, you won't be paid (salary)."

　　Sino-Singapore Jingwei consulted the interim report released by Gome Retail at the end of September, which showed that the company closed 562 stores in the first half of 2022, opened 192 new stores, and a net decrease of 370 stores. Among them, China Meijing decreased by 326, Yongle 25, Dazhong 12, and 7 Beestars.

In addition, the company has newly exited 60 towns.

　　In terms of performance, Gome Retail has not been able to reverse the loss of money since its net profit turned loss in 2017.

From 2017 to 2021 and the first half of 2022, Gome's retail net profit lost 450 million yuan, 4.887 billion yuan, 2.59 billion yuan, 6.994 billion yuan, 4.402 billion yuan and 2.966 billion yuan respectively. The cumulative loss in five and a half years exceeded 220 million yuan. billion.

　　According to Gome Retail's 2021 and 2022 interim reports, the number of employees of the company has been reduced from 35,032 at the end of June 2021 to 25,701 at the end of June 2022, but the company's salary has increased from 597 million yuan disclosed in the 2021 interim report to The 2022 interim report disclosed 967 million yuan.

　　In addition, the remuneration of the company's key management personnel decreased from 13.31 million yuan in the first half of 2021 to 5.481 million yuan in the first half of 2022, mainly due to the reduction of share incentive expenses from 8.104 million yuan to 0 yuan.

　　It is worth mentioning that Sino-Singapore Jingwei reviewed the company's 2022 interim performance report. The company only stated that there was no major change in the salary policy, and did not further disclose the reason for the increase in salary.

　　In the secondary market, Gome Retail once stood at a high of HK$2 per share in early 2021, and then fell into a continuous downward trend. The stock closed at HK$0.124 per share as of November 3, with the latest market value of HK$4.4 billion.

(Sino-Singapore Jingwei APP)