Huang Guangyu: Starting from scratch to create the Gome wealth empire

by alexwang1987 on 2007-11-26 16:32:50

The second time Huang Guangyu went to Inner Mongolia was in January 1986. The Spring Festival of 1986 was just around the corner, and Huang Guangyu asked his brother if there were any other big cities worth visiting. His brother mentioned a few city names like Beijing, Taiyuan, Shanghai, etc. "I checked on the map, and Beijing seemed bigger, so I decided to come here alone first." Huang Guangyu immediately fell in love with Beijing; he felt that it suited his personality very well. With the 4000 yuan he had saved up in Inner Mongolia, and borrowing and collecting another 30,000 yuan, 17-year-old Huang Guangyu joined his brother in leasing a 100 square meter storefront at No. 420 Zhushikou East Street, right in front of the Qianmen area in Beijing. This was the beginning of the Gome Electrical Appliances chain store.