Jane Chen / Shanghai Daily news

Hong Kong-listed home appliance retailer Gome Holding Limited will invest HK$32 million (US$4.1 million) to add more stores on China's mainland, today's The Beijinng News reported, citing the company's executive director Du Juan.
Du said so yesterday when published Gome's first mid-term financial report after going public.
According to the report, Gome raked in a profit of HK$246 million by the end of September, nearly a double of the previous half-year.
Despite the soaring profit, Gome doesn't plan to give out cash dividends because it wants more cash to expand business, Du said.
It will use HK$32 million to open more stores in China's key cities and secondary cities.  By the end of this year, four new retailing stores of traditional home appliances will be added to the existing 116 stores in the country, and 12 new digital product specialty stores will be added nationwide to the current 18.
Investment for a traditional home appliance store takes HK$1.2 million while that for a digital product store costs between HK$400,000 and HK$500,000.
Gome also aims to increase market share in the second fiscal year from the 2.5 percent, Du added. Its parent company, Gome Group, hopes to expand its market share to 15 percent from the current 5 percent.