Huang Guangyu, the founder and still-largest shareholder of the electronics retailer Gome, was tried last week on bribery and insider trading charges.
FORBES: China Podcast: Former Billionaire on Trial & Real Estate Bubble
Huang Guangyu narrowly failed in his bid to unseat Chairman Chen Xiao and another board member and replace them with his sister and lawyer on Tuesday.
FORBES: Gome's Jailed Tycoon Suffers Setback
In a survey currently running on the Chinese Internet portal QQ.com, 988, 375 users (79%) say Huang Guangyu should retain control of the company he built from scratch over two decades.
FORBES: Should Gome Dump Its Jailed Founder?
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