On August 16, He Jun, who had just purchased 23 NVC lighting H shares indirectly, said that it intends to promote the company's "small shareholder revolution" as a minority shareholder of NVC.
In the face of the ineffectiveness of Wu Changjiang’s “use of private and private use of nepotism to bring the company’s resources to the company’s huge bad debt riskâ€, Li Su said that NVC’s board of directors should report to the procuratorate and stock exchange in the Mainland and Hong Kong as soon as possible. Investigate all illegal and criminal activities within the company; it should call for the convening of an extraordinary general meeting as soon as possible to transfer the company's headquarters, the issue of returning benefits, the termination of related transactions, and the appointment of the management team to the shareholders' meeting for voting.
For Wu Changjiang’s claim that a special shareholder meeting will be held to “return†to NVC Lighting as a major shareholder, Li Su said that major shareholders such as Goldman Sachs, Schneider, and Sui have accounted for about 43% of NVC’s equity, which regulates corporate governance. The interests of the parties are the same, and Wu Changjiang only accounts for about 20%. "This way Wu Changjiang has no chance of winning."
However, the purpose of He Jun’s entrepreneurship to participate in this matter is very doubtful. In fact, Hejun Entrepreneurship Consulting claimed to be entrusted by NVC's minority shareholders, but Li Su was unclear about the specific entrusted and entrusted minority shareholders and the total number of shares held.
In addition, there have been rumors that Hejun Ventures accepted a public relations fee of 5 million yuan to incite small shareholders to "boom" Wu Changjiang. At the press conference, Li Su denied that he did not know the current chairman of NVC Lighting and the founding partner of SAIF Asia. He did not meet with him. He was entrusted by the minority shareholders to issue an open letter. Put pressure on the board of directors of the board of directors.
Li Su also revealed that he is considering seeking to become an independent director of NVC Lighting, or to participate in the restructuring of NVC lighting and dealers, and to introduce dealers into the NVC lighting company system.
Wu Changjiang said in an interview with the media on the 16th that before he resigned as chairman and director on May 25, he had been informed of this information in advance and was suspected of manipulating the stock price. Wu Changjiang said that the former Hong Kong Stock Exchange and the Hong Kong Stock Exchange have been involved in investigating the matter. On May 25, NVC Lighting announced that the chairman and CEO Wu Changjiang resigned for personal reasons and took over as chairman of the board, which led to NVC lighting guilt, which continues to this day.
He did not respond to this allegation. Shi Yongjun, spokesperson for NVC Lighting, said that he could only ask himself about this matter. He did not receive any news about the incident.
In addition, at the press conference, Li Su said that Wu Changjiang did not obey the resolution of the board of directors and insisted on relocating the headquarters of NVC to Chongqing Nan'an District and signed a contract with the local government, which may involve commercial corruption and a land transaction. However, Wu Changjiang has always refused to take out the contract.
According to public information, in July 2011, NVC Lighting acquired a piece of 22 mu of land in Nan'an District of Chongqing. Wu Changjiang promised to invest about 800 million yuan to build the NVC headquarters building. At that time, the secretary of the Nan'an District Party Committee was Xia Zeliang, who had close ties with Wu Changjiang. Xia Zeliang was taken away for investigation in March 2012.
Wu Changjiang responded that the agreement with the Nan'an District Government was a resolution of the board of directors at that time. He did not violate the regulations, did not infringe any interests of the company, and did not have any related transactions with the company.
On the 15th, Wu Changjiang expressed his intention to hold an extraordinary general meeting of shareholders. Regarding the odds of winning, he said, "I hope Schneider and Goldman Sachs can stand up." He also said that he has been open to communication with the current board of directors and plans to travel to the company and the board on the 17th.
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