NVC Lighting (02222.HK) internal executives continue to fight. This time, the temporary CEO Wang Donglei has a tendency to completely "please out" the founder Wu Changjiang [microblogging].
On August 28, NVC Lighting will hold an extraordinary general meeting. The main topic is to remove Wu Changjiang as an executive director. Prior to this, Wang Donglei has frequently made moves and resigned as the general manager of Dehao Runda (002005.SZ). "Wang Donglei resigned as the general manager of Dehao Runda, and wanted to free up his hands to concentrate on the management of NVC. At present, it seems that the 'failed camp' between shareholders is very clear. If Wu Changjiang does not make a surprise, it is estimated that Wang Donglei Thoroughly 'please out' NVC lighting is very likely." Many industry insiders interviewed by analysts said.
Recall camp clear <br> <br> NVC Board of Directors announced the freezing of accounts Wanzhou factory, Wu Changjiang lawsuit to Wanzhou district court, the forthcoming extraordinary general meeting ...... "king" NVC battle has intensified.
With the approaching of the NVC Lighting Extraordinary General Meeting on August 28, the dispute between the “Wu Wang and the two factions†on the controlling stake in NVC has gradually spread to the shareholders of the board of directors, and this shareholder meeting is about whether to dismiss Wu Changjiang. The dispute over the position of executive director has also escalated.
"Now NVC Lighting Wu Pai and Wang Pai are lobbying for shareholders to compete for control. The purpose is that both parties want to fully control NVC lighting." A person familiar with NVC Lighting told the China Times "reporter.
At present, the largest shareholder of NVC Lighting is Dehao Runda controlled by Wang Donglei, holding 848 million shares of NVC Lighting, which holds 27.1% of the shares and is the largest single shareholder of NVC. There are 12 members of the board of directors of NVC Lighting. The executive directors include Wu Changjiang, Wang Dongming, Xiao Yu and Xiong Jie. The non-executive directors are Lin Heping, Zhu Hai, Wang Donglei and Li Wei.
On the afternoon of August 8, Wu Changjiang was removed from the position of Chief Executive Officer (CEO) at the NVC Lighting Board meeting. Wang Donglei became a temporary CEO by voting, and Xiao Yu and Wei Hongxiong established an emergency handling committee.
The above-mentioned insiders told reporters that in fact, before the removal of Wu Changjiang CEO, shareholders have begun to canvassing, but Wu Changjiang did not take action because of hindsight.
On August 20, NVC executive director Xiong Jie said in an interview with Huaxia Times that the majority of controlling shareholders’ wishes were consistent with the proposal of exempting Wu Changjiang’s executive director from the extraordinary general meeting, except for Wu Changjiang. 12 directors and 11 will vote in favor.
It is not certain whether Wang Donglei will be the CEO of NVC Lighting. Xiong Jie said in an interview with reporters that this is not yet fixed, but it is estimated that a new CEO will be invited in the future.
In this regard, on August 20, the reporter called Wu Changjiang, a relevant person in charge said that he still disagreed with whether the temporary general meeting was legal. The person in charge also said that it is still unclear whether Mr. Wu is attending the board of directors. However, in terms of canvassing, the person said that Mr. Wu never did the canvassing. What is the nature of the matter?
The reporter also called Wu Changjiang on the same day, and his mobile phone is still off.
After legal rights <br> <br> king alliance broken stick, Wu Changjiang an interview that "the storm is three times the equity dispute, battle for control of the company, but form just not the same."
According to the data, Wu Changjiang was twice driven out of the board by the top, and Wu Changjiang used the pressure of the dealers to return the curve. And can Wu Changjiang once again achieve a temporary flop and once again successfully control NVC lighting?
The above-mentioned Wu Changjiang people told this reporter that the company is currently trying to solve related problems through legal means. On the one hand, because the company is a listed company registered in Cayman, the company has filed a lawsuit in the courts of the Cayman Islands. In addition, the Chongqing headquarters and the Wanzhou company official seal were robbed, we have already filed lawsuits with the local courts in Chongqing and the courts in Wanzhou District, and have now accepted them.
A number of insiders interviewed by reporters analyzed the reporter's analysis that Wu Changjiang's right to speak was greatly reduced, and the use of legal means was a last resort.
Can the law solve the problem of controlling the equity? When the reporter raised the issue to Wu Changjiang, the person in charge of Wu Changjiang did not answer the reporter's question. He only stressed that the company is currently collecting materials and is suing the court, and the evidence is sufficient. "The relevant lawyers are the most clear."
The reporter found that although the mobile phone could not be used, Wu Changjiang’s cry on Weibo has not stopped. Wu Changjiang still "screams" on Weibo alone. "I have already sued Wang Donglei." On the 15th, Wu Changjiang uttered a voice on Weibo to attack the violent takeover of Wang Shilei of NVC: "Wang Donglei don't shout, don't be scared!"
On the morning of August 12, the NVC dealer conference was held in Beijing. The 19 provincial operators at the meeting signed a statement to support the resolution of the NVC board of directors and are willing to continue to cooperate fully with NVC Lighting under the leadership of Wang Donglei.
In response, Wu Changjiang replied that "the dealers will go to the dealers held by Wang Donglei will be normal, but whether it is really directed to Wang Donglei, whether it is forced to helpless, it is not clear." Can Wu Changjiang be temporarily flopped again?
On August 28, NVC Lighting will hold an extraordinary general meeting. The main topic is to remove Wu Changjiang as an executive director. Prior to this, Wang Donglei has frequently made moves and resigned as the general manager of Dehao Runda (002005.SZ). "Wang Donglei resigned as the general manager of Dehao Runda, and wanted to free up his hands to concentrate on the management of NVC. At present, it seems that the 'failed camp' between shareholders is very clear. If Wu Changjiang does not make a surprise, it is estimated that Wang Donglei Thoroughly 'please out' NVC lighting is very likely." Many industry insiders interviewed by analysts said.
Recall camp clear <br> <br> NVC Board of Directors announced the freezing of accounts Wanzhou factory, Wu Changjiang lawsuit to Wanzhou district court, the forthcoming extraordinary general meeting ...... "king" NVC battle has intensified.
With the approaching of the NVC Lighting Extraordinary General Meeting on August 28, the dispute between the “Wu Wang and the two factions†on the controlling stake in NVC has gradually spread to the shareholders of the board of directors, and this shareholder meeting is about whether to dismiss Wu Changjiang. The dispute over the position of executive director has also escalated.
"Now NVC Lighting Wu Pai and Wang Pai are lobbying for shareholders to compete for control. The purpose is that both parties want to fully control NVC lighting." A person familiar with NVC Lighting told the China Times "reporter.
At present, the largest shareholder of NVC Lighting is Dehao Runda controlled by Wang Donglei, holding 848 million shares of NVC Lighting, which holds 27.1% of the shares and is the largest single shareholder of NVC. There are 12 members of the board of directors of NVC Lighting. The executive directors include Wu Changjiang, Wang Dongming, Xiao Yu and Xiong Jie. The non-executive directors are Lin Heping, Zhu Hai, Wang Donglei and Li Wei.
On the afternoon of August 8, Wu Changjiang was removed from the position of Chief Executive Officer (CEO) at the NVC Lighting Board meeting. Wang Donglei became a temporary CEO by voting, and Xiao Yu and Wei Hongxiong established an emergency handling committee.
The above-mentioned insiders told reporters that in fact, before the removal of Wu Changjiang CEO, shareholders have begun to canvassing, but Wu Changjiang did not take action because of hindsight.
On August 20, NVC executive director Xiong Jie said in an interview with Huaxia Times that the majority of controlling shareholders’ wishes were consistent with the proposal of exempting Wu Changjiang’s executive director from the extraordinary general meeting, except for Wu Changjiang. 12 directors and 11 will vote in favor.
It is not certain whether Wang Donglei will be the CEO of NVC Lighting. Xiong Jie said in an interview with reporters that this is not yet fixed, but it is estimated that a new CEO will be invited in the future.
In this regard, on August 20, the reporter called Wu Changjiang, a relevant person in charge said that he still disagreed with whether the temporary general meeting was legal. The person in charge also said that it is still unclear whether Mr. Wu is attending the board of directors. However, in terms of canvassing, the person said that Mr. Wu never did the canvassing. What is the nature of the matter?
The reporter also called Wu Changjiang on the same day, and his mobile phone is still off.
After legal rights <br> <br> king alliance broken stick, Wu Changjiang an interview that "the storm is three times the equity dispute, battle for control of the company, but form just not the same."
According to the data, Wu Changjiang was twice driven out of the board by the top, and Wu Changjiang used the pressure of the dealers to return the curve. And can Wu Changjiang once again achieve a temporary flop and once again successfully control NVC lighting?
The above-mentioned Wu Changjiang people told this reporter that the company is currently trying to solve related problems through legal means. On the one hand, because the company is a listed company registered in Cayman, the company has filed a lawsuit in the courts of the Cayman Islands. In addition, the Chongqing headquarters and the Wanzhou company official seal were robbed, we have already filed lawsuits with the local courts in Chongqing and the courts in Wanzhou District, and have now accepted them.
A number of insiders interviewed by reporters analyzed the reporter's analysis that Wu Changjiang's right to speak was greatly reduced, and the use of legal means was a last resort.
Can the law solve the problem of controlling the equity? When the reporter raised the issue to Wu Changjiang, the person in charge of Wu Changjiang did not answer the reporter's question. He only stressed that the company is currently collecting materials and is suing the court, and the evidence is sufficient. "The relevant lawyers are the most clear."
The reporter found that although the mobile phone could not be used, Wu Changjiang’s cry on Weibo has not stopped. Wu Changjiang still "screams" on Weibo alone. "I have already sued Wang Donglei." On the 15th, Wu Changjiang uttered a voice on Weibo to attack the violent takeover of Wang Shilei of NVC: "Wang Donglei don't shout, don't be scared!"
On the morning of August 12, the NVC dealer conference was held in Beijing. The 19 provincial operators at the meeting signed a statement to support the resolution of the NVC board of directors and are willing to continue to cooperate fully with NVC Lighting under the leadership of Wang Donglei.
In response, Wu Changjiang replied that "the dealers will go to the dealers held by Wang Donglei will be normal, but whether it is really directed to Wang Donglei, whether it is forced to helpless, it is not clear." Can Wu Changjiang be temporarily flopped again?
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