For the noisy "Riesnerne" incident, the two days of the past weekend were a key turning point: the three sides of the squad, Wu Changjiang and Schneider went from the air to the negotiating table.
According to reliable sources, on July 14, NVC Lighting founder and former chairman Wu Changjiang, Safran Investment's chief partner, and Schneider's chief representative Zhu Min held a face-to-face meeting in Shanghai. This is a dispute so far, the parties face the party for the first time.
The bottom line highlighted by the negotiating parties is very clear.
He proposed that there is no prejudice against Wu Changjiang, but Wu needs to explain the investigated incidents and related transactions to the board of directors, and Wu should avoid the arbitrariness of doing things. Wu Changjiang said that he can cooperate with the board of directors and related transactions. Will explain clearly, but Schneider executives must leave the board; Schneider's position has not been known, but it is understood that Schneider's Chinese leader has begun to report to the French headquarters to communicate and do their best to keep their interests.
According to reports, compared with the previous confrontational sentiment, the attitudes of all parties have been significantly eased. He even opened a bottle of expensive wine at the meeting. However, there are still many uncertainties in the calm. According to people close to Wu Changjiang, many dealers have already said: If the situation is still stagnant, "do not rule out selling other brands in the NVC lighting store."
The three parties are very clear that the NVC incident has now evolved from a shareholder dispute to a public event. From ordinary employees to dealers and executives, the entire NVC industrial chain has been involved in this incident. The industry believes that the three parties can go from the previous airspace battle to today's face-to-face negotiations, or provide a rare opportunity for the settlement of the NVC incident.
Wu Changjiang: Schneider must go
According to sources, Wu Changjiang, who is currently strongly supported by dealers and employees, is not interested in “completely breaking†with the current board of directors. He expressed his willingness to cooperate with the board of directors to explain the related party transactions and must let “Schneider’s people leaveâ€.
Wu Changjiang’s tough attitude towards Schneider is quite interesting. Previously, after Wu Changjiang resigned as the president, the new president Zhang Kaipeng was widely questioned by the “Wu Changjiang Alliance†because of his relationship with the teacher and his Schneider background. Since then, in a series of personnel arrangements within NVC Lighting, NVC Director, Schneider China President Zhu Hai, and Schneider's Li Xinyu and Li Rui have also been assigned to take charge of the position. This arrangement, under the circumstances of the inside and outside of the time, quickly caused the resistance of NVC to Schneider.
On July 13, he also said in an interview with the media that it is not for the core members of Schneider, including the new president Zhang Kaipeng, to let them leave NVC lighting.
According to public information, in July 2011, Schneider became a strategic investor and invested in NVC Lighting, investing 1.275 billion Hong Kong dollars, and the consideration of HK$4.42 per share won 9.13% of NVC Lighting, becoming the third largest shareholder. At present, this strategic investor who has been personally recommended by Wu Changjiang has become the most embarrassing factor in the board's "peace talk".
阎焱: Clarify doubts and avoid specialization
In the media interviews of the past few days, while swearing at Wu Changjiang, he also released some friendly information. He repeatedly stressed that Wu Changjiang himself is not malicious. However, the position of Wu Changjiang’s “three points†has not changed. In particular, Wu Changjiang is required to clarify the related related party transactions, and at the same time, do not act too arbitrarily.
Interestingly, one of the previous questions about Wu Changjiang’s various related transactions was to accuse Wu Changjiang of moving the NVC headquarters from Huizhou to Chongqing without the consent of the board of directors. The 20 million yuan of funds and preferential land awarded in the aspect were transferred to the individual name.
In response, a current NVC lighting executive also responded, the person said that the local development zone government's 20 million incentive program has a premise, these requirements require NVC lighting registration capital of 1 billion yuan, and the first The five-year output value will reach 100 billion yuan and the tax revenue will reach 500 million yuan.
According to a source, the reporter said that the "a piece of preferential land" mentioned by the company is actually a piece of land of about 20 mu, which was obtained by the NVC affiliated company after the strict recruitment and auction procedures. Behavior, there is no personal acquisition of the land in the name of the land."
However, the above statement is not confirmed by the relevant parties.
In the process of the NVC incident, Schneider, who is not an absolute protagonist, has always been considered to play multiple roles. On the one hand, NVC internally believes that it is a participant in the conspiracy coup; on the one hand, the non-competitive relationship between the equity ratio and the business line also makes Schneider considered to be the “imaginary enemy†of the Wu Changjiang mass movement. On July 13, the first day of the NVC lighting dealers, executives and employees announced a strike in Chongqing, they ran a banner slogan asking Schneider to leave NVC.
In the personnel transfer of NVC, many senior executives of Schneider's background became the biggest basis for questioning their ambitions. This should also be the reason why Wu Changjiang was worried about this in the negotiations. In fact, in order to prevent loss of control, Wu Changjiang once began to increase the holding of NVC lighting stocks last year. According to the Hong Kong Stock Exchange, during the period from September 20 to 30, 2011, Wu Changjiang increased the holding of 9 million shares of the group five times, and the overall shareholding increased to 19.45%.
According to public information, since the 1980s, Schneider has acquired world-renowned electrician brands such as TE Electric, Real Express, Merlin Gerin and Qisheng. In the past 40 years of development in China, acquisitions and mergers have been It is the main line of the company's expansion in China. In March of this year, Schneider also acquired Chongqing Enlin Electric Co., Ltd. in Wanzhou. According to public reports, Enlin Electric is not a listed company assets of NVC Lighting, but Wu Changjiang owns nearly 40% of the company's shares.
Some insiders also said that Schneider's senior management team in NVC Lighting may become a waste in the balance of interests.
According to reliable sources, on July 14, NVC Lighting founder and former chairman Wu Changjiang, Safran Investment's chief partner, and Schneider's chief representative Zhu Min held a face-to-face meeting in Shanghai. This is a dispute so far, the parties face the party for the first time.
The bottom line highlighted by the negotiating parties is very clear.
He proposed that there is no prejudice against Wu Changjiang, but Wu needs to explain the investigated incidents and related transactions to the board of directors, and Wu should avoid the arbitrariness of doing things. Wu Changjiang said that he can cooperate with the board of directors and related transactions. Will explain clearly, but Schneider executives must leave the board; Schneider's position has not been known, but it is understood that Schneider's Chinese leader has begun to report to the French headquarters to communicate and do their best to keep their interests.
According to reports, compared with the previous confrontational sentiment, the attitudes of all parties have been significantly eased. He even opened a bottle of expensive wine at the meeting. However, there are still many uncertainties in the calm. According to people close to Wu Changjiang, many dealers have already said: If the situation is still stagnant, "do not rule out selling other brands in the NVC lighting store."
The three parties are very clear that the NVC incident has now evolved from a shareholder dispute to a public event. From ordinary employees to dealers and executives, the entire NVC industrial chain has been involved in this incident. The industry believes that the three parties can go from the previous airspace battle to today's face-to-face negotiations, or provide a rare opportunity for the settlement of the NVC incident.
Wu Changjiang: Schneider must go
According to sources, Wu Changjiang, who is currently strongly supported by dealers and employees, is not interested in “completely breaking†with the current board of directors. He expressed his willingness to cooperate with the board of directors to explain the related party transactions and must let “Schneider’s people leaveâ€.
Wu Changjiang’s tough attitude towards Schneider is quite interesting. Previously, after Wu Changjiang resigned as the president, the new president Zhang Kaipeng was widely questioned by the “Wu Changjiang Alliance†because of his relationship with the teacher and his Schneider background. Since then, in a series of personnel arrangements within NVC Lighting, NVC Director, Schneider China President Zhu Hai, and Schneider's Li Xinyu and Li Rui have also been assigned to take charge of the position. This arrangement, under the circumstances of the inside and outside of the time, quickly caused the resistance of NVC to Schneider.
On July 13, he also said in an interview with the media that it is not for the core members of Schneider, including the new president Zhang Kaipeng, to let them leave NVC lighting.
According to public information, in July 2011, Schneider became a strategic investor and invested in NVC Lighting, investing 1.275 billion Hong Kong dollars, and the consideration of HK$4.42 per share won 9.13% of NVC Lighting, becoming the third largest shareholder. At present, this strategic investor who has been personally recommended by Wu Changjiang has become the most embarrassing factor in the board's "peace talk".
阎焱: Clarify doubts and avoid specialization
In the media interviews of the past few days, while swearing at Wu Changjiang, he also released some friendly information. He repeatedly stressed that Wu Changjiang himself is not malicious. However, the position of Wu Changjiang’s “three points†has not changed. In particular, Wu Changjiang is required to clarify the related related party transactions, and at the same time, do not act too arbitrarily.
Interestingly, one of the previous questions about Wu Changjiang’s various related transactions was to accuse Wu Changjiang of moving the NVC headquarters from Huizhou to Chongqing without the consent of the board of directors. The 20 million yuan of funds and preferential land awarded in the aspect were transferred to the individual name.
In response, a current NVC lighting executive also responded, the person said that the local development zone government's 20 million incentive program has a premise, these requirements require NVC lighting registration capital of 1 billion yuan, and the first The five-year output value will reach 100 billion yuan and the tax revenue will reach 500 million yuan.
According to a source, the reporter said that the "a piece of preferential land" mentioned by the company is actually a piece of land of about 20 mu, which was obtained by the NVC affiliated company after the strict recruitment and auction procedures. Behavior, there is no personal acquisition of the land in the name of the land."
However, the above statement is not confirmed by the relevant parties.
In the process of the NVC incident, Schneider, who is not an absolute protagonist, has always been considered to play multiple roles. On the one hand, NVC internally believes that it is a participant in the conspiracy coup; on the one hand, the non-competitive relationship between the equity ratio and the business line also makes Schneider considered to be the “imaginary enemy†of the Wu Changjiang mass movement. On July 13, the first day of the NVC lighting dealers, executives and employees announced a strike in Chongqing, they ran a banner slogan asking Schneider to leave NVC.
In the personnel transfer of NVC, many senior executives of Schneider's background became the biggest basis for questioning their ambitions. This should also be the reason why Wu Changjiang was worried about this in the negotiations. In fact, in order to prevent loss of control, Wu Changjiang once began to increase the holding of NVC lighting stocks last year. According to the Hong Kong Stock Exchange, during the period from September 20 to 30, 2011, Wu Changjiang increased the holding of 9 million shares of the group five times, and the overall shareholding increased to 19.45%.
According to public information, since the 1980s, Schneider has acquired world-renowned electrician brands such as TE Electric, Real Express, Merlin Gerin and Qisheng. In the past 40 years of development in China, acquisitions and mergers have been It is the main line of the company's expansion in China. In March of this year, Schneider also acquired Chongqing Enlin Electric Co., Ltd. in Wanzhou. According to public reports, Enlin Electric is not a listed company assets of NVC Lighting, but Wu Changjiang owns nearly 40% of the company's shares.
Some insiders also said that Schneider's senior management team in NVC Lighting may become a waste in the balance of interests.
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