Wu Changjiang, the founder of NVC Lighting, and the current chairman of the board of directors have been fighting for several months, and it is very likely that they will be dated recently. NVC Lighting recently announced that Wu and He have already started discussions. Many of the company’s “Wufang†executives have also reinstated. The market’s expectation of Wu Changjiang’s heavy chairman is heating up.
Although the NVC crisis seems to be resolved soon, the situation is not optimistic. The stock price of NVC Lighting took the “roller coaster†with the development of the event; the company’s 2012 mid-year report showed that its net profit fell sharply; the company’s board of directors faced a reshuffle, and three board members announced their resignation in the near future. As of press time, NVC Lighting did not announce the return of Wu Changjiang, and the market feared that it would regenerate. Under the multiple negatives, NVC lighting investors are worried.
Earlier media reports said that under the intervention of government officials, Wu Changjiang had discussed with him on various aspects and decided to return to the company as chairman. NVC Lighting confirmed the talks between the two parties in an announcement issued on the evening of August 27, but stressed that the discussion was limited to between Yu and Wu. The board of directors stated that “the agreement on Wu Changjiang’s future position in the company has not yet been reachedâ€. In this regard, a current "Right Wu" NVC lighting executives said in an interview on the 28th, "It is not easy to say that everything is subject to the announcement of the listed company." As for when the official will officially announce Wu Changjiang Returning, the other party said that the relevant details are still under discussion.
It is reported that Yang Wenzhao, vice president of NVC Lighting, issued a "military order" at the company meeting on the 28th, requesting NVC lighting R&D and manufacturing departments to fully support sales. It is necessary to make up for the loss in the first half of the year, saying that "who can't finish the class." According to informed sources, Xu Fengyun, the former vice president resigned, and other Wu Changjiang core team managers have officially returned to NVC. It is widely believed that these are the signals of Wu Changjiang's return.
Since then, the reporter tried to contact the two parties separately, but as of the time of publication, Wu Changjiang’s mobile phone has been in a state of shutdown, and he has not responded to the reporter’s question. This move and the previous reporter invited Wu Hao to interview the attitude of the two people have changed significantly. In this regard, an industry insider who has long been concerned about the NVC incident said that with the rational return of Wu and Wu, it is only a matter of time before the settlement is finally reached. However, the two may have met with media issues cautiously or have reached a tacit agreement.
An industry veteran said that NVC Lighting did not release Wu Changjiang's return as expected, or because Wu Changjiang still needs time to deal with the related transactions and related funds mentioned earlier.
Industry veterans said that the entire domestic lighting industry has been paying attention to the development of the NVC situation, and they feel that it is "unfortunate" for such a big company to become such a problem. Now Wu and Wu can sit down and discuss, it is undoubtedly good news for NVC lighting and the entire industry. Wu Changjiang's return can at least control the chaos of NVC lighting, and may even make up for the loss performance. He said that Wu Changjiang should be able to "screw" the operation center of NVC lighting.
However, the above-mentioned people also expressed doubts about whether Wu Changjiang and Yu can really give up their former suspicions in their future work. He said that because the two sides have struggled too much before, it is still unclear whether the two sides can really recognize each other's strengths in the future and work together to carry out future work. In addition, he said that Wu Changjiang and Schneider's ideas are very different. If Wu Changjiang returns, the relationship between him and Schneider remains to be seen.
Although the NVC crisis seems to be resolved soon, the situation is not optimistic. The stock price of NVC Lighting took the “roller coaster†with the development of the event; the company’s 2012 mid-year report showed that its net profit fell sharply; the company’s board of directors faced a reshuffle, and three board members announced their resignation in the near future. As of press time, NVC Lighting did not announce the return of Wu Changjiang, and the market feared that it would regenerate. Under the multiple negatives, NVC lighting investors are worried.
Earlier media reports said that under the intervention of government officials, Wu Changjiang had discussed with him on various aspects and decided to return to the company as chairman. NVC Lighting confirmed the talks between the two parties in an announcement issued on the evening of August 27, but stressed that the discussion was limited to between Yu and Wu. The board of directors stated that “the agreement on Wu Changjiang’s future position in the company has not yet been reachedâ€. In this regard, a current "Right Wu" NVC lighting executives said in an interview on the 28th, "It is not easy to say that everything is subject to the announcement of the listed company." As for when the official will officially announce Wu Changjiang Returning, the other party said that the relevant details are still under discussion.
It is reported that Yang Wenzhao, vice president of NVC Lighting, issued a "military order" at the company meeting on the 28th, requesting NVC lighting R&D and manufacturing departments to fully support sales. It is necessary to make up for the loss in the first half of the year, saying that "who can't finish the class." According to informed sources, Xu Fengyun, the former vice president resigned, and other Wu Changjiang core team managers have officially returned to NVC. It is widely believed that these are the signals of Wu Changjiang's return.
Since then, the reporter tried to contact the two parties separately, but as of the time of publication, Wu Changjiang’s mobile phone has been in a state of shutdown, and he has not responded to the reporter’s question. This move and the previous reporter invited Wu Hao to interview the attitude of the two people have changed significantly. In this regard, an industry insider who has long been concerned about the NVC incident said that with the rational return of Wu and Wu, it is only a matter of time before the settlement is finally reached. However, the two may have met with media issues cautiously or have reached a tacit agreement.
An industry veteran said that NVC Lighting did not release Wu Changjiang's return as expected, or because Wu Changjiang still needs time to deal with the related transactions and related funds mentioned earlier.
Industry veterans said that the entire domestic lighting industry has been paying attention to the development of the NVC situation, and they feel that it is "unfortunate" for such a big company to become such a problem. Now Wu and Wu can sit down and discuss, it is undoubtedly good news for NVC lighting and the entire industry. Wu Changjiang's return can at least control the chaos of NVC lighting, and may even make up for the loss performance. He said that Wu Changjiang should be able to "screw" the operation center of NVC lighting.
However, the above-mentioned people also expressed doubts about whether Wu Changjiang and Yu can really give up their former suspicions in their future work. He said that because the two sides have struggled too much before, it is still unclear whether the two sides can really recognize each other's strengths in the future and work together to carry out future work. In addition, he said that Wu Changjiang and Schneider's ideas are very different. If Wu Changjiang returns, the relationship between him and Schneider remains to be seen.
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