NVC's board has officially took over the Chongqing headquarters

In October 20th, NVC announced that the board of directors of the company working group stationed in Chongqing head office, the board officially took over the Chongqing headquarters. Previously, NVC headquarters in Chongqing has been controlled by the company's founder, former chairman Wu Changjiang. Headed by Wang Donglei NVC board took over the Chongqing headquarters, means that Wu Changjiang fell to Chongqing.

NVC micro-blog official news release, "on the morning of October 20th, the NVC board of directors working group stationed successfully in NVC (China) Co. Ltd. Chongqing office building, a meeting with the headquarters of the Department, which marks the NVC board of directors have been taking over the Chongqing headquarters, and fully carry out the post daily work. "

In October 9th Wang Donglei published a "NVC (China) Co. Ltd. business license", according to Chongqing Municipal Administration for Industry and Commerce in September 30th this year will be the NVC legal changes to Wang Donglei. In this regard, Wu Changjiang said it was to the Ministry of commerce administrative reconsideration.

At present, NVC's board of directors has taken over Chongqing, Huizhou, Zhejiang NVC and Shanghai production base and production base management company, Wanzhou NVC remaining unknown.

Wu Changjiang and Wang Donglei for the control of NVC process, Chongqing headquarters was the headquarters of Wu Changjiang, once formed the "North South regime" situation.

In August 8th this year, NVC announced that the board dismissed Wu Changjiang NVC, chief executive officer of the company. However, Wu Changjiang was still in control of the NVC headquarters in Chongqing, accounting for 40% of turnover and NVC production base in Wanzhou, and holds the company's business license and official seal, financial seal.

Wu Changjiang was ousted in second, NVC insiders said, Wang Donglei to take over Chongqing NVC headquarters failed, and wounded Wu Changjiang assistant. After the outbreak of the conflict, the NVC Board sent over personnel repeatedly with NVC headquarters in Chongqing and Wanzhou production base of the staff, but the Chongqing company and production base has been under the control of Wu Changjiang.

In September 10th, NVC held a press conference in Beijing, said the Wu Changjiang alleged breach of collateral, the 173 million NVC suffered huge losses, or so the alleged misappropriation of funds or embezzlement; crime; illegal disclosure, non disclosure of important information on the crime. NVC sued Chinese in mainland China and Hongkong, to pursue its legal responsibility.

Wu Changjiang then report back not resigned to playing second fiddle to Wu Changjiang Wang Donglei, October 10th, second Elec-Tech shareholder report Wang Donglei in May 2013 to Elec-Tech nominal investment 640 million yuan acquisition of assets was negative while Weimei 21.27% stake, Yan Zhongchao belongs to the high premium to buy shares, causing huge economic losses to China, the alleged transfer of benefits.

At the same time, Wu Changjiang accused Wang Donglei and his younger brother Wang Dong, during his 100 million stake in the BDO NVC, the Hong Kong dollar fraud. Currently, these reports and prosecution have not yet formally entered the court proceedings.

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