NVC's former director Wu Changjiang contacts are from 35 million 497 thousand

NVC announced that the company's board of directors is a bank issued a complaint in the Chongqing first intermediate people's court recently informed that it relates to NVC (Chinese) (formerly known for its Chongqing NVC Industrial Company Limited trading, hereinafter referred to as NVC Chinese).

The petition for Western Chongqing en Wei Development Company (EN Weixi) repayment due to a so-called financing contract 35 million 497 thousand yuan coins to the bank payment plus interest. As of May 13, 2015, the company is the company's former director Wu Changjiang contact, and the company's stakeholders.

The complaint further announced: 8 person / entity (including Wu Changjiang, NVC China and other related to Wu Changjiang or even may related person / entity) as well latitude west the debt owed to the bank guarantee to the bank, should bear joint liability and Chinese NVC banks entered into a security agreement and said.

The board of directors prior to the so-called contract and the so-called guarantee agreement did not know, are not aware of the NVC China allegedly involved in the so-called contract awarded. The company is taking steps to obtain further details of the complaint and is seeking legal advice on the impact of the complaint.

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