NVC focus "flash marriage": the key to success lies in running

For Elec-Tech and NVC's "flash marriage", the capital market can not fully understand, but questioned. Industry experts told reporters that the marriage, you can get through the upstream and downstream industry chain LED lighting, but the key to success is running in.

Wu Changjiang "retreat"

The acquisition of NVC news 27 after the announcement, the two companies share price fell for two days. The capital market is clearly still have fears and concerns: Elec-Tech can stabilize the NVC board and the dealer system? To regain control of the board of directors NVC major shareholder Wu Changjiang why suddenly sell shares? There are doubts that Wu Changjiang on suspicion of insider trading, the "sell high and buy low NVC shares Elec-Tech stock, net profit of 300 million yuan.

Yesterday, Wu Changjiang broke the silence, lamented on micro-blog is not understood. He said: "looking back on the past year, my mood at this moment can not use language to express, want to cry, want to cry, even want to find someone to fight. But most want is to go home with the family, find a quiet place to turn off the phone, a good rest for a few days. "

Wu Changjiang also said: more than and 10 years of entrepreneurial history, although rough and dangerous, but also lucky. This evaluation of their own, perhaps it is not a rule, not according to the common sense of the people, but it is a commitment to abide by the heavy sense of justice. If my every decision, every step of the strategy we can understand, may really not today ". "

Let the NVC holdings and shares to become the two BDO shareholders, Wu Changjiang again do not play by the rules, and this is regarded as a "retreat". An introduction of LED industry chain Elec-Tech strength, accelerate the transformation of the NVC to emerging LED lighting; two is to break the NVC board of "three world", dispersed ownership situation.

In fact, it's hard to say that Wu Changjiang was trying to escape. He sold shares of HK $950 million cash NVC will recover, but the subscription of 130 million shares to Elec-Tech spent 760 million yuan.

The industry believes that the acquisition of BDO NVC is a big case of the marriage of LED upstream and traditional lighting, the key to success at multiple levels on both sides of the board of directors, management and other running.

Wang Donglei has been through Yan Yan and Zhu Hai?

After the completion of the acquisition, China will account for 20.05% of the equity become NVC NVC, the largest shareholder. Moreover, Wu Changjiang held the remaining BDO NVC 6.79% stake, have the preemptive rights, if fully subscribed, the equity held Elec-Tech NVC will increase to 26.84%, close to the Saif and Schneider Electric Holdings NVC equity and 27.69%.

NVC 2012 involvement in the internal strife, although still need to calm the firm. Today, Elec-Tech suddenly entered the NVC, Saif and Schneider Electric will decide whether or not to accept the NVC board of directors in the future whether "peaceful coexistence".

A Elec-Tech insiders told reporters, BDO Runda chairman Wang Donglei early and Saif partners, the incumbent president Zhu Hai Schneider and NVC chairman Yan Yan met China electrical region.

However, Yan yesterday answer the telephone, this is only in response to a sentence: "I can't talk about. Schneider electric also did not respond. Zhu Hai had previously stressed in an interview with reporters, is not willing to NVC holdings.

The Elec-Tech insiders say, Elec-Tech is likely to further increase to achieve integration with the NVC NVC more and strengthen the actual control, Wu Changjiang will return to the helm of the NVC, on condition that Wu Changjiang must improve the NVC board in the management and regulation of the camp Elec-Tech will actively cooperate with the premise.

Wu Changjiang will still NVC trader?

Dealer system is another level of running in. In the NVC infighting storm, the dealer system become "very stalwart Wu", if Elec-Tech presided over the NVC board of directors, the dealer system is also controlled?

One of the NVC core distributors in Yunnan NVC operations center chairman Li Guanmin yesterday told reporters that the distribution system is NVC LED lighting products, and Elec-Tech collaboration can enhance the strength of NVC LED. He (referring to Wu Changjiang) is certainly optimistic about the new (LED lighting) market, so there is no rule. Li Guanmin said.

As to whether to worry about Wu Changjiang left, Li Guanmin believes that after the acquisition of BDO NVC, estimation of terminal products will continue to be the NVC brand. "Wu is still a trader, he was reluctant to NVC, as long as the NVC do it. "I don't care about the role of a professional manager.

Run in the industrial level. Zhang Xiaofei said, Elec-Tech LED chip capacity is greater than the ability to digest and NVC NVC, marriage may affect Elec-Tech with other customers of cooperation. Although Elec-Tech and NVC acquisition, but LED lighting products procurement best to maintain a certain degree of opening, to ensure the quality of products.

The Elec-Tech insiders, Elec-Tech has been involved in LED chip, packaging and application products, can fully meet the NVC LED lighting products OEM task. In addition to the NVC as the end product brand, Elec-Tech has reached a cooperation with the German lighting brand AEG, and will be the home appliance giant Whirlpool brand cooperation, so as to complete the global brand layout. "The acquisition of NVC, open a key channel to popularize Elec-Tech LED lighting products. "

A NVC the length of the production line in September this year, Wu Changjiang told reporters, "return" after "