NVC infighting as flawed Wanzhou base output fell 200 million pre

According to the Chongqing Youth Daily reported that over the past year, NVC shares around for the smoke filled the air, and Wu Changjiang was arrested, Wang Donglei wins, the end of a farce. Performance for the first time, it is the consequences of the shareholders fight. The smoke cleared, spectators leave, as once the battle "Wushi site, NVC Chongqing Wanzhou production base has resumed production, but the recovery is not a short duration of time.

Capacity recovery puzzle

NVC production base in Wanzhou (hereinafter referred to as the "Wanzhou base") as one of the key production base of NVC's, NVC occupies 25% of the capacity of traditional lighting. In 2014 by NVC "faction", NVC production base in Wanzhou from August to November was discontinued.

Although Wanzhou base has resumed production in March, but the output has become a secret can not be said.

According to Hu Ming, general manager of Wanzhou base, from November 6th to resume production, Wanzhou base may reach the peak value of the output level. "Perhaps one day yield at 180 thousand ~20 million, of which about more than 120 thousand of the T4, T5 fluorescent lamp, lamp and lamp of the remaining seventy thousand or eighty thousand. "He said looking.

However, another person in charge of the Wanzhou base, said after the resumption of production, Wanzhou base of 150 million yuan output value of the goods produced.

The official also revealed that in 2014, Wanzhou base output is expected to decline by 200 million yuan.

NVC 2014 annual report also showed that NVC's main business revenue growth of 20.4% in addition to lighting products, lighting products and other two business fell 23.4%, 12% decline in lighting.

The reason why the growth of lighting products, LED lighting products, which is due to an increase of 82.1%, the traditional lighting products are different degrees of decline.

It is puzzling that, since the production capacity to resume production, Wanzhou base staff Feng Zhaoju, within two minutes, the production capacity was given a different view of the 4.

Feng Zhaoju, the name of the original name of the production base of Wanzhou did not stop production statistics, and then said after the resumption of production personnel adjustments, restructuring, deployment, and then said to be in a hurry before the owe. But soon Feng Zhaoju's argument has become clear that the decline in production, how can be announced.

"Now than before the benefits of good living really is not much, before the good we have two thousand or three thousand dollars a month wages, now more than 1 thousand, factory no.. Base production staff Livy (a pseudonym) said, I am afraid that even the base salary is not. "Hu Ming said, at present Guangdong Runda electrical Limited by Share Ltd (hereinafter referred to as" Elec-Tech ") has been completely taken over Wanzhou base. The main management has changed. At present, the number of employees in Wanzhou base of nearly 2000 people. After the Spring Festival, the return rate of 98%.

"The show by Wanzhou production

In August 8, 2014, NVC announced, Wu Changjiang of former CEO positions were dismissed. Then focus on who is trying to empty the NVC, the king of Wu two people held a press conference in Chongqing and Beijing respectively, a massive fire. In the meantime, NVC suspended.

Hu Ming said that in August 8, 2014, he was with the current chairman of the Wanzhou base, Xiao Yu to take over the factory in Wanzhou. And Wu Changjiang's spokesman said the company or the management of the Wu Changjiang".

As for Wang Donglei staged all martial arts "in the Chongqing headquarters, Hu Ming said that Wu Changjiang had been ousted chief executive, but he still took over the company's official seal. Wang Donglei is just a routine.

But in the video circulated on the Internet, does appear to Wang Donglei with people in Chongqing headquarters strike violently picture.

In August 11, 2014, NVC Wanzhou base has been shut down. NVC spokesman Shi Yongjun said, from the beginning of August 11, 2014, for the sake of the safety of staff, Wanzhou base workers holiday.

Feng Zhaoju said that at the time of holiday, factory workers claiming Elec-Tech is attempted to occupy the interests of NVC, so workers have to cooperate "to leave for a week".

"But Wanzhou base workers is not clear between Wu Changjiang and Wang Donglei just called Wu Changjiang the right and wrong, biased or Elec-Tech to annex NVC. Feng Zhaoju said.

Hu Ming said, in fact, the workers understand Wu Changjiang in Waiqian gambling, and the existence of related party transactions of listed companies misappropriation of property, the two time we have to take over, chairman Wang Donglei expressed support for workers.

But Hu Ming also admitted that indeed took over the team again in Wanzhou staged all martial arts base". He explained that Wu Changjiang was to the dealer IOUs, so that dealers hit the money into their private accounts. In order to protect the interests of the company, they had no choice but to take over the team to the base of Wanzhou blocking road.

Output fell 200 million

The announcement shows that the period from August 30, 2013 to August 4, 2014, Wu Changjiang and others through loans and other means, has 8 times to Chongqing for NVC illegal guarantee, four companies currently secured bank borrowings unaccounted for. Therefore, Chongqing NVC bank was forced to deduct 395 million yuan.

Feng Zhaoju said is true, and Wang Donglei had frozen Chongqing NVC funds, November 6th Wanzhou base to resume production, but until mid November, funds to thaw. Funding problems led to some difficulties in the production of Wanzhou base recovery.