NVC infighting will Jiezhong control over who?

Wang Donglei over 80% dealers to support support, Wu Changjiang emergency recovery Wanzhou factory chips

Tomorrow is decided the future of NVC shareholders' meeting held the day before the battle between Wu Changjiang and Wang Donglei chips into the white hot stage. In Wu Changjiang on August 22nd publicly questioned micro-blog through personal accounts Elec-Tech, on behalf of NVC as the major shareholder of BDO Runda chairman of the board of directors Wang Donglei said publicly in August 23rd Huizhou temporary headquarters, has received NVC 37 provincial distributors in 33 support. One of the 29 dealers also on the same day for the Wang Donglei platform to face the media. The transfer of repeatedly winning their internal disputes chips to the hands of Wang Donglei, Wu Changjiang in August 25th to restore the NVC Chongqing Wanzhou production base, Chongqing NVC headquarters and restore operations. As a result, Wu Changjiang and Wang Donglei were both in Wanzhou and Huizhou to build a "NVC", the two sides into a tug of war.

Wang Donglei holds the winning chips?

NVC's value is mainly reflected in two of its channels and brands, "China 2014 top 500 most valuable brands" data show that NVC's brand value topped the lighting field, from 2 billion 518 million years ago to four yuan rose to 10 billion 743 million yuan this year, the growth rate of up to 326%. Channel value, according to Wu Changjiang's argument, the channel sales of more than 8 billion yuan, profit of at least $500 million. NVC listed companies last year, income is only 3 billion 774 million yuan, net profit of 245 million yuan. Visible channel sales for NVC listed on the importance of the future growth performance of the.

Therefore, the struggle with Wang Donglei, the two sides also put the focus on the core dealer's fight. Wang Donglei before the removal of the Yangtze River in the Yangtze River Delta, has done a lot of work in the field of dealers, from the current situation, the effect of these efforts to do significantly Wang Donglei.

It is understood that the provincial distributor NVC has 37, according to Wang Donglei introduction, the support board has 33, and in August 23rd the day to go to Huizhou for Wang Donglei sites are 29, which accounted for nearly 90% of NVC sales. Wang Donglei to the express reporter said, "Nanjing, Shenzhen, Tianjin, Shanghai Center for four operators have entered the NVC interim operations management committee. The core of decision-making along with NVC dealers new management team. "

NVC shareholders meeting will be held in Hongkong on August 29th, to consider the implementation of the removal of directors of founder and former CEO Wu Changjiang's position, the reason is privately for 20 years NVC brand licensing to related companies. With Wang Donglei to get the support of dealers, Wang Donglei is also confident that the upcoming shareholders' meeting, all important shareholders will vote to dismiss his directors (duties), there is no suspense. "

Convergence of interests so that dealers mutiny"

In the first two times for control, Wu Changjiang was able to successfully return to the NVC, which support a large part of the dealers from around the world, but this time the situation is different. Since August 8th, NVC board dismissed Wu Changjiang's CEO duties, NVC will fall into fragmented state, Chongqing headquarters, Chongqing Wanzhou base are in a suspended state, Huizhou production base material supply shortages have also been affected. These actions touched the interests of dealers.

From Jiangsu dealer representative Wang Xiaobo told reporters that the current NVC has tens of thousands of dealers, tens of millions of people rely on the NVC to eat, every day they still need to pay the rent. Now if the problem of delivery, some customers can not get the order out of their maintenance of customers, their operations will have a big impact. I started doing 98 years NVC, (the) provisional authority with NVC, it is hoped that through to the NVC's feelings, as soon as possible to help NVC on track. NVC operations center in Tianjin responsible person Li Jianzhong called for, hope that Chongqing municipal government as soon as possible to restore Chongqing NVC Wanzhou production base, to maintain the normal development of the first brand Chinese lighting industry.

Wang Donglei said, NVC has appeared not timely delivery status. Shanghai and Zhejiang base has not been affected, Huizhou has returned to normal, the only difficulty is the base of Chongqing, Wanzhou.

Wang Donglei said that the Wanzhou base is Wu Changjiang's relatives and acquaintances in the tube, so the base for future managers will change, what time will be normal, depends on the local government's will, if necessary, we will be preparing to give up the Wanzhou base. "

In order to better deal with NVC, the August 16th Elec-Tech announced that Wang Donglei resigned as general manager, Elec-Tech as NVC and NVC to enter the temporary CEO. Then the night of August 21st, NVC announced the establishment of the temporary headquarters in Huizhou.

In a step by step "to Wu Changjiang" at the same time, Wang Donglei yesterday also revealed the development of two listed companies NVC and elec-tech. "The future of lighting business is concentrated in a NVC company, small appliances, and other chip business in china. "

Wu Changjiang to restore the hearts of Wanzhou factory

Wanzhou base currently accounts for about 1/4 NVC production, the main products are the traditional light source. According to Wu Changjiang beginning of wishful thinking, is hit by it under the control of Chongqing Wanzhou plant shutdown to be produced to add chips.

But with the control sidelined, Wu Changjiang made the "counterattack". August 25th, after the Yangtze River in Wanzhou, the base of the person in charge of communication and coordination with the Wanzhou district government, the local government agreed that the Wanzhou base officially returned to work, to resume production. Wanzhou base staff also