Wang Donglei: if Wu Changjiang does not remove the NVC only one to two years of life

The evening of August 9th, NVC (2222, HK) major shareholder of BDO Runda chairman Wang Donglei told the Economic Observer online interview at the Intercontinental Financial Street Hotel, accompanied by Wang Donglei's assistant and bodyguard. Wang Donglei also served as chairman of NVC.

"I have no personal grudges and Wu Changjiang, there is no contradiction, as he once said, I was his Savior, pull him back from the brink of bankruptcy, a week spent ten billion to break him, in the NVC board of directors, I put him re elected to the board of directors with my voting rights. Recommended for CEO, and has been behind him, but unfortunately, he once again collide listed companies bottom line, the bottom line of the board, once suspected emptied by different trading of listed companies, the chairman has made me do not go on, otherwise I will face legal sanctions. So in order to safeguard the interests of major shareholders BDO, at the same time in order to safeguard the interests of investors, directors of listed companies as our conscientious diligent obligations, "Wang Donglei said, he must be dismissed, since recently, he slept three hours a day, in the face of those who oppose Wu Changjiang shareholders.

Now, Wang Donglei said, "if NVC does not remove Wu Changjiang, only a maximum of December to 24 months of life".

As of press time, Wu Changjiang cell phone has been turned off.

Q: last night, after the announcement of the removal of Wu Changjiang CEO post, the Internet came out after the board of directors of both sides of the body conflict behavior, what is the reason?

Wang Donglei: we have a board meeting yesterday, Wu Changjiang lifted the duties, in addition to his one against, the rest unanimously. After the meeting, I served as the new CEO, in the implementation of the new CEO duties, asked him to CEO in charge of the business license, business information and financial seal surrender, Wu Changjiang refused to surrender. In the handover process, I was responsible for the security and he had a physical collision. After the police investigation, these people continue to return to their original jobs. I believe that the outflow of live video, is artificially designed.

Q: Wu Changjiang, the ousted because you are trying to be NVC's core products transferred to BDO Runda, he stopped.

Wang Donglei: if I want to go to the transfer of assets to NVC Elec-Tech decision is not simply, but in him, the NVC board approval is not approved, he is just a CEO, the transfer of assets to the shareholders meeting, what he has the ability to stop? So this is not the reason.

Q: what is the real reason?

Wang Donglei: first of all, the company's three companies through the transfer of a large number of profits at the end of the sale, and the shareholders of these companies behind the fact that Wu Changjiang, by other people on behalf of the shares held by the company on the other hand, the company is not the only one of the shares of the three companies in the market. His younger brother, Wu Changyong, is a vice president in charge of the supply chain. He founded his own company, from suppliers to take the goods price to sell NVC. In addition, Wu Changjiang told us that in 2012 signed a 20 year NVC brand licensing, this is the most important asset of the company, the board of directors actually knew nothing.

Q: what did he tell you about it?

Wang Donglei: he is a hostage in the board of directors, that he wanted to control the most important assets, dismiss him if he can destroy NVC, can re a NVC, but it is illegal.

Q: when did you find out what he was going to do?

Wang Donglei: exactly three weeks ago, I found that the company's bottom line was broken. The company has set up an investigation committee, the relevant evidence will be handed over to the police. But it's not easy, because the company is basically in his hands, and he's been destroying evidence. Our investigation can only be done from the outside, almost can not get any information and documents.

Q: the company is facing a very passive situation?

Wang Donglei: the company is extremely passive, in fact, the last time we dispense with his two grade CEO company, you should replace the business license, he refused. But we believe that the law of fairness, we also believe that the government will maintain the majority shareholders and the interests of investors, will eventually help us to complete the legal takeover of nvc.

Q: what touched the company's final decision to dismiss him from CEO? When did it happen?

Wang Donglei: three weeks ago. He opened the general assembly set up a new stress related person Wu company, and want to use the NVC brand for 20 years, which has been a threat to the company's fundamental, will destroy the listed company, or listed company brand benefit segmentation. And, when several of our shareholders want to sell stock to other investors, he told investors said that NVC is controlled by him, he is not happy to let the value of listed companies to return to zero.

Q: once you have the evidence, will it be handed over to the police? Or is there room to talk to Wu Changjiang?

Wang Donglei: if there is conclusive evidence to the police, in fact, contrary to the obligations of directors of listed companies diligence. I don't allow myself to do that.

Q: since the stake, you never know he was suspected of illegal behavior?

Wang Donglei: once discovered, he promised me not to do related party transactions, but in fact, not only did not end the related party transactions, but also to promote new related party transactions