Wu Changjiang arrest in April did not prosecute or due to the complexity of the detention delay

The arrest is four months, NVC CEO Wu Changjiang is still no news of the lawsuit, because the law for the relevant provisions of the detention period, the problem of overdue cases, there is any reason of concern. NVC chairman Wang Donglei today in an interactive platform for investor relations did not respond. A person close to the case said the case would delay the hearing.

Last August 8th, NVC announced the release of Wu Changjiang's chief executive officer. In August 29th, NVC held a provisional shareholders meeting in Hongkong, more than 95% of shareholders voted to remove Wu Changjiang's director and any committees of the board of directors duties. For violations of mortgage and other acts, Wu Changjiang was arrested in January 12, 2015.

According to China's criminal procedure law, public security organs in the investigation stage of criminal cases, the period from the beginning to calculate approved the arrest of 2 months, for difficult and complicated cases can apply for an extension, sent the case to the procuratorate for examination and prosecution, for a period of one month, but Procuratorate considers the case is not clear, can be returned for supplementary investigation, supplementary investigation for 1 months, if the case is complex, after approval can be extended.

A person close to the case said that due to the new evidence, the case is more complex, the case will further supplement the investigation.

In this case Wu Changjiang lawyer, Beijing BD lawyer Xiong Zhi told reporters that he is currently in the United States, have not received notice of the court hearing.

According to the report, NVC in recent three years, net profit of 545 million yuan, 8 million yuan, 282 million yuan, Wang Dong Lei said, NVC in 2014 by the audit report will be held on May 13th board of directors after the announcement, the latest learned from the point of view, NVC's business performance will not change greatly.

In addition, according to statistics, Wu Changjiang held 130 million shares of Elec-Tech by Guangdong province Zhuhai City Intermediate People's Court of Guangdong Province, Huizhou City Intermediate People's court, the Supreme People's Court of Chongqing has jurisdiction waiting to freeze, Elec-Tech secretaries Dunfee said, in this regard, NVC has launched a number of legal procedures.

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