Interpretation of NVC Lighting Capital Transformation

Since the return of NVC Lighting in September this year, Wu Changjiang has not yet returned to NVC Lighting's board of directors. NVC Lighting's equity struggle has continued to heat up since Wu Changjiang resigned in May, and news of Wu Changjiang’s investigation has been heard in the middle. Since then, Wu Changjiang, Sai Fu, and Schneider's "three-nation killings" have gradually evolved into a melee battle including dealers, suppliers, and production plants. What will happen between Wu Changjiang and NVC? There are rumors that the outside world is divided, but in the end only wait for Wu Changjiang's new moves.

The latest news about Wu Changjiang and NVC came from No. 26, Wu Changjiang signed NVC, a wholly-owned subsidiary of the British Virgin Islands, and BDO Runda Hong Kong subsidiary signed a share transfer agreement, the former at a price of 2.55 HKD/share. , The company held 333 million shares of NVC Lighting (11.81% stake in NVC Lighting) to the latter. The deal will be reached BDO Runda will become the largest shareholder of NVC Lighting.

Wu Changjiang "highly sells" NVC lighting, "low buy" BDO Runda, can transfer profits up to several hundred million yuan, this is exactly the way Bundesligda Runda, or its joint partner Wu Changjiang to win NVC lighting Practical control of the generous layout? For NVC who was founded by himself, where will Wu Changjiang go? I am afraid that he is also very tangled.

Disaster from within Xiao Qiang
It's easy to leave and it's hard to come back. This is a true portrayal of Wu Changjiang since May.

On May 25th, NVC Lighting suddenly issued an announcement: Wu Changjiang, who is near to the "Trust of Heaven," resigned from NVC Lighting's chairmanship and CEO position, and the second shareholder of Softbank Saifu, the chief partner, took over the chairmanship, and the CEO position consisted of three. Shareholder Schneider executive Zhang Kaipeng replaces.

Wu Changjiang said, “He called me to resign on the 20th, saying that it was to protect the company and protect shareholders. I asked the secretary to write a resignation report and only resigned as CEO; he asked me to resign from the board of directors on the 21st. I made a standard version of my job and asked me to sign a scan and send it back. At that time, he said, as long as you returned home, you still returned as chairman and CEO. I believe."

At that time, Wu Changjiang had a brave heart, a strong desire for control, and was convinced that he could influence the current situation.

When accepting the Softbank Saifu Capital Injection, someone reminded him whether this would lead the wolf into the room and lay hidden dangers. In this regard, Wu Changjiang said, "I am a person to do things. Investors including Goldman Sachs and Softbank Saifu like me very much. I highly praised me and I have to be NVC."

After Schneider became a shareholder, does the outside world discuss whether Schneider has a "conspiracy" to annex NVC? Wu Changjiang said that this is a false proposition, Schneider is clearly "Yangmou", "Schneider is nothing more than a channel to see N agent, everyone knows. But, I was the person who drove. Or Schneider, they are just people who ride."

Wu Changjiang is really confident, but who knows, he really was taken away? If he can know early, he may be careful and the outcome will be different.

徘徊 outside the board

Wu Changjiang has been working hard for the return.

NVC Lighting has apparently adapted to the management of Wu Changjiang. After he left his post, the situation has continued. NVC employees placed a “Schneider Get Out” banner at the door of the current CEO Zhang Kaipeng’s office, and wrote a “urgent book,” strongly demanding that Zhang Kaipeng leave NVC. Also treated by the same "treatment" is Li Rui, Vice President of NVC appointed by Schneider, and he was also surrounded by Nerve staff in the office.

The NVC plant has even entered a semi-cessation state. When talking with the person in charge of the hardware factory, an employee came over and asked, "Is my boss, no material, how is it?"

This is undoubtedly a fatal blow to NVC's normal operation. Imagine a mobile phone that can't ship even if it has one less screw. Under normal circumstances, NVC needs to find suppliers again. From the factory inspection to the selection and multiple tests, there is no two or three months to complete.

The supply chain is in a hurry, and NVC is in close proximity. NVC and Wu Changjiang are really inseparable from each other and Meng is not defocused. Until now, Wu Changjiang still lingered outside NVC and failed to return to NVC Lighting's board of directors.

Talking about returning to NVC, Wu Changjiang said, “I am not afraid even if I have only 5% of the shares! People all over the world know that only I can do NVC. Let the shareholders of NVC come to vote and decide if I will come back. , including small and medium shareholders. If the shareholders vote with their feet, do not let me come back. Then I will abide by the rules of the game and quit.”

Facts speak louder than words, Wu Changjiang said, but also done. NVC cannot leave Wu Changjiang and live alone. On August 24, Wu Changjiang reached an agreement with Sui and returned to NVC as Chairman of the Provisional Management Committee. At the end of November, Chief Executive Officer of NVC Lighting and Zhang Kaipeng, director of low-voltage terminal operations of Schneider's global supply chain, announced his resignation as CEO and temporary operating committee. The control over the control of NVC's shareholding structure, which is decentralized, has yet to close.