[Source: "High-tech LED-lighting market" August issue Qiu Zuling]
Event playback:
NVC Lighting is a lighting product supplier with production bases in Guangdong, Chongqing, Shanghai, Zhejiang and other places, 36 operation centers nationwide, 2 R&D centers and more than 2,000 brand stores. Since its establishment in 1998, it has been leading the domestic commercial lighting field. However, on May 25th, after Wu Changjiang’s resignation as the chairman of NVC Lighting’s announcement came out, the calm daily operation suddenly set off an uproar.
On the evening of July 12, NVC Lighting's Chongqing headquarters staff and some dealers met at the Le Méridien Wanda in Chongqing Nan'an District and decided to stop working at the headquarters of Sheraton Chongqing Hotel.
On July 13, NVC Lighting Factory held a mobilization meeting to request a strike. Wu Changjiang did not return to the NVC factory and did not return to work. Following the meeting of NVC Lighting employees, distributors, suppliers and board members, NVC Lighting Chongqing Headquarters and Chongqing Wanzhou Production Base, Huizhou Headquarters and Factory went on a full-scale strike, and 36 operation centers stopped purchasing. As of the 13th, after a month of brewing and fermenting NVC lighting, only the founder's resignation incident has evolved into a major strike and strike event in factories across the country.
On July 15, Wu Changjiang, Yan (current chairman, the second largest shareholder of Saifu Investment Fund) and Zhu Hai (Chendeer China CEO) have conducted "candid" talks, Wu Changjiang and Yu Zhi The relationship has been somewhat relaxed.
On July 18th, the staff of NVC in the top-down support of Wu Changjiang against Schneider, with Wu Changjiang's great victory ended. In just a few months, the plot is ups and downs, comparable to the real version of the commercial war "up and down." So what is the attitude of lighting peers for the NVC lighting incident? What speculations did they give during the ending of the NVC lighting incident?
NVC is injured by the investors
As the saying goes: "Poor people must have hateful places." Wu Changjiang’s resignation, I don’t think it’s too much fun. Wu Changjiang’s resignation speculation should be voluntary. In order to avoid the investigation, NVC’s high-level resignation is not the first case. As early as 2005, Wu Changjiang had disagreement with two other entrepreneurial shareholders. Wu Changjiang, who was once out of the game, finally regained control by the support of the dealers. The other two shareholders took the money and left.
This incident of NVC lighting venture capitalists and entrepreneurs staged "Palace". This situation is unwilling to see. I think it is still worthwhile. The victims of the struggle are still investors. When the stocks of NVC Lighting fell, the investors would be miserable. Previously, NVC Lighting issued an announcement on the Hong Kong Stock Exchange to suspend trading of shares and to issue a stock price sensitivity announcement. Before the suspension, the company's share price was HK$1.41, down about 50% from the beginning of the year, and the market value was about HK$4.45 billion.
　 ——Zheng Zhimin, General Manager of Sichuan Rongfu Lighting Engineering Co., Ltd.
Entrepreneur: Losing your own business means losing everything
It is hard to say about the resignation of the founder of NVC Lighting. There are too many factors in it. The surface phenomenon has been very transparent, but the real situation is more complicated.
Regarding Wu Changjiang's resignation is voluntary or forced, I think there must be a forced component here. NVC was founded by Wu Changjiang. According to common sense, it is impossible for him to give up control. It’s unrealistic to lay down the country and let it go. For an entrepreneur, losing one's own business means losing everything. Life doesn't have so much time and energy to give him another chance to come back. This incident can be imagined against Wu Changjiang.
This turmoil is not too much trouble for Wu Changjiang. Because Wu Changjiang has a strong backing, the reality is like this.
——Zhu Jijun, Sichuan Yijia Lighting Manager
Event playback:
NVC Lighting is a lighting product supplier with production bases in Guangdong, Chongqing, Shanghai, Zhejiang and other places, 36 operation centers nationwide, 2 R&D centers and more than 2,000 brand stores. Since its establishment in 1998, it has been leading the domestic commercial lighting field. However, on May 25th, after Wu Changjiang’s resignation as the chairman of NVC Lighting’s announcement came out, the calm daily operation suddenly set off an uproar.
On the evening of July 12, NVC Lighting's Chongqing headquarters staff and some dealers met at the Le Méridien Wanda in Chongqing Nan'an District and decided to stop working at the headquarters of Sheraton Chongqing Hotel.
On July 13, NVC Lighting Factory held a mobilization meeting to request a strike. Wu Changjiang did not return to the NVC factory and did not return to work. Following the meeting of NVC Lighting employees, distributors, suppliers and board members, NVC Lighting Chongqing Headquarters and Chongqing Wanzhou Production Base, Huizhou Headquarters and Factory went on a full-scale strike, and 36 operation centers stopped purchasing. As of the 13th, after a month of brewing and fermenting NVC lighting, only the founder's resignation incident has evolved into a major strike and strike event in factories across the country.
On July 15, Wu Changjiang, Yan (current chairman, the second largest shareholder of Saifu Investment Fund) and Zhu Hai (Chendeer China CEO) have conducted "candid" talks, Wu Changjiang and Yu Zhi The relationship has been somewhat relaxed.
On July 18th, the staff of NVC in the top-down support of Wu Changjiang against Schneider, with Wu Changjiang's great victory ended. In just a few months, the plot is ups and downs, comparable to the real version of the commercial war "up and down." So what is the attitude of lighting peers for the NVC lighting incident? What speculations did they give during the ending of the NVC lighting incident?
NVC is injured by the investors
As the saying goes: "Poor people must have hateful places." Wu Changjiang’s resignation, I don’t think it’s too much fun. Wu Changjiang’s resignation speculation should be voluntary. In order to avoid the investigation, NVC’s high-level resignation is not the first case. As early as 2005, Wu Changjiang had disagreement with two other entrepreneurial shareholders. Wu Changjiang, who was once out of the game, finally regained control by the support of the dealers. The other two shareholders took the money and left.
This incident of NVC lighting venture capitalists and entrepreneurs staged "Palace". This situation is unwilling to see. I think it is still worthwhile. The victims of the struggle are still investors. When the stocks of NVC Lighting fell, the investors would be miserable. Previously, NVC Lighting issued an announcement on the Hong Kong Stock Exchange to suspend trading of shares and to issue a stock price sensitivity announcement. Before the suspension, the company's share price was HK$1.41, down about 50% from the beginning of the year, and the market value was about HK$4.45 billion.
　 ——Zheng Zhimin, General Manager of Sichuan Rongfu Lighting Engineering Co., Ltd.
Entrepreneur: Losing your own business means losing everything
It is hard to say about the resignation of the founder of NVC Lighting. There are too many factors in it. The surface phenomenon has been very transparent, but the real situation is more complicated.
Regarding Wu Changjiang's resignation is voluntary or forced, I think there must be a forced component here. NVC was founded by Wu Changjiang. According to common sense, it is impossible for him to give up control. It’s unrealistic to lay down the country and let it go. For an entrepreneur, losing one's own business means losing everything. Life doesn't have so much time and energy to give him another chance to come back. This incident can be imagined against Wu Changjiang.
This turmoil is not too much trouble for Wu Changjiang. Because Wu Changjiang has a strong backing, the reality is like this.
——Zhu Jijun, Sichuan Yijia Lighting Manager
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