Last week, some media wrote that Wu Changjiang was involved in an investigation because of alleged involvement in a case in Chongqing. Tan Ying explained that the company issued an external notice only a week after the rumors appeared because the management had previously contacted the former chairman and CEO Wu Changjiang. Wu denied all rumors during the call, so the group did not To make any immediate action, but with developments and media reports, the company decided to issue an announcement to investigate.
However, NVC Lighting's announcement not only denied Wu Changjiang's investigation, but also said that the company's board of directors is aware of some recent media reports about the reports of the former chairman and CEO Wu Changjiang involving Chinese government agencies. "If the rumors are true, it will have a negative impact on the company. Therefore, the company will investigate the rumors and possible impact on the company. If necessary, the company will publish the latest news in accordance with the requirements of the Listing Rules."
At present, Wu Changjiang is still the largest shareholder of NVC, with a shareholding of 19.19%. SAIF Asia and Schneider Electric hold 18.48% and 9.21% respectively. Although Wu Changjiang stressed his confidence in the development of NVC Lighting's business, he will continue to increase his holdings of NVC and maintain his position as the largest shareholder of NVC. However, due to his sudden departure, Schneider has begun to take control of NVC.
First, Zhang Kaipeng from Schneider Electric was appointed as the CEO of NVC. A few days later, NVC announced the appointment of Li Rui, director of the Schneider Asia-Pacific Lighting Control Division, as the strategic operations system and chief operating officer of the overseas sales system. In addition, NVC has also established a crisis management team headed by NVC Director and Schneider China President Zhu Hai.
According to informed sources, Zhu Hai and Zhang Kaipeng said in several internal meetings that NVC is a person-management company with unsatisfactory business processes and management. They hope to turn NVC into a rule of law company. "Schneider's investment in NVC is not a simple equity investment, but is intended to completely control NVC." The above-mentioned insiders said that Schneider's control path is very clear, first to carry out equity acquisition, obtain sales channels, then control the company, the acquisition is completed. After the replacement of executives, divesting business that is not related to its main business, and ultimately holding NVC, the development of the Schneider brand, the original brand of "Snow".
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