Media meeting: Wu Changjiang and his "Great NVC" dream

At 3 pm on the 11th, NVC Lighting Chongqing headquarters convened more than 20 media reporters to hold a media meeting at the NVC Optoelectronics Experience Hall in Chongqing. Senior executives such as Wu Changjiang, Wang Minghua, Mu Yu and Zhao Yi will attend the event in person. The press conference will begin immediately, and there are dozens of professional security teams on site, and security is tight.

[The NVC Lighting Chongqing Conference started to reduce the number of executives to 2] The NVC Lighting Media Meeting (Chongqing), originally scheduled for 3 pm today, officially started. Wu Changjiang and his lawyer representatives attended the meeting. The executive did not show up. Wu said that he had no choice but to meet with you. He was very heavy and what he had been worried about had happened.

Wu Changjiang: I don't want to expose "family ugliness" to let others laugh. NVC has become a teaching case, media and enterprises are more concerned, the greatest value is the lesson for entrepreneurs. Once or twice, I don't want to appear for the third time, but the more I don't want to appear, the faster I come.

Wu Changjiang talks about the introduction of Dehao: Many friends said that the introduction of Dehao is a wolf into the room. At that time, the introduction of Dehao was introduced by a friend, but I also optimistic about the opportunity of the industry. I inspected the factory and learned about the situation. Dehao made a technical content. Product, but it has no channels and brands, but NVC has this advantage. If you cooperate well, you will be able to achieve the top three in the world with the transformation of the LED industry.

Wu Changjiang talks about differences : NVC is mostly, and I myself have more influence than Dehao, but I would rather be a second shareholder, and the two will hit it off, but they also signed an agreement, the obligations, responsibilities and rights of both parties. The definition is clear. Later, it turned out that he did not follow this implementation, but I kept retreating and forbearing, I became a shareholder of DHL for so long, but the directors were not.

Wu Changjiang talked about Wang Donglei: He likes to go beyond power, and constantly manages beyond power, causing great dissatisfaction with our management. I once solemnly asked him to change this problem. In the cooperation, he constantly made violations, the management disagreed, and also buried resentment. Last year, Wang Donglei forced the transfer of light source products to Dehao. Director Mu Yu disagreed. He hated it and later dismissed him, but I strongly disagreed.

Wu Changjiang talks about cooperation: I saved him! Dehao has always had a poor financial situation. If there is no cooperation in 2012, a Dehao executive will tell me that if the cooperation does not cooperate, Dehao will collapse. We are trading shares, not because he is paying for it. Dehao wants to bring its expenses to NVC for reimbursement, tens of millions of millions, our management team does not agree, he is very resentful.

Wu Changjiang talks about contradictions: On July 14, the board of directors wanted to replace the directors and legal persons of the secondary company to trigger my bottom line. First, he did not discuss with me, directly sent internal notices, so that employees and dealers know. Second, he asked his classmate, a vice president of Dehao, to be the chairman and let me be the vice chairman. This is disgusting to me. This makes the whole company and dealers feel awkward.

Wu Changjiang's three choices: On the morning of July 17th, in the office of Wang Donglei, the two sides agreed on three choices: 1) The two sides, like the beginning, back-to-back, cooperate and make money together; 2) hand over NVC to Wang Donglei, affiliate company Take over, at least 10 billion; 3) Wu Changjiang finds money for the shares of NVC. Later, I negotiated with the dealers, and everyone is ready to scrap the money to buy back NVC, and consider the commitment to use Dehao chips.

Wu Changjiang's "Da Shishi": Wu Changjiang and many dealers have negotiated to integrate dealers into listed companies. The sales of channels are more than 8 billion, and the profit is at least 500 million. How to merge, our shares may account for more than half of the total, and our right to speak will be great. We will work together to make NVC a good job and become a big NVC.

If Dehao is not willing, he will propose to separate the channels and force Wang Donglei to accept the integration. Wang was very scared after hearing it.

Wu Changjiang talks about corporate governance: I have said before that if a shareholder is absolutely controlled, the company will grow bigger from a young age, and it will be extremely unfavorable to corporate governance over time. But later I understood that in the process of rapid development, a hero with the right to speak is needed. As everyone in my strategy understands, there will be no NVC today.

Wu Changjiang talks about the storm: I expected him to change my team, but I didn't expect it to be so fast. At noon on the 8th, Secretary-General Dong said that it is necessary to attend the board at 2:30, but did not inform the issue. On the board of directors, Wang Donglei proposed to dismiss, and I raised objections and reasons. The telephone board is being opened, and Wang Donglei began to fight with people. I told the directors at the meeting and hung up the phone.

A dozen people surrounded me and beat my assistant on the sofa. Wang Donglei demanded that the official seal be handed out immediately. I disagree. They are going to grab my bag and phone. I will definitely have an accident if I resist it. They also go to other offices to collect things. Later, the police came, and the lawyers from both sides came. Everyone sat down to negotiate. I suggested that this was not in line with the procedure.

I asked to talk for 10 minutes alone. I told him that it was too much to come out and it was too much. He said that there is no way. Later, the police took away a few people who had been beaten. Wang Donglei also took it away, but he made a transcript and left it at night. The thugs were released the next day.

Wu Changjiang talks about affiliated companies: The three affiliated companies are not interested in the transfer of goods. They are products that are not competing products through the authorized use of licensed brands. This is all public, and it is also promised to be put into the listed company. I signed this authorization at the time and there was no violation.

Wu Changjiang refers to the violation of Wang Donglei's related company: I also checked him. His affiliated company is the Guangdong operation center. The company controlled by Wang Donglei controls the Guangdong operation center. The transaction of 200 million yuan a year is illegal. Who is the company? Who is doing the related party transaction? Whoever is distorting the facts, everyone with a clear eye knows.

Wu Changjiang talked about the retreat of the board of directors: three times are the disputes over equity and the dispute over control. For the first time, there are classmates who are more friendly. The second time they used capital to make me lose a lot. The third time I used bloodshed. Way, one time is more dangerous than once.

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