On the evening of August 9, Wang Donglei, the chairman of NVC Lighting (2222, HK), the chairman of Dehao Runda, was interviewed by the Economic Observer Network at InterContinental Beijing Financial Street, accompanied by Wang Donglei's assistant and bodyguard. Wang Donglei also served as the chairman of NVC Lighting.
"I have no personal grievances and no contradictions with Wu Changjiang. As he once said, I am his savior, pulling him back from the bankruptcy. He used more than a billion to save him in a week. On the lighting board, I used my voting rights to re-elect him to the board of directors, recommended as the CEO, and always supported him, but unfortunately, he once again collided with the bottom line of the listed company, the bottom line of the board, again and again suspected of passing different The trading of short-listed companies has made it impossible for me to do this, otherwise I will face legal sanctions. Therefore, in order to safeguard the interests of the majority shareholders of Dehao, and also to protect the interests of the majority of investors, we will do our listed company. The director’s diligent duty must dismiss him,†said Wang Donglei. Recently, he only slept for three hours a day, facing shareholders who had opposed Wu Changjiang.
Now, Wang Donglei said, "If NVC lighting does not clear Wu Changjiang, it will only have a life span of December to 24".
As of this website, Wu Changjiang’s mobile phone has been shut down.
Economic Observer Online: After the announcement of the removal of the CEO of Wu Changjiang last night, what happened to the physical conflicts between the two parties after the online board was sent out?
Wang Donglei: We opened a board meeting yesterday and dismissed Wu Changjiang. Except for his opposition, the rest were passed. After this meeting, I served as the new CEO. When I went to fulfill the new CEO's duties and asked him to hand over the business license, business materials and financial seal of the CEO, Wu Changjiang refused to hand over. During the handover process, the person responsible for my security and physical security had a physical collision. After cooperating with the police investigation, these people continued to return to their original jobs. I think that the outflow of live video is artificially designed.
Economic Observer: Wu Changjiang believes that the reason for the dismissal is that you tried to transfer the core products of NVC to Dehao Runda and he was stopped.
Wang Donglei: If I want to transfer NVC lighting assets to Dehao Runda, the decision is not based on him. It is because NVC’s board of directors does not approve it. He is only a CEO. The transfer of assets to the shareholders’ meeting is decided. Stop it? So this reason is not true at all.
Economic Observer Online: What is the real reason?
Wang Donglei: First of all, Wu Changjiang transferred a large amount of profits through the three companies in the sales side, and the shareholders behind these three companies are actually Wu Changjiang, who held shares through others. His younger brother Wu Changyong is the company's vice president, responsible for the supply chain. As a result, he set up his own company and sold the goods to the NVC lighting from the supplier. In addition, Wu Changjiang told us that in 2012, it signed a 20-year license for NVC Lighting, which is the company's most important asset, and the board of directors did not know.
Economic Observer Online: What is his purpose in telling you about this?
Wang Donglei: He is trying to slap the board of directors and wants to explain that he controls the most important assets. If he is removed, he can destroy NVC lighting and re-create a NVC lighting, but this is illegal.
Economic Observer Online: When did you discover his series of questions and what action would you take?
Wang Donglei: Accurately, three weeks ago, I found that the company’s bottom line was broken. The company has now set up a commission of inquiry and will pass relevant evidence to the police. But this is not easy, because the company is basically under his control, and he has been destroying evidence. Our investigations can only be done from the outside, and we can hardly get any information and documents from the company.
Economic Observer Online: The situation facing the company is very passive?
Wang Donglei: The company is extremely passive. In fact, the last time we removed the CEO of his secondary company, we should change the business license and refused. However, we believe in the fairness of the law and believe that our government will safeguard the interests of shareholders and the majority of investors, and will eventually assist us in completing the legal takeover of NVC.
Economic Observer Online: What triggered the company's final decision to remove his CEO? When did it happen?
Wang Donglei: Time is three weeks ago. He opened the conference to coerce the relevant people to set up a new Wu company, and to use NVC lighting for a 20-year brand, which has threatened the company's fundamentals, will destroy listed companies, or split the listed company's brand interests. Moreover, when several of our shareholders want to sell stocks to other investors, he told investors that NVC Lighting is controlled by him, and he is not happy to let the value of the listed company return to zero.
Economic Observer Online: Once you have the evidence, will it be handed over to the police? Or is there still room for discussion with Wu Changjiang?
Wang Donglei: If there is hard evidence to be handed over to the police, it is actually a breach of duty of the directors of listed companies. I don't allow myself to do this.
Economic Observer Online: Since the shareholding, you never knew that he was suspected of breaking the law?
Wang Donglei: I have found out that he has promised me that I will no longer do related party transactions, but in fact not only did not end the previous related party transactions, but also promoted new related party transactions, which was even more intensive than before, and obtained high profits from related party transactions.
Economic Observer Online: What is the purpose of his doing this?
Wang Donglei: In the past, we only guessed that there are many reports about his gambling in the newspaper, but now we have the evidence. He is not only gambling, but also a huge gamble. He personally owes 400 million gambling debts in Macao. From this level, He can no longer be the CEO of a listed company.
Economic Observer Online: Dehao Runda has been in the stock for so long, hasn't it sorted out the financial and related systems of NVC Lighting?
Wang Donglei: We are financially constrained, but Wu Changjiang's many things are done by bypassing finance, and a lot of it is through commercial means.
Economic Observer Online: After the shareholding, can you normally manage the NVC lighting?
Wang Donglei: Less than a year in stock, probably around June last year, I found that he didn't want me to intervene in the listed company. I only thought that he wanted to stay in the company and thought that if he could do Nike well, it would be no problem. The financial system is under the control of 阎焱.
Economic Observer Online: How long does it take for the company to come to an end?
Wang Donglei: It depends on whether Wu Changjiang is rational. At the government level, we are trying to communicate because it is a listed company in Hong Kong and has a very complicated legal problem.
Economic Observer Online: What do other shareholders think about this matter? How do you understand yourself?
Wang Donglei: They know Wu Changjiang earlier than me. If I don't support Wu, Wu can't do it in NVC one day. It is my voting rights that made him a CEO and a director. I feel very embarrassed now. The opinions of the board of directors are now consistent and all shareholders' opinions are consistent. When I knew that he had a huge amount of gambling debts, I was relieved. I knew the reason for the long-standing problem. Otherwise, I couldn’t understand why I didn’t know why he treated the company he had worked hard.
"I have no personal grievances and no contradictions with Wu Changjiang. As he once said, I am his savior, pulling him back from the bankruptcy. He used more than a billion to save him in a week. On the lighting board, I used my voting rights to re-elect him to the board of directors, recommended as the CEO, and always supported him, but unfortunately, he once again collided with the bottom line of the listed company, the bottom line of the board, again and again suspected of passing different The trading of short-listed companies has made it impossible for me to do this, otherwise I will face legal sanctions. Therefore, in order to safeguard the interests of the majority shareholders of Dehao, and also to protect the interests of the majority of investors, we will do our listed company. The director’s diligent duty must dismiss him,†said Wang Donglei. Recently, he only slept for three hours a day, facing shareholders who had opposed Wu Changjiang.
Now, Wang Donglei said, "If NVC lighting does not clear Wu Changjiang, it will only have a life span of December to 24".
As of this website, Wu Changjiang’s mobile phone has been shut down.
Economic Observer Online: After the announcement of the removal of the CEO of Wu Changjiang last night, what happened to the physical conflicts between the two parties after the online board was sent out?
Wang Donglei: We opened a board meeting yesterday and dismissed Wu Changjiang. Except for his opposition, the rest were passed. After this meeting, I served as the new CEO. When I went to fulfill the new CEO's duties and asked him to hand over the business license, business materials and financial seal of the CEO, Wu Changjiang refused to hand over. During the handover process, the person responsible for my security and physical security had a physical collision. After cooperating with the police investigation, these people continued to return to their original jobs. I think that the outflow of live video is artificially designed.
Economic Observer: Wu Changjiang believes that the reason for the dismissal is that you tried to transfer the core products of NVC to Dehao Runda and he was stopped.
Wang Donglei: If I want to transfer NVC lighting assets to Dehao Runda, the decision is not based on him. It is because NVC’s board of directors does not approve it. He is only a CEO. The transfer of assets to the shareholders’ meeting is decided. Stop it? So this reason is not true at all.
Economic Observer Online: What is the real reason?
Wang Donglei: First of all, Wu Changjiang transferred a large amount of profits through the three companies in the sales side, and the shareholders behind these three companies are actually Wu Changjiang, who held shares through others. His younger brother Wu Changyong is the company's vice president, responsible for the supply chain. As a result, he set up his own company and sold the goods to the NVC lighting from the supplier. In addition, Wu Changjiang told us that in 2012, it signed a 20-year license for NVC Lighting, which is the company's most important asset, and the board of directors did not know.
Economic Observer Online: What is his purpose in telling you about this?
Wang Donglei: He is trying to slap the board of directors and wants to explain that he controls the most important assets. If he is removed, he can destroy NVC lighting and re-create a NVC lighting, but this is illegal.
Economic Observer Online: When did you discover his series of questions and what action would you take?
Wang Donglei: Accurately, three weeks ago, I found that the company’s bottom line was broken. The company has now set up a commission of inquiry and will pass relevant evidence to the police. But this is not easy, because the company is basically under his control, and he has been destroying evidence. Our investigations can only be done from the outside, and we can hardly get any information and documents from the company.
Economic Observer Online: The situation facing the company is very passive?
Wang Donglei: The company is extremely passive. In fact, the last time we removed the CEO of his secondary company, we should change the business license and refused. However, we believe in the fairness of the law and believe that our government will safeguard the interests of shareholders and the majority of investors, and will eventually assist us in completing the legal takeover of NVC.
Economic Observer Online: What triggered the company's final decision to remove his CEO? When did it happen?
Wang Donglei: Time is three weeks ago. He opened the conference to coerce the relevant people to set up a new Wu company, and to use NVC lighting for a 20-year brand, which has threatened the company's fundamentals, will destroy listed companies, or split the listed company's brand interests. Moreover, when several of our shareholders want to sell stocks to other investors, he told investors that NVC Lighting is controlled by him, and he is not happy to let the value of the listed company return to zero.
Economic Observer Online: Once you have the evidence, will it be handed over to the police? Or is there still room for discussion with Wu Changjiang?
Wang Donglei: If there is hard evidence to be handed over to the police, it is actually a breach of duty of the directors of listed companies. I don't allow myself to do this.
Economic Observer Online: Since the shareholding, you never knew that he was suspected of breaking the law?
Wang Donglei: I have found out that he has promised me that I will no longer do related party transactions, but in fact not only did not end the previous related party transactions, but also promoted new related party transactions, which was even more intensive than before, and obtained high profits from related party transactions.
Economic Observer Online: What is the purpose of his doing this?
Wang Donglei: In the past, we only guessed that there are many reports about his gambling in the newspaper, but now we have the evidence. He is not only gambling, but also a huge gamble. He personally owes 400 million gambling debts in Macao. From this level, He can no longer be the CEO of a listed company.
Economic Observer Online: Dehao Runda has been in the stock for so long, hasn't it sorted out the financial and related systems of NVC Lighting?
Wang Donglei: We are financially constrained, but Wu Changjiang's many things are done by bypassing finance, and a lot of it is through commercial means.
Economic Observer Online: After the shareholding, can you normally manage the NVC lighting?
Wang Donglei: Less than a year in stock, probably around June last year, I found that he didn't want me to intervene in the listed company. I only thought that he wanted to stay in the company and thought that if he could do Nike well, it would be no problem. The financial system is under the control of 阎焱.
Economic Observer Online: How long does it take for the company to come to an end?
Wang Donglei: It depends on whether Wu Changjiang is rational. At the government level, we are trying to communicate because it is a listed company in Hong Kong and has a very complicated legal problem.
Economic Observer Online: What do other shareholders think about this matter? How do you understand yourself?
Wang Donglei: They know Wu Changjiang earlier than me. If I don't support Wu, Wu can't do it in NVC one day. It is my voting rights that made him a CEO and a director. I feel very embarrassed now. The opinions of the board of directors are now consistent and all shareholders' opinions are consistent. When I knew that he had a huge amount of gambling debts, I was relieved. I knew the reason for the long-standing problem. Otherwise, I couldn’t understand why I didn’t know why he treated the company he had worked hard.
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