However, the change of the first major shareholder of NVC and Wu Changjiang himself from the entrepreneur to the professional manager, his return can not only bring the changes that NVC has expected, channel sharing is more likely to force NVC dead end.
“After last year’s management turmoil, NVC’s entire supply, channel, and employee systems have been seriously hurt. Rebuilding confidence takes time.†Industry insiders said that for NVC Lighting, Wu Changjiang returned to the board of directors. It has long been irrelevant, because with the acquisition of Dehao Runda as the largest shareholder, Wu Changjiang is no longer the core decision maker, and its claims may not be realized.
At the end of May last year, Wu Changjiang, founder and former chairman of NVC Lighting, suddenly announced that he had resigned from the company and its subsidiaries for personal reasons. The partner of Safran Asia, the partner, took over as chairman. Since then, the company has exposed a lot of negative news, and the contradiction between Wu Changjiang and investors Saifu and Schneider has become increasingly fierce.
In December last year, Wu Changjiang adopted the strategy of “retreating for progress†and united Wang Donglei, chairman of Dehao Runda, hoping to “link the king against the enemyâ€. He transferred 11.81% of his equity to Dehao Runda, making the latter's shareholding 20%, becoming the largest shareholder of NVC, and Wang Donglei also publicly stated that he would support Wu Changjiang to return to NVC shareholders. Meeting and management.
In January of this year, NVC Lighting held a board meeting and operator meeting, re-appointed Wu Changjiang as the CEO, and Wu Changjiang's return to the board of directors seems to be on the agenda. In April, he resigned as NVC in all positions, and the chairmanship was replaced by Wang Donglei.
In early June, NVC issued an announcement stating that the company received a written notice from a shareholder and intended to elect Wu Changjiang as an executive director, officially facilitating the return of Wu Changjiang to the board of directors today. The outside world believes that this recommendation is also dominated by Wang Donglei.
“Although Wu Changjiang returned to the board of directors, Wu Changjiang at this time is different from the previous one. He has not been able to represent NVC lighting as before. His role has changed from a founder to a similar professional manager.†According to industry experts, In addition to the right to speak has been deviated from Dehao Runda, Wu Changjiang himself is different from the previous entrepreneurs: not only the director of NVC Lighting, but also the second largest shareholder of Dehao Runda, the virtual economy and capital operation is Wu The focus of the Yangtze River is now. From this point of view, it seems that no one can fairly represent the interests of NVC Lighting. Wu Changjiang is more like a professional manager.
Not only that, the channel sharing promoted by Dehao Runda - the sale of its own LED light source products through the NVC channel, is also seen by the industry as NVC lighting in the "leading wolf into the room." It is understood that the light source products belong to the core business of NVC, accounting for 37% of the revenue in 2012, so that the two sides will constitute a direct competitive relationship.
Although Dehao Runda has repeatedly stressed that NVC lighting products are mainly high-end, and Dehao Runda products are low-end, the two sides have little influence, but in the eyes of the industry, because in the field of LED lighting, NVC lighting is only one Recruits, and Dehao Runda has many years of experience, so that the rapid transformation of NVC lighting LED conversion will be an unknown.
(This article is reproduced on the Internet. The texts and opinions expressed in this article have not been confirmed by this site, nor do they represent the position of Gaogong LED. Readers need to verify the relevant content by themselves.)
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