Losing hundreds of millions but will continue to increase its holdings, Wu Changjiang said that he will not give up NVC

On June 26th, Wu Changjiang, former chairman of NVC Lighting, accepted a face-to-face interview with Tencent Finance in Hong Kong. He also said that he had resigned from the company and went to Hong Kong because he had increased his personal losses by hundreds of millions, but he would not give up NVC. He also revealed that funds are being mobilized to cover the position and continue to maintain the status of the largest shareholder.

Wu Changjiang said that he had arrived in Hong Kong after resigning at the end of May, and now his wife and daughter are also around. "Because the former consultants have done business in the business, they did assist in the investigation." He said that he really felt tired recently and wanted to give himself a vacation. However, he is still difficult to give up on NVC lighting. After resigning, he has been increasing his shareholding in the company and maintaining his position as a major shareholder.

In March of this year, Wu Changjiang went to the UK to inspect the subsidiary. At that time, it was difficult to hide his feelings with his friend WeChat. He said that he did not think about resigning at the time.

Speaking of the British subsidiary, Wu Changjiang looked proud. It is reported that NVC Lighting's British subsidiary was initially invested by Wu Changjiang, and was later incorporated into the listed company. The company only returned Wu Changjiang's principal after four years. It can be seen that Wu Changjiang's selfless creation of NVC lighting.

"Our overseas company intends to build according to the British company." Wu Changjiang did not finish the following, because he has already resigned as the chairman of NVC Lighting, the company's business strategy can not speak.

Regarding the company's investigation announcement, Wu Changjiang said that he had passed the telephone with the company's lawyer, and his own person was in Hong Kong, only to assist the former consultants to investigate.

Two major shareholder camp confrontation
As for the outside rumors that Schneider teamed up with Safran Asia to force the palace, Wu Changjiang said, "I have not found it, and I have not seen it. It has a good communication with Schneider Zhuhai and more exchanges."

However, a NVC lighting dealer who asked not to be named said, "Schneider has taken a fancy to NVC and wants to merge with NVC. This is very obvious. Schneider wants to develop downstream industries and develop lighting. Schneider has also invested in it before. However, without success, NVC is doing very well. In China, it is the boss, selling dozens of billions. After he ate, he could be consolidated."

Although Wu Changjiang has passed the subtle relationship with shareholders, the current NVC lighting shareholder game should not be underestimated. According to informed sources, Schneider, the third largest shareholder, and Safran Asia, the second largest shareholder, joined forces to replace Wu Changjiang’s vice president of sales and master the channels. Wu Changjiang refused.

PCBA/TP/ACC

ESEN Optoelectronics Technology Co., Ltd, , https://www.esenlcd.com