Negotiations have no effect, Wu Changjiang has re-applied or regained the NVC lighting

After a day of negotiations on July 12, NVC Lighting's internal company meetings and dealer meetings have not yet had a clear result.

The contradiction between NVC lighting distributors and employees and the employer representatives Saifu and Schneider further intensified. NVC Lighting employees said they will start working on July 13th until the board of directors gives a reply. The appeals of employees and dealers mainly include reorganizing the board of directors, allowing Wu Changjiang to return as soon as possible and let Schneider withdraw from NVC, hoping to win more employee options.

It is understood that after the closed meeting of NVC lighting dealers, employees and the board of directors, dealers, suppliers and management submitted a petition to the board of directors and submitted a petition to the government.

The founding partner of Safran and the current chairman of NVC will promise to reply before August 1.

Wei Xiao's Weibo "Counter Strike"

From the early morning of yesterday (July 12), NVC lighting founder Wu Changjiang sent five messages on Weibo, using multiple exclamation points to express his injustice.

At the same time, NVC lighting dealers, Wu Changjiang old department began to force the palace to the capital representative. Yesterday morning, NVC Lighting held the company's internal meeting and dealer meeting, the staff was on condition of suspension, asked Wu Changjiang to return, Schneider withdrew.

From the outside world, he accused Wu Changjiang of being the trigger of this incident in a public interview. In the interview, he proposed that if Wu Changjiang wants to return, he must meet three conditions: first, he must explain the investigated incidents with shareholders and the board of directors; second, handle the associations that are not allowed under the supervision rules of all listed companies. Trading; third, strict compliance with board resolutions.

In an interview, he also said that it is very important to hope that Wu Changjiang will do things according to the rules. Subsequently, he reprinted this interview report on his own certification Weibo and added his own comments. In his commentary, he said that the reason why Chinese private enterprises do not do much is closely related to the institutionalization and transparent management of enterprises. He also alluded to that Wu Changjiang was only a "grass hero", and he could learn to mature and self-discipline after learning this lesson.

This seems to have completely angered Wu Changjiang. Beginning in the early morning of July 12, Wu Changjiang began a counterattack on Weibo. "There were many media reports in these two days reprinting the three conditions that Mr. Yu allowed me to return to NVC. In fact, everyone with a discerning eye knows that he is criticizing. I attacked me. The first said that I had concealed the truth from the board of directors; the second said that I had improper connected transactions; the third said that I did not respect the board of directors. "These three crimes are big enough, but I will never accept it!" Wu Changjiang Write this in the microblog.

The reporter noticed that this was another update after he sent a microblog about "forbearance" on July 7. On the 7th, Weibo wrote: "A master told him: 'I can't bear it, I can't do it; I can't help but suffer hardships. I'm suffering."

Wu Changjiang said in Weibo that it is not appropriate to agree that too many people who do not understand the industry and have no experience can enter the board of directors. The reporter noticed that in the appeals of employees and dealers yesterday, there was also this article: the foreign leader could not be allowed to act.

It can be seen that Wu Changjiang feels aggrieved. He said that he strongly opposed him to see the media. As a result, he went to see the media himself. "I also wrote Weibo that devalues ​​Chinese entrepreneurs. If I don't say a few words, Everyone will never know the truth of the incident."

The war is on fire. Unsurprisingly, early yesterday morning, NVC lighting dealers and employees began negotiations with capital parties such as Chongqing. Someone shouted "Either let Wu Zong (Wu Changjiang) come back, or receive the goods!"

Why did the capitalists like Wu Changjiang have a heart? Zhang Xiaofei, dean of the High-tech LED Research Institute, said in an interview with the "Daily Economic News" that the Wu Changjiang family has a large number of related transactions with NVC Lighting or the main reason. In the view of other shareholders, Wu Changjiang is equal to making money inside and outside. , harming their interests.

Earlier in the report, it was pointed out that NVC Lighting was deeply imprinted by the Wu Changjiang family, and the related transactions were frequent. The company owned by Wu Changjiang’s father-in-law and mother-in-law has been renting the trademark of NVC Lighting and using the sales channels of NVC Lighting. .

Industry observer Peng Xiongjiang told reporters that when the two sides can't talk about each other and there is a fundamental interest or a positional conflict, it is inevitable to move toward a break. As the founder of Wu Changjiang, letting him leave the NVC lighting he founded, it is emotionally difficult to give up, and Wu himself is currently the largest single shareholder of NVC Lighting, with the support of the entire NVC lighting system. "From the perspective of Schneider, to fully control NVC lighting, kicking Wu Changjiang out is the most crucial step."

After 7 years, why do you re-apply?

In fact, employees and dealers put pressure on management to push Wu Changjiang back to a precedent.

At the end of 2005, Wu Changjiang served as the general manager of NVC Lighting, preparing to establish an operation center in each province to strengthen the management of dealers, but this proposal was unanimously opposed by two other entrepreneurial partners who were high school students. The final contradiction was irreconcilable, and Wu Changjiang left the company angrily.

However, after only a week or so, many dealers of NVC Lighting could not sit still. They gathered at Huizhou, the headquarters of NVC Lighting, and asked Wu Changjiang to return to become the general manager. Under this pressure, the other two partners finally retired.

Seven years later, similar things seem to start repeating again. Some analysts believe that perhaps the successful experience of 7 years ago, let NVC lighting employees and dealers once again adopted this "power grab" approach.

Peng Xiongjiang said that from the current development of the incident, the staff of Wu Changjiang should be a bottom-up self-issuance. Peng Xiongjiang said that in addition to personal emotional factors, employees generally have a concern about the future prospects of the company. That is, after Schneider reorganized the board of directors, the pattern of such laymanship is likely to cause NVC lighting to begin to decline and ruin the future of the company.

However, the cause and effect of all things, it is also the departure of the two entrepreneurial partners at the end of 2005, only to bury hidden dangers for today's events. It is understood that the conditions for the two entrepreneurs to leave at that time were that NVC Lighting had to pay 80 million yuan to them. Wu Changjiang needs to pay 50 million yuan per person for a month, and a total of 100 million yuan of funds, and the rest will be paid within six months. At that time, the sales scale of NVC Lighting was more than 1 billion yuan. After the completion of hundreds of millions of funds, the company’s funds were only a few hundred thousand yuan, and the capital chain was about to break.

In order to raise money, Wu Changjiang rushed around, and finally, under the combination of a middleman, Wu Changjiang received a $22 million investment from Softbank Saifu in August 2006.

Today, the capital side such as Softbank Saifu has become one of the biggest resistances for Wu Changjiang to return to the company. Zhang Xiaofei analyzed that it is not a wise choice to force the capital representative to submit in this way. As a major shareholder, Wu Changjiang can convene an extraordinary general meeting of shareholders to decide to stay by voting, rather than in such an extreme way.

"No matter who, especially the listed companies in Hong Kong, the two sides must play according to the rules of the game. You are all shareholders and blame each other on the Internet. It is a kind of harm to NVC's brand. Any grasshopper behavior will not be good. The role model, because those private entrepreneurs hit the world after the fight, I always think that the world is what I hit, this should be my life, I do not think so, the company is the company, especially listed companies." Zhang Xiaofei said .

Peng Xiongjiang speculated that from the current state of affairs analysis, the future development trend of this event will probably be similar to the original "Gome" dispute. The two sides are constantly compromising and balancing interests in the process of dispute. The event may end up being Wu Changjiang. Shishi Lighting, with foreign capital represented by Schneider and Saifu, withdrew from management.

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