[Original] An open letter exposure of all NVCs to Saifu investors

The reporter obtained an "open letter from all NVC personnel to all investors of Saifu" from NVC's senior management office. The open letter stated that since May 25, 2012, it has been rated as the best Hong Kong stock by the Hong Kong Stock Exchange for two consecutive years. NVC lighting, which represents the company, has fallen into a state of eternal annihilation.

NVC executives said that the NVC people include NVC staff, suppliers and distributors. This is the voice of the whole.

The above open letter stated that as long as Wu Changjiang can return to NVC lighting, the interests of all investors in Safran will be guaranteed the most. However, whether Wu Changjiang can return or not, still has no reply.

The open letter insists that 阎焱 has always taken “towed words” for the appeals of nearly 100,000 employees from NVC staff, dealers and suppliers, and has tried every means to prevent Wu Changjiang from returning.

The open letter said that the reason for the open letter to Saifu investors is that investors can give pressure.

Attached to the full text of the letter:

An open letter from all NVC to all investors in Saifu
Dear Investment Partners: Hello! Before May 25, 2012, I believe that you have already gained huge profits from the NVC Lighting Investment Project. Here, I would like to express my heartfelt congratulations on your return on investment. However, since May 25, 2012, NVC Lighting, which has been rated as the best Hong Kong stock performance company by the Hong Kong Stock Exchange for two consecutive years, has fallen into ruin. And the manager of your fund, Mr. Qi, played a very disgraceful role in it.

First, on May 25, 阎焱 forced NVC lighting Wu Changjiang to leave, resulting in a sharp fall in NVC. I believe that you also suffered a great loss in the collapse of NVC's stock price. During this period, he cooperated with Schneider and controlled the internal management and channel management of NVC Lighting, which led to the stagnation of NVC Lighting's operation and the bleak performance, which led to the strike of NVC, and the company was on the verge of bankruptcy. Everyone knows that as long as Wu Changjiang can return to NVC lighting, your interests will be guaranteed the most. However, for the appeals of nearly 100,000 employees from NVC staff, dealers and suppliers, the company has been adopting “drag and word” and secretly tried to prevent Wu Changjiang from returning to NVC. This move is undoubtedly the interests of the 100,000 people in the NVC system and the investors including all the partners of Safran, so as to satisfy their own interests. This makes one have no doubt that whether or not it has been combined with Schneider, another big gainer, has private interests in private transactions.

Secondly, in 2006, when Lin and Lin Heping invested in NVC lighting at Softbank, they had asked for 1.5% of their options as their personal income. I don’t know if you already know about it, I don’t know if he has shared the proceeds with you. If you are not clear about this matter, what do you think about this self-serving behavior? As a manager of a private equity fund, it should be responsible for the standard operation of the fund and the management of the funds of the partners. However, it is reasonable to use the platform of the fund to seek private profits and to fill the pockets. This kind of behavior is also reasonable in the venture capital industry. ? Is it the "industry practice" claimed by 阎焱? I believe you will have a ruler to measure.

Third, on July 12, 阎焱 convened NVC lighting management and dealers to hold a board meeting, facing the demands from employees, dealers and suppliers, and promised to respond before August 1st. A signature confirmation was made on site. However, there was no response before August 1, and then the response time was extended to August 10. But until today, there is still no response. Although the reasons for the change have been beautified and even crowned, there is only one purpose: that is, it can drag and drop, and do everything possible to prevent Wu Changjiang from returning. In this process, the essence of the change is exposed. "People are doing, the sky is watching", and the erratic changes have made a big question mark on the integrity of investors.

In the VC industry, it is well known that as an investor, the most important thing is to talk about integrity, how to work with the founders, help companies to enter a healthy track, achieve capital appreciation, and achieve a win-win situation with partners, but not too heavy Lie is smoky, and the layman manages the insider. NVC lighting infighting, including the founder of the company that has a cooperative relationship with the competition, and the business owners who are looking forward to the investment of the company, are watching the issue of the dishonesty of the investors exposed by NVC Lighting, which is a warning to everyone. Lights, the future awareness of the game against Saifu and Yi, and even other investors will undoubtedly strengthen to avoid the situation similar to NVC - after all, for entrepreneurs, enterprises are their children, no one May the child be taken away or killed. The image destruction of Chinese investors will begin with the shackles.


Today, the reason why we give you such an open letter is that we hope that we can clearly understand the nature of embarrassment and the bad nature of defamation. I hope that everyone can give pressure and can not let go of their arrogance and personal gain. The behavior of the private sac. You have to hand over the funds on your hand to such a morally corrupted, full-fledged manager to take care of you. Are you relieved? Are you not afraid that the image of Chinese investors will be destroyed by the hands of the shackles? Are you letting go of this way to destroy NVC, a quality company that can bring you rich profits?

All NVC

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