NVC Lighting Huizhou Temporary Headquarters Building on the fourth floor of the conference outdoor display rack, also placed the company's founder Wu Changjiang's various honor medals, including the lighting industry. The meeting room was filled with smog and dull atmosphere. Wang Donglei sat with the heads of more than 30 NVC operations centers across the country to listen to a recording of Wu Changjiang's speech. The operators’ faces were somewhat uneasy, some were frowning, and some were smoking.
After losing confidence in the reigning of the NVC lighting (02222.HK, hereinafter referred to as "NVC"), NVC founder and former CEO Wu Changjiang started the stove again, skipping the operation center of NVC, and want to directly contact the country two or three hundred A NVC secondary dealer teamed up to create a platform for O2O (online and offline integration) through crowdfunding.
This directly threatens the interests of more than 30 NVC operations centers supported by him, and will shake the foundation of the channels in which NVC will survive. In order to curb the unfavorable situation, NVC Chairman and Interim CEO Wang Donglei convened the heads of more than 30 operations centers of NVC throughout the country yesterday afternoon to gather in Huizhou to discuss countermeasures.
“Wu Changjiang did this in order to make money and gamble debts.†Wang Donglei said at the meeting that Wu Changjiang had already credited bankruptcy at the level of NVC provincial operators, but there was a halo at the level of secondary dealers, so “ Be sure to break Wu’s reputation in the secondary dealership.†O2O is a good model, but "we must first stabilize operators and dealers, seek reform and development in stability, or nothing else."
NVC Lighting said that on October 22, the Huizhou Public Security Bureau had filed a case investigation on Wu Changjiang and others for alleged misappropriation of funds, and issued a “Notice of Filing a Case†to NVC Lighting.
It is understood that NVC Lighting and Dehao Runda are all scheduled to resume trading before November 8. Before the resumption of trading, the contest between Wang and Wu is still in progress.
Wang Donglei refers to Wu Changjiang’s purpose is to “suck moneyâ€
At about 3:30 pm yesterday, the heads of more than 30 NVC operations centers from all over the country heard the recordings of Wu Changjiang’s speech by Wang Donglei in the conference room on the fourth floor of the NVC Temporary Headquarters Building.
In the recording, Wu Changjiang vividly portrayed the new blueprint. He said that 1,000 stores next year, 3000 to 5,000 stores in three years, strive to set up a store in each county in China, the county-level market unified price, unified distribution in each province, and hope to achieve flat channels.
Wu Changjiang wants to cross the first-class operators of NVC and establish a new O2O platform directly with the NVC secondary dealers. "We can integrate products such as Op, Sanxiong, Sunshine, Philips, etc., and sell them on our unified platform, and hope to be the first in the industry." In the recording, Wu Changjiang said that the Internet has brought a lot of imagination to the business model reform. .
“Our O2O e-commerce platform is positioned in the field of building materials and is built around the lamps.†In the recording, Wu Changjiang said, “So we set up a company and use crowdfunding mode to raise funds for everyone. Employees and dealers will raise funds first, first 10 Billion, 800 million, dealers each with a maximum of 2 million to 3 million yuan." He went on to say that next year will introduce capital, the new company plans to go public three years later, "we will be a well-known enterprise in the lighting industry", " In the future, we will have a market value of 10 billion and more than 100 billion."
I heard from the recording that Wu Changjiang “throws the hydrangea†to the dealer. Each store dealers account for 40% to 49% of the shares, and the new company accounts for 51% to 60% of the shares. In addition, dealers also have shares in the new company. "Everyone makes a fortune together," Wu Changjiang said. "What is missing now is the construction of an e-commerce platform. It is not a Tmall, Jingdong, 58 city, and is its own platform."
After listening to the recording, facing the major operators, Wang Donglei said: "Old Wu is a smart person, O2O is very hot, he is doing things as a real thing. He can't be free for a few more days. Why did he still do this? Two weeks Before, the boss of Macau took people to Chongqing to find him (referring to Wu Changjiang). (Wu Changjiang) will pay 10 million to 20 million yuan per month (interest on gambling debts). It is impossible to suck money from you. Two or three hundred A dealer, each with 2 million to 3 million yuan, is one billion. One can pay back, and the second is to make more trouble."
Wang Xiaobo, head of the NVC Jiangsu Operations Center, told reporters that Wu Changjiang’s recording was a recording of a speech in the WeChat group of the NVC dealers’ class last Sunday afternoon. This WeChat group has more than 200 people. In the afternoon, Wu Changjiang and the group's dealers opened a WeChat meeting.
“The dealer is tempted and curious. However, he (referring to Wu Changjiang) this promotion model does not matter what he does. If he uses the WeChat platform of the president’s class of NVC dealers, do the destruction of mine. The first thing is that it is difficult and difficult to engage in. Secondly, after the emergency meeting of the company held by NVC, our operator will communicate with the dealers around the country to prevent developments," said Wang Xiaobo.
Wang Xiaobo expects that the NVC dealers affected by Wu Changjiang should not exceed 10%. However, some NVC operators are worried that social dealers outside the NVC system will support Wu Changjiang.
Yesterday, 36 NVC operators collectively signed Wu Changjiang’s “Condemnation Statementâ€. Due to concerns that some dealers followed Wu Changjiang, the 36 NVC operators also collectively signed the "Declaration of Debt Declaration". According to the statement, Wu Changjiang, former president of NVC, has borrowed a large amount of money from operators for various reasons and methods.
“General Wu was once a great man in the lighting industry. But let the dealers know how much Wu has spent on our operators. Otherwise, whether we can win a big victory in this battle will be uncertain. Sex," said Hua Yong, head of the NVC Shanghai Operations Center.
NVC Wu Changjiang transition pressure <br> <br> about the alleged misappropriation of funds is on file for public security organs concerned, an insider told reporters NVC, NVC Wu Changjiang by using cash collateral way, for his wife, The bank loan of the father-in-law of the father-in-law was guaranteed. These shell companies did not return the relevant loans on time. The cash of 170 million yuan that NVC mortgaged to the bank has been taken away by the bank. In addition, NVC’s deposit of 400 million yuan in three bank accounts in Chongqing has disappeared.
"We have just received (NVC) Chongqing headquarters and are in the process of checking relevant information to the relevant banks. The relevant banks are not well equipped, we can find relevant information within one week." The above NVC insiders said.
At the same time that NVC took legal measures against Wu Changjiang’s alleged misappropriation of funds, Wu Changjiang also issued a letter of indictment through lawyers, accusing Wang Donglei of invading Zhanrun Runda for 100 million yuan, suspected of fictitious performance.
In this regard, Wang Donglei told reporters that he would not comment. "I owe him (Wu Changjiang) more than 10 million yuan because he still has more than 2 million (NVC) stocks not given to me." Wang Donglei also said that once the relevant investment projects are completed, Dehao Runda will be the largest in China. Outdoor media companies will build more than 1,200 LED screens at gas stations across the country.
In fact, even if Wu Changjiang did not set up a stove and wanted to dig the dealers of Angles to build an O2O platform, NVC’s existing large-scale physical store system also faced serious challenges from e-commerce. Li Guanmin, the head of the NVC Yunnan Operations Center, called for NVC to use the system of 3,000 stores nationwide as soon as possible to form a unified O2O platform.
As a new trader of NVC, Wang Donglei said that he hopes to move from 'combat mode' to 'development mode' as soon as possible."
“Business model reform is a challenge for NVC.†Wang Donglei told reporters that he has studied the online and offline integration model of ARGOS, the largest retailer in the UK. “O2O combined with the current status of NVC, I wrote 28 pages during the Spring Festival, ( Explain) how to deal with this challenge."
He turned his head and said: "Wu Changjiang's incident (referring to the excavation dealer), let us push back, first stabilize and reform. Besides, it is Lao Wu, this thing can not be pushed, must be under the leadership of the board of directors, input A lot of resources can't be hidden under the table."
Wang Donglei said: "Wu Changjiang is a NVC e-commerce company, and also accounts for 51% of the shares of the e-commerce company, grabbing our business. If NVC e-commerce companies follow this road, 3,000 stores will be gone for two years." Lighting needs to have The last mile, combined with installation and design, can be used for O2O. "The company has comprehensive considerations and will systematically advance in due course. There will be a whole set of plans in November. NVC will get back to the e-commerce platform as soon as possible."
Yesterday, Dehao Runda announced that the three quarterly results were not good. Wang Donglei admits that “the third quarterly report is at the lower limit of our forecastâ€, mainly because the sales of the lighting products of Dehao Runda in NVC channel this year are only half of the forecast; the packaging of LED packaging products of Dehao Runda is also subject to NVC. The impact of the storm. However, LED chips and small appliances business exceeded expectations. "With a focus on the future, NVC and Dehao will play a better synergy, and we hope to give NVC and Dehao Runda's shareholders a more than expected performance next year."
At present, NVC Chongqing Wanzhou base is still under the control of Wu Changjiang, which has affected NVC's supply chain and is out of stock. Wang Xiaobo said, "At present (NVC) shipments are not very smooth", mainly because there are not many types of products in Wanzhou base, but the output is very large, such as lamp panels and brackets. Now the goods in Wanzhou base can only be found in the OEM of the foundry. Because it is only a temporary transition, the foundry will not increase the equipment and expand the production capacity for the company, so many engineering projects are out of stock.
Therefore, 36 NVC operators also signed a collective signature yesterday, calling on the Chongqing Municipal Government to assist NVC in taking over the Wanzhou base as soon as possible.
On the case of being investigated by the Huizhou Public Security Bureau, the reporter called Wu Changjiang to verify the case yesterday, but Wu Changjiang’s mobile phone was in a state of downtime, and the relevant people around him did not answer the phone.
After losing confidence in the reigning of the NVC lighting (02222.HK, hereinafter referred to as "NVC"), NVC founder and former CEO Wu Changjiang started the stove again, skipping the operation center of NVC, and want to directly contact the country two or three hundred A NVC secondary dealer teamed up to create a platform for O2O (online and offline integration) through crowdfunding.
This directly threatens the interests of more than 30 NVC operations centers supported by him, and will shake the foundation of the channels in which NVC will survive. In order to curb the unfavorable situation, NVC Chairman and Interim CEO Wang Donglei convened the heads of more than 30 operations centers of NVC throughout the country yesterday afternoon to gather in Huizhou to discuss countermeasures.
“Wu Changjiang did this in order to make money and gamble debts.†Wang Donglei said at the meeting that Wu Changjiang had already credited bankruptcy at the level of NVC provincial operators, but there was a halo at the level of secondary dealers, so “ Be sure to break Wu’s reputation in the secondary dealership.†O2O is a good model, but "we must first stabilize operators and dealers, seek reform and development in stability, or nothing else."
NVC Lighting said that on October 22, the Huizhou Public Security Bureau had filed a case investigation on Wu Changjiang and others for alleged misappropriation of funds, and issued a “Notice of Filing a Case†to NVC Lighting.
It is understood that NVC Lighting and Dehao Runda are all scheduled to resume trading before November 8. Before the resumption of trading, the contest between Wang and Wu is still in progress.
Wang Donglei refers to Wu Changjiang’s purpose is to “suck moneyâ€
At about 3:30 pm yesterday, the heads of more than 30 NVC operations centers from all over the country heard the recordings of Wu Changjiang’s speech by Wang Donglei in the conference room on the fourth floor of the NVC Temporary Headquarters Building.
In the recording, Wu Changjiang vividly portrayed the new blueprint. He said that 1,000 stores next year, 3000 to 5,000 stores in three years, strive to set up a store in each county in China, the county-level market unified price, unified distribution in each province, and hope to achieve flat channels.
Wu Changjiang wants to cross the first-class operators of NVC and establish a new O2O platform directly with the NVC secondary dealers. "We can integrate products such as Op, Sanxiong, Sunshine, Philips, etc., and sell them on our unified platform, and hope to be the first in the industry." In the recording, Wu Changjiang said that the Internet has brought a lot of imagination to the business model reform. .
“Our O2O e-commerce platform is positioned in the field of building materials and is built around the lamps.†In the recording, Wu Changjiang said, “So we set up a company and use crowdfunding mode to raise funds for everyone. Employees and dealers will raise funds first, first 10 Billion, 800 million, dealers each with a maximum of 2 million to 3 million yuan." He went on to say that next year will introduce capital, the new company plans to go public three years later, "we will be a well-known enterprise in the lighting industry", " In the future, we will have a market value of 10 billion and more than 100 billion."
I heard from the recording that Wu Changjiang “throws the hydrangea†to the dealer. Each store dealers account for 40% to 49% of the shares, and the new company accounts for 51% to 60% of the shares. In addition, dealers also have shares in the new company. "Everyone makes a fortune together," Wu Changjiang said. "What is missing now is the construction of an e-commerce platform. It is not a Tmall, Jingdong, 58 city, and is its own platform."
After listening to the recording, facing the major operators, Wang Donglei said: "Old Wu is a smart person, O2O is very hot, he is doing things as a real thing. He can't be free for a few more days. Why did he still do this? Two weeks Before, the boss of Macau took people to Chongqing to find him (referring to Wu Changjiang). (Wu Changjiang) will pay 10 million to 20 million yuan per month (interest on gambling debts). It is impossible to suck money from you. Two or three hundred A dealer, each with 2 million to 3 million yuan, is one billion. One can pay back, and the second is to make more trouble."
Wang Xiaobo, head of the NVC Jiangsu Operations Center, told reporters that Wu Changjiang’s recording was a recording of a speech in the WeChat group of the NVC dealers’ class last Sunday afternoon. This WeChat group has more than 200 people. In the afternoon, Wu Changjiang and the group's dealers opened a WeChat meeting.
“The dealer is tempted and curious. However, he (referring to Wu Changjiang) this promotion model does not matter what he does. If he uses the WeChat platform of the president’s class of NVC dealers, do the destruction of mine. The first thing is that it is difficult and difficult to engage in. Secondly, after the emergency meeting of the company held by NVC, our operator will communicate with the dealers around the country to prevent developments," said Wang Xiaobo.
Wang Xiaobo expects that the NVC dealers affected by Wu Changjiang should not exceed 10%. However, some NVC operators are worried that social dealers outside the NVC system will support Wu Changjiang.
Yesterday, 36 NVC operators collectively signed Wu Changjiang’s “Condemnation Statementâ€. Due to concerns that some dealers followed Wu Changjiang, the 36 NVC operators also collectively signed the "Declaration of Debt Declaration". According to the statement, Wu Changjiang, former president of NVC, has borrowed a large amount of money from operators for various reasons and methods.
“General Wu was once a great man in the lighting industry. But let the dealers know how much Wu has spent on our operators. Otherwise, whether we can win a big victory in this battle will be uncertain. Sex," said Hua Yong, head of the NVC Shanghai Operations Center.
NVC Wu Changjiang transition pressure <br> <br> about the alleged misappropriation of funds is on file for public security organs concerned, an insider told reporters NVC, NVC Wu Changjiang by using cash collateral way, for his wife, The bank loan of the father-in-law of the father-in-law was guaranteed. These shell companies did not return the relevant loans on time. The cash of 170 million yuan that NVC mortgaged to the bank has been taken away by the bank. In addition, NVC’s deposit of 400 million yuan in three bank accounts in Chongqing has disappeared.
"We have just received (NVC) Chongqing headquarters and are in the process of checking relevant information to the relevant banks. The relevant banks are not well equipped, we can find relevant information within one week." The above NVC insiders said.
At the same time that NVC took legal measures against Wu Changjiang’s alleged misappropriation of funds, Wu Changjiang also issued a letter of indictment through lawyers, accusing Wang Donglei of invading Zhanrun Runda for 100 million yuan, suspected of fictitious performance.
In this regard, Wang Donglei told reporters that he would not comment. "I owe him (Wu Changjiang) more than 10 million yuan because he still has more than 2 million (NVC) stocks not given to me." Wang Donglei also said that once the relevant investment projects are completed, Dehao Runda will be the largest in China. Outdoor media companies will build more than 1,200 LED screens at gas stations across the country.
In fact, even if Wu Changjiang did not set up a stove and wanted to dig the dealers of Angles to build an O2O platform, NVC’s existing large-scale physical store system also faced serious challenges from e-commerce. Li Guanmin, the head of the NVC Yunnan Operations Center, called for NVC to use the system of 3,000 stores nationwide as soon as possible to form a unified O2O platform.
As a new trader of NVC, Wang Donglei said that he hopes to move from 'combat mode' to 'development mode' as soon as possible."
“Business model reform is a challenge for NVC.†Wang Donglei told reporters that he has studied the online and offline integration model of ARGOS, the largest retailer in the UK. “O2O combined with the current status of NVC, I wrote 28 pages during the Spring Festival, ( Explain) how to deal with this challenge."
He turned his head and said: "Wu Changjiang's incident (referring to the excavation dealer), let us push back, first stabilize and reform. Besides, it is Lao Wu, this thing can not be pushed, must be under the leadership of the board of directors, input A lot of resources can't be hidden under the table."
Wang Donglei said: "Wu Changjiang is a NVC e-commerce company, and also accounts for 51% of the shares of the e-commerce company, grabbing our business. If NVC e-commerce companies follow this road, 3,000 stores will be gone for two years." Lighting needs to have The last mile, combined with installation and design, can be used for O2O. "The company has comprehensive considerations and will systematically advance in due course. There will be a whole set of plans in November. NVC will get back to the e-commerce platform as soon as possible."
Yesterday, Dehao Runda announced that the three quarterly results were not good. Wang Donglei admits that “the third quarterly report is at the lower limit of our forecastâ€, mainly because the sales of the lighting products of Dehao Runda in NVC channel this year are only half of the forecast; the packaging of LED packaging products of Dehao Runda is also subject to NVC. The impact of the storm. However, LED chips and small appliances business exceeded expectations. "With a focus on the future, NVC and Dehao will play a better synergy, and we hope to give NVC and Dehao Runda's shareholders a more than expected performance next year."
At present, NVC Chongqing Wanzhou base is still under the control of Wu Changjiang, which has affected NVC's supply chain and is out of stock. Wang Xiaobo said, "At present (NVC) shipments are not very smooth", mainly because there are not many types of products in Wanzhou base, but the output is very large, such as lamp panels and brackets. Now the goods in Wanzhou base can only be found in the OEM of the foundry. Because it is only a temporary transition, the foundry will not increase the equipment and expand the production capacity for the company, so many engineering projects are out of stock.
Therefore, 36 NVC operators also signed a collective signature yesterday, calling on the Chongqing Municipal Government to assist NVC in taking over the Wanzhou base as soon as possible.
On the case of being investigated by the Huizhou Public Security Bureau, the reporter called Wu Changjiang to verify the case yesterday, but Wu Changjiang’s mobile phone was in a state of downtime, and the relevant people around him did not answer the phone.
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