阎焱: Wu Changjiang returns to NVC to meet 3 conditions

Time has passed in the past month, but Wu Changjiang’s resignation has not been over. On the morning of July 10, he expressed his feelings on his Sina Weibo: "Why is China's private enterprises not doing much, and it has a great relationship with the institutionalization and transparent management of the company. The development of Lei's in recent years has been smooth. The experience of the second time should be the pain of growth. After the storm, NVC should be more mature and more competitive. I believe that Wu (Yangtze River) will always learn the lesson and complete the modern enterprise manager who is mature and self-disciplined by the grasshopper hero. The change. We are all looking forward to and firmly believe."

Wu Changjiang is "resigned"
Last week, Wu Changjiang told the media that he "does not want to disembark (depart from the company), but was forced to disembark." Subsequently, the media disclosed an anonymous e-mail, pointing to the successor chairman and fund shareholder representative, saying that it deliberately forced the founder shareholders to go up and became a "bad precedent" in the investment community.

However, he explained that Wu Changjiang’s acceptance of the relevant departments to assist in the investigation was very unexpected for him and other board members. Given that Wu Changjiang may stay overseas for an unpredictable period of time, he could not perform the company’s chairman and president in China. The responsibilities of the company cannot predict the consequences of the investigated incident. According to the relevant rules of listed companies in Hong Kong, the lawyer suggested that Wu Changjiang should immediately quit all positions. Therefore, Wu Changjiang signed a resignation document overseas on May 25 and proposed to resign from NVC Lighting. The company made an immediate announcement.

Returning to NVC to meet three conditions
Nicknamed NVC Lighting Board did not "close the door" to Wu Changjiang, he can return, as long as three conditions are met:

First, the shareholders and the board of directors must explain the incidents investigated;
Second, deal with all related party transactions that are not allowed under the supervision rules of listed companies;
Third, the board resolution must be strictly observed.

At the same time, he explained that the general meeting of shareholders on June 19 did not pass Wu Changjiang’s younger brother Wu Changyong’s proposal to the board of directors because Wu Changjiang did not make a nomination within the time limit set by the Hong Kong Stock Exchange. "We agree that his brother will enter the board of directors. He is a major shareholder who can nominate." It is understood that NVC Lighting has a total of nine seats. After Wu resigns, he can nominate candidates.

The new president has nothing to do with Schneider
Regarding Schneider’s related role in the incident, he said that before the resignation, the board of directors had decided that Wu Changjiang would only serve as the chairman of the company, and that the president would hire professional managers from the market. He said that Zhang Kaipeng, the president who is now on the verge of death, met in the recruitment interview of the president, and he scored the highest among the candidates. Zhang Kaipeng was the director of low-voltage terminal operation in Schneider China before joining NVC Lighting, but now Zhang Kaipeng has nothing to do with Schneider.

Outdoor Light Reflector

Outdoor Light Reflector,Aluminum Outdoor Light Reflector,Outdoor Metal Light Reflector,Outdoor Street Lighting Reflector

Yangzhou Huadong Can Illuminations Mould Manufactory Co., Ltd. , https://www.light-reflectors.com