Wang Dong-lei to win over Bacheng dealer support, Wu Changjiang Emergency Recovery Wanzhou factory pull chips <br> <br> Tomorrow is the day of decision NVC next general meeting of shareholders held, before the chips between Wu Changjiang and Wang Dong-lei battle is heating stage. On the 22nd, after Wu Changjiang publicly questioned Dehao Runda’s fake account through personal microblogging, Wang Donglei, who represents the chairman of the board of directors of NVC Lighting’s major shareholder, Dehao Runda, publicly stated at the temporary headquarters of Huizhou on August 23. It has been supported by 33 of the 37 provincial distributors of NVC Lighting. Among them, 29 dealers also faced the media for the Wang Donglei platform on the same day.
Seeing that his winning chips in repeated internal disputes were transferred to Wang Donglei, Wu Changjiang resumed the production of NVC Chongqing Wanzhou Base on August 25 and resumed the operation of NVC Chongqing headquarters. In this way, Wu Changjiang and Wang Donglei built a "NVC" in Wanzhou and Huizhou respectively, and the two sides entered a tug-of-war.
Wang Donglei holds the winning chips?
The value of NVC Lighting is mainly reflected in its channels and brands. According to the data of “2014 China's Top 500 Most Valuable Brandsâ€, NVC Lighting's brand value is the highest in the lighting field, growing from 2.518 billion yuan four years ago. Up to 10.743 billion yuan this year, the growth rate is as high as 326%. In terms of channel value, according to Wu Changjiang, the channel sales are over 8 billion yuan and the profit is at least 500 million yuan. The NRW Lighting listed company's annual revenue last year was only 3.774 billion yuan and net profit was 245 million yuan. It can be seen that channel sales are important for the future growth of NVC Lighting's listing.
Therefore, the struggle with Wang Donglei and the two sides also put their focus on the fight for core dealers. Wang Donglei has done a lot of related work in the dealer field before the removal of Wu Changjiang. From the current situation, Wang Donglei has done a remarkable job in these tasks.
It is understood that there are 37 provincial-level distributors of NVC Lighting. According to Wang Donglei, there are 33 supporters on the board of directors. On August 23, there were 29 companies that went to Huizhou for the Wang Donglei platform. They accounted for NVC. Sales volume is nearly 90%. Wang Donglei told the New Express reporter that “the heads of the operations centers of Nanjing, Shenzhen, Tianjin and Shanghai have entered the NVC Temporary Operations Management Committee. These core dealers will make decisions with the new management team of NVC.â€
NVC Lighting will hold a general meeting of shareholders in Hong Kong on August 29 to review the removal of the founder and former CEO Wu Changjiang as an executive director. The reason is to privately license the NVC for 20 years to related companies. With Wang Donglei receiving support from dealers, Wang Donglei is also full of confidence in the upcoming shareholders meeting. “All major shareholders will vote to remove his directors (jobs) without any suspense.â€
Convergence of interests allows dealers to "rebel "
In the first two battles of control, Wu Changjiang was able to successfully return to NVC, a large part of which promoted support from dealers everywhere, but this time the situation is different. Since the 8th NVC board of directors removed the position of CEO of Wu Changjiang on August 8, NVC was in a state of separation. The Chongqing headquarters and Chongqing Wanzhou base were all suspended. The production of Huizhou base was also affected by the shortage of materials supply. These actions have touched the interests of dealers.
Seeing that his winning chips in repeated internal disputes were transferred to Wang Donglei, Wu Changjiang resumed the production of NVC Chongqing Wanzhou Base on August 25 and resumed the operation of NVC Chongqing headquarters. In this way, Wu Changjiang and Wang Donglei built a "NVC" in Wanzhou and Huizhou respectively, and the two sides entered a tug-of-war.
Wang Donglei holds the winning chips?
The value of NVC Lighting is mainly reflected in its channels and brands. According to the data of “2014 China's Top 500 Most Valuable Brandsâ€, NVC Lighting's brand value is the highest in the lighting field, growing from 2.518 billion yuan four years ago. Up to 10.743 billion yuan this year, the growth rate is as high as 326%. In terms of channel value, according to Wu Changjiang, the channel sales are over 8 billion yuan and the profit is at least 500 million yuan. The NRW Lighting listed company's annual revenue last year was only 3.774 billion yuan and net profit was 245 million yuan. It can be seen that channel sales are important for the future growth of NVC Lighting's listing.
Therefore, the struggle with Wang Donglei and the two sides also put their focus on the fight for core dealers. Wang Donglei has done a lot of related work in the dealer field before the removal of Wu Changjiang. From the current situation, Wang Donglei has done a remarkable job in these tasks.
It is understood that there are 37 provincial-level distributors of NVC Lighting. According to Wang Donglei, there are 33 supporters on the board of directors. On August 23, there were 29 companies that went to Huizhou for the Wang Donglei platform. They accounted for NVC. Sales volume is nearly 90%. Wang Donglei told the New Express reporter that “the heads of the operations centers of Nanjing, Shenzhen, Tianjin and Shanghai have entered the NVC Temporary Operations Management Committee. These core dealers will make decisions with the new management team of NVC.â€
NVC Lighting will hold a general meeting of shareholders in Hong Kong on August 29 to review the removal of the founder and former CEO Wu Changjiang as an executive director. The reason is to privately license the NVC for 20 years to related companies. With Wang Donglei receiving support from dealers, Wang Donglei is also full of confidence in the upcoming shareholders meeting. “All major shareholders will vote to remove his directors (jobs) without any suspense.â€
Convergence of interests allows dealers to "rebel "
In the first two battles of control, Wu Changjiang was able to successfully return to NVC, a large part of which promoted support from dealers everywhere, but this time the situation is different. Since the 8th NVC board of directors removed the position of CEO of Wu Changjiang on August 8, NVC was in a state of separation. The Chongqing headquarters and Chongqing Wanzhou base were all suspended. The production of Huizhou base was also affected by the shortage of materials supply. These actions have touched the interests of dealers.
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