NVC lighting re-turbulence Wu Changjiang was dismissed CEO

On the evening of August 8, NVC Lighting issued an announcement calling for the removal of the company's CEO and executive director Wu Changjiang. This is the second time that NVC lighting founder Wu Changjiang left the company.

NVC Lighting said in the announcement that the company was recently informed of some of Wu Changjiang’s misconduct. According to the announcement, Wu Changjiang, in the absence of knowledge of most board members, represented Huizhou NVC Optoelectronics Technology Co., Ltd., a subsidiary of the company in 2012, and Shandong NVC Lighting Development Co., Ltd. and Chongqing Enweixi Baoye Co., Ltd. Zhongshan Shengdi Aisi Lighting Co., Ltd. signed a license agreement to grant the above three companies the right to use the NVC brand for a period of 20 years.

NVC Lighting stated that the above agreement has not been approved or authorized by the board of directors.

Also dismissed from Wu Changjiang were the three vice presidents of NVC Lighting, Wu Changyong, Mu Yu and Wang Minghua. Wu Changyong is Wu Changjiang's younger brother, and Mu Yu is also considered to be Wu Liangjiang's right-hand man.

In 1998, Wu Changjiang founded NVC Lighting. In 2010, NVC Lighting was listed on the Hong Kong Stock Exchange. On May 25, 2012, Wu Changjiang resigned from the company's position as chairman, executive director and chief executive officer of NVC, for personal reasons. In June 2013, Wu Changjiang returned to NVC Lighting as an executive director.

In the announcement, NVC Lighting appointed Wang Donglei as CEO and also appointed Xiao Yu and Xiong Jie as executive directors.

Attached: NVC lighting this announcement screenshot



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