Schneider withdrew from NVC Lighting's management

On the evening of July 18th, there was news that after continuous communication, Zhu Hai, non-executive director of NVC Lighting and president of Schneider China, expressed the hope that Wu Changjiang will return to let Nexa return to normal operation. NVC current CEO Zhang Kaipeng also indicated that he is willing to leave to quell the shutdown. The current chairman of NVC Lighting Co., Ltd. declined to comment on the matter.

“I have not received any news on this issue and I will not comment on it.” Shi Yongjun, a spokesman for NVC Lighting, stated that the employees of the NVC base in Reise are still in shutdown. NVC Lighting’s headquarter in Chongqing said, “You can look at the micro-blog spontaneously opened by NVC employees. The name of Weibo is 'Support NVC', which is the latest state of NVC's shutdown.” And the Weibo ID is “ Netizens who supported NVC once broadcast live content on Nerase’s closed-door conference on July 12th. They have since been publishing microblogging about the shutdown incident. The outside world speculated that it should be a middle-level person in NVC lighting.

Schneider exit?

Although it is widely reported on the Internet that "Schneider is willing to withdraw from NVC management", it is reported that at present, NVC lighting executives do not have clear news that Schneider will withdraw. According to industry insiders, this may be a smoke bomb placed on Schneider's side. It is intended to reduce the outside world's concern and to strive for more time. The source also analyzed that Schneider's withdrawal from NVC is not as simple as it has more than 9% of shares in NVC. Withdrawal involves all aspects and the process is complicated.

“I also saw this news on the Internet. The staff did not receive an official notice.” NVC said: “We don’t have anything in writing right now. We have written things to tell you that we are all on vacation in the afternoon. ."

Two weeks ago, Zhu Hai, Wu Changjiang, Zhang Kaipeng and nearly 50 underwriters of NVC Lighting held a closed-door meeting at a hotel in Macau to discuss the return of Wu Changjiang. It is reported that Zhu Hai emphasized three main points in this meeting: First, Schneider did not plan to interfere in controlling NVC lighting. Zhang Kaipeng entered NVC after leaving Schneider, and was interviewed by NVC's board of directors. There was no connection with Schneider. Direct contact; Second, Schneider is always a strategic investor in NVC lighting, only NVC business performance is good, Schneider may be profitable; Third, Schneider also believes that "the founder is the soul of the enterprise," support Wu Changjiang return.

People in NVC's affiliated companies said that in his view, if Schneider left the management, NVC employees should return to work quickly because their wishes have already been reached. According to the informed sources, He expressed support for the contents of this closed-door conference and had reached consensus with Zhu Hai on the matter of bringing about mutual reconciliation. Schneider has not responded to public skepticism in the "infighting" storm of NVC lighting.

The Nissui Lighting Company's employees in Huizhou's base-risk government began a continuous shutdown from July 13th, which has caused the crisis in the production base in Huizhou, Guangdong. It is understood that the reason for the suspension of work is not just to ask Wu Changjiang to return to that simple, but it also reveals that the grassroots employees are dissatisfied with the current decline in orders and declining treatment status.

Zhang Meihong, head of the NVC Lighting System Office, admits that the workers’ treatment is not as good as they once were, but there is no way to survive. "There are not many orders now, which is a 60% drop in June compared to the same period last year," she said. In Zhang Meihong's view, it is Schneider's reason that caused NASA's gloomy situation today. "Those people in Schneider don't understand management. They are very confusing. When Master Wu was there, there was no such thing."

However, the decline in the performance of NVC Lighting did not occur suddenly after Wu Changjiang resigned. Wu Changjiang resigned in May of this year. Since March, NVC's performance has shown signs of sluggish growth. According to NVC Lighting's performance in recent years, in the year of 2010 when the company was listed, the operating income growth rate was 54.3%, but by 2011, the growth rate had dropped to 24.9%. The public data shows that in the first half of this year, NVC Lighting's profit has dropped by 50%.