NVC

[Source: "New Industry" August issue / reporter Wu Juping]

The NVC lighting (02222.HK), which lasted for nearly a month, continues, and the founder Wu Changjiang can return smoothly. There is still no conclusion.

The Chairman of NVC Lighting, who had promised to respond to the demands of dealers and employees on August 1, still had no position on August 1, and the reply period was postponed until August 10. Only after the 15-day employee strike ended, the NVC lighting factory began to resume production.

But no matter what the final result is, the high-level battle caused by NVC Lighting's “moving the capital” in Chongqing and the strikes of employees will undoubtedly leave an insurmountable “wound” for the future development of NVC.

"The impact of this guilt on NVC lighting has not been reversed, or it will make NVC lighting lose or go out in the future lighting market competition." The relevant person in charge of the China Lighting Association said to the "new industry."

Comprehensive strike

On July 13, NVC Lighting suspended trading on the Hong Kong Stock Exchange and suspended trading of shares. Until the journalist's deadline for publication, there was no resumption of trading in shares.

On July 13th, the reporter of "New Industry" saw in the NVC Industrial Park in Wuhu Town, Huizhou, Huizhou NVC Lighting Office Building was hung with banners such as "Wu will not come back, resolutely not return to work", all employees are in the workshop assembly line. On-the-job work stoppage. Three or four trucks that came to pick up the goods were forced to stop at the gate of the industrial park. The truck driver was told that he could only return empty. “The rapid decline in orders, the lack of factory start-ups and the lowering of employee salaries are the key reasons for employees’ strikes.” Zhang Meihong, the director of Huizhou NVC Lighting System Office, told the “New Industry” that in the short period of two months of Wu Changjiang’s departure, NVC Lighting The stock price fell nearly 30%, and its performance declined. In June, orders fell by nearly 60% year-on-year.

Zhang Meihong said that Zhang Kaipeng, the representative of the company's shareholder Schneider, became the CEO of NVC, and Zhang Xinyu and Li Rui from Schneider respectively took over the overseas and domestic sales of NVC. "But they did not understand it and denied the development strategy of NVC. ."

A worker at the NVC factory in Huizhou said that the factory production has started to decrease since the beginning of this year, and the factory has also started a weekly double-week system. In May and June, employees not only did not work overtime, but also had a rest period of ten days in a month. Employees only got a guaranteed salary every month.

“In the half month since the end of June, more than 70 employees have left the factory. However, as an old employee who has worked in NVC for five or six years, he is a bit unwilling to gamble and bet that Wu Changjiang will definitely return. The board of directors gave the employees an account," said the worker.

The rapid decline in performance has become an important reason for the strike of all employees of NVC.

On July 12 of the previous day, NVC lighting more than 80 middle management personnel and 36 operation center representatives in Chongqing to Yan Yan and Schneider "forced the palace", asked Wu Changjiang to return to NVC lighting. The atmosphere at the meeting was fierce, and the operators even released their words. If Wu Changjiang does not return, they will create another brand operation.

At the meeting on July 12, NVC Lighting representatives made four requests to the board of directors: First, Wu Changjiang was re-elected as chairman and executive director of the company; second, the board of directors appointed representatives of management and dealers as additional company The third is that the board of directors grants management personnel and core personnel options; fourth, some members of the existing management of NVC Lighting should be replaced.

In desperation, he was forced to promise a specific reply before August 1. However, NVC lighting middle managers were not satisfied with the results. Subsequently, on July 13, NVC Lighting went all out in all factories in Huizhou, Chongqing and Shanghai.

A series of events pushed the high-level battle of NVC lighting to the climax.

(unfinished)

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