Suffering from the supplier's "blocking"

Wu Changjiang’s return to Reese has been unresolved for a long time. On the 12th, the reporter learned from the authorities that in recent days, the Supplier Management Department and the Purchasing Department of NVC Purchasing Management Center have successively received business correspondence letters from some core suppliers. The suppliers are not willing to take risks again with NVC. Continue to cooperate and demand the immediate cessation of the supply of NVC-related cooperation products, and immediately compensate for all losses and immediately resolve all the inventory they have prepared for NVC. Some NVC executives also plan to submit a resignation application to the company this week. Despite this, NVC’s current chairman and the second largest shareholder of the company’s chief partner, Saifu Investment Fund, has not yet relented. “Everything is subject to the announcement” and the shareholders of NVC are in a “dead”.

"I will apply for resignation in the next few days. With such an attitude, there is no way to continue cooperation." On the 12th, a NVC executive revealed. He pointed out that he is not alone in his resignation. "There will be a number of executives resigning in the following week, including an independent director."

The executive revealed that NVC had lost a large number of skilled workers and technical backbones before the resignation of this wave of executives. "Everyone has a very big opinion on you!"

In the business contact letter sent by nearly 20 suppliers to NVC on the 12th, NVC's suppliers also generally put forward three requirements such as “stopping supply, clearing payment, and solving inventory”.

NVC executives said that the procurement center has communicated with suppliers on a case-by-case basis, hoping that they will give the NVC board more time. However, “the suppliers of each letter have a firm attitude and threatened to contact more suppliers to act.” The procurement center has been unable to solve the problem and hopes that the board will come up with a solution.

The board did not make a substantive response
In a telephone interview, the reporter pointed out that "all the announcements of the Stock Exchange, before that, I will not make any statement to the media." He also refused to disclose when NVC issued an announcement on the Stock Exchange.

The board of directors of NVC originally promised to respond to NVC staff, suppliers and distributors on August 1st, "Whether Wu Changjiang returns, Schneider management whether to leave" and other important appeals, but ended in silence with a deadline of August 10 . Even on August 10, he did not respond. He denied the above-mentioned time node, saying that the last reply period on August 10 was the dealer's request, and he did not agree. When to reply, it is necessary to see the progress of the process at the HKEx, and the announcement will be issued after the notification by the Hong Kong Stock Exchange.

阎焱 earlier proposed that Wu Changjiang wants to return to NVC lighting, and needs to meet three conditions: it must explain the investigated incidents with shareholders and the board of directors; handle the related transactions that are not allowed under the supervision rules of all listed companies; must strictly abide by the resolutions of the board of directors .

Wu Changjiang and Yu relationship deteriorate again
However, from the recent statement, it has diluted the above three conditions, "must be done according to the requirements of listed companies, strictly enforce the resolution of the board of directors" became its unified response to Wu Changjiang's return.阎焱 资 资 代表 代表 代表 代表 代表 代表 代表 代表 代表 代表 代表 代表 代表 代表 代表 代表 代表 代表 代表 代表 代表 代表 代表 代表 代表 代表 代表 代表 代表 代表 代表 代表 代表 代表 代表 代表 代表 代表 代表 代表 代表 代表 代表 代表 代表 代表 代表 代表 代表 代表 代表 代表There is no such morale.

Judging from Wu Changjiang’s speech on Weibo last week, the relationship between him and his sister has deteriorated again. In response to the rumors, “most of the entrepreneurs lack experience; most of the investors are experienced... the definition of success is more related to personal reputation; the investor cares more about the rise and fall of the company”, Wu Changjiang retorted on Weibo Dao, "It’s not a hero to judge people with their own longest acquaintances. Even if entrepreneurs are in the early stage of their business, they are for personal benefit. But those who insist on the road to entrepreneurship for five years and eight years are worthy of respect..."

The two sides also shouted around the "grass hero", and he said unceremoniously, "I believe that Wu (Yangtze River) will learn the lesson and complete the transformation from a grasshopper hero to a mature, self-disciplined modern enterprise manager." Wu Changjiang This also countered. "Some people say that I am a grasshopper. I have been thinking about it: because I am only a bachelor degree, maybe a master's degree is not a grasshopper..."

Some sources told reporters that according to the current situation, Wu Changjiang's return to NVC "has become very embarrassing", but is still making final efforts.

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