NVC changing situation Wu Changjiang battles Yan Yan.doc

 PAGE \* MERGEFORMAT 7 NVC changing situation Wu Changjiang battles Yan Yan Relative to BDO Runda, whether SAIF Yan Yan’s Asia, Schneider Electric, are strategic investors are apparently not too much into a single corporate control over contention. Our reporter Xu intended strong Morning met with Andrew Y. Yan, and we had a good talk, affirmed BDO strategic cooperation, Yan the total expressed full support of my work, I also indicated that they would make every effort to NVC made a world-class company, return all shareholders. “ On the afternoon of January 6, the founder of NVC (02222.HK) Wu Changjiang initial public response since last week, the outside world to sell stock to go a double-edged sword strokes of good chess retreat cash leave abandoned NVC Lighting into Baotuan BDO Runda to Yan Yan increase pressure to regain control of the company the right to speak as the representative of NVC Lighting investors chips “questioned. However, << China Enterprise News >> reporter saw the public opinion did not guess the true motives of this move for Wu Changjiang cease. Directed more say, “Wu Changjiang do authorities battles Yan Yan, remodeling Chinese lighting industry status of a brother. “ Sale NVC shady At the end of 2012, Wu Changjiang suddenly shot, the NVC Lighting BDO Runda simultaneously in Hong Kong and Shenzhen announced: the latter transferee former founder shares held by the largest shareholder of the former, the former founder The latter is the second largest controlling shareholder, and into the Board of Directors of the Company in October 2012, the previous NVC-related processes for the of Wu Changjiang regression Board of Directors of the Company has commenced. Affect the company’s actual business “to avoid the original battle occurred damage the confidence of the company employees, loss of market share this ‘Jifeidanda’ status, both the original settlement just a short-term interests of compromise, Old Wu and Yan Yan ar