Wu Changjiang returns to China to respond to the resignation of NVC workers

On August 9th, there was only one day left before the deadline for 阎焱 promise to respond to NVC lighting dealers’ demands. Insiders at NVC Lighting said that Wu Changjiang has returned from London. According to the report, NVC lighting Huizhou, Wanzhou factory has a large number of workers resigned, the factory is currently facing serious under-employment.

Wu Changjiang returns to China to respond to the dealer's new brand operation soon

Recently, it was reported that Wu Changjiang, former chairman of NVC, went to London to watch the Olympics in London, and the Yorris employees ate together. In this regard, a senior insider of NVC Lighting told Sina Finance today that Wu Changjiang has returned from London.

As we all know, August 10 is the deadline for NVC's current chairman to promise to respond to dealers and employees' demands. Wu Changjiang returned to China when he was near, apparently to wait for the final statement of Schneider and Schneider.

According to media reports, NVC Lighting distributors are scheduled to hold an LED lighting supply and demand conference in Shenzhen on August 10, selecting suitable manufacturing companies for their new brand OEMs. The move was seen as continuing to pressure Shihe and Schneider.

The top executive said that he did not know about the matter and stressed that Wu Changjiang has always been "not supporting or disapproving" for dealers to establish a separate portal. In fact, since the NVC lighting storm, there have been reports that Wu Changjiang has lost about 80 million Hong Kong dollars due to the decline in the share price of NVC, but the top executives said that Wu Changjiang’s losses are far more than that, and the dealers’ separate portals will inevitably He caused greater economic losses.

However, the senior executive also said that the NVC dealers have pre-registered the new brand in the industrial and commercial sector and can use TM marked products for production and sales. If August 10th can't meet the dealer's request for Wu Changjiang's return, then the dealer will start the operation of the new brand.

It is reported that 36 primary dealers of NVC Lighting control all sales channels of NVC Lighting, including more than 3,000 specialty stores and tens of thousands of outlets. Dealers have registered new trademarks and new companies in Chongqing on July 23, and plan to operate new brands based on NVC's existing products, channels and teams.

NVC lighting workers 掀 "resignation tide" factory under-employment

The executives revealed that since the strike ended, employees at NVC's factories have been losing. On July 27th, the first day of the resumption of work by NVC, 69 people from Huizhou's 2,000-year-old factory submitted their resignation reports, and the number of (resignation) is still increasing.

It is reported that although the factories in various places have resumed work, NVC Lighting is facing a problem of under-employment. On the one hand, the loss of workers and the reduction of manpower; on the one hand, suppliers are not stocking, and it is difficult to supply sufficient materials in the short term. At present, some factories are working overtime to pay their orders, and dealers can only rely on inter-inventory stocks to maintain normal sales.

As NVC lighting continues to be unclear, other well-known lighting companies have begun to take the opportunity to “dig corners” of NVC lighting managers and R&D personnel, including “Op, Philips (microblogging), Sanxiong Aurora, Sunlight and Good Business”. The company," the top executive said, "(the corner) started two months ago, and I personally have received seven or eight invitations."

However, the establishment of a new brand by dealers has caused a shock within the NVC executive team. Some managers have previously said that once Wu Changjiang is unable to return, he will resign and go to the new brand.

The executive also said that Schneider's retail channel has been completely cut off due to the collective resistance of NVC dealers to Schneider products. "The Schneider products are not seen in the store."

It is understood that Schneider mainly obtains engineering projects through engineering agents for sales in China. Schneider had hoped to expand its retail market with NVC Lighting's vast dealer channel. In the first half of this year, these distributors had Schneider products sales tasks. However, since the strike, the dealer refused to sell Schneider products, and Schneider's retail expansion plan was stopped.

"Wu’s return can pull the stock price and improve the performance, which is in the interest of all shareholders." The executive said, "Wu’s words, dealers will resell Schneider products."

Can Wu Changjiang return to NVC lighting? The answer will be announced in a day.

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