The nearly five months of NVC lighting control dispute ended unexpectedly with "reconciliation". "China Enterprise News" reporter was informed that NVC Lighting founder Wu Changjiang, Yan Yan, the company's current chairman and founding partner of SAIF Asia Fund, and Zhu Hai, strategic investor and chairman of Schneider (China), made a public appearance a few days ago. In a unified way, it declared “no interest and power struggle†to the outside world and finally reached a settlement.
However, in the eyes of market observers, "This dispute stemming from the distribution of interests between the founders and strategic investors and the control of the enterprise, the final settlement should also rely on the reorganization of the interest distribution mechanism. If there is no interest and The power struggle cannot last for five months, and the redistribution of interests is the fundamental purpose of this battle. "
In the end, it is undoubtedly the only way to reconcile the NVC lighting dispute under the premise of maximizing the commercial interests of all parties. According to Feng Hongjiang, a visiting professor at Zhejiang Wanli University, "The NVC lighting dispute stems from investors who want to guarantee their own profits. They must be finger-pointed. The founders want to protect their own interests and are reluctant to let investors dominate. Eventually because The two sides have little communication and lack of trust, and they have spawned small problems into major contradictions, which are representative. "
Just a breath
Starting in May of this year, the dispute over the management rights of NVC Lighting, Wu Changjiang publicly attributed the reasons to the parties "There are some differences in views and management concepts. There is no struggle between interests and power between us."
Yan Yan also believes, "Everyone has no conflict of fundamental interests, and their ideas and opinions are different, including different ways of doing things. These are normal." Zhu Hai said, "The struggle between no interest and power is achieved by reconciliation. basis".
Originally existing within the company due to differences in business philosophy, eventually with the participation of NVC lighting dealers, suppliers and employees, the contradictions were made public and the event was further fermented with the participation of the media. A reporter from China Enterprise News learned that since July this year, Wu Changjiang and Yan Yan have successively made public statements through the media. Wu Changjiang has been accused of excessive "related transactions" and Yan Yan has been accused of "corporate decision making."
According to people familiar with the matter, "Wu Changjiang and Yan Yan actually reached a consensus in Shenzhen after the conflict between the two parties became public in mid-July. They no longer accept media interviews and internally resolve internal issues. Unexpectedly, Yan Yan previously accepted a financial Reports interviewed by the magazine were published only after the two sides reached a consensus. This angered Wu Changjiang again, thinking that Yan Yan did not keep his promise and chose to continue to criticize himself through the media. "
In this regard, Wu Changjiang said: "When the two major investors put forward some requirements and suggestions to me, I privately accept them and they are both approved and not just for self-use. Where are I unhappy? It is they who take these The problem was reported to the general public. At that time, I was pressured and misunderstood. It seemed that I was a person who did not follow the rules. There were too many connected transactions and did not comply with the resolutions of the board of directors. Driven by ideas, the war was quickly blamed from the blame on the ground, and turned into a defense battle for the founders of the "drive investors" with the participation of offline suppliers, distributors, and employees.
Redistribution of benefits
"He has too little time to communicate with us, one hour and half an hour for each meeting. It seems that entrepreneurs have a low level of education." Looking back at the root of the conflict between the two parties, Wu Changjiang concluded that Yan Yan invested in an enterprise To communicate and communicate with entrepreneurs, listen to their voices and grievances.
Obviously, the trust crisis caused by poor communication between the founders and investors has become the “fuse†that ignited the dispute over the control of NVC Lighting. However, in Feng Hongjiang's view, "the redistribution of interests is the key to the struggle between the two sides. Strategic investors obviously hope to maximize the benefits. The founder, after going through all the hardships, is obviously reluctant to let investors enjoy their success. , The interests must be redistributed through the process of controlling for power. "
The dispute came to an end, but the aftermath of the channel turmoil caused by the period began to show. Li Ming (pseudonym) from Inner Mongolia has worked with NVC for more than ten years. On October 12, Li Ming made a special trip to Beijing to discuss with a certain brand LED lighting company the next step to open a store. Li Ming said that before the NVC product had been out of stock, the signed engineering supply had to be interrupted. Although the supply has returned to normal, disputes at the company's top level have damaged the dealer's confidence, and now my heart is still somewhat affected.
Li Ming has concerns about NVC and product upgrades. "Now the lighting industry is in a period of adjustment. The future trend is to replace traditional lighting with LED lighting, and NVC products are still based on traditional lighting, so I want to find a strong brand specializing in LED lighting." He said.
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