Nearly two months after the founder Wu Changjiang “returnedâ€, Zhang Kaipeng, CEO of NVC Lighting (02222.HK), resigned, which means that the management of NVC Lighting will be led by the founder team. Chen Yifei, the director of NVC Lighting Brand Center, said that Zhang Kaipeng’s departure should not adversely affect the continued cooperation of the three major shareholders of NVC.
According to the NVC Lighting Announcement, Zhang Kaipeng has resigned from the position of CEO and Temporary Operations Committee due to his intention to seek other development opportunities. He confirmed that he had no disagreement with the company's board of directors, and the board of directors expressed deep gratitude for his contribution and service during his tenure.
At this point, the original operation director of Schneider Low Voltage Terminal ended his half-year term at NVC Lighting.
On May 25 this year, NVC issued a notice saying that Wu Changjiang resigned as chairman, executive director and chief executive officer and all positions of the company for personal reasons. The founding partner of Safran Asia Fund took over as chairman of NVC Lighting, and Zhang Kaipeng from Schneider took over as CEO of NVC Lighting.
Since then, there has been a dispute between NVC’s shareholder Wu Changjiang and Yu. The management of NVC once proposed that Schneider’s original class leave NVC. In August, Li Rui and Li Xinyu from Schneider resigned. On September 4, the civil unrest subsided and Wu Changjiang returned to NVC as the head of the “temporary operation committeeâ€. The “temporary operation committee†is responsible for the company's operations, including Wu Changjiang, Zhu Hai (the president of Schneider China), Zhang Kaipeng, and Wu Changjiang's “old men†– Ms. Mu Yu, Wang Minghua and Tan Ying, three vice presidents of NVC.
A core supplier of NVC told reporters that after the return of Wu Changjiang, NVC's operation has gradually returned to normal, and supply pressure is high in September and October, filling the gaps in the channels. The NVC supply chain is mature and will not be affected by someone leaving.
At present, Wu Changjiang, Safford Fund, and Schneider are the three major shareholders of NVC. Zhu Hai told reporters at the end of September this year that Schneider is a strategic shareholder in NVC, "by car" rather than "driving", and will not directly manage.
Zhang Xiaofei, dean of the High-tech LED Industry Research Institute, believes that Zhang Kaipeng’s departure means that Schneider has let go, and both Saifu and Schneider hope that the performance of NVC will be restored as soon as possible, so more specific business management rights will be given to Wu Changjiang, and the board of directors The related transactions will still be regulated and restricted. However, this year's economic downturn, the lighting industry has accelerated the transition to LED, and it is not difficult for NVC to get out of the internal disputes to achieve the plan at the beginning of the year.
At present, there are only six members of NVC's board of directors, including executive director Mu Yu, non-executive director, Lin Heping (another representative of Safran Fund), Zhu Hai, and two independent directors. Zhang Xiaofei predicts that Wu Changjiang will return to the NVC Lighting Board in the future.
According to the NVC Lighting Announcement, Zhang Kaipeng has resigned from the position of CEO and Temporary Operations Committee due to his intention to seek other development opportunities. He confirmed that he had no disagreement with the company's board of directors, and the board of directors expressed deep gratitude for his contribution and service during his tenure.
At this point, the original operation director of Schneider Low Voltage Terminal ended his half-year term at NVC Lighting.
On May 25 this year, NVC issued a notice saying that Wu Changjiang resigned as chairman, executive director and chief executive officer and all positions of the company for personal reasons. The founding partner of Safran Asia Fund took over as chairman of NVC Lighting, and Zhang Kaipeng from Schneider took over as CEO of NVC Lighting.
Since then, there has been a dispute between NVC’s shareholder Wu Changjiang and Yu. The management of NVC once proposed that Schneider’s original class leave NVC. In August, Li Rui and Li Xinyu from Schneider resigned. On September 4, the civil unrest subsided and Wu Changjiang returned to NVC as the head of the “temporary operation committeeâ€. The “temporary operation committee†is responsible for the company's operations, including Wu Changjiang, Zhu Hai (the president of Schneider China), Zhang Kaipeng, and Wu Changjiang's “old men†– Ms. Mu Yu, Wang Minghua and Tan Ying, three vice presidents of NVC.
A core supplier of NVC told reporters that after the return of Wu Changjiang, NVC's operation has gradually returned to normal, and supply pressure is high in September and October, filling the gaps in the channels. The NVC supply chain is mature and will not be affected by someone leaving.
At present, Wu Changjiang, Safford Fund, and Schneider are the three major shareholders of NVC. Zhu Hai told reporters at the end of September this year that Schneider is a strategic shareholder in NVC, "by car" rather than "driving", and will not directly manage.
Zhang Xiaofei, dean of the High-tech LED Industry Research Institute, believes that Zhang Kaipeng’s departure means that Schneider has let go, and both Saifu and Schneider hope that the performance of NVC will be restored as soon as possible, so more specific business management rights will be given to Wu Changjiang, and the board of directors The related transactions will still be regulated and restricted. However, this year's economic downturn, the lighting industry has accelerated the transition to LED, and it is not difficult for NVC to get out of the internal disputes to achieve the plan at the beginning of the year.
At present, there are only six members of NVC's board of directors, including executive director Mu Yu, non-executive director, Lin Heping (another representative of Safran Fund), Zhu Hai, and two independent directors. Zhang Xiaofei predicts that Wu Changjiang will return to the NVC Lighting Board in the future.
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