It has been two months since the NVC lighting Wu Wang dispute, Wu Changjiang and Wang Donglei seem to be very determined at the current confrontation, "infighting" seems to continue to ferment and upgrade, but from a judicial point of view, the so-called upgrade Still staying on the verbal. A few days ago, Wang Donglei responded to Wu Changjiang’s allegation that “Dehao Runda’s acquisition of the incompetent Weimei Shengjing at a high price of 640 million yuan†denied the transfer of interests and fraud allegations and said that no subpoena was received. Dehao Runda also said that it has filed a lawsuit against Wu Changjiang’s duties and other issues, and will be announced later. On the 9th, Wang Donglei publicized the NVC lighting business license through Weibo, showing that the legal person has changed to Wang Donglei.
BDO Runda: more concerned about the acquisition on September 9, NVC founder Wu Changjiang to Elec-Tech "two shareholders' identities resource value <br> <br>, open to the public caused by Guangdong Public Security Bureau and the SFC The indictment and report letter of the meeting claimed that Wang Donglei, the chairman and actual controller of Dehao Runda, would be accused of “using the position of the post, and the price of the shell company will damage the interests of shareholdersâ€.
In this report, Wu Changjiang accused Wang Donglei of investing 640 million yuan in the name of Dehao Runda in May 2013 to acquire a 21.27% stake in Weimei Shengjing, while the Dehao Runda assets were already negative. According to the report, Weimei Shengjing registered capital of 50 million yuan. As of December 31, 2012, Weimei Shengjing had total assets of 55.23 million yuan, total liabilities of 738.67 million yuan, and net profit loss of 22.1854 million yuan. Wu Changjiang said, "The transaction is a serious high premium purchase of equity, causing huge economic losses to Dehao Runda, suspected of profit transfer."
At the same time, he also accused Weimei Shengjing of investing 640 million yuan in the total investment of Dehao Runda for the purchase of its LED Display products. The transaction was also suspected of illegal borrowing and performance fraud.
According to the data, Wu Changjiang currently holds 130 million shares of the limited shares of Dehao Runda, accounting for 9.31% of the total share capital. Wang Donglei is the owner of Dehao Runda's largest shareholder, Wuhu Dehao Investment Co., Ltd., and is the actual controller of Dehao Runda.
In this regard, Dehao Runda brand and market general manager Yang Siyu recently responded to Wu Changjiang's allegations. Yang Siyu denied that Weimei Shengjing is a shell company. He said, “Dehao Runda’s acquisition of Weimei Shengjing has been approved by the securities regulatory department and has also been supported by the company’s internal shareholders meeting and the board of directors.â€
“Dehao Runda acquired the value of resources rather than cash value when it acquired Weimei Shengjing. Weimei Shengjing signed a strategic cooperation agreement with Sinopec Group to develop and manage the quality media resources of Sinopec's more than 30,000 gas stations. Meishengjing will become China's largest outdoor media publishing platform, and Dehao Runda has increased sales through its terminal resources."
Wu refers to the presence of a defective indictment <br> <br> NVC Wu Changjiang, the provision of legal change process also revealed that Wu Changjiang Dong-lei Wang sued their brother to defraud its HK $ 100 million. The indictment stated that during the period when Dehao Runda invested in NVC, on October 21, 2013, NVC INC loaned HK$100 million from Haitong International, after deducting the fee, the remaining HK$98 million, after the payment was made on October 23, 2013. The day was transferred to Wu Changjiang’s account at HSBC in Hong Kong.
According to the complaint, Wang Donglei found Wu Changjiang through his brother to ask for two blank checks on the grounds of helping to return Haitong International Loan. However, after this, Wang Donglei’s brother did not return the loan, but on October 24 and 25, 2013, he successively obtained a total of 98 million Hong Kong dollars from the account of Wu Changjiang Hong Kong HSBC.
Thereafter, on the 4th and 23rd of 2014, Wang Donglei paid the equity transfer of 100 million Hong Kong dollars to Wu Changjiang directly to Haitong International. The indictment said that Wu Changjiang learned from Haitong International that the HK$100 million was to repay the previous loan of 100 million yuan. The money previously delivered to Wang Donglei’s brother was swallowed.
Wu Changjiang believes that during the equity transfer period, Wang Donglei and his younger brothers fictional facts, using equity transfer funds instead of loans to occupy Wu Changjiang’s nearly 100 million Hong Kong dollar property, have violated the Criminal Law and should be subject to legal sanctions.
Regarding this allegation, Dehao Runda said that Wu Changjiang has repeatedly reported and accused Wang Donglei, but as of now, Wang Donglei has not received relevant subpoenas from the judicial authorities. Dehao Runda also said that it has filed a lawsuit against Wu Changjiang’s occupation and other issues, and will be announced from time to time.
On the 9th of this month, Wang Donglei, the current chairman and temporary CEO of NVC, published a license for NVC Lighting China Co., Ltd. through Weibo, indicating that the NVC legal person had changed to Wang Donglei on September 30 this year. The business license registration authority is the Chongqing Municipal Administration for Industry and Commerce.
Wu Changjiang believes that the process of obtaining a new business license is flawed. Wu Changjiang’s entrusted lawyer Xiong Zhi said that the replacement of the “NVC China†legal representative involves two administrative licenses, namely whether the Chongqing Foreign Economic and Trade Commission approves the change. And the license issued by the Chongqing Municipal Administration for Industry and Commerce to issue a business license. No matter which department conducts the administrative licensing act, if other people have significant interests, the hearing procedure should be held according to law. Wu Changjiang and the former company executives and employee representatives have filed an application for a hearing request to the Chongqing Foreign Economic Relations and Trade Commission and the Chongqing Municipal Administration of Industry and Commerce.
Wu Jiezhen of Guangdong Guangqiang Law Firm believes that if the internal procedures for replacing the legal representative are legally compliant and there is no major interest damage to the third party, the hearing procedure is not the decisive factor for the validity of the legal person change of the listed company.
The dispute between NVC and Wu Wang has been going on for two months. At present, Wu Changjiang and Wang Donglei are resolutely opposed. NVC is still in the state of separation. After being dismissed from the NVC CEO position in August this year, Wu Changjiang suffered a deal from the dealers, and all the 130 million shares of Dehao Runda were hit by the court freeze. Wang Donglei completed the change of the NVC legal person and directly burned the war to Wu. The base camp of the Yangtze River in Chongqing. Chongqing is the hometown of Wu Changjiang. After Wu Changjiang was dismissed from the NVC CEO, Wang Donglei quickly controlled the factories of NVC Shanghai, Huizhou and Zhejiang, but the headquarters of Chongqing Wanzhou was still under the management of Wu Changjiang.
BDO Runda: more concerned about the acquisition on September 9, NVC founder Wu Changjiang to Elec-Tech "two shareholders' identities resource value <br> <br>, open to the public caused by Guangdong Public Security Bureau and the SFC The indictment and report letter of the meeting claimed that Wang Donglei, the chairman and actual controller of Dehao Runda, would be accused of “using the position of the post, and the price of the shell company will damage the interests of shareholdersâ€.
In this report, Wu Changjiang accused Wang Donglei of investing 640 million yuan in the name of Dehao Runda in May 2013 to acquire a 21.27% stake in Weimei Shengjing, while the Dehao Runda assets were already negative. According to the report, Weimei Shengjing registered capital of 50 million yuan. As of December 31, 2012, Weimei Shengjing had total assets of 55.23 million yuan, total liabilities of 738.67 million yuan, and net profit loss of 22.1854 million yuan. Wu Changjiang said, "The transaction is a serious high premium purchase of equity, causing huge economic losses to Dehao Runda, suspected of profit transfer."
At the same time, he also accused Weimei Shengjing of investing 640 million yuan in the total investment of Dehao Runda for the purchase of its LED Display products. The transaction was also suspected of illegal borrowing and performance fraud.
According to the data, Wu Changjiang currently holds 130 million shares of the limited shares of Dehao Runda, accounting for 9.31% of the total share capital. Wang Donglei is the owner of Dehao Runda's largest shareholder, Wuhu Dehao Investment Co., Ltd., and is the actual controller of Dehao Runda.
In this regard, Dehao Runda brand and market general manager Yang Siyu recently responded to Wu Changjiang's allegations. Yang Siyu denied that Weimei Shengjing is a shell company. He said, “Dehao Runda’s acquisition of Weimei Shengjing has been approved by the securities regulatory department and has also been supported by the company’s internal shareholders meeting and the board of directors.â€
“Dehao Runda acquired the value of resources rather than cash value when it acquired Weimei Shengjing. Weimei Shengjing signed a strategic cooperation agreement with Sinopec Group to develop and manage the quality media resources of Sinopec's more than 30,000 gas stations. Meishengjing will become China's largest outdoor media publishing platform, and Dehao Runda has increased sales through its terminal resources."
Wu refers to the presence of a defective indictment <br> <br> NVC Wu Changjiang, the provision of legal change process also revealed that Wu Changjiang Dong-lei Wang sued their brother to defraud its HK $ 100 million. The indictment stated that during the period when Dehao Runda invested in NVC, on October 21, 2013, NVC INC loaned HK$100 million from Haitong International, after deducting the fee, the remaining HK$98 million, after the payment was made on October 23, 2013. The day was transferred to Wu Changjiang’s account at HSBC in Hong Kong.
According to the complaint, Wang Donglei found Wu Changjiang through his brother to ask for two blank checks on the grounds of helping to return Haitong International Loan. However, after this, Wang Donglei’s brother did not return the loan, but on October 24 and 25, 2013, he successively obtained a total of 98 million Hong Kong dollars from the account of Wu Changjiang Hong Kong HSBC.
Thereafter, on the 4th and 23rd of 2014, Wang Donglei paid the equity transfer of 100 million Hong Kong dollars to Wu Changjiang directly to Haitong International. The indictment said that Wu Changjiang learned from Haitong International that the HK$100 million was to repay the previous loan of 100 million yuan. The money previously delivered to Wang Donglei’s brother was swallowed.
Wu Changjiang believes that during the equity transfer period, Wang Donglei and his younger brothers fictional facts, using equity transfer funds instead of loans to occupy Wu Changjiang’s nearly 100 million Hong Kong dollar property, have violated the Criminal Law and should be subject to legal sanctions.
Regarding this allegation, Dehao Runda said that Wu Changjiang has repeatedly reported and accused Wang Donglei, but as of now, Wang Donglei has not received relevant subpoenas from the judicial authorities. Dehao Runda also said that it has filed a lawsuit against Wu Changjiang’s occupation and other issues, and will be announced from time to time.
On the 9th of this month, Wang Donglei, the current chairman and temporary CEO of NVC, published a license for NVC Lighting China Co., Ltd. through Weibo, indicating that the NVC legal person had changed to Wang Donglei on September 30 this year. The business license registration authority is the Chongqing Municipal Administration for Industry and Commerce.
Wu Changjiang believes that the process of obtaining a new business license is flawed. Wu Changjiang’s entrusted lawyer Xiong Zhi said that the replacement of the “NVC China†legal representative involves two administrative licenses, namely whether the Chongqing Foreign Economic and Trade Commission approves the change. And the license issued by the Chongqing Municipal Administration for Industry and Commerce to issue a business license. No matter which department conducts the administrative licensing act, if other people have significant interests, the hearing procedure should be held according to law. Wu Changjiang and the former company executives and employee representatives have filed an application for a hearing request to the Chongqing Foreign Economic Relations and Trade Commission and the Chongqing Municipal Administration of Industry and Commerce.
Wu Jiezhen of Guangdong Guangqiang Law Firm believes that if the internal procedures for replacing the legal representative are legally compliant and there is no major interest damage to the third party, the hearing procedure is not the decisive factor for the validity of the legal person change of the listed company.
The dispute between NVC and Wu Wang has been going on for two months. At present, Wu Changjiang and Wang Donglei are resolutely opposed. NVC is still in the state of separation. After being dismissed from the NVC CEO position in August this year, Wu Changjiang suffered a deal from the dealers, and all the 130 million shares of Dehao Runda were hit by the court freeze. Wang Donglei completed the change of the NVC legal person and directly burned the war to Wu. The base camp of the Yangtze River in Chongqing. Chongqing is the hometown of Wu Changjiang. After Wu Changjiang was dismissed from the NVC CEO, Wang Donglei quickly controlled the factories of NVC Shanghai, Huizhou and Zhejiang, but the headquarters of Chongqing Wanzhou was still under the management of Wu Changjiang.
Outdoor Fixed LED display is a popular product for its high quality, every year sold to at least 80,000 pieces around the world, including Europe, North America, southeast Asia.Compared to other indoor LED display in the market, its biggest advantage is that it can display high-definition images while maintaining low power consumption.Besides, it adopts Die casting aluminum cabinet which is ultra-thin and ultra-light and owns good heat dissipation.Easy to install and maintain and suitable for multiple indoor scenes.
Application:
* Business Organizations:
Supermarket, large-scale shopping malls, star-rated hotels, travel agencies
* Financial Organizations:
Banks, insurance companies, post offices, hospital, schools
* Public Places:
Subway, airports, stations, parks, exhibition halls, stadiums, museums, commercial buildings, meeting rooms
* Entertainments:
Movie theaters, clubs, stages.
Outdoor Fixed LED Display,Led Wall Display Screen,Curved Led Display Screen,Led Display Board
Guangzhou Chengwen Photoelectric Technology co.,ltd , https://www.cwstagelight.com