Direct strike on NVC lighting strike situation is no longer under the control of the management

On the morning of July 13, NVC Lighting (0222.HK) headquarters, Chongqing Wanzhou factory, Guangdong Huizhou factory strike, the main appeal of the company's employees is to drive away Schneider Electric, let the company's founder, former chairman Wu Changjiang return The board of directors regains the power of NVC lighting.

According to the website of NVC Lighting, it has bases in Huizhou, Guangdong, Wanzhou, Chongqing, and Jiangshan, Zhejiang.

According to media reports, this morning, NVC lighting Huizhou factory also encountered a suspected strike, at 9 o'clock in the morning, there were managers on the scene to direct the departments to gather in front of the office building, and organized strike workers began to march around the plant. Factory broadcasts continue to play the national anthem or unity is power.

On July 12, some employees, distributors, suppliers and board members of NVC Lighting met and submitted a petition to the board of directors to support Wu Changjiang's return. The meeting lasted until the evening. For the requirements of employees, distributors and suppliers, Safran Partners, the largest shareholder representative of NVC Lighting, will reply before August 1.

NVC Lighting has suspended trading on the Hong Kong Stock Exchange since 9 am today pending the publication of price-sensitive information.

At 9 o'clock on the morning of July 13, the news said that at 10 o'clock in a luxury office building in Nanbin Road, Chongqing, the NVC Lighting Headquarters will strike and will march on the streets.

At 10 o'clock, NVC lighting strikes, the so-called "parade" is the employee standing in front of the office building on the side of the road, the banner, pulled the banner, wrote his own appeal, and then dispersed. After the employees withdrew from the office building, the outside was still not shocked. There was no sign of any strike at the NVC lighting headquarters outside the office building.

But the office is different. At least 23 slogans are hanging on the wall in the office on the 23rd to 25th floors. "Schneider is rolling out of NVC," "Mr. Wu is inseparable from you," Wu’s share price plunged and the business was dismal. Schneider’s disgrace, “Unscrupulous Schneider, but also my hard-earned money”, “Wu will not come back and resolutely not return to work”, and “please ask the government to be the master of NVC”.

Some employees in the office are still sitting in their cubicles, but most of them will gather together to play mobile phones, refresh the microblogging live broadcast of the company's strikes, or play with the navigation on the phone, and accidentally the phone will pop up a sentence. You have entered a certain area, please follow the traffic rules."

Others either go to each other or gather together to see pictures of the NVC lighting Wanzhou factory and the Huizhou factory strike scene. Some employees of NVC Lighting Headquarters also continually patrol the floors of the 23rd to 25th floors, taking photos of new strikes on the mobile phone and sending them online.

Different from the mildness of NVC Lighting Headquarters, its Wanzhou factory and Huizhou factory workers used a way to strike outside and pull the banner to express their appeal.

According to pictures uploaded by NVC Lighting staff on the Internet, the two factories added banners such as "We want orders, we want to go to work, we want Wu to come back", but other banners are hanging on the content and banners of the company headquarters. The basic word is not bad.

There have been signs of a major strike on NVC lighting on July 13. On July 12, after Wu Changjiang was out, many of the newly-replaced senior executives of NVC Lighting met with more than 180 employee representatives, distributors and suppliers, and then proposed to Wu Changjiang to return to the board of directors of the company. The request for Schneider's exit failed to give a positive response. Eventually angered these three parties.

What the outside world can see at present is only the strike of NVC lighting employees.

A dealer of the company said that from July 13th, the dealer will stop placing orders and the supplier will stop supplying to NVC Lighting.

More lethal, the above three parties said that if Wu Changjiang does not come back to regain the NVC lighting, employees, dealers and suppliers will create another brand, please Wu Changjiang out of the mountain, the supplier will fully support and will supply free of charge. Support new brands for half a year.

At this point, for the employer, the situation is no longer in control.

Wu Changjiang has not yet officially appeared, and there is news that it is in Chongqing, but it has not been confirmed.

The practice of this employee, dealer, and supplier to force the government to force the palace is the second time in the history of NVC lighting. In 2005, Wu Changjiang and the other two founders of the company had differences and conflicts. Wu Changjiang was the largest shareholder but was not in an absolute controlling position. The other two founders joined forces to force them out, and then at the dealer meeting, The dealers actually joined forces to force the other two founders out.

At present, some people analyze the re-enactment of Wu Changjiang's old man.

A dealer said that under the pressure of Wu Changjiang, employees, suppliers, distributors and other core resources may fully cooperate with another brand, the capital side has basically no choice at present, so Wu Changjiang returns, Schneider fades out Basically a foregone conclusion. However, the two sides may have different asking prices in the details of the negotiations. For example, the employer will propose that Wu Changjiang needs to return to the conditions, and Schneider can have conditions or limited access to NVC lighting sales channels.

However, Wu Changjiang and others really want to create their own brands, still face some pressure, such as no liquidity and ready-made factories.

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