NVC announced on June 4 that Changjiang Wu and Dongming Wang will be elected as executive directors, and Ling Wu as an independent non-executive director, this appointment letter will be implemented after the shareholders' meeting. The increasingly worsening internal conflict of NVC finally draws to a close.

For this, Pei Huang, the initiator of NVC minority shareholders revolution told reporters that Mr. Wu is a professional manager after the equity was changed, the occupations are reasonable as long as they are promoted according to the rules of corporate governance arrangements. As for that whether Changjiang Wu can return to NVC as chairman or not, an industry source told reporters that it would be fine as long as it is conducted in accordance with the rules of corporate governance.

Yongjun Shi, the spokesman of NVC, told reporters that Changjiang Wu is responsible for the company's affairs as president, while Donglei Wang does not engage in the specific transaction management as the chairman of ETI. In view of that whether Changjiang Wu will return to NVC as chairman or not, Yongjun Shi has not made a clear attitude.

Zaihua He, a Senior Fellow of CIConsulting, expressed in the interview with "Securities Daily" that Changjiang Wu returns to NVC Board With the two main advantages, on one hand, he has many loyalists executives and board members in NVC; On the other hand, ETI is NVC's largest shareholder with more than 20% of the share, so ETI has the right to appoint the Board members of NVC. As the second largest shareholder of ETI, the return of Changjiang Wu to NVC Board can help both sides to achieve the idea that integration and cooperation faster.