NVC Lighting, which has suspended trade on the Chinese bourse, recently appointed Wang Donglei as the company’s official CEO, according to a report by Chinese media Tencent.

Bitter conflicts between NVC Lighting former CEO Wu Changjiang and current CEO Wang Donglei might have come to an end, but another battle front has begun in the Chinese LED industry, according to a report from Chinese-language Yangcheng Evening News Digital Media.

Despite suspended production in one of its four major factories, China’s biggest lighting company NVC Lighting’s recent boardroom drama will have limited impact on its UK subsidiary, according to a report by Lighting.

Latest developments between Elec-Tech - International (ETI) and NVC Lighting have taken another dramatic turn.

Latest developments in the aftermath of NVC Lighting’s merge with Elec-Tech Technology (ETI) has gotten fairly messy, according to several Chinese media reports.

Elec-Tech Chariman Wang Donglei faced disgruntled investors during the company’s investor conference discussing the company’s 2013 annual financial results on May 12, 2014. Although ElecTech has made it into the LED supply chain, net profit growth has yet to be seen. Wang first discussed the benefits the company recived from their aquisition of NVC Lighitng. Wang next tackled questions by investors regarding wafer expansion. 

“I consider Elec-Tech as a child I have reared. To me, it is the best,” said Elec-Tech Chairman Wang Donglei on May 12, 2014 during an investor conference to discussing the company’s 2013 annual financial results. 

Chinese LED manufacturer Elec-Tech released a report on January 19th announcing the company’s various businesses’ preliminary estimated data for 2014. The company anticipates sales revenue in 2014 to increase by 50 percent compared to 2013, including sales revenue for their LED business which is estimated to increase 100 percent from 2013.