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2015-03-05

Chinese Court Freezes Assets of Former NVC Lighting Executive

The Huizhou Intermediate People’s Court recently froze NVC Lighting former Chairman Changjiang Wu’s 130 million company shares worth RMB 1.1 billion (US $180 million), according to a Sinai report.
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2014-09-17

NVC Lighting Internal Conflict Escalates

NVC Lighting’s internal conflict has escalated in recent weeks, even after the company board voted unanimously for ETI CEO Wang Donglei to take over in early August. The transition after the merger of the two companies has been difficult, with disagreements occasionally erupting into violence.
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