Wu Changjiang’s “Rares Robbery”: informed sources say or go out

According to a person familiar with the matter, Wu Changjiang’s shareholding in Dehao Runda’s shares was frozen or waiting to be frozen because Wu Changjiang was brought to court by the debtor. These creditors certainly include NVC lighting, but far more than NVC lighting. If Wu Changjiang loses the case and cannot repay the debt in time, then the frozen shares will be publicly auctioned by the court to pay off the debt.

As a result, Wu Changjiang may not be a shareholder of NVC Lighting, nor a shareholder of Dehao Runda. That is to say, these two companies may have no relationship with Wu Changjiang in the future. Wu Changjiang was in Huizhou, Guangdong Province at the end of 1998. When he founded NVC Lighting, he never dreamed that he would be imprisoned in this future and be trapped inside a wall. On January 4, 2015, Huizhou City People's Procuratorate of Guangdong Province formally approved the arrest of Wu Changjiang on the grounds that it was suspected of misappropriating funds.

Prior to this, on August 8, 2014, NVC Lighting's board of directors announced the removal of Wu Changjiang's chief executive officer and Wu Pai Ren Ma Qidi's Wu Changyong, Mu Yu, and Wang Minghua as vice presidents. This series of actions means that NVC Lighting has completely changed its dynasty and opened a new page: the Wu Changjiang era is over and the Wang Donglei era is officially coming.

Despite the struggle of the beasts, Wu Changjiang knows that this time I am afraid that I will be back to the sky, and I will never be able to return to the establishment of the NVC lighting. For Wu Changjiang and his factions, perhaps the nightmare is far more than this: On April 20, 2015, Dehao Runda issued a notice saying that the shares of Dehao Runda Company held by shareholder Wu Changjiang were the first in Chongqing. The Intermediate People's Court and the Fifth Intermediate People's Court of Chongqing waited for a freeze, with a term of 36 months.

The so-called waiting for freezing refers to the registration of property that has been frozen by other enforcement courts, and the enforcement court can register for waiting for freezing. If the freeze is released, the registration waiting for the first stop will automatically take effect.

It is reported that through the share swap, Wu Changjiang holds 130 million shares of Dehao Runda, with a shareholding ratio of 9.31%, which is the second largest shareholder of Dehao Runda. According to the article writing on the same day (June 2), Dehao Runda's share price is 15.16 yuan/share, Wu Changjiang is waiting for the frozen stock to have a nominal market value of about 1.97 billion yuan (but due to Wu Changjiang's DHL Runda stock) Currently the restricted shares, the actual value may be significantly lower than the nominal market value). So far, due to the debt collection by a number of creditors through court proceedings, Wu Changjiang's shares of Dehao Runda have been frozen or waiting for the freeze of up to eight or nine times in the courts of Chongqing, Zhuhai and Huizhou.

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