After being “abandoned†by over 95% of the shareholders, NVC’s high-level internal defense reproduces the news that Wu Changjiang is unfavorable. Yesterday, the NVC Lighting Board of Directors threw a rush at the media meeting in Beijing, claiming that the NVC Lighting Independent Investigation Committee found evidence of Wu Changjiang’s alleged major violations: Wu Changjiang’s illegal mortgage guarantee caused NVC lighting to suffer 173 million yuan. Huge losses; and in the legal opinion, Wu Changjiang was suspected of misappropriating funds or misappropriation, breaching the crime of harming the interests of listed companies, illegal disclosure and non-disclosure of important information.
Photocopies of three mortgage contract involving 173 million yuan <br> <br> NVC provided to reporters show yesterday, Wu Changjiang has four times to sign the relevant guarantee or pledge agreement with a state-owned bank branch in Chongqing, a large ferry.
The first guarantee led by Wu Changjiang was on November 29, 2013. In this “Living Capital Loan Contract†signed with a state-owned bank Chongqing Dadukou Sub-branch, Wu Changjiang and Chongqing Leishi Industrial Co., Ltd. were Chongqing En. Weixi Industrial Development Co., Ltd. has secured a loan of 10 million yuan.
Only after 4 days, on December 3, 2013, Wu Changjiang and Chongqing NVC Industrial Co., Ltd. signed a guarantee contract with the bank’s Chongqing Dadukou Sub-branch, which is the 69 million yuan of Chongqing Lei Lijie Industrial Development Co., Ltd. Loans are guaranteed. The borrowing period for this loan is 12 months.
The 12-month loan has not yet expired. On July 18 this year, Wu Changjiang provided guarantee for Chongqing Lei Lijie Industrial Development Co., Ltd., and the repayment period of half a year was as high as 84.6 million yuan.
At the same time, Wu Changjiang also signed a "guarantee pledge contract" with the state-owned bank Dadukou Sub-branch, which was used as a pledge for the above three loan guarantee contracts. The reporter saw in this contract that the amount of margin including principal, interest, liquidated damages, etc. was as high as 173 million yuan.
Vice President faced two lawsuits <br> <br> NVC and chief financial officer told reporters yesterday to talk about Eagle's media conference, August 29 NVC Lighting Company requested the Chongqing Municipal Higher People's Court of Chongqing NVC The bank account was seized and some accounts were found to be abnormal during the process of seizure. “Subsequently, the court provided us with some relevant guarantee documents. At this time, we found that the company’s funds had already been stipulated for violations. These guarantees occurred without the company’s board of directors. Without knowing the situation, the company Further action has been taken and we are currently reporting to the public security authorities."
"From the existing evidence, we only see the guarantee of 173 million yuan involving a state-owned bank. At present, the situation of other banks is still being investigated. It is not excluded that there are similar violations." Tan Ying said that the relevant guarantees have caused financial damage to the company. Impact, whether there are other violations, and the company's independent investigation committee will be able to obtain more information after further work.
Part of the photocopy of the "guarantee pledge contract" signed by Wu Changjiang with a bank on July 18
Photocopies of three mortgage contract involving 173 million yuan <br> <br> NVC provided to reporters show yesterday, Wu Changjiang has four times to sign the relevant guarantee or pledge agreement with a state-owned bank branch in Chongqing, a large ferry.
The first guarantee led by Wu Changjiang was on November 29, 2013. In this “Living Capital Loan Contract†signed with a state-owned bank Chongqing Dadukou Sub-branch, Wu Changjiang and Chongqing Leishi Industrial Co., Ltd. were Chongqing En. Weixi Industrial Development Co., Ltd. has secured a loan of 10 million yuan.
Only after 4 days, on December 3, 2013, Wu Changjiang and Chongqing NVC Industrial Co., Ltd. signed a guarantee contract with the bank’s Chongqing Dadukou Sub-branch, which is the 69 million yuan of Chongqing Lei Lijie Industrial Development Co., Ltd. Loans are guaranteed. The borrowing period for this loan is 12 months.
The 12-month loan has not yet expired. On July 18 this year, Wu Changjiang provided guarantee for Chongqing Lei Lijie Industrial Development Co., Ltd., and the repayment period of half a year was as high as 84.6 million yuan.
At the same time, Wu Changjiang also signed a "guarantee pledge contract" with the state-owned bank Dadukou Sub-branch, which was used as a pledge for the above three loan guarantee contracts. The reporter saw in this contract that the amount of margin including principal, interest, liquidated damages, etc. was as high as 173 million yuan.
Vice President faced two lawsuits <br> <br> NVC and chief financial officer told reporters yesterday to talk about Eagle's media conference, August 29 NVC Lighting Company requested the Chongqing Municipal Higher People's Court of Chongqing NVC The bank account was seized and some accounts were found to be abnormal during the process of seizure. “Subsequently, the court provided us with some relevant guarantee documents. At this time, we found that the company’s funds had already been stipulated for violations. These guarantees occurred without the company’s board of directors. Without knowing the situation, the company Further action has been taken and we are currently reporting to the public security authorities."
"From the existing evidence, we only see the guarantee of 173 million yuan involving a state-owned bank. At present, the situation of other banks is still being investigated. It is not excluded that there are similar violations." Tan Ying said that the relevant guarantees have caused financial damage to the company. Impact, whether there are other violations, and the company's independent investigation committee will be able to obtain more information after further work.
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