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Wu Changjiang was trapped in a shackle, and Wang Donglei gave NVC a beautiful annual report card.
After Wu Changjiang was in the office for nearly three months, Wang Donglei handed over a beautiful annual report card for NVC. On March 14, NVC Lighting released a forecast, and the company expects 2016 net profit to increase significantly, with a year-on-year increase of more than 150%. This is due to the significant increase in the performance of NVC Lighting for two consecutive years since the removal of Wu Changjiang, the main founder and former chairman. The announcement said that the profit growth was mainly due to the increase in gross profit margin. If Wu Changjiang saw this transcript in prison, he was not sure how hard it was. Such excellent reports have had signs to follow. In the 2016 semi-annual report, NVC Lighting has recorded a brilliant net profit growth performance, and its gross profit margin has reached 25.9%, which is also the highest level in the past six years. According to Zhitong Finance, NVC Lighting was listed in Hong Kong in May 2010. Before the listing, the company had already emerged as a hidden danger of control. However, with its continuous performance growth for many years and its leading position in the lighting industry, its share price has doubled in the first half of the year, with a market value of HK$14.46 billion. However, the continuous control of the battle for many years, and the subsequent decline in the performance of the shock, so that the glory of NVC lighting has become a passing sight. In 2005, due to the difference in business philosophy, the three founders of NVC Lighting broke out. In the end, Wu Changjiang won the game and was solely in power. However, he had to pay 160 million yuan (if not stated, the unit has the same) to break up the fee. In order to raise the money, Wu Changjiang introduced the soft cash to Saifu at the expense of equity dilution. The front door drives the tiger, the back door enters the wolf, and the same does not agree with Wu Changjiang's business philosophy. After seven years of itching, the two sides met with each other and won the case temporarily, expelling Wu Changjiang from the board of directors. However, at the crucial moment, Wu Changjiang once again introduced Wang Donglei, the white warrior Dehao Runda, and reversed the success. After two years of honeymoon, the two sides may be able to accommodate two tigers after all, NVC lighting can not accommodate the two masters, and finally the white warrior turned black warrior, Wang Donglei won. This time, Wu Changjiang was imprisoned, and there may be no chance to make a comeback. After another round of the Gongdou drama, it was inevitable to affect the performance of NVC Lighting. In 2011, the performance of NVC Lighting reached its peak, with a revenue of 3.798 billion, a net profit of 548 million, and a gross profit margin of 25.6%. But by 2012, that year, when Wu Changjiang and the squad were fighting, the income stopped the pace of continuous growth for many years, and the net profit was even less than the previous year's fraction. In 2013, Wu Changjiang and Wang Donglei both worked in harmony, and the performance of NVC Lighting also rebounded sharply.