Dehao Runda LED business merged with NVC Wang Donglei: GameOver!

Wang Donglei, who "defeated" Wu Changjiang in the NVC storm, said "GameOver!"

Yesterday (November 11) at noon, Dehao Runda and NVC Lighting Chairman Wang Donglei said in an interview with the media in Beijing that Dehao Runda’s LED lighting business will be fully integrated into NVC Lighting, thus focusing on small appliances and Chip business, after NVC lighting at least 90% of the chip business will be from Dehao Runda; In addition, Safran Asia Investment Fund focuses on financial investment, may sell its shares held by NVC.

Dehao Runda’s secretary-general Deng Fei revealed to reporters that Dehao Runda will reach a structural agreement with Safran Asia Investment Fund, or take the priority to take over the equity of NVC, which is held by the latter, to avoid affecting the secondary capital market. .

The reporter was informed that Dehao Runda is expected to resume trading this Friday and NVC Lighting is expected to resume trading next week.

Started business with the integration of assets <br> <br> Wang Dong-lei claimed that in the past three months did not sleep better at night, I do not know what the next day will crates, because Wu Changjiang is indeed a "formidable opponent." After Wu Changjiang's "Wendou + Wudou", Wang Donglei still affirmed Wu Changjiang's "courage, strategy and ability to lead the team".

Wu Changjiang completely left NVC Lighting, and its 130 million shares of Dehao Runda have been frozen by the judicial waiting list. Wang Donglei said that he will start to integrate business and assets into Dehao Runda and NVC Lighting. Whether NVC Lighting can continue the glory of 2012 is a "top priority" for Wang Donglei. He admits that every move of NVC lighting is placed under the spotlight.

"The purpose of our acquisition (NVC Lighting) was to integrate upstream and downstream and complement each other. Because it touched the interests of some individuals, the progress was not so fast." Wang Donglei stressed that the overall positioning of the two companies will not With changes, Dehao Runda will rely on its R&D technology and LED industry platform to rapidly promote the LED transformation of NVC Lighting; in addition to injecting “in vitro assets”, Dehao Runda’s LED lighting business will also be fully integrated into NVC Lighting. At least 90% of NVC's chip business will be "special" by Dehao Runda.

The reporter found that in the first half of 2014, Dehao Runda's small household appliances and LED chips and application revenues were 882 million yuan and 1.043 billion yuan respectively, accounting for 46% and 54% of the operating revenue respectively; during the same period, NVC lighting Revenues from lighting products, light source products and lighting electrical products were 1.886 billion yuan, 500 million yuan and 116 million yuan respectively, of which the sales of lighting products increased by more than 20% year-on-year, mainly because the sales of LED lighting products increased by 82.1%.

Wang Donglei said that the chip sold by Dehao Runda to NVC last year only accounted for 6% of the latter's purchase. For the future, Wang Donglei said: "Next year, I believe that at least 90% of NVC's chips will be Dehao Run. Up to supply."

When asked about the "NVC Lighting Future Management Team Structure", Wang Donglei revealed that the management team will come from Dehao Runda, NVC Lighting and external hire respectively. Within 1 to 2 years, NVC Lighting's management team will be instructed by Wang Donglei. .

SAIF Asia Investment Fund or exit <br> <br> Wang Dong-lei want to re-sort and architecture NVC management team is not easy, because there exist SAIF Asia Investment Fund.

NVC Lighting's 2014 semi-annual report shows that Dehao Runda's shareholding ratio of NVC is 27.03%, which is the largest shareholder; Safran Asia Investment Fund's shareholding ratio is 18.50%. The second largest shareholder of NVC Lighting. Some investors are worried that the NVC lighting equity struggle has just started.

In this regard, Wang Donglei said that Safran Asia Investment Fund is biased towards financial investment and may sell its stake in NVC Lighting in the future.

Deng Fei told reporters that Dehao Runda will reach a structural agreement with Safran Asia Investment Fund, and it is expected to take over the shareholding of NVC Lighting to avoid affecting the secondary capital market; plus asset injection and business integration, Germany Haorunda must achieve the goal of absolutely controlling NVC Lighting, with a shareholding ratio of at least 51%.

In addition, for Wu Changjiang's O2O business, Wang Donglei said that NVC's O2O concept will be fully studied during the Spring Festival this year. Next week, more than 30 operators and dealer representatives will hold a meeting in Beijing to officially launch the mine. Lighting O2O business.

Wang Donglei added that Dehao Runda and NVC Lighting are planning to enable more than 3,000 retail stores across the country to complete the “last mile” in the mobile Internet environment, directly providing products, designs and products to end consumers. after-care service.

In response to the questioning of “Dahao Runda's shareholding in Weimei Shengjing Company to realize profit transfer and performance fraud”, Deng Fei said that Weimei Shengjing has obtained the franchise of Sinopec's outdoor air media advertisements for about 2,000 gas stations, and has sufficient Advertisers, but the funds needed for the renovation project are large, and Dehao Runda’s investment of 640 million yuan can solve its urgent needs, and since 2012, Dehao Runda has established a business relationship with Weimei Shengjing, customized production. Dedicated to the Outdoor Led Display of Sinopec gas station.

DeHao Runda's 2014 semi-annual report shows that in the first half of this year, Weimei Shengjing's operating income was about 33.73 million yuan, but the net profit loss was about 22.94 million yuan. In this regard, Deng Fei said that Weimei Shengjing is still in the project investment period. At present, the Led Display screens of 1,000 gas stations have already landed. Once the national coverage network is completed, with the increase of advertising revenue, Weimei Shengjing will turn a profit. In addition to selling products, Dehao Runda can share investment income.

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