Changjiang Wu Officially Returns to NVC's Board of Directors

NVC announced on last night that the founder and current CEO of NVC, Changjiang Wu was elected as executive director on shareholders' meeting held on June 21, which means that Changjiang Wu officially return to NVC's board of directors after experiencing ups and downs over the past year.

Now, NVC's Board comprises nine directors, including three executive directors, namely, Changjiang Wu, Yu Mu who is the vice president of NVC and Dongming Wong who is the little brother of NVC's current chairman; three non-executive Directors, namely Heping Lin who is the representative of Asia SAIF Partners, Hai Zhu who is the president of Schneider China and Donglei Wong; three independent non-executive directors, who are Kam Sui Wong, Gangwei Li and Ling Wu.

Among the new Board of NVC, Changjiang Wu, Dongming Wong and Ling Wu with profound background in the LED industry and government are new directors.

At the end of last year, Changjiang Wu transfered a majority stake in NVC to Elec-Tech, so Elec-Tech held more than 20% of the shares in NVC to be a big new shareholder of the NVC. This year, the chairman of Elec-Tech Donglei Wong becomes the new chairman of NVC succeed Yan Yan. Now, the new board members like Donglei Wong, Changjiang Wu, Yu Mu, Dongming Wong and Ling Wu combines together, so that Changjiang Wu returning to the Board of Directors can re-grip dominance.

In the segregation of duties table of NVC's board announced last night, the five people mentioned above don't work in NVC's Audit Committee, Remuneration Committee and Nomination Committee, maybe it is to promote counterbalance.

Disclaimers of Warranties
1. The website does not warrant the following:
1.1 The services from the website meets your requirement;
1.2 The accuracy, completeness, or timeliness of the service;
1.3 The accuracy, reliability of conclusions drawn from using the service;
1.4 The accuracy, completeness, or timeliness, or security of any information that you download from the website
2. The services provided by the website is intended for your reference only. The website shall be not be responsible for investment decisions, damages, or other losses resulting from use of the website or the information contained therein<
Proprietary Rights
You may not reproduce, modify, create derivative works from, display, perform, publish, distribute, disseminate, broadcast or circulate to any third party, any materials contained on the services without the express prior written consent of the website or its legal owner.

Today Philips Lumileds launches its proprietary CrispWhite Technology, yet another quality of light breakthrough in its portfolio, making whites appear vivid and bright while colors appear saturated. LUXEON CoB arrays with CrispWhite Technolog... READ MORE

For the first time there is a compact laser multi-chip package. Osram Opto Semiconductors can pack up to 20 blue laser chips in the new PLPM4 450 module. Instead of taking the laborious approach and constructing a light source from individual ... READ MORE