NVC's founder Wu Changjiang's former "vest" company land was auctioned to create "the second NVC"

He was once highly hoped by the founder of NVC Lighting, Wu Changjiang, and intends to build the second NVC Chongqing Hualong Yingke Optoelectronics Co., Ltd. (hereinafter referred to as Hualong Yingke), the operating situation is increasingly pessimistic. He was once highly hoped by the founder of NVC Lighting, Wu Changjiang, and intends to build the second NVC Chongqing Hualong Yingke Optoelectronics Co., Ltd. (hereinafter referred to as Hualong Yingke), the operating situation is increasingly pessimistic. Recently, Chongqing Jinyu, Kaiyuan and Guohui auction companies have publicized the state-owned land use rights of Chongqing Hualong Yingke Industrial Co., Ltd. (hereinafter referred to as Hualong Yingke Industrial Co., Ltd.) in Hualong Yingke, Chongqing. At the auction, the piece of land was finally sold at a reserve price of 152.01 million yuan. According to industry and commerce information, Hualong Yingke Industry holds a 51.02% stake in Hualong Yingke. In addition, as early as 2014, the reporter found that Hualong Yingke and Hualong Yingke Industrial actually had a very close relationship with NVC, the founder of NVC Lighting. The industry called Wu Changjiang’s vest company, and the report of Chongqing Daily reported that Wu Changjiang Is the head of Hualong Yingke. The land was auctioned at a low price and the auction announcement showed that the land was a collateral for the three cases and was secured. The area of ​​the supporting land for the employees of the park was not less than 30% (36 mu) of the total land area of ​​the project, and the area of ​​ordinary commercial and residential development land was not high. 70% (84 acres) of the total land area of ​​the project. The number of complete sets of houses in the staff's living supporting facilities in the park shall not exceed 30%, and the number of workers' shifting houses shall not be less than 70%. In addition, for the takeover, Hualong Yingke Industrial has also set a number of limited conditions, including the staff living supporting houses built in the site, of which the complete sets of houses can only be rented and sold to Hualong Yingke Industrial employees, after the employees obtain the property rights, 5 It may not be sold outside the year; the property rights of non-complete sets of workers' shifting houses can only be paid to the land transferee, and they are not sold at a fraction of zero. After the listing of this project, we received a small number of consultation telephones, and there were fewer buyers who intended to shoot. As of the end of the listing, only one company registered. The staff of the Chongqing Stock Exchange responsible for the project told reporters. The reporter learned that on the auction site on October 10th, only one company paid the deposit for the auction. The auction price was 152.01 million yuan. In the absence of any competition, the company obtained the land use right at the reserve price. It is worth mentioning that the auction was entrusted by the Chongqing No. 1 Intermediate People's Court. Due to the insolvency of Hualong Yingke Industry, the bank applied for enforcement by the court. According to the industrial and commercial archives, Hualong Yingke was established on December 13, 2012. The initial registered capital was 34.3 million yuan, currently 300 million yuan. Hualong Yingke Industry was established in November 2012, and the current registered capital is 200 million yuan. In fact, in recent years, the two companies mentioned above have been quite difficult to operate. The Chongqing Municipal Government’s open mailbox shows that there have been many letters reflecting the debts of the two companies and the stagnation of the project in the past two years. According to the multiple letters of the Tongliang District Government, Hualong Yingke is still undergoing restructuring, but there is also the possibility of bankruptcy liquidation. According to the National Enterprise Credit Information Publicity System, in 2015, Hualong Yingke's total assets were 588 million yuan, net assets were 278 million yuan, liabilities were 278 million yuan, and total profit was a loss of 2006 million yuan. Cheng also Wu Changjiang, defeated Wu Changjiang It is interesting to note that for Hualong Yingke and Hualong Yingke Industry, its development context is related to the ups and downs of Wu Changjiang. Although the current operation is quite difficult, public information shows that Hualong Yingke not only proposed to build the country's largest LED optoelectronic industrial park, but also hopes to become the first listed company of Tongliang in 2018. According to Tongliang.com, in January 2013, Hualong Yingke LED Optoelectronic Industrial Park project was signed in Tongliang Industrial Park, which is one of the 100 key projects in 2013. The total planned investment is 1 billion yuan, and the land is about 300 mu. Production of LED display, LED electronic drivers, LED energy-saving products related upstream products. The reason why Hualong Yingke is so emboldened is because it is closely related to NVC lighting at that time. At the end of August 2014, a staff member of Hualong Yingke also said in an interview that NVC Lighting is a major customer of the company, and Hualong Yingke provides raw materials for the LED lighting industry chain and OEM production. According to public information, Wu Changjiang was officially transferred to the Huizhou Municipal People's Procuratorate for approval of the arrest on the afternoon of January 5, 2015 due to the alleged misappropriation of funds. The arrest of Wu Changjiang also directly affected the operation of Hualong Yingke. In the letter 522 of Tongliang Mailbox, the Tongliang District Government responded that Hualong Yingke’s refund of the compensation amount was 60 million yuan, and said that it was mainly affected by the NVC storm, and the company’s current internal organization was not working well. How Hualong Yingke will deal with the future is still unknown, and there is a great chance that it will enter the process of bankruptcy liquidation. An analyst who did not want to be named said.

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