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Deep down the generation of the great defeat of Wu Xiong
On December 21, 2016, the Huizhou Intermediate People's Court of Guangdong Province made a first-instance judgment and sentenced Wu Changjiang, the former chairman of NVC Lighting (China) Co., Ltd., to 14 years in prison for misappropriation of funds and occupation of occupation. At this point, the sensational NVC lighting case was announced with an embarrassing ending. Who can think that the vastness of the Chinese lighting industry in the past has finally ended in such a way that the first half of the life will be infinite, and the latter half of life will only be able to spend time in prison. It is true that NVC lighting can shoot in the future, but it cannot follow the path of Wu Changjiang. Entrepreneur encounters are not new, especially in the past ten years, with the rise of investor power, the game between founders and capital often occurs, but Wu Changjiang’s robbery is still a typical sample: the co-founder and his robes are broken. Investors and his opponents turned against each other. The brothers who once hit it off and he went to court, and always insisted that his dealers also swayed in the interests of choice. Every time Wu Changjiang’s hair is meant to hold NVC, but NVC still died in the palm of his hand like a quicksand, and eventually turned into nothingness. Brother-style gang, enemy-like gangs Similar to many entrepreneurs of the same age, Wu Changjiang's family is poor and talented, and he was assigned to the gold medal title. After graduating from college, he was assigned to Shaanxi Hanzhong Airlines. Even with a golden rice bowl, Wu Changjiang always has a boss dream and is becoming more and more urgent as time goes by. In 1992, on the eve of being promoted to the deputy director, Wu Changjiang proposed to resign. When he left, the old leader of the original unit said to him: Xiao Wu, you are too idealistic and too loyal, this character is your biggest The advantages are also the biggest drawback. If you succeed in the future, it will be because of your character. Looking back today, I actually became a slang. Wu Changjiang began his life in Guangdong alone. He worked as a reserve cadre at a Taiwan-funded bicycle factory and temporarily worked as a company security guard. After half a year, Wu Changjiang had a chance to go to Ya Yao Electric. It was a 70-person-scale lighting factory. The boss appreciated Wu Changjiang’s ability. In this way, Wu Changjiang inadvertently entered the lighting industry. The rapid development of the company has made Wu Changjiang deeply aware of the prospects of the lighting industry. He once again moved his mind to resign. Although the boss tried to retain and even gave him the favorable conditions to buy a suite, Wu Changjiang still refused without hesitation. He told the boss straight away: I came to Guangdong to start a business. On a night in midsummer, Wu Changjiang called high school classmates Du Gang and Hu Yonghong. After drinking from the bottom of my house, I talked about the future planning and talked about it. The three decided to change the form of cooperation from helping to co-starting. Wu Changjiang immediately toasted: I have 450,000, accounting for 45% of the shares, and you both out of 550,000, each holding 27.5%. Wu Changjiang did not know the importance of the shareholding structure. Moreover, his economic strength was far superior to that of Du and Hu. If he had to pay 60,000 yuan to make up 51% of the shares, it would be easy. However, in Wu Changjiang’s value system, the controlling interest is not important. The brotherly feelings and the loyalty of the rivers and lakes are the first. Since everyone starts a business together, they cannot lose their brothers. The curse that Wu Changjiang and NVC have been unable to circulate for more than ten years is the agreement that began on this roadside stall. At the end of 1998, Huizhou NVC Lighting Co., Ltd. was established, and since then, all the way has been sung. NVC quickly emerged in the market. First, it created the product recall system that was first implemented in the lighting industry. It won the market reputation and was the first to implement the store model in the industry. It is said that Wu Changjiang spoke to the dealers. He once said: If you want to be really good for the brothers, don't always be small and small. It’s not a fool, you care about him, he can see it. This is the character of Wu Changjiang. He always considers the interests and future of everyone. He always respects the care and management of dealers as employees. Wu Changjiang’s approach is not less than the reprimand of the board of directors. Wu’s commitment to the brothers has also been denied by the board of directors, but he often insists on giving others bonuses and giving stocks. The board disagrees, I give. A partnership with a window can allow a company to gather strength and develop rapidly, and it can also make each other continually affect the company's development. Beginning in 2002, the three founders first made an equity adjustment. From NVC, Wu Changjiang paid 10 million yuan, and the three shares were equal to 33.3%. For the reasons for the equity adjustment, Wu Changjiang's explanation is that the company pays dividends. He is much more than Du and Hu, and the other two are uncomfortable. For this brotherhood, he decided to actively dilute his equity. But perhaps the feelings have been cracked since then, perhaps after three-point world, the industry still only draws the equivalent of NVC and Wu Changjiang. In 2002, Wu Changjiang had no choice but to leave the company and serve as the chairman. Hu Yonghong was the general manager. The shareholders of the initial stage of the business were arguing. The most hurt is the enterprise, but I have no choice. I only use this method. Otherwise, this enterprise will There will be problems. The loss of Wu Changjiang’s NVC problem has been frequent, and the original 100% annual growth has become 50%. Another big problem is that people are distracted, and employees are leaving, hopping, and going out to be bosses. So at the end of 2003, Wu Changjiang returned to the general manager of NVC Lighting. Don't start a partnership with the best friends. This is the classic line of the film "Chinese Partner".