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Wang Donglei announced the ruling of the Chongqing High Court, ruling that Wu Changjiang violated the law

As of yesterday, September 19, the battle between Wu Changjiang and Wang Donglei has made new progress. According to Wang Donglei: Everyone must respect the law! The assets of listed companies cannot be misappropriated by criminals. The Chongqing High Court has officially ruled that Wu Changjiang illegally embezzled the assets of listed companies. And attach the original award. It is also reported that after the recent "NVC incident", NVC Lighting Holdings Co., Ltd. Huizhou base has resumed normal production.
Based on the latest news from all parties, the battle between Wu Changjiang and Wang Donglei has made new progress. According to the latest news from Wang Donglei’s Weibo, the Chongqing High Court has officially ruled that Wu Changjiang cannot embezzle the assets of listed companies, and has seized and sealed the financial seal of NVC Lighting (China) Co., Ltd.; seized and sealed Wu Changjiang’s private seal. Wang Donglei said on Weibo: "Everyone must respect the law! The assets of listed companies are not allowed to be misappropriated by lawless people."

1. What is announced is a "litigation preservation" ruling, not a judgment!
In this regard, netizens believe: "What Wang Donglei announced is not a judgment, but a "litigation preservation" ruling. It is also a measure to prevent Wu from transferring larger assets in NVC's lawsuit against Wu for misappropriation of property of a listed company. In the past few days, the Wanzhou factory is probably buying raw materials on credit and then shipping them with IOUs, and the assets that come in and out will be borne by the listed company in the future. This is also a behavior that Wu is now indirectly damaging the property of the listed company!"
"The interests of dealers and shareholders are related. When dealers make money, shareholders also make money. There is no need for dealers to rebel against the board of directors. Some management and employees express their "loyalty" righteously. To put it bluntly, this is the deep-rooted servile thinking of some Chinese people. A person cannot live for his master, but for himself. A NVC employee should respect the law, understand the overall situation, and put the long-term development of the company first, rather than acting out of loyalty." Some comments said so.
 
 2. The ruling only freezes the NVC account and preserves assets!
"This ruling only freezes NVC accounts to preserve assets. The Wanzhou factory is the property of NVC, but it is currently out of control. It is estimated that the government is currently in custody. Wanzhou shipments, in this special period, must be delivered to the account or have a clear contract.
If Wu Changjiang really loves NVC and wants to make his own decisions, it is very simple, go to the market to buy back shares." Some netizens said, "There are still some Confused, please ask insiders for answers: Are the Wanzhou factory and the Chongqing company in the same entity? How does the Wanzhou factory maintain its operating cash flow? If the Chongqing company's account is frozen, how does the Wanzhou factory ship the goods? If the dealer purchases the goods from the upstream, what about the account period? "
 
" The editor also has the same doubts and looks forward to NVC Lighting's official answer.
It is also reported that due to the strong support and cooperation of the NVC Lighting Huizhou temporary headquarters of various operation centers, from the official operation on August 20 to today, in nearly a month, the NVC Lighting Huizhou base has gone from a hurried and chaotic state to order receiving and shipping operations. Starting from the 16th of this month, the single-day order volume exceeded 20 million, and the single-day shipment volume exceeded 12 million.
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