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The remnants of NVC’s infighting for many days have come to an end, but the impact of this incident has spread to the entire industry. Some lighting companies broke the news to reporters. At the same time as NVC's internal fighting, LED companies have already digged the NVC dealers, and the already fierce industry channel war has further intensified. Industry experts said that NVC infighting makes the industry's lighting to benefit the fishermen, the industry pattern is reborn, and the LED industry may face a reshuffle. Last Friday, at a general meeting of shareholders held in Hong Kong, NVC Lighting passed a resolution to remove Wu Changjiang's directorship and his position in any of the company's board committees. This indicates that Wu Changjiang, the founder of NVC Lighting, was completely cleaned from NVC lighting. In addition, while NVC is in a state of trouble, competitors secretly take advantage of the opportunity to expand their strength. The industry generally believes that last year and this year is the channel construction year for the LED industry. Many lighting companies regard the preemption channel as a top priority. NVC's infighting gives competitors an opportunity to speed up the layout. It is reported that many of the same industry lighting companies have begun to dig corners of NVC's dealer team. The reporter was informed that Qinshang Optoelectronics (002638, shares it) publicly recruited NVC's dealer team and opened very attractive conditions. According to industry insiders, the entire lighting industry has come to a critical period of transition from traditional lighting to LED lighting. The unstable state of NVC in the past two years has given the competitors a chance to catch up, and the LED industry may face a reshuffle. If NVC can't adjust quickly, it even faces the risk of falling behind.
March 15, 2023