NVC controversies
Controversies tied to this brand in public sources. A listing is not a finding of fault.
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2016
NVC founder Wu Changjiang retried and resentenced to 10 years after initial 14-year term in embezzlement case
In 2016, NVC founder Wu Changjiang was sentenced to 14 years in the first instance for misappropriation of funds and occupational embezzlement; after appeal, the case was remanded for retrial, and in 2021 media reported that the retrial resulted in a 10-year sentence. The entry preserves the judicial changes and does not treat the original 14-year judgment as the final, unchangeable outcome.
2014
NVC governance and control dispute
A dispute involving founder Wu Changjiang, board members and other shareholders became a major governance crisis for NVC Lighting. The conflict affected senior leadership and culminated in Wu's departure from the listed business. Public accounts describe the episode as involving control, management authority and shareholder interests.