Wu Changjiang’s 130 million shares will be frozen by the judicial waiting list

The "Rares dispute" has long since ended, but the subsequent impact is still fermenting. Dehao Runda announced on the afternoon of April 11 that the company was inquired by China Securities Depository and Clearing Co., Ltd. Shenzhen Branch that the company’s shares held by Wu Changjiang, a company holding more than 5% of the shares, were held by Chongqing Nan'an District People's Court (2015 South). The law of the People's Republic of China No. 12232) The judicial waiting list is frozen, waiting for the number of 130 million shares to be frozen. The date of entrustment is March 18, 2016, and the waiting period is 36 months. The shares of Dehao Runda held by Wu Changjiang were frozen several times.

According to the announcement, Wu Changjiang holds 130 million shares of the company, accounting for 9.31% of the total share capital of 1.396 billion shares. Before the judicial waiting for the freeze, Wu Changjiang’s shareholding in Dehao Runda has been frozen several times. It is understood that from September 2014 to April 2015, the 130 million shares held by Wu Changjiang have been successively met by the Zhuhai Intermediate People's Court of Guangdong Province, the Chongqing Higher People's Court, the Huizhou Intermediate People's Court of Guangdong Province, and Chongqing. The Municipal First Intermediate People's Court conducted several judicial freezes.

In 2014, the "RLS seized power incident" was shackled by Wu Changjiang, and Wang Donglei ended up with full control of NVC lighting. However, this incident also has a profound impact on NVC and Dehao. Dehao Runda's first-quarter results announcement shows that the company expects a loss of 70 million yuan to 90 million yuan in the first quarter, a year-on-year loss, compared with a loss of 93,229,300 yuan in the same period last year. Dehao Runda said that due to fierce competition in the LED industry, the price of LED chips and lighting products is still at a low level, leading to a loss in the company's performance.

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