Wu Changjiang was arrested in April but has not been charged, and his detention may be delayed due to the complexity of the case.

It has been four months since his arrest, and there is still no news of Wu Changjiang, the former CEO of NVC Lighting, being prosecuted. Due to the relevant legal provisions on the detention period, the case has been overdue. What is the reason for this to attract attention. Wang Donglei, chairman of NVC Lighting, did not respond to this issue on the investor relations interactive platform today. A person close to the case said the case would be delayed.

On August 8 last year, NVC Lighting announced the dismissal of Wu Changjiang as CEO. On August 29, NVC Lighting held an extraordinary general meeting of shareholders in Hong Kong. More than 95% of shareholders voted to remove Wu Changjiang from his position as director and his position in any board committee. Wu Changjiang was arrested on January 12, 2015 due to illegal mortgage and other activities.

According to my country's Criminal Procedure Law, the investigation period of the public security organs in criminal cases is 2 months from the approval of arrest. For difficult and complex cases, you can apply for an extension. The case is sent to the procuratorate for review and prosecution, and the time limit is one month. However, if the procuratorate believes that the facts of the case are unclear, it can be returned for supplementary investigation. The supplementary investigation time is 1 month. If the case is complicated, it can be extended with approval.

A person close to the case said that because new evidence is involved, the case is more complicated and the case will be further investigated.

Wu Changjiang’s defense lawyer in this case, Xiong Zhi of Beijing Beidou Dingming Law Firm, told reporters that he is currently in the United States and has not received a notice from the court about the hearing.

According to the annual report, NVC Lighting’s net profits in the past three years were 545 million yuan, 08 million yuan, and 282 million yuan. Wang Donglei said that NVC Lighting’s 2014 audited performance report will be announced after the board of directors’ review on May 13. Judging from the latest information, NVC Lighting’s operating performance will not change significantly.

In addition, according to information, the 130 million shares of Dehao Runda held by Wu Changjiang have been frozen by the Zhuhai Intermediate People's Court of Guangdong Province, the Intermediate People's Court of Huizhou City, Guangdong Province, and the Chongqing Higher People's Court. Deng Fei, secretary of the Board of Directors of Dehao Runda, said that in this regard, NVC Lighting has initiated multiple legal procedures.