Troubled NVC Lighting Hit by Wave of Resignations

(Beijing) – Senior executives are quitting one after another from NVC Lighting Technology Corp., indicating a rift between senior management and the board of directors.

Liu Shuanglong, general manager of an NVC subsidiary in Zhejiang Province, resigned on August 16, the third senior member of management to quit since August 14.

"Without former CEO and chairman Wu Changjiang, NVC is like a ship with no captain," Liu wrote in a resignation letter.