In response to recent speculation in some press reports concerning an investigation by the Chinese authorities into its former CEO and chairman, Wu Changjiang, NVC Lighting Holding (HKG:2222) said that the current speculation, if true, will have an adverse impact on the company and its reputation.
The company's board of directors is therefore investigating what implications, if any, the alleged investigation of Wu or any related matters might have for the company. The board plans to update the market if and when required in accordance with the Listing Rules.
Source:chinesestock.org