Reinventing the Millennium
Chapter 299 Turbulent Clouds (Two in One)
The night of June 23rd was a sleepless night for everyone.
The will of the seven directors on Sina's board of directors was temporarily united by Duan Yongji, but he really knew one thing. Fang Zhuo had actually obtained more than 1/3 of the shares.
This is troublesome.
In fact, the official letter sent by Sina's board of directors to the SEC has received a response, confirming that there is no problem with the acquisition permit, but Duan Yongji suppressed it and did not report the matter to the board of directors.
At the same time, he submitted a complaint to the SEC, hoping for a procedural counterattack.
Duan Yongji did not place all his hopes on the SEC's procedures. The institutions on the other side of the ocean were too far away, and the threat from the other side was already approaching.
He is more launching public attacks. On the one hand, he wants to put pressure on Fang Zhuo himself, and on the other hand, he is also stirring up the nerves of the competent authorities. After all, it is impossible for a dispute involving the most famous company on the Internet not to attract attention.
However, Director Liu and Fang Zhuo's handshake at the venue lowered their hopes by two points.
In addition, Duan Yongji is also looking for connections in Shanghai to investigate the company where Fang Zhuo started, trying to attack from another dimension. He has deep doubts about Fang Zhuo's funds for acquiring Sina shares.
Finally, there is the most extreme method, which is to take people out of Sina completely, leaving Fang Zhuo with an empty shell, and then create another "Sina".
Duan Yongji has the most profound counterattack plan. If he saves the land and loses the people, he will lose both the people and the land. If he saves the people and loses the land, he will save both the people and the land.
However, everything depends on the development of the situation. This can be used as a last resort or as a bargaining chip on the negotiation table.
Duan Yongji was attacking Fang Zhuo and also observing Fang Zhuo. After various responses, he believed that the only thing that could threaten this sudden and reckless rising star who did not know how to advance or retreat was the joint advancement and retreat of Sina's middle and senior management.
This is extremely important and critical.
At eleven o'clock in the evening, Duan Yongji had finished making many arrangements and was waiting for CEO Wang Yan in Sina's office.
"Wang Yan, the situation Sina is currently facing is very dangerous." Duan Yongji stood up to pour the tea himself, without returning to his seat, and just lingered by the desk, "Wang Yan, we should prepare for the worst."
Wang Yan concentrated.
Duan Yongji stopped, picked up a reply letter on his desk, and handed it to Sina CEO: "This is the SEC's receipt. It has been confirmed that the acquisition permission was indeed issued to Fang Zhuo. It's incredible that others don't know yet. "
Wang Yan took the official letter and read it carefully, silently.
Duan Yongji could guess Wang Yan's mood. This man was always called an elite. As a result, he single-handedly introduced Yike Investment and was manipulated by Fang Zhuo. This was a major blow.
He said earnestly: "Wang Yan, now is not the time to blame yourself. When it comes to responsibility, we also said it at the meeting. I also have a responsibility. What Sina wants now is to unite as one!"
Duan Yongji continued: "Wang Yan, among all the people in Sina, I trust you the most and value you the most. You must appease the heads of various departments in the company. Now you need to let Fang Zhuo know that he can't bypass the board of directors." Get the full Sina!”
Wang Yan put down the official letter and nodded slowly.
He thought about the meaning of these words and vaguely guessed Mr. Duan's intention. The binding of the board of directors and the company's management was enough to make Fang Zhuo afraid. This was a very powerful weapon.
Duan Yongji continued to talk about the arrangements, and the conversation lasted until twelve o'clock before ending the communication with Sina CEO.
In the early morning, Wang Yan walked downstairs and got into his car without turning the key.
He smoked a cigarette and thought about the communication in the office and how to appease the heads of different departments.
At half past twelve, Wang Yan thought about it and took out his mobile phone to contact his confidants. However, he saw a name and temporarily changed his mind and dialed the number to President Mao Daolin.
Wang Yan felt that he should say hello to his immediate boss: "Mr. Mao, are you awake?"
Mao Daolin, the groom's president, said "hmm" and said lightly: "Xiao Wang, what's the matter?"
Although Wang Yan was used to the tone of the CEO who was in charge of all groom affairs, hearing such a "little wow" in the silent night suddenly felt very harsh. Even Fang Zhuo politely called himself "Mr. Wang." "!
In an instant, dissatisfaction with the direction of Sina's progress, the decentralization of work encountered, and the shackles encountered daily all came together. They did not explode but kept tumbling in my heart.
Wang Yan said in a calm voice: "Mr. Mao, what do you think of tomorrow's shareholders' meeting?"
"It will be business as usual tomorrow. We will resolutely resist Fang Zhuo's hostile takeover. In addition, Mr. Duan has communicated with you. We must make the worst plan to create another Sina." Mao Daolin said with great fighting spirit, "The reason why Sina is Sina, then It’s because of us, not the sign.”
Wang Yan was stunned, and created another Sina? This is a step further than my guess about Mr. Duan, and I haven't heard him mention such drastic measures.
He took a breath and said, "Well, Mr. Mao, hearing you say that makes me feel much more at ease."
"Don't panic." Mao Daolin instructed, "Sina has Mr. Duan and I carrying it in front, so no one has to be afraid."
Wang Yan's phone call ended quickly.
He couldn't tell how subtle his feelings were. He just silently started the car and drove away from Sina's headquarters.
The next morning, Sina held meetings of various sizes to deal with the possibility of sudden changes, and the atmosphere was quite solemn.
At ten o'clock, the exclusive report from CCTV was broadcast.
Wang Yan has a lot of work on hand today, not only the instructions from Duan Yongji last night, but also the daily content of Sina.
At 10:15, Wang Yan walked out of the office. After taking a few steps, he saw many people whispering, and he immediately knew that a new situation had arisen.
"Mr. Wang, it was Fang Zhuo who was interviewed by CCTV." A colleague gave the answer.
Wang Yan nodded unhurriedly, and after finishing his work in a steady pace, he returned to the office, and then he couldn't wait to use his computer to find the latest news.
——Is Sina profitable?
——Is it called success if there is no profit?
——Sina has grown to this day and still doesn’t know how to make a profit. Let me teach them.
Wang Yan watched the interview with a blank expression.
Half an hour later, he attended the scheduled board meeting and heard dismissive ridicule from Duan Yongji and Mao Daolin.
"Huangkou kid, come and teach us how to make a profit? That's ridiculous."
"This Fang Zhuo is too arrogant." Mao Daolin shook his head repeatedly, "Do you think this is a posturing, or does he really think so in his heart?"
Duan Yongji smiled and said: "Huangkou kid feels that he has forced a group of old Jianghu to do this, and he is not sure how proud he is. Who can believe such nonsense?"
Most directors nodded.
Wang Yan took a sip of tea noncommittally. Among the people present, he was the only one who had the most contact with Fang Zhuo and knew this man's views on the development of the Internet.
Especially at the last dinner party, Fang Zhuo had a heart-to-heart talk with Wang Gaofei, who is in charge of Sina's wireless business, and they had a consensus on the company's recent development, which was also a consensus that he, the CEO, agreed with.
Wireless value-added services must have great development!
But Sina's current direction has not paid enough attention to it.
If it were to create another Sina as Duan Yongji planned, the opportunity for development of the times would have been missed.
Even if Sina really has all its talents, how long will it take for the new Sina to go public? How many opportunities will be missed?
Today is already the third day since the "Dongchuang Incident". Wang Yan, who suffered a major blow due to his unclear identity, has completely sobered up. He no longer follows Duan Yongji and begins to consider the development of the entire situation from Sina's perspective.
Regarding Sina's profitability, this has always been a pain point.
Wang Zhidong stepped down because of this last year. What about Mao Daolin this year?
Not to mention the cooperation with Sunshine Culture that he hosted.
Wang Yan frowned slightly while listening to the meeting discussion.
Suddenly, Duan Yongji answered a phone call, and after the call ended, he announced an unexpected news.
"This afternoon's extraordinary general meeting is temporarily postponed."
"A leader asked us to sit down and talk, and Fang Zhuo agreed."
Duan Yongji said so.
"The shareholders' meeting is postponed? We have nothing to talk about with Fang Zhuo. His only way out is to continue to be his shareholder." President Mao Daolin said, "I think the acceptable bottom line is that the board of directors still retains his two seats."
Duan Yongji said nothing and listened to the opinions of other directors.
"Two seats are a bit much." Director Wu Zheng said.
Duan Yongji looked at Wang Yan, who seemed a little distracted: "What do Wang Yan think?"
Wang Yan came back to his senses and said thoughtfully: "Let's talk about it. Fang Zhuo is a person who is both fictitious and real. The most important thing is that he does hold a lot of shares. There is no room for communication at the shareholders' meeting these two days. We can have a good chat in the afternoon."
President Mao Daolin said a little dissatisfied: "Xiao Wang, we have to adopt a unified attitude and seek peace through struggle. If we think about chatting, we won't be able to continue chatting."
Wang Yan did not refute, only said: "Well, what Mr. Mao said makes sense."
Duan Yongji glanced at Wang Yan, listened to the opinions of the two directors, and agreed: "In principle, we are willing to retain Fang Zhuo's two seats this afternoon, but we will never pass his proposal to make him give up his useless illusions." .”
All the directors responded, including Wang Yan.
In the blink of an eye, at three o'clock in the afternoon, the media reporters who were still squatting at Sina's extraordinary shareholders' meeting rushed to the empty space, and the high-level discussions between the two parties were moved to the conference room of Sina's headquarters.
This is Fang Zhuo’s second visit to Sina’s headquarters. Today he did not bring as many people as he did two days ago. He only brought two Sina directors, Feng Bing and Davis, a New York lawyer Martin, and the assistant in charge of records, Zhao Suqi. .
Fang Zhuo has five people on his side.
Sina has seven people.
There are two other counterparts, Director Liu and Deputy Director Li.
There were fourteen people sitting in the conference room, headed by two leaders, with Sina on the left and Fang Zhuo on the right.
"Today, we don't have to hold a general meeting. Let's hold a small meeting. This will also facilitate communication and don't always magnify the problem under the lens of the media." Director Liu spoke first to set the tone, so that both parties in the talks would give this face.
Fang Zhuo was the first to support: "Of course I am willing to communicate. The problem is that as a shareholder, I can't get an answer even if I ask about the company's major issues. Director Liu, do you think this is too much? Isn't this the legal right of shareholders? rights and interests?"
Duan Yongji said directly: "What are you asking? What are you thinking about? Fang Zhuo, do you really think everyone is blind?"
Fang Zhuo retorted: "Yes, yes, you are not blind, so you happily sold your shares to me, Chairman Duan."
Duan Yongji looked at the leader: "Director Liu, look, this is Fang Zhuo's communication attitude. If nothing else, is he too much for his age and mine?"
Director Liu had a headache, and before he could say a few words, the two of them choked.
He tried to smooth things over: "Communicate and communicate. Don't be angry on both sides. Let's talk if we can. If we really can't, I will never stop you from going to the court!"
The leader's words were a bit tough. Duan Yongji and Fang Zhuo invariably restrained their posture. Then they noticed the other's withdrawal and started making small calculations in their minds.
"Fang Zhuo, I think you understand it yourself." Sina President Mao Daolin, as an important figure on the left, said earnestly, "You have never built a portal yourself, and your focus is on consumer electronics. Why do you have to force Sina to do this? You are fooling around. !”
"Mr. Mao, just because I understand, I can't bear to see Sina go astray." Fang Zhuo said firmly, "It's not like I haven't read Sina's financial report. If it doesn't make money, you can't do it anyway, so you might as well let me Come try it.”
This sentence is calm, but the more it is like this, the more helpless it is. Can this be tried casually?
Fang Zhuo continued: "I am still very confident in the Internet. Since Mr. Mao is not good at it, why don't I do it."
Just as Mao Daoling was about to speak, he suddenly realized what the other person was saying, and was suddenly startled. Was this coming towards him?
Fangs bared, this is the most precise demand since the shareholders meeting to re-elect the board of directors.
Duan Yongji suddenly didn't speak, leaving space for Mao Daolin.
"I think the current Internet needs some bold moves. This step of cooperation between Mr. Mao and Sunshine Culture is to pull Sina towards the old style. It is nothing more than the feeling that since Sina is doing news and media, it must go to offline media. spread."
Fang Zhuo leaned his upper body forward and glanced at the seven directors opposite: "But the Internet is a completely new way of playing. It needs to be developed and needs a younger leader. If Mr. Mao is not willing to give it, then I will get it myself."
Mao Daolin was shocked and angry. He didn't expect the firepower to suddenly focus on him. This was a malice he had never shown in the past two days.
Fang Zhuo reached for the teacup and looked at Wang Yan calmly.
Wang Yan didn't make eye contact and turned his head to see CEO Mao Daolin's response.
It was a naked blow to be so in-your-face about denying the work, so in-your-face about the staleness.
However, not everyone can pounce on him and bite him back like Fang Zhuo. Mao Daolin was stunned for half a minute without saying a word.
Co-chairman Duan Yongji was belatedly angry and scolded: "Fang Zhuo! You are wishful thinking! Who do you think you are? You still want to be the president of Sina? You just started by defrauding venture capital!"
Fang Zhuo suddenly said: "Duan Yongji, do you and Sunshine Culture have any interests?"
"How does a person who defrauds venture capital deserve to be here!" Duan Yongji shouted angrily.
"Do you still have the face to engage in profit transfer?" Fang Zhuo sneered.
"Do you really think that others are blind to the scandalous thing you did in Shanghai?" Duan Yongji couldn't hide his indignation.
"How much did Sunshine Culture give you?" Fang Zhuo slapped the table and stood up directly.
In the blink of an eye, spring thunder exploded in the conference room and the meeting room became noisy.
Director Liu, who was in charge, was confused. Duan Yongji was in his right ear and Fang Zhuo was in his left ear. It was either a fraudulent venture capital or some kind of profit transfer.
He couldn't help but want to call the police after hearing two sentences.
"alright!"
Director Liu stopped him loudly: "Can you still talk?"
Fang Zhuo reached for the document in front of Davis and threw it on the table for the third time on the third day: "Let's wait for the dissolution. Let's not talk about it. Director Liu, you also saw that there is no way to talk about it. The shareholders applied for dissolution." company."
"Sina is waiting to be disbanded."
Fang Zhuo stood up and left the stage without any hesitation.
Director Liu was stunned, Duan Yongji snorted, Mao Daolin was angry, the directors condemned, but Wang Yan suddenly felt a little bit of something strange.
Two more chapters.
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