Reinventing the Millennium.

Chapter 299 The Unexpected (2 in 1)

Chapter 299 The Unexpected (Two in One)

The night of June 6 was a sleepless night for all parties.

The will of the seven directors in Sina's board of directors was temporarily condensed 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, Sina's board of directors has already received a response to the official letter sent to the SEC, confirming that there is no problem with the acquisition license, but Duan Yongji suppressed it and did not report this matter to the board of directors.

At the same time, he submitted a complaint to the SEC, hoping to have 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 are too far away, and the threat from the other side is already approaching.

He is more of an attack on public opinion. On the one hand, he wants to put pressure on Fang Zhuo himself, and on the other hand, he is also provoking the nerves of the competent authorities. After all, it is impossible for disputes involving the most famous Internet companies 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 Shencheng's relationship to investigate Fang Zhuo's company, trying to attack from another dimension. He has deep doubts about Fang Zhuo's acquisition of Sina shares.

Finally, there is the most extreme method, which is to lead people to quit Sina completely, leaving Fang Zhuo an empty shell, and then create another "Sina".

Duan Yongji has the deepest plan of countermeasures, if the land is lost, all land will be lost;

However, everything depends on the development of the situation, which can be used as a last resort or as a bargaining chip on the negotiating table.

Duan Yongji was attacking Fang Zhuo, and was also observing Fang Zhuo. Under various countermeasures, he believed that it was the common advance and retreat of Sina's middle and senior management that could threaten this suddenly reckless rising star who didn't know how to advance or retreat.

This is extremely important, extremely critical.

At eleven o'clock in the evening, after Duan Yongji finished a lot of arrangements, he waited for CEO Wang Yan in Sina's office.

"Wang Yan, the current situation facing Sina is very dangerous." Duan Yongji stood up and poured tea himself, and wandered around the desk without returning to his seat, "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 the CEO of Sina: "This is a receipt from the SEC, and it has been confirmed that Fang Zhuo has indeed been granted an acquisition approval. It is incredible that others do not know. "

Wang Yan took the official letter, read it carefully, and remained silent.

Duan Yongji could guess Wang Yan's mood. This man has always been called an elite. As a result, he single-handedly introduced Yike Investment and was manipulated by Fang Zhuo. This is a major blow.

He said earnestly: "Wang Yan, now is not the time to blame yourself. If you want to talk about responsibility, we also said at the meeting that I am also responsible. What Sina wants now is unity!"

Duan Yongji continued: "Wang Yan, among so many 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 want to let Fang Zhuo know that he can't bypass the board of directors." Get the complete 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 intentions. The binding of the board of directors and the company's management was enough to make Fang Zhuo afraid. It was a very powerful weapon.

Duan Yongji continued to talk about the arrangements, and he continued to talk until twelve o'clock before ending the communication with the CEO of Sina.

In the early hours of the morning, Wang Yan went downstairs and got into his car without turning the key.

He smoked a cigarette, pondered the content of the communication in the office, and considered how to appease the heads of different departments.

At 12:30, Wang Yan thought about it, and took out his mobile phone to contact his confidant, but he changed his mind temporarily when he saw a name, and dialed the number to the president Mao Daolin.

Wang Yan felt that he should say hello to the immediate boss: "Mr. Mao, are you up?"

The president of the groom, Mao Daolin, gave an "um" and said calmly, "Xiao Wang, what's the matter?"

Although Wang Yan is used to the tone of the president who is in charge of the groom's work, hearing such a "Xiao Wang" in the silent night at this moment suddenly felt very harsh, and even Fang Zhuo politely called himself "President Wang." "!"
In an instant, the dissatisfaction with the direction of Sina, the decentralization of work encountered, and the shackles encountered in daily life all came together, and they did not explode, but they continued to churn in my heart.

Wang Yan said in a calm voice, "Mr. Mao, what do you think of tomorrow's shareholder meeting?"

"Tomorrow will continue as usual, and we will resolutely resist Fang Zhuo's hostile takeover. In addition, Mr. Duan has communicated with you, we have to prepare for the worst to create another Sina." Mao Daolin said with great fighting spirit, "The reason why Sina is Sina is that It’s because of us, not the brand.”

Wang Yan was taken aback, and created another Sina?This is a step further than my own guess about Mr. Duan, and I have never heard him mention such a drastic method.

He breathed out: "Well, Mr. Mao, I feel much more at ease when I hear you say that."

"Don't panic." Mao Daolin instructed, "Sina has me and Mr. Duan at the front, so there is no need to be afraid of anyone."

Wang Yan's phone call ended soon.

He couldn't tell how subtle the feeling in his heart was, he just started the car silently and drove away from Sina headquarters.

In the morning of the next day, Sina held intensive meetings large and small to deal with the possibility of a sudden change, and the atmosphere was quite dignified.

At ten o'clock, an exclusive report from CCTV was broadcast.

Wang Yan has a lot of work on hand today, not only the entrustment from Duan Yongji last night, but also the daily content of Sina.

At [-]:[-], Wang Yan walked out of the office. After walking a few steps, he saw many people whispering, and immediately knew that there was a new situation.

"Mr. Wang, it was Fang Zhuo who was interviewed by CCTV." A colleague gave the answer.

Wang Yan nodded unhurriedly, and returned to the office after setting up the work in a steady pace, and then couldn't wait to find the latest news on the computer.

——Is Sina profitable?
——Is success without profit?
——Sina doesn't know how to make a profit until now, so I'll teach them.

Wang Yan finished the interview expressionlessly.

Half an hour later, he participated in the scheduled board meeting and heard the dismissive ridicule from Duan Yongji and Mao Daolin.

"Huangkou kid, come and teach us how to make money? It's ridiculous."

"This Fang Zhuo is too arrogant." Mao Daolin shook his head again and again, "Do you think this is a gesture, or does he really think so?"

Duan Yongji said with a smile: "Huangkou Xiaoer feels that he has forced a group of veterans to this point, and he is not sure why he is so proud. Who can believe such wild words?"

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 his insights on the development of the Internet.

Especially at the last dinner, Fang Zhuo had a chat with Wang Gaofei, who was in charge of Sina's wireless business, and they had a consensus on the company's recent development, which was also a consensus that his CEO agreed with.

Wireless value-added services must have great development!
But Sina's current direction has not paid enough attention to it.

If Duan Yongji plans to create another Sina, the opportunity for the development of the times may be missed.

Even if Sina is really out of talent, how long will it take for the new Sina to go public?How many opportunities will be missed?

Today is the third day of the "Dongchuang Incident". Wang Yan, who suffered a severe blow because of his unknown identity, has completely woken up. He no longer followed Duan Yongji's footsteps, and began to consider the development of the whole situation from the perspective of Sina.

Regarding Sina's profitability, this has always been a pain point.

Wang Zhidong stepped down because of this last year, but what about Mao Daolin this year?
What's more, there is also the cooperation with Sunshine Culture that he presided over.

Wang Yan frowned slightly listening to the discussion at the meeting.

Suddenly, Duan Yongji answered a call, and announced an unexpected news after the call ended.

"This afternoon's Extraordinary Shareholders' Meeting has been temporarily postponed."

"A leader asked us to sit down and discuss matters, and Fang Zhuo agreed."

Duan Yongji said so.

"The shareholder meeting is postponed? We have nothing to discuss with Fang Zhuo. His only way out is to continue to be his shareholder." Chairman Mao Daolin said, "I think the bottom line that can be accepted is that the board of directors retains his two seats."

Duan Yongji did not speak, and listened to the opinions of other directors.

"Two seats are a bit too many." Director Wu Zheng spoke.

Duan Yongji looked at Wang Yan who seemed to be distracted: "What does Wang Yan think?"

Wang Yan regained his composure, and pondered: "Let's talk about it. Fang Zhuo is a man of fiction. The most important thing is that he does hold a lot of shares. There is not much room for communication in the shareholder meeting these two days. You can have a good chat in the afternoon."

The president Mao Daolin said a little dissatisfied: "Xiao Wang, we have to show a consistent attitude and seek peace through struggle. If we want to talk, we can't go on talking."

Wang Yan did not refute, but only said: "Well, Mr. Mao is right."

Duan Yongji glanced at Wang Yan, listened to the opinions of the two directors, and agreed: "We are willing to retain Fang Zhuo's two seats in principle in the afternoon, but we will never pass his proposal, and we must make him give up unnecessary illusions." .”

All the directors responded, including Wang Yan.

In the blink of an eye, it was three o'clock in the afternoon, and the media reporters who were still squatting at the Sina Extraordinary General Meeting of Shareholders rushed to nothing, and the high-level talks between the two parties were transferred to the meeting room of Sina headquarters.

This is Fang Zhuo's second visit to Sina headquarters. Today he did not bring as many people as he did the previous two days. He only brought two directors of Sina, Feng Bing and Davis, a New York lawyer, Martin, and his assistant Zhao Suqi, who was in charge of recording. .

There are five people on Fang Zhuo's side.

There are seven people on the Sina side.

There are also two counterparts, Director Liu and Deputy Director Li.

Fourteen people sat in the conference room, with two leaders at the head and tail, Sina on the left and Fang Zhuo on the right.

"Today, we don't need to hold a big meeting. Let's have a small meeting, which is also convenient for communication. Don't always magnify the problem under the lens of the media." Director Liu spoke first to set the tone, and let the two sides of the meeting give 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 when I ask a question about the company's major issues. Director Liu, do you think this is too much? Isn't this the legality of shareholders? rights and interests?"

Duan Yongji said directly: "What are you asking? Where are you going with all your thoughts? Fang Zhuo, do you really think everyone is blind?"

Fang Zhuo retorted: "Yes, yes, you are not blind, that's why you happily sold the shares to me, Chairman Duan."

Duan Yongji looked at the leader: "Director Liu, look, this is Fang Zhuo's communication attitude, not to mention anything else, is he too much for his age and mine?"

Director Liu had a headache for a while, and the two of them choked on each other without saying a word.

He smoothed things over: "Communicate, don't be angry with both parties, talk if you can, if you can't talk, I will never stop you from going to the court!"

The leader's words were a bit harsh, Duan Yongji and Fang Zhuo restrained their postures at the same time, and then found the other party's retreat, and they made small calculations together in their hearts.

"Fang Zhuo, I think you understand it yourself." Sina President Mao Daolin, as an important person on the left, said earnestly, "You have never built a portal website yourself, and your focus is on consumer electronics. Why do you have to force Sina to do it? !"

"Mr. Mao, it's because I understand that I can't bear to see Sina going astray." Fang Zhuo said firmly, "It's not that I haven't read Sina's financial report and don't make money. Anyway, you can't do it. Why don't you let me Come and try."

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 not let me do it."

Just as Mao Daolin was about to speak, he suddenly realized what the other party was talking about, and was startled, this is coming towards him?

Fang revealed that this is the most precise request since the shareholders meeting called for re-election of the board of directors.

Duan Yongji suddenly didn't speak, leaving the space to Mao Daolin.

"I think the current Internet needs some rampage. This step of cooperation between Mr. Mao and Sunshine Culture is to pull Sina to the old way. It is nothing more than thinking that since Sina is doing news and media, it should go to offline media. spread."

Fang Zhuo leaned his upper body forward and glanced at the seven directors facing him: "But the Internet is a brand-new way of playing, it needs to be developed, and it needs a younger leader. Mr. Mao is not willing to give it, so I will take it myself."

Mao Daolin was startled and furious, he had no idea that the firepower would suddenly focus on him, this was the malice he had never shown in the previous two days.

Fang Zhuo stretched out his hand for the teacup, and looked at Wang Yan calmly.

Wang Yan didn't make any eye contact, and turned his head to see the response from President Mao Daolin.

So face-to-face denial of work, so face-to-face blunt staleness, is a naked blow.

However, not everyone was able to pounce on the spot like Fang Zhuo and bite back. Mao Daolin froze on the spot for half a minute without saying a word.

Co-chairman Duan Yongji's fury came long after, and he scolded: "Fang Zhuo! You are delusional! Who do you think you are? Want to be the president of Sina? It's just that you started by defrauding venture capital!"

Fang Zhuo suddenly said, "Duan Yongji, do you have a relationship with Sunshine Culture!"

"How can a person who defrauds venture capitalists deserve to be here!" Duan Yongji angrily.

"Do you still have the face to engage in benefit transfer?" Fang Zhuo sneered.

"Do you really think that others are ignorant of your scandal in Shencheng?" Duan Yongji couldn't hide his indignation.

"How much did Sunshine Culture pay you?" Fang Zhuo patted the table and stood up straight away.

In a blink of an eye, the meeting room was full of thunder and thunder.

Director Liu in the chief seat was stunned, Duan Yongji was in his right ear, and Fang Zhuo was in his left ear. It was either a fraudulent venture capital investment or some kind of profit transfer.

He couldn't help but want to call the police after hearing two sentences.

"All right!"

Director Liu stopped it loudly: "Can you still talk!"

Fang Zhuo reached out and took the documents in front of Davis, and threw them on the table for the third time on the third day: "Wait for the dissolution, let's not talk about it. Director Liu, you have seen it too, there is no way to talk about it, shareholders apply for dissolution company."

"Sina is waiting to be disbanded."

Fang Zhuo got up and left the stage without the slightest nostalgia.

Director Liu was stunned, Duan Yongji snorted coldly, Mao Daolin was angry, and the directors condemned, but Wang Yan suddenly felt a little bit of treachery.

 There are two more chapters.

 
(End of this chapter)

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