Chapter 1210 The Real Major Shareholder (4k)

SMIC's iron triangle is not very stable.

Wang Ningguo, Yang Shining, Ji Kefei, these three are people who have been immersed in the industry for decades.

After confirming that there would not be too many problems with the number of votes in the board of directors, Fang Zhuo thought about how to deal with this chief technology officer who was very close to the major shareholder, and even considered whether to transfer someone from Bingxin.

In the end, after going through the list of Bingxin's senior executives in his mind, he was still reluctant to give up and planned to keep him.

Whether it is Wang Ningguo or Yang Shining, this is not just a name, but the employees and teams behind them who support their opinions. This is a factor that must be considered when dealing with it.

The iron triangle is unstable, and it is not appropriate to reduce one corner, so let Bingxin add another corner from the outside and use technical cooperation to ease internal conflicts.

Today, Zhang Rujing and Jiang Shangzhou, who originally agreed to help Bingxin technology, are no longer in SMIC, but their decision took a detour many years later, making Fang Zhuo willing to provide such help under this circumstance.

The four industry leaders joined forces to show up, and Yang Shining changed his mind.

Fang Zhuo struck while the iron was hot and invited Wang Ningguo, Yang Shining, Ji Kefei, Chen Liwu and others to a banquet the next day, laying out the matter on the table and making it clear.

Although the public solicitation of voting rights has not yet begun, the current situation is already quite clear. Unlike the previous chaotic situation, everyone can calmly talk about their views on the development of SMIC.

Wang Ningguo and Yang Shining were still twisted when they met face to face, but under the topic of the future rather than the past, everyone barely maintained communication.

Fang Zhuo did not think that SMIC's internal affairs could be straightened out in a short period of time, but he believed that as long as there was progress in technology and as long as they could really do things, these people would be able to self-regulate and seize opportunities.

In addition to reconciling the top management, this meeting also discussed the balancing function of the internal supervisory board.

After all, Fang Zhuo did not choose to merge the two cores. He would consider increasing his holdings, but he did not want SMIC to have similar problems frequently in the future. Therefore, he now hopes that the supervisory board can play its original institutional function and make the balance of management and operation more solid.

From the perspective of SMIC, externally, we should conduct deeper cooperation with companies with more advanced technologies, and internally, we should suppress the intervention of major shareholders, reconcile factional conflicts, and improve the functions of the mechanism.

Fang Zhuo felt that as long as the final interim shareholders' meeting was completed, the turmoil in SMIC could be basically digested.

As long as SMIC continued to develop, although it failed to form a fist, the driving effect of the upstream and downstream industries would definitely be better.

On the night of the banquet for SMIC's senior management, Fang Zhuo went home and kept talking to Zhang Rujing, the former head of SMIC, in the study room, talking about the current situation and his own ideas.

On the one hand, Zhang Rujing felt very comforted that the storm was gradually under control, and on the other hand, he was a little curious: "Mr. Fang, if these four people did not shock Yang Shining, how do you plan to deal with it?"

"Hey, Yang Shining is capable." Fang Zhuo smiled, "but I actually have a little trick that I haven't used yet."

Zhang Rujing waited for the next step.

"He wants to make progress and have more say. SMIC can also set up a co-CEO." Fang Zhuo said, "Aren't co-CEOs also CEOs?"

Zhang Rujing suddenly realized: "That's what Qiu Ciyun and Liang Mengsong of your Bingxin did."

Bingxin CEO Qiu Ciyun and co-CEO Liang Mengsong appeared in front of Yang Shining this time, but they saw the other party's change of heart before they showed their identities.

"Bingxin also has similar problems, but it is better overall. After all, it has been isolated from other shareholders from the beginning." Fang Zhuo said so.

Zhang Rujing sighed: "Mr. Fang, you have rich experience."

He has been in touch with Mr. Fang since his old friend passed away. After the company's turmoil, he was particularly concerned and helped in a side way. In the past few days, he found that Mr. Fang was really... extremely calm and clear in dealing with problems.

In terms of off-site factors, entering Beijing at night also demonstrated Bingxin's progress.

In terms of the power struggle in the board of directors, it was just a dream to return to Sina and try again.

On bridging internal differences and using technology and development to resolve contradictions.

If we look back at Mr. Fang's career, his ideas for handling this time can be traced, but such an orderly combination... It seems particularly skilled and confident.

Zhang Rujing continued to praise: "In ancient times, there was a butcher who cut up an ox, and now there is Mr. Fang who fixes the chip."

"Haha, it's not easy to hear Mr. Zhang say so sincerely." Fang Zhuo laughed.

Zhang Rujing sighed: "Who made it founded by me?"

This storm of SMIC is probably the most painful for Zhang Rujing, the founder who resigned helplessly.

Fang Zhuo comforted: "Everything will be fine."

Zhang Rujing suddenly became a little worried: "I don't know what will happen to your proxy voting rights, and the only thing left is the vote of the shareholders' meeting."

The time for public solicitation is 3 consecutive days starting from the 9th, which means that the signs can be seen the day after tomorrow. If it is not ideal, Datang will not be willing to lie dormant.

Fang Zhuo had to say calmly when he heard such a question: "Mr. Zhang Rujing, do you know what a leader is?"

What is a leader?

Before the announcement time, many shareholders and shareholder representatives went straight to Zhangjiang where SMIC is located, and some went directly to the Yike headquarters.

When the announcement time came, at 9 o'clock in the morning, the conference room dedicated to registration and verification procedures was crowded.

——Fill in the "Authorization Form for Public Solicitation of Voting Rights by SMIC Shareholder Fang Zhuo".

——Submit the power of attorney signed by yourself and other relevant documents to the board of directors office.

——SMIC verifies that the documents are valid and performs statistics.

——Also, even if the voting rights are entrusted, you can still attend the extraordinary general meeting of shareholders in person.

When the procedural process was completed, many shareholders immediately made a decision after hearing the final explanation and attended the meeting in person. Because there were too many such decisions, the secretary of the board of directors office had to remind them that the voting rights had been authorized. …

The voting rights have been authorized. If you don’t hurry back, why do you want to attend the meeting one after another?

The secretary got a very similar answer.

"It's all here."

You are here, voting is voting, watching the excitement is watching the excitement, these are two different things.

The response for three consecutive days was very enthusiastic. When this situation reached the ears of Datang, he couldn't help but feel even more uneasy. He then directly asked about the results of this public collection, and the response he received was "under statistics."

Counting, counting, counting, it’s time for the Extraordinary General Meeting of Shareholders on the 15th.

It is still held here at SMIC.

At 8:30 in the morning, Gao Yonggang and other representatives of major shareholders, who were still directors, arrived at the conference room where the meeting was held and found that there were already many people here.

Gao Yonggang became increasingly pessimistic about the outcome.

However, his face remained calm.

The company has done some work since the last board meeting. The boss above is very angry about the resolution of this meeting. They have exerted extra pressure and have cooperated with each other.

If judged by convention, there is no chance.

Regardless of public opinion, regardless of popular sentiment, regardless of the outcry, the shareholders' meeting depends on the votes in their hands. Those people are not shareholders. No matter how they have opinions, they must abide by the legally binding voting results.

However, when he actually sat at the scene, Gao Yonggang suddenly realized one thing. This was the same for himself, and he had to follow the voting results...

After a while, there were more people in the conference hall, and company executives gradually walked in.

However, Gao Yonggang quickly discovered that the seats next to him were vacant. Those shareholders, shareholder representatives, and company executives passed by without any intention of filling the vacancies.

Gao Yonggang whispered to Chen Shanzhi who was traveling with him: "The situation is not good. There are many more people coming today than last time."

Chen Shanzhi said a little irritably: "Hurry up and start investing. Invest early and finish early. It's as if we didn't get real money."

Gao Yonggang frowned and nodded, yes, Datang is the major shareholder, and it is really too... wild for Mr. Fang to do this now.

At 9 o'clock, half an hour before the start of the meeting, Liang Jiade, who voted on behalf of the third largest shareholder Taiwan Secretary, also arrived at the conference hall. After being surprised by the number of participants, he walked towards where Datang was sitting.

This move undoubtedly marks the alliance between the largest shareholder and the third largest shareholder at this shareholders' meeting.

Quite a few people frowned. Datang has 16.83% of the equity and Taiji has 8.04% of the equity. The two together account for 24.87%. Today, shareholders holding at least 49.74% of the total equity are required to participate in the vote. There is hope that the bill will be passed.

At the same time, it is not ruled out that there are still other small shareholders who support Datang, and the potential threshold and requirements will become higher.

There were whispers in the conference hall. Major shareholders have always had great influence on the company. If this extraordinary shareholders' meeting fails, I am afraid that SMIC's storm will continue to blow in other directions.

At 9:15, 15 minutes before the start of the conference, Fang Zhuo, SMIC’s fifth largest shareholder, opened the door and walked into the conference hall.

As soon as he appeared, the air seemed to be stirred up by the door, and many people stood up one after another.

"Mr. Fang is here!"

"Mr. Fang is here!"

"Mr. Fang, Mr. Fang, I give you the right to vote!"

The sound in the entire conference hall suddenly became louder, and everyone's eyes turned over. Behind Fang Zhuo were CEO Wang Ningguo and CTO Yang Shining, two top management executives who were said to have deep rifts.

"Did they come with Mr. Fang?"

"The relationship has been repaired, otherwise why would I have been nominated!"

"Okay, okay, if the two of them can hold on, even if the vote fails this time, it won't be easy for Datang to interfere!"

Fang Zhuo, Wang Ningguo, and Yang Shining appeared together, which was a signal.

Chen Shanzhi from Datang looked at this scene and the sudden warm atmosphere in the conference hall, and said even more irritably: "Mr. Gao, you stay here first, I will go out to smoke a cigarette."

Gao Yonggang did not give up his seat, but said with a wry smile: "We may not fail yet, there are still people behind us."

Chen Shanzhi frowned and said, "I just want to smoke."

"Here we come, our people are here." Gao Yonggang turned around and saw the small shareholders he had contacted, and his spirits were lifted.

Mr. Fang is not the only one who can find people, Datang can also find people!

At the last moment of the meeting, some people sat down sporadically in the sparse seats in the Datang conference hall. Just as the reporter was just one person exercising his voting rights, this kind of meeting did not require so many people.

At 9:30, SMIC Chief Operating Officer Ji Kefei came to preside over the meeting and was responsible for reading out and performing the necessary procedures.

He was speaking on the stage, but there was a call coming in from Fang Zhuo's cell phone.

Chen Liwu, who was sitting next to him, was very nervous. Seeing Mr. Fang hang up the phone after chatting for a few words, he couldn't help but ask: "Mr. Fang, who called me?"

"Oh, the call from Japan has nothing to do with the meeting." Seeing Chen Liwu's solemn look, Fang Zhuo smiled and said, "Don't worry, the result has been decided, what else do you have to worry about."

Ji Kefei read out the document, read out four motions, and immediately began to vote on the first motion - "The motion to remove Mr. Gao Yonggang from the position of director of the Board of Directors."

He announced the start of voting at 9:41.

Fang Zhuo raised his hand at 9:41:50 and was the first to vote.

He stood up, turned back to face the eyes of shareholders and executives in the conference hall, and said: "This is the motion I proposed. On behalf of myself and the shareholders who entrusted me with voting rights, I support the removal of Mr. Gao Yonggang." directorship."

Fang Zhuo looked at Gao Yonggang with a serious expression on the other side and announced: "The total equity is 51.6%."

Gao Yonggang met Mr. Fang's gaze in confusion, then looked sideways at Chen Shanzhi next to him in shock, and finally looked at SMIC's fifth largest shareholder who announced the data.

How many? ?

51.6%? ?

How many shares did the shareholders have in total at the last general meeting of shareholders? A total of only 46.41%!

Now he and the commission he received account for 51.6% of the unilateral total? !

Gao Yonggang knew very well how many votes he had this time. In addition to the 24.87% of the two major shareholders, Datang and Taiji, he actually secretly contacted and raised the votes of some small shareholders!

This part even approaches the shares held by Mr. Fang, and is Datang’s trump card in resisting the motion at the extraordinary general meeting of shareholders!

But... Mr. Fang and his publicly solicited voting rights have 51.6%!

Even if all shareholders are present today and all shareholders with 100% equity are present today, this number of votes is enough to pass the motion!

Given that proxy voting collects all votes in favor of four motions, that is...

Gao Yonggang murmured a question: "Is it over?"

Everyone in the conference hall heard the announcement from Mr. Fang. The worries and worries that the reporter and the small shareholders were sitting with Datang disappeared in an instant, and were replaced by shock and surprise!

This extraordinary general meeting of shareholders... started in less than a minute?

The conference hall was filled with discussion.

"Buzz buzz!"

Gao Yonggang's cell phone vibrated in his pocket. He took it out numbly and saw that it was a call from the boss, Zhen Shiji.

The call was connected, and Zhen Sji, who was also concerned about the situation of the conference, asked on the other end: "Gao Yonggang, has it started?"

Gao Yonggang: "..."

Zhen Sji listened to the noisy voice on the phone and felt that it didn't feel like it was starting. He continued to ask, "It hasn't started yet? Isn't anyone here?"

Gao Yonggang had to answer with some difficulty: "Mr. Zhen, it's over, it's over."

Zhen Sji was stunned: "Huh?"

"Mr. Fang, Fang Zhuo got 51.6% of the votes, this, this is already, already..." Gao Yonggang still couldn't hide his confusion and said, "It's over."

He is the representative of the major shareholder, but now... Mr. Fang is more like the major shareholder.

No, it seems that from the moment Mr. Fang shows up, he looks more like the real major shareholder.

Zhen Siji digested this information, and after a while he said in a deep voice: "Give Fang Zhuo the phone."

Gao Yonggang held the phone, moved his steps, and handed the phone to Mr. Fang.

Fang Zhuo glanced at the former director and instantly guessed who was on the other end. He took the phone steadily and asked, "Mr. Zhen, what's the matter?"

It was difficult for Zhen Shiji to express how he felt now. He was silent for five seconds and said in a low voice: "We are still the major shareholders."

Fang Zhuo responded without hesitation: "You are just the major shareholders."

Then, he added: "You are still the major shareholder for the time being."

Fang Zhuo didn't want to talk to this person, so he turned on the external speaker, raised his phone high, and said loudly: "Let our major shareholders hear who is the will of SMIC's largest shareholder!"

The conference hall instantly erupted with even higher noise.

Zhen Shiji couldn't hear what was in the noisy background sound at all. He only heard the noise and chaos, and felt the fiercest opposition.

By the time Fang Zhuo got his phone back, the person on the other end had quietly hung up the phone.

He handed the phone back to Gao Yonggang, who was standing awkwardly in the noise, and smiled slightly: "Mr. Gao, goodbye."

Gao Yonggang took back his cell phone and left silently. He found that Chen Shanzhi, the reporter and the small shareholders he contacted had already left the venue.

He walked along the passage to the door, looked back at the lively crowd and Mr. Fang in the crowd, and couldn't explain how he felt.

But Gao Yonggang had the strongest premonition that it seemed it was time to say goodbye to SMIC.