Reinventing the Millennium

Chapter 295 I Understand! I Understand Everything!

"Foreign capital attempts to control Sina, China's No. 1 portal launches a counterattack!"

"The interim shareholders' meeting is held, where is the confidence of MIGA Fund?"

"Detailed explanation of the control dispute between foreign capital and Sina!"

"Why Sina?"

"Why Sina again?"

On the afternoon of June 22, the same place where the last shareholders' meeting was held, today will hold the interim shareholders' meeting of Sina proposed by MIGA Fund.

Since the morning, there have been media waiting outside the hotel, and almost every Sina employee who enters and leaves here has been asked about the situation.

As the CEO of Sina, Wang Yan is the focus of media attention.

However, he also took care of it back. He has read almost all the reports about Sina in the past few days, all kinds of analysis, speculation, ridicule, encouragement...

Even if there is already a public relations impact, even if the general public sees the spontaneous indignation of "foreign capital" and "malicious control", there are still sarcastic analyses on the media pages.

Because it was almost the same time last year, Sina suddenly broke the news that the founder Wang Zhidong was kicked out of the company, and the industry was shocked.

Therefore, there are sister reports with high clicks, "Why Sina" and "Why Sina again".

These two reports happened to come from two other listed portals, NetEase and Sohu.

Wang Yan saw the reports of his competitors at this time and felt their tacit understanding. He was itching to bite the bullet. Those two companies didn't say they hoped that Sina would be controlled by foreign capital, but they also hoped to hurt its vitality.

Wang Yan casually mentioned the media to Duan Yongji, and in the morning, he saw CCTV reporters and Sina's most talented chief writer Xu Changlun arrive first.

Today's interim shareholders' meeting is bound to disappoint some people. The MIGA fund under the private placement is no longer the largest shareholder of Sina. Any of its proposals cannot be passed, and its intimidation-style acquisition will not work.

How to lose the private placement?

How to lose the poison pill plan?

Now all we need to consider is how to clean up this scene, how to make the MIGA fund settle down, and how to stabilize Sina's brand again.

In fact, on a deeper level, Wang Yan also agrees with the question raised by "Why Sina Again?" The company's equity dispersion is a practical situation.

Only by solving this problem can Sina be truly stabilized.

Wang Yan thought so, and when the meeting time was about to start at 3 o'clock in the afternoon, he took out his mobile phone and called Fang Zhuo, the president of Yike Investment.

The other party seemed to be very busy these two days. He always answered briefly on the phone. From last night to today, he was almost out of touch. It was more than 2 o'clock in the afternoon, and he hadn't arrived yet.

Wang Yan was quite satisfied with Fang Zhuo.

This young Mr. Fang was very sensible. Although he had some unpleasantness with Mr. Duan Yongji at the board meeting, he immediately asked non-executive director Feng Bing to keep voting and was also decisive in the additional issuance and subscription.

Last night, when Wang Yan communicated with Duan Yongji privately, he also heard his admiration for Fang Zhuo.

"This young man is a bit stubborn, but he is sensible at the critical moment."

Wang Yan felt more and more that he was smart to help introduce Yike Investment. Fang Zhuo was knowledgeable, and his own Yike Technology was thriving and had funds.

Moreover, he was very close to him and would not interfere in the specific affairs of Sina.

What kind of person is better than Mr. Fang?

The call Wang Yan made went through.

He smiled and asked, "Mr. Fang, the shareholders' meeting is about to start, why don't you come?"

"On the way, I'll be there soon." Fang Zhuo answered steadily, "How can this shareholders' meeting be held without me."

Wang Yan laughed. He liked Mr. Fang's confident look, just like the style he first saw on the CCTV program.

"That's right, how can this shareholders' meeting be held without Mr. Fang? Oh, right, at this critical moment today, there are media reporters. Don't argue with Mr. Duan. If you have any opinions, let's communicate privately."

Fang Zhuo was silent for three seconds and replied, "Mr. Wang, I'll try my best."

Wang Yan felt the sincerity in his words and was quite satisfied.

The call ended.

Standing inside the hotel, Sina CEO looked at the media reporters outside and thought that he should have shared the grand occasion with Mr. Fang on the phone just now, and that MIGA Fund had not arrived yet.

Perhaps MIGA Fund had already known the final defeat.

Thinking of this, Wang Yan decided to go out to greet Mr. Fang Zhuo of Yike Investment.

This was not because of the good relationship between the two, but because the other party was the largest shareholder of Sina at this moment.

I am afraid no one would have thought that Yike Investment would become the largest shareholder of Sina with a 16.83% stake in such a short time. After all, no one expected MIGA Foundation to touch the equity issuance line of the "poison pill plan".

Wang Yan thought about it for three days and three nights, but still couldn't figure out MIGA Fund's reckless move. He and Duan Yongji, an old man, also discussed it, and the other party also found it difficult to understand.

However, no matter what, the winner has been decided, and the next step is to deal with the situation.

Wang Yan walked out of the hotel and saw the black Audi turning in along the road, knowing that Mr. Fang had come.

He had just taken two steps to greet them when he suddenly stopped and stared at more than one black Audi entering in a row.

One, two, three...

The reporters waiting outside saw this scene and pointed their cameras at the convoy, guessing that it was the arrival of foreign private equity.

There were seven cars in total, all of the same color and model.

As Fang Zhuo in the first car got out, the doors of the cars behind were also pushed open, and everyone got out.

Fang Zhuo, dressed in formal attire, walked forward, and Feng Bing, the current non-executive director of Sina, walked beside him, the executives of Yike Investment walked beside him, and a group of foreign lawyers walked beside him.

And Davis, the head of MIGA Fund and the current director of Sina, walked beside him.

A large group of people in suits and leather shoes surrounded Fang Zhuo and walked forward, while pushing away the reporters who were surrounding him.

Wang Yan looked at this scene, looked at Fang Zhuo, who was full of energy, looked at Feng Bing on the left behind him, and looked at Davis on the right behind him, and roared in his heart:

Merge! Merge! Merge!!!

At this moment, another car stopped suddenly behind the seventh Audi.

Fang Zhuo stopped, and a group of people stopped too.

Fang Zhuo turned around, and a group of people turned around too.

The door of the last car opened, and a middle-aged man in a white shirt and glasses walked quickly.

Fang Zhuo shook hands with him, smiled at him, and said nothing. He led a group of people to the hotel in silence.

Wang Yan's roar in his heart turned into a murmur: "Join the flow..."

He watched the group of people walk straight towards him, looked at Fang Zhuo's determined eyes, and looked at the familiar middle-aged man Wang Zhidong who came last.

Got it! Got it all!

It turned out that Wang Zhidong was behind the scenes!

Wang Zhidong's sale of most of the shares was a false impression, Wang Zhidong's establishment of a new company was a false impression, and Wang Zhidong's interview remarks were a false impression!

The founder of Sina is back!

Xiao Fang, ugh, Fang Zhuo and his gang!

Chapter 296/1468
20.16%
Reinventing the MillenniumCh.296/1468 [20.16%]