Chapter 300: Turbulent and Treacherous (Two in One)

The night of June 23 was a sleepless night for all parties.

The wills of the seven directors on the Sina board of directors were temporarily united by Duan Yongji, but he knew one thing for sure: Fang Zhuo had actually obtained more than 1/3 of the shares.

This was very troublesome.

In fact, the official letter sent by the Sina board of directors to the SEC had been responded to, confirming that there was no problem with the acquisition license, but Duan Yongji suppressed it and did not report the matter at the board meeting.

At the same time, he submitted a complaint to the SEC, hoping for a procedural counterattack.

Duan Yongji did not put all his hopes on the SEC's procedures. The institutions on the other side of the ocean were too far away, and the other party's threats were already at the gates.

He was more of an attack on public opinion. On the one hand, he wanted to put pressure on Fang Zhuo himself, and on the other hand, he was also provoking the nerves of the competent authorities. After all, a dispute involving the most famous Internet company could not fail to attract attention.

However, the handshake between Director Liu and Fang Zhuo at the meeting venue lowered his hopes by two points.

In addition, Duan Yongji is also looking for connections in Shencheng to investigate the company where Fang Zhuo started, trying to launch an attack from another dimension. He has deep doubts about the funds used by Fang Zhuo to acquire Sina shares.

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

Duan Yongji has this deepest countermeasure plan. If you keep the land and lose the people, you will lose both the people and the land. If you keep the people and lose the land, you will keep both the people and the land.

However, everything depends on the development of the situation. This can be used as a last resort and as a bargaining chip on the negotiation table.

Duan Yongji is attacking Fang Zhuo and observing Fang Zhuo. After various responses, he believes that the only threat to this suddenly emerging rash and unpredictable rising star is the joint advance and retreat of Sina's middle and senior management.

This is extremely important and critical.

At 11 o'clock in the evening, Duan Yongji made many arrangements and waited for CEO Wang Yan in Sina's office.

"Wang Yan, Sina is facing a very dangerous situation." Duan Yongji stood up and poured tea himself. He did not return to his seat and just wandered around the desk. "Wang Yan, we should prepare for the worst."

Wang Yan concentrated.

Duan Yongji stopped, picked up a reply letter on the desk, and handed it to Sina CEO: "This is the receipt from the SEC. It has been confirmed that Fang Zhuo has indeed issued an acquisition license. It is incredible that others don't know yet."

Wang Yan took the official letter, read it carefully, and said nothing.

Duan Yongji could guess Wang Yan's mood. This person has always been called an elite, but the result is that he introduced Yike Investment and was played around by Fang Zhuo. This is a major blow.

He said earnestly: "Wang Yan, now is not the time to blame yourself. As for responsibility, we have also said in our meeting that I also have responsibility. What Sina needs 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 we have to let Fang Zhuo know that he can't bypass the board of directors to get the whole Sina!"

Wang Yan put down the official letter and nodded slowly.

He thought about the meaning of this sentence 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 powerful weapon.

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

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

He smoked a cigarette, thinking about the content of the communication in the office and considering 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. However, he changed his mind when he saw a name and called President Mao Daolin.

Wang Yan thought he should say hello to his boss: "Boss Mao, are you still awake?"

Sina President Mao Daolin said "hmm" and said lightly: "Xiao Wang, what's the matter?"

Although Wang Yan was used to the tone of this president who was in charge of Sina's work, he felt very irritated to hear such a "Xiao Wang" in the quiet night at this moment. Even Fang Zhuo politely called him "Boss Wang"!

In an instant, the dissatisfaction with the direction of Sina's progress, the decentralization of work encountered, and the shackles encountered in daily life all gathered together, and they did not burst out but kept surging in his heart.

Wang Yan said calmly, "Mr. Mao, what do you think of tomorrow's shareholders' meeting?"

"Tomorrow will be the same as usual. We will resolutely resist Fang Zhuo's hostile takeover. In addition, Mr. Duan has communicated with you, right? We must prepare for the worst-case scenario of creating another Sina." Mao Daolin said with great fighting spirit, "The reason why Sina is Sina is because of us, not that brand."

Wang Yan was stunned. Creating another Sina? This is a step further than his guess about Mr. Duan, and he has never heard him mention such a drastic measure.

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

"Don't panic." Mao Daolin instructed, "Sina has Mr. Duan and I in the front, no one needs to be afraid."

Wang Yan's call ended quickly.

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

The next morning, Sina held meetings of all 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 the work in a steady pace, he returned to the office, and then he couldn't wait to use the computer to find the latest news.

——Is Sina profitable?

——Is it called success if there is no profit?

——Sina still doesn’t know how to make a profit even after its development. 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 of the 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 we really build Sina as Duan Yongji plans, the opportunity for development of the times will be 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.

Last year Wang Zhidong stepped down because of this. 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 retains his two seats."

Duan Yongji said nothing and listened to the opinions of other directors.

"Two seats are a bit too 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 not much 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 should 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 answers to 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 exchange, both sides should not be angry, talk if you can, if you really can't talk, I will never stop you from going to court!"

The leader's words were a bit tough, Duan Yongji and Fang Zhuo restrained their postures at the same time, and then they found that the other party was retreating, and they started to make small calculations in their hearts.

"Fang Zhuo, I think you understand it yourself." Sina President Mao Daolin, as an important figure on the left, said earnestly, "You have never run a portal website, and you are focusing on electronic consumer products. Why do you have to force Sina to do it? It's a waste of time!"

"Mr. Mao, it's precisely because I understand that 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. It's not profitable. Anyway, none of you can do it. Why don't you let me try it."

This sentence is calm, but the more it is said, the more helpless it makes people feel. 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?"

Mao Daolin was about to speak when he suddenly realized what the other party was saying. He was suddenly shocked. Was he coming for him?

The fangs were exposed. This was the most precise request since the shareholders' meeting to re-elect the board of directors.

Duan Yongji suddenly stopped talking and left the space for Mao Daolin.

"I think the current Internet needs some reckless behavior. Mr. Mao's cooperation with Sunshine Culture is to pull Sina to the old way. It is nothing more than thinking that since Sina is engaged in news and media, it should spread to offline media."

Fang Zhuo leaned forward and glanced at the seven directors opposite: "But the Internet is a brand new way of playing. It needs to be developed and needs a younger leader. Mr. Mao is unwilling to give it, so I will take it myself."

Mao Daolin was shocked and angry. He never expected that the firepower would suddenly focus on him. This was the malice that had never been shown in the past two days.

Fang Zhuo reached for the teacup and glanced at Wang Yan calmly.

Wang Yan didn't exchange glances, but turned his head to see the response of President Mao Daolin.

Such a direct denial of work and such a blunt statement of oldness in person were a naked blow.

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

Co-chairman Duan Yongji was furious 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 out by defrauding venture capital!"

Fang Zhuo was furious: "Duan Yongji, do you and Sunshine Culture have any interest transfer!"

"How can a person who defrauds venture capital be here!" Duan Yongji said angrily.

"You still have the face to transfer interests?" Fang Zhuo sneered.

"Do you really think that others have no eyes for your little scandal in Shencheng?" Duan Yongji could not hide his indignation.

"How much money did Sunshine Culture give you?" Fang Zhuo slammed the table and stood up directly.

In a blink of an eye, the conference room exploded with spring thunder and a quarrel.

Director Liu, who was sitting in the main room, was stunned. Duan Yongji was in his right ear and Fang Zhuo was in his left ear. It was either some fraudulent venture capital or some kind of profit transfer.

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

"Okay!"

Director Liu stopped loudly: "Can you still talk?"

Fang Zhuo reached out and took the document in front of Davis, and threw it on the table for the third time on the third day: "Wait for dissolution, no more talk. Director Liu, you also saw that there is no way to talk. The shareholders applied for the dissolution of the company."

"Sina waits for dissolution."

Fang Zhuo stood up and left the stage first without any nostalgia.

Director Liu was stunned, Duan Yongji snorted coldly, Mao Daolin was angry, the directors condemned loudly, but Wang Yan suddenly felt a trace of turbulence.

There are two more chapters.