Reinventing the Millennium

Chapter 294 Got it! All understood!

"Foreign capital is trying to control Sina, and China's number one portal is launching a counterattack!"

"The extraordinary general meeting of shareholders has been 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, it is still the place where the last shareholders' meeting was held. Today, the Sina Extraordinary Shareholders' Meeting proposed by MIGA Fund will be held.

Since the morning, the media has been waiting outside the hotel, and almost every Sina employee who comes in and out of the hotel 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 him. He has read almost all the reports on Sina these days, including various analyses, speculations, ridicules, and encouragements...

Even though there has been a public relations impact, even if the general public is spontaneously indignant at seeing "foreign capital" and "malicious holdings", there is still a mocking analysis in the media.

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

Therefore, there are companion reports "Why Sina" and "Why Sina Again" with high number of clicks.

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

At this time, Wang Yan saw the reports from his friends and realized their tacit understanding, which made his teeth itch. Not only did the two companies hope that Sina would be controlled by foreign capital, they probably also hoped to have their vitality seriously damaged.

Wang Yanshun mentioned the media matter to Duan Yongji, and in the morning he saw CCTV reporters and Xu Changlun, the most talented writer of his own Sina, arriving first.

Today's extraordinary general meeting of shareholders is destined to disappoint some people. The MIGA fund under the private placement is no longer Sina's largest shareholder. None of its proposals will be passed, and its intimidation-style acquisitions will not be effective.

How to lose in private placement?

How to lose the poison pill plan?

All that needs to be considered now is how to clean up this situation, how to calm down the MIGA fund, and how to re-stabilize Sina's brand.

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

Only by solving this problem can Sina be truly stabilized.

Wang Yan was thinking about this. Seeing that it was almost time for the meeting to be held at three o'clock in the afternoon, he took out his mobile phone and called Fang Zhuo, the president of Yike Investment.

The other party seems to be very busy these two days. He always responds briefly on the phone. From last night to today, he has been close to losing contact. It's after two o'clock in the afternoon and he hasn't arrived yet.

Wang Yan is quite satisfied with Fang Zhuo.

Mr. Xiao Fang was very knowledgeable about the general situation. Although Mr. Duan and Mr. Duan Yongji had some disagreements on the board of directors, he immediately asked the non-executive director Feng Bing to continue to follow the vote, and he was also very decisive in the additional issuance and subscription of funds.

Last night, when Wang Yan communicated with Duan Yongji in private, he heard him praise Fang Zhuo.

"This young man is on his toes, but he is still sensible at the critical moment."

Wang Yan felt more and more clever about his help in introducing Yike Investment. Fang Zhuo was knowledgeable, and his own Yike Technology was prosperous and had funds.

Moreover, he is very close to me and will not interfere in Sina's specific affairs.

Who else is better than Xiao Fang?

Wang Yan's call went through.

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

"On the way, I'll be there in a moment." Fang Zhuo replied steadily, "How can this shareholder meeting be held without me?"

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

"It's just that, without Mr. Fang, how can we hold this shareholders' meeting? Yes, at a critical moment like today, there are media reporters. Please don't argue with Mr. Duan. If you have any opinions, we can communicate in private."

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

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

call ended.

Sina CEO stood in the hotel and looked at the media reporters outside. He felt that he should share the grand occasion with Mr. Xiao Fang on the phone just now, and that the MIGA fund had not arrived yet.

Perhaps, MIGA Fund already knows the final defeat.

Wang Yan thought so and decided to go out to meet Mr. Fang Zhuofang of Yike Investment.

This is not because of the good relationship between each other, but because of the other party's status as Sina's largest shareholder at this moment.

I'm afraid no one would have thought that Yike Investment would become Sina's largest shareholder holding 16.83% of the shares in such a short period of time. After all, no one expected that the MIGA Foundation would touch the line of additional equity issuance of the "Poison Pill Plan".

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

However, no matter what, the outcome 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, and knew that Mr. Xiao Fang was here.

He had just taken two steps to prepare for the reception, when he suddenly stopped and stared blankly as more than one black Audi filed in.

One, two, three...

The media reporters waiting outside saw this formation and focused their cameras on the team, guessing that foreign capital had been privately raised.

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

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

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

And, the head of MIGA Fund and current director of Sina, Davis came to his side.

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

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

confluence! confluence! confluence! ! !

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

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

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

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, said nothing, and led a group of people to continue walking to the hotel in silence.

The roar in Wang Yan's heart turned into a murmur: "Convergence..."

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

Understood! All understood!

It turns out that Wang Zhidong is causing trouble behind this!

It is an illusion that Wang Zhidong sold most of his shares, it is an illusion that Wang Zhidong established a new company, and Wang Zhidong's interview remarks are an illusion!

The founder of Sina is back!

Mr. Xiao Fang, bah, Fang Zhuo is with him!

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