Chapter 201 Win!
After all, Duan Yongji is a man who has experienced many storms and his psychological quality is much stronger than that of ordinary people. The expression on his face instantly returned to calm.
He had been wondering why Chen Liwu suddenly became so talkative today.
Thinking about it again, Jiang Fengnian is not as silent as before, and has become much more active.
Duan Yongji knew that these people had joined forces to deal with him.
He didn't expect that he would be pecked in the eye by a goose after hunting geese all day. Now he didn't know who among the people sitting there was a human or a ghost.
Duan Yongji looked around and saw that Wu Zheng and Li Jia looked a little flustered, so he thought that there should be no problem with these two people.
Jiang Fengnian looked calm and composed, Chen Liwu sat upright with a peaceful expression, and Liu Zhou also stopped smiling at this time.
These three people obviously had planned this in advance.
"Boss Liu, what a good move! Boss Chen has been protecting Boss Mao's board seat at the shareholders' meeting just now. You guys planned this a long time ago, just for this moment."
"Yes."
Duan Yongji turned his gaze towards Chen Liwu and asked:
"Mr. Chen, I don't quite understand. We have come this far, and Sina is doing well now. Why would you team up with an outsider like Liu Zhou to deal with me?"
"Mr. Duan, Mr. Liu is not an outsider. He is the largest shareholder of Sina."
"You know what I mean."
Chen Liwu sighed and said:
"Old Duan, you have been obsessed with power politics for too long and can no longer see or hear the voices below.
Sina is developing well, but this is only relative to its previous development.
Did you know that Sina has fallen behind compared to the other two portals?
Sina has the reputation of being the world's number one Chinese portal website, but it has long been unworthy of its reputation.
Not to mention that NetEase has surpassed us in market value, even Sohu has already caught up. If Sina doesn’t change, it will be the last one in less than two years.”
"So you're joining forces with outsiders to overthrow me?"
“Look, you are still so high and mighty, and I want to overthrow you. Do you think you are an ancient emperor?
That’s right. In the past few years, you have been like a local emperor in Sina. Anyone who poses a threat to your position will be brought down by you.
This was the case with Wang Zhidong in the beginning, it was the case with Mr. Mao before, and it is the case with Mr. Wang now.”
The reason why Chen Liwu said so much to Duan Yongji was because he had been holding these words in his heart for a long time.
Not only did he invest in Sohu.com, he also helped to merge it with Huayuan Information. It can be said that Sina was created by him.
It is impossible to say that he has no feelings for Sina.
But later, when he saw Duan Yongji playing power games and seeing people he knew leaving one after another, he became a little disheartened.
Since he can't change the current situation, he's going to give up the game and just cash out and leave.
Originally, he represented an investment company, and everything was just for profit.
But although investment companies are ruthless, people are still kind.
Today he was also emotional and spoke out what was in his heart.
Duan Yongji's expression did not change at all after hearing Chen Liwu's words, and then he looked at Mao Daolin and Wang Yan.
"It seems that you are well prepared. President Mao and President Wang should also stand on Liu Zhou's side, right?"
"That's right." Mao Daolin said lightly.
"It seems that I have stumbled this time. I didn't expect that there would be such a big net waiting for me today."
"You can only blame yourself for being so hypocritical. You kicked me and Mr. Wang out, but you kept us on the board of directors for the sake of your reputation. You are playing both sides like a concubine."
Mao Daolin was ultimately unable to completely control his emotions and couldn't help but swear.
His grudge against Duan Yongji is no less than that against Wang Zhidong.
He also joined Sina very early and it was he who brought Sina out of its low point.
Just when he was about to make a big splash, he was kicked out just like Wang Zhidong.
The only difference is that his treatment was better than Wang Zhidong's. He was not kicked out of Sina directly and he still retained his title of Sina director.
With his father-in-law officially becoming the boss, it is indeed not easy for him to continue staying in the position of CEO of Sina.
But leaving on your own and being kicked out are two different things.
So as soon as Liu Zhou and Wang Zhidong contacted him, Mao Daolin immediately agreed to support Liu Zhou at the board meeting.
Duan Yongji did not react to Mao Daolin's insults, and looked at Liu Zhou again:
"Boss Liu, do you think you've won?"
"I have five votes now, and you only have four. Doesn't that mean I win?"
"Liu Zhou, you have racked your brains and put in so much effort to steal Sina's achievements. Sina will never give in!"
Duan Yongji's expression also changed at this time, his eyes were wide open, and his voice became a little louder. Coupled with the momentum he had accumulated over the years, it gave people a strong sense of oppression.
Sina has almost always had a dispersed shareholding. The reason why it has been able to unite and even kick out the founder is that it has someone like him who has a high status in the industry and can control the situation to act as a middleman.
He had indeed miscalculated at this board meeting. He had not expected that his home would be robbed by Liu Zhou, a young man who had seemed harmless before.
Now, as long as we can intimidate this young man, we can talk slowly.
But Liu Zhou has not been around for nothing all these years, so how could he be frightened by someone's mere momentum?
He sneered:
"I am the largest shareholder of Sina. You are neither the chairman, president, nor CEO. How can you represent Sina?"
Seeing that he wanted to speak more, Liu Zhou also raised his voice a little and said:
"Duan Yongji, or you can talk to me from your shareholding position!"
"you!"
This time Duan Yongji was really angry!
For so many years, no one dared to call him by his name!
Today, he was actually pointed at and scolded by a young boy. How could he not be angry!
Duan Yongji forced himself to calm down, and then said coldly:
"You think you're going to win?"
"We can wait and see whether we are sure to win. Don't waste your time. Choose the chairman first."
The situation is now very clear. There are only two candidates for chairman, Liu Zhou and Duan Yongji.
Duan Yongji also knew that nothing could be done at this board meeting, but something that happened afterwards still made him very angry.
When voting, there were five votes for Liu Zhou to be the chairman, but he only had three votes. Cao Guowei, whom he personally pushed to the board of directors and was about to promote to be the company's new CEO, actually abstained from voting.
This made Duan Yongji glare at him, but Cao Guowei didn't look at him either. He stared at the cup in front of him calmly, as if he could see something.
Liu Zhou was also a little surprised by Cao Guowei's choice.
Originally, his next step was to purge Cao Guowei from Sina, but it seems that this can be put on hold for now.
However, this matter needs to be discussed after the board of directors. The most important thing now is that he was officially elected as the chairman of Sina.
Seeing that there were no unexpected events going according to plan, Liu Zhou couldn't help but feel relieved.
The board of directors is his biggest plan, and his goal is to become the chairman of Sina.
Only by becoming the chairman can he better control the entire board of directors and then control the entire Sina Corporation.
Later, at Jiang Fengnian's suggestion, Wang Yan stepped down as CEO and continued to serve as Sina's president, while Liu Zhou took over as Sina's CEO. This was something Liu Zhou had already agreed upon with Wang Yan.
To fully control Sina Corporation, the position of chairman alone is not enough, but also requires an administrative position within the company.
Only in this way could he justify cleaning up Sina and eliminating Duan Yongji's influence.
Moreover, Liu Zhou did not particularly trust Wang Yan. If he allowed him to continue to serve as CEO and then turned against him, there was a great possibility that Duan Yongji would turn defeat into victory.
So Liu Zhou wanted to eliminate any possible risks.
Once Sina Corporation stabilizes, Liu Zhou will give up the position of CEO and let Wang Yan take over again.
Duan Yongji watched Liu Zhou's performance coldly, as if he saw his former self.
Now he began to understand how Jiang Fengnian and the others felt. It was indeed not a pleasant feeling.
But do you think you have really won?
The more arrogant you are now, the more embarrassed you will be later!
Thinking of this, Duan Yongji couldn't help but sneer.
Just at this moment, Liu Zhou also looked at Duan Yongji and noticed his sneer.
He knew what Duan Yongji was planning. This time, Liu Zhou of the board of directors had made full preparations, not only to take away the position of chairman, but also to completely cut off his hopes of a comeback.
Seeing Duan Yongji also looking at him, Liu Zhou looked back at him without showing any weakness.
This is not a fantasy world, and Liu Zhou has no interest in competing with him in momentum.
Seeing Duan Yongji looking over, Liu Zhou smiled and said:
"Mr. Duan, I see you don't seem to be in a hurry at all. You are indeed a business veteran. Your Qi-cultivation skills are unmatched."
Duan Yongji couldn't help but sneer when he saw Liu Zhou's arrogant look:
"Mr. Liu, you are still young. The one who laughs last laughs best."
"Yes, I'm still young, but Mr. Duan, have you ever heard of the saying, 'The waves behind push the waves ahead, and the waves ahead die on the beach!'"
"Have you ever heard that old ginger is still spicy?"
"Of course I have heard of it, so I have made full preparations to deal with you, an old man."
Seeing that he was not angry, Liu Zhou continued:
"I know that you, Mr. Duan, hope to convene an extraordinary shareholders' meeting, re-elect the board of directors, and make a comeback.
But you should know that even if you want to hold an extraordinary shareholders' meeting, it will take two months, and you may not be able to imagine what Sina will be like by then."
"So what? It's just to set things right!"
Duan Yongji was not at all surprised that Liu Zhou had revealed his plan. In fact, not only Liu Zhou, but everyone else also knew it.
In two months, he didn't believe that Liu Zhou, who had no foundation in Sina, could completely control the company.
Sina is a U.S. listed company, so he can't do whatever he wants.
"It seems that what Mr. Chen said is right. You have been obsessed with political games for too long, which has made you arrogant and a little bit insolent.
Do you think I would not be prepared now that I know you are going to make a push at the shareholders' meeting?"
After saying that, Liu Zhou picked up his cell phone and called Zhong Lifang who was sitting next door.
"Bring someone over here!"
Duan Yongji couldn't help but frown at this moment, and then he thought about how Liu Zhou came here with a group of people in a grand manner.
This gave him a bad feeling.
After a while, Zhong Lifang came in with five or six people, including two foreigners.
Liu Zhou took a document from Zhong Lifang and handed it to Chen Liwu.
Chen Liwu signed his name without hesitation and handed the document back to Liu Zhou.
Liu Zhou also took a document, filled in a number and signed his name, then said to Duan Yongji:
"Zhou Shan Capital acquired 10.6% of Mr. Lip-Bu Chen's shares on top of its original 4.2% stake. In accordance with the regulations of the U.S. SEC, I personally sent a letter to Sina's board of directors to notify them."
Duan Yongji glanced at the official letter, put it aside, and sneered:
"That's it?"
After that, he turned to Chen Liwu and said:
"Just now you were talking about morality and justice, and you kept saying that you were doing it for Sina, but in the end it was all about profit!"
Chen Liwu was too lazy to pay attention to him. It was true that he was doing it for profit, but there was no falsehood in what he said before. Let him say whatever he wanted.
"Duan Yongji, you have no right to criticize Mr. Chen. You know what you did."
"Liu Zhou, are you hoping to buy out Lip-Bu Chen's shares and defeat me at the shareholders' meeting with just 14.8% of the shares?"
"Of course not. You are a big shot in the industry. Even a lion will use all its strength to fight a rabbit. What's more, you are not a rabbit."
After saying that, Liu Zhou gave Zhong Lifang a look, and the other party understood and immediately took out two more documents.
After Liu Zhou took it, he threw it in front of Duan Yongji and said:
"This is the equity transaction agreement reached between Shanda and me, and the other is the transaction approval letter from the SEC, so I don't just have 14.8% of the shares, but 34.2%."
After hearing Liu Zhou's words, not only Duan Yongji's expression changed immediately, but everyone else, including Chen Liwu, also looked shocked.
They were all unaware of Liu Zhou's acquisition of 19.5% of Shanda's shares.
When Liu Zhou contacted them before, they guessed that he might have a trump card, but they didn't expect it to be such a big one.
In this case, Liu Zhou's shareholding in Sina exceeds one-third and he has a veto power.
Even if Duan Yongji convened an extraordinary shareholders' meeting, it would be of no use.
Because the resolution proposed at the shareholders' meeting could not be passed without Liu Zhou's approval.
Chen Liwu finally understood why Liu Zhou was so confident. It turned out that he had such a big killer hidden.
To be honest, he was not optimistic about Liu Zhou's actions before. After all, Duan Yongji was not an ordinary person, and he knew clearly how powerful Duan Yongji was.
But anyway, he was ready to leave Sina, so I might as well do him a favor and vent my anger at the same time.
Now it seems that I still underestimated this young man Liu Zhou.
Duan Yongji was silent for three seconds and grasped the key point to break the deadlock:
"Zhoushan Capital and Shanda's operation is illegal. We other shareholders were unaware of such a large equity transaction. I will appeal to the SEC and have the transaction declared invalid."
At this time, a ghost came forward and said:
“I’m Thomas Mueller, a lawyer at New Thomas & Gregg Law Firm, and I’m in charge of the legal affairs for Zhoushan Capital’s acquisition of Sina.
As the most famous business lawyer in New York, I want to solemnly declare that all actions of my client Liu Zhou are within the framework of SEC approval, and he has made acquisition statements to the SEC and obtained approval. "
Duan Yongji's face turned pale. If Liu Zhou dared to take it out today, he must have made full preparations in terms of procedures.
"It's not over yet, let's wait and see."
After making these harsh remarks, Duan Yongji left the table in anger.
When Wu Zheng and Li Jia saw the boss leaving, they came to their senses and immediately ran after him.
Wang Yan looked at Duan Yongji's slightly embarrassed back and couldn't help but think of Wang Zhidong.
Back in Silicon Valley, when the founder Wang Zhidong faced recall, he lost control of his emotions and went into the restroom for half an hour. It was during this half hour that Duan Yongji took the opportunity to initiate a vote and did not give him a chance to come back and speak again, resulting in a fait accompli in terms of the votes, and he finally had to leave in shame.
This moment is exactly like that moment, how similar are they?
What a wonderful reincarnation!
(End of this chapter)