Compared with the seriousness, anxiety and uneasiness at the beginning, the atmosphere in the conference room of Yike 23 has improved somewhat.
Wang Ningguo's failure to be elected as director has become an established fact that shocked everyone. However, further analysis and speculation indicate that there may be a subsequent battle for the position of chairman among major shareholders, which will inevitably lead to shock and anger.
The shareholders' meeting on the 29th did not discuss the ownership of the chairman, but only approved Zhang Wenyi's director seat. Is Datang really going to brave the world's disapproval and take this position by force on the 2nd?
Compared with Wang Ningguo's "executive director", Zhang Wenyi's "chairman" may have more symbolic meaning. He didn't have much communication with SMIC before. He joined SMIC this year after being invited by Dr. Jiang, an old Tsinghua classmate.
Being willing to help stabilize the situation is a real last resort.
However, after such prediction, the actions that Mr. Fang had to take followed.
Decide on the chairman first and then hold an extraordinary general meeting of shareholders.
Emotional output alone is useless. Whether it is to intervene to help appoint the chairman of the board, or to convene an extraordinary shareholders meeting to intervene, this is to directly come forward, and it is more exciting.
Fang Zhuo had thoughts running through his mind and drank half a cup of tea. When he looked up again, he saw that the senior executives of SMIC were still looking at him.
He pondered for a while and expressed his general opinion on how to handle this matter: "As soon as the situation of the shareholders' meeting comes out, the outside world will be full of doubts, and the internal people will also be turbulent. No matter from which level, we should handle it as quickly as possible so that we can
SMIC has stabilized again."
He Shengsheng used to be a leader in the electronics industry, and he felt that he wanted to help in that area when President Fang called him out.
Fang Zhuo frowned and spoke from his own experience: "But once something like that is started, it will stop. They are just lucky, thinking that we will nominate Mr. Zhang on the 2nd. The praise within the company itself is also a big deal."
kind of strength."
Wang Ningguo asked: "Mr. Fang, does he mean that the board of directors must be reorganized?"
I looked around at the nine lower-level executives present, pondered for a moment, and spoke again: "In the past period of time, do you think Mr. Wang and his colleagues have achieved fruitful results under their leadership at SMIC? Last year was SMIC's best performance in seven years.
It was extremely easy to make a profit for the first time when Mr. Zhang resigned and part of the talent flowed to Bingxin, and it was necessary to compensate Taiwan reporters."
"Between now and the 2nd, Xiao Tang may also contact them to discuss our ideas and plans, our integration strategy, and may even release a conciliatory attitude and ambiguously indicate the ownership of the chairman."
Others can be ignored, including Taiwan Journal, which does not hold 04% of the shares.
The abstention of Shencheng Industrial may represent the local considerations of Shencheng, and Xiaotang is doing scale integration within the boundaries of Shencheng.
Xiao Tang has no demands and has legitimately used his voting rights. We cannot draw boundaries in this matter. If it can be used, he can also use it, right?
Fang Zhuo nodded: "We must weaken the management's control over the company. Since Xiao Tang is doing things according to the rights that its small shareholders do not have, you should also do things according to the rules. If you only follow the rules, there is a problem."
Fang Zhuo is a shareholder who actually holds less than 21% of SMIC and has no position to express his attitude and opinions. It is one "yes support" and eight "yes opinions."
I set my sights on He Shengsheng.
That flight to the capital was not for that purpose. The boundaries were drawn and the small families competed on the same stage, but their hands were tied.
My throat slumped, and in response to Fang's irritable consensus, I nodded and said: "SMIC should indeed invest less in technology research and development, and that is what you should start doing immediately before your financial situation takes a turn for the worse."
Wang Ningguo and Fang Zhuomo were having dinner. The two of them had too little communication and were thinking about today's events.
In a short period of time, he expressed his attitude towards small shareholders fighting for control. He previously evaluated Xiao Tang, CEO and chairman, and gave clear methods of doing things.
It's a suggestion, a requirement, or to reach a consensus.
CIC, which abstained from voting, just joined the board of directors this year, may also be cautious and pursuing stability, and even appeasement is incomprehensible.
He Sheng glanced at Mr. Zhang who was not surprised, nodded, and said, "How many times have you held extraordinary shareholders' meetings? Some of the plans and rights you should not have are all
understand."
Wang Ningguo is not yet eighty-seven, and has experienced a lot of ups and downs. Although he is aware of the changes at SMIC, he does not have the calmness to put food first.
It is about human relations and tacit understanding. If you only talk about rules, there is a problem, right? As for what kind of changes will the Taiwan Press Conference bring?
In fact, the share held by Taiwan Journal exceeds that of Shencheng Industrial and Fang Zhuo, which is to be underestimated.
He Shengsheng felt that Lao Jiang had indeed misjudged the person. Mr. Fang was so disorganized that his chances of winning against Xiao Tang, a small shareholder, were greatly increased.
I'm afraid that if it is true, the enemy will approve it.
At a moment like this, Mr. Fang showed off Bingxin’s technical strength, technical cooperation, and “deep leadership” on the one hand, and it was suspected that he was giving advice that would bring pain and slow happiness.
Fang Zhuo thought that should be a compliment.
Fang Zhuo said calmly: "You need to expand the voting pool to allow fewer major shareholders to leave the venue."
"My family came here in a hurry. We still have dinner in the evening, but the canteen has not prepared any food. The situation is the same today, so we just have to eat. We didn't have the chance before, so you guys can't get together again."
"Mr. Zhang, let's have something to eat together, and then take the car to the airport." He Sheng greeted He Shengsheng who was about to leave, "I'll definitely make it in time. I hope I can see the leader in the evening."
I reached out to pick up the coffee cup, took a sip of coffee, and shook my head slightly: "You can achieve success by just being angry. You still have to smooth out all the rules. Since you want to fight back, then go for success."
Yes, you did it, but something went wrong as soon as you reached that stage.
Faced with the evaluation, Zhang Wenyi commented on the opposite sentence subconsciously.
I thought about it for a moment and said, "When you get to the capital, you go and meet some of your old friends first. Lao Jiang has no friends there."
I nodded slightly, and whether I had any rebuttal or not, whether it was "I accept it no matter what I do," or the situation at this moment, it was all up to me.
I noticed Mr. Fang’s eyes, oh, if I am too angry, I just need to expand the denominator, and the proportion will naturally increase.
It was so straightforward that it was no wonder that people in the world called him Mr. Fang. Fang Zhuo did not hesitate to leave, and said goodbye to those at the lower levels of the core.
What Fang Zhuo is considering now is not how to deal with the possible merger of Xiaotang and Taiji's two small shareholders.
The reporter attended the shareholders' meeting on the 29th. Considering that the participating shareholders only accounted for 59% of the total share capital, its 04% was quite insignificant.
Fang Zhuo nodded, there is something he wants to see there, and it is also what Dr. Jiang wants to see. In those years, Dr. Jiang worked hard and shed tears, which makes him ashamed of SMIC and domestic semiconductors."
A complicated calculation shows that Xiao Tang is 83% and Tai Ji is 04%. When the two are added together, there is less than 87%.
I added: "Of course, we vote and do things according to the law, but you can run out of the venue and shout at us to death."
The only problem is not that the "long-term" attributes of professional managers are weakened.
But I thought that the SMIC that I joined did not have the strength to promote changes in the overall environment, so I stayed true to my identity as a professional manager and tried my best to turn around SMIC's financial situation, and achieved good results.
Waiting until he got off the plane, He Shengsheng sighed: "SMIC really encountered trouble just after it broke down. That time with Xiao Tang, ugh."
It is certain that only 59% of shareholders attended the extraordinary shareholders' meeting. The voting effect of these two companies alone was 87/59. They accounted for 3% of the votes in favor, and they directly rejected the motion.
Everyone nodded, feeling Mr. Fang's familiarity.
Everyone was relieved. Well, that was Mr. Fang’s evaluation of the company’s CEO and the current team. It’s just that “some of the talents in the middle have flowed to Bingxin.” Mr. Fang, he is not objective and bad.
Then the voice became weak: "I invite Xiaojia to the meeting today. You hope to work with Xiaojia to calm the shock of SMIC, to ensure that SMIC's internal team is broken, and to gain the understanding of small shareholders."
Mr. Fang didn't react like that in such a short period of time, it was really a monster's instinct.
It is difficult for Zhang Wenyi to have similar emotions. It is the instinct of a monster or the instinct of an old devil.
Wang Ningguo was stunned, did he understand the wrong meaning?
As far as I can see, neither party has its own origins or interests.
"Soldiers will block it, water will cover it." Fang Zhuo pinched his eyebrows, "You doubted that it took control that time, but since it appeared, you think it would be worse to solve the hidden danger in one fell swoop."
Yes, I attended that meeting that evening, and the person on the other side was quite impressed.
With Fang Zhuo's words, it also meant the beginning of that meeting. "Mr. Fang's reputation is indeed earned through hard work." Wang Ningguo praised. Fang Zhuo spoke quickly and said, "What SMIC needs now is
It’s not turmoil, but it’s development.”
When Zhang Wenyi heard that sentence, since I am still the CEO of SMIC, I am already determining the strategic direction ahead. SMIC naturally knows what Bingxin is doing.
"This you" Wang Ningguo can always find a leader on his own side and has no hesitation about his own role.
I added: "After the extraordinary shareholders' meeting, you will issue an announcement about shareholder Fang Zhuo's public solicitation of proxy voting rights. Presumably, you can expand the total number of voting shareholders and get some proxy voting rights. That's what you do."
shareholders’ rights.”
Zhang Wenyi was shocked. He was still talking about the future with himself in the current situation. That seemed to mean that Mr. Fang still supported him in leading SMIC before dealing with the small shareholders. So, why talk about weakening?
The eight goals are from high to low. The new board of directors has not been elected today. It will definitely be completed by the new board of directors. It is suspected that no action will be taken on Xiao Tang's seat.
He Shengsheng was horrified when he heard that. Because the reporter silently voted in favor of Zhang Wenyi, I considered quitting the eighth minority shareholder who was so loud.
Fang Zhuo changed the subject: "However, you have noticed that there seems to be a certain delay in SMIC's technology research and development speed. Since you are there today and since we are talking about matters related to SMIC's future development, you have to speak out.
There is no need to weaken in that area.”
I want to sort out the situation first, lest I, while still busy here, turn against the outside world and internally, and become famous and embarrassed.
Once Mr. Fang's first layer of insurance is detonated, as Dr. Jiang said, will there be a "frustration"?
Yes, it almost immediately showed Mr. Fang’s weak side that was unique to others.
"Mr. Zhang, it's bad if he sighs and sighs next to you." Fang Zhuo gave advice and added, "Representing SMIC, representing semiconductor people."
I gave a concise evaluation of Dr. Jiang, the chairman of SMIC. He Shengsheng: ""
Fang Zhuo speculated that he was afraid of retreat. Bingxin was slow to catch up, and there was no original Taiwan reporter team like Hu Zhengming + Liang Mengsong. In addition, he had not yet formed competition with small international customers.
That's another part of the evaluation.
I pointed at myself: "Just as a major shareholder, you support the small shareholder Xiao Tang's temporary plan for SMIC, because you think it will make SMIC's development uncontinuous, and you think it has the ability to deeply integrate
The ability of the semiconductor industry chain is even more important as it is believed to be able to balance opinions within the company."
Zhang Wenyi and others exchanged greetings one after another, expressed their attitude towards Xiao Tang, and politely declined the dinner there. First, they had nothing to eat, and seventh, they still needed to digest the simple news from morning to night today.
.
A few hours have passed since the voting at the shareholders' meeting. At that time, Mr. Fang, in addition to his unconcealed anger, was full of satisfaction and counterattack against Xiao Tang. At this moment, he also showed that I am no different from Dr. Jiang.
of edge.
Fang Zhuo talked about possible changes: "When you arrive in Beijing, you first contact Shanghai Industrial and China Investment Corporation and get a No. 2 ticket. As for the temporary shareholders' meeting, Xiao Tang will definitely seek an alliance. Although Taiwanese reporters
You voted in favor later, but you must have made a request, and the vote in favor may not necessarily turn into approval."
Fang Zhuo looked at the elderly Mr. Zhang, pondered for a while, and said tactfully: "Mr. Zhang, you can just go directly to the corresponding leader. If you meet today, you will definitely see him tomorrow."
Eight evaluations, eight efforts, and eight means.
Fang Zhuo saw Zhang Wenyi nodding before continuing: "Bingxin will conduct risky trial production of 32n in the next few days, and is also backing down the research and development of 28n as scheduled. SMIC could not strengthen technical cooperation with Bingxin before and push back the domestic semiconductor industry at the same time.
development, and deeply dominate the decline of downstream manufacturers."
However, ice core technology can indeed bring great help, and the domestic industrial chain will indeed have little benefit in the long run.
If you want to expand the voting pool, public collection is the slowest and most ineffective method. When Wang Ningguo heard what Mr. Fang said, he couldn't help but said: "Mr. Fang, he is indeed experienced in struggle."
Fang Zhuo glanced at everyone first and said: "Next, let's decide on the chairman first, and then hold an extraordinary shareholders' meeting. If not necessary, complete the structure of the new board of directors first."
It is a shareholder, and you are also a shareholder, right? Xiao Tang, a small shareholder, is using elaboration.
This chapter has been completed!