The second meeting between Sina’s board of directors and Fang Zhuo still had the same configuration as the last time.
There are seven people on the other side, five people on our side, and two leaders.
But at the beginning of today, Duan Yongji and Fang Zhuo's greetings and compliments made the leaders breathe a sigh of relief. Today's negotiation meeting finally got off to a good start.
As soon as Fang Zhuo sat down, more than one of the directors opposite him looked at him.
He nodded vaguely, and more than one person silently made the final weighing in his heart.
To this day, among the board members of Sina present, Wang Yan is still the one who values Fang Zhuo the most, not the reported wealth, nor the exaggerated performance of business ethics, but Fang Zhuo's ideas and government.
He observed Fang Zhuo's expression at this moment and couldn't help but have some doubts in his heart.
Fang Zhuo took the tea that was handed to him and put it in front of his documents. He noticed the look from Sina CEO and responded with a friendly smile.
"A lot of things have happened recently." Duan Yongji was the first to speak. "Sina has encountered many situations, some good and some bad, and I can't say bad. The collision of different ideas always allows people to see the way forward more clearly."
As co-chairman of Sina's board of directors, and as a business tycoon who has profoundly influenced Sina's direction from the past to the present, Duan Yongji still took the lead in setting the tone for this meeting.
Last night, through Wang Yan, Duan Yongji learned that there were changes in the board of directors that caught him off guard.
It was not that Duan Yongji did not anticipate the transfer of shareholders' shares. The competition for control of Sina was so fierce that a good price would undoubtedly be quite tempting. However, he did not expect that the directors on the board of directors would be the first to change.
Will this be a domino change?
Duan Yongji stayed up all night and contacted all his directors. The statements he received were all from the same trench. No one expressed any concern about cooperating with Fang Zhuo.
In the morning, Duan Yongji called Fang Zhuo directly and made his decision when he heard the other party say his last name.
Sunshine Culture was already unfavorable in cooperating with Sina, and was intentionally abandoned when it misjudged the hostile takeover by MiGA Fund. Now it seems that even though he and Wu Zheng had had a frank discussion, he was still considering taking the opportunity to exit the company under the current intensified situation.
The cooperation between Sunshine Culture and Sina has lasted for several months, and the business has reached a lose-lose situation.
Capital pursues profits, stops losses promptly, and even maintains surpluses. This is undoubtedly Wu Zhengyang's motivation.
Duan Yongji could only scold the opponent for being short-sighted in his heart, but it was difficult to stop such a decision to leave the game once it had occurred.
In this case, since Fang Zhuo's profound influence on Sina has become an increasingly clear fact, Duan Yongji decided to take a preemptive strike as a victim of making peace with Fang Zhuo to jointly decide the direction of Sina's progress.
After all, Fang Zhuo has no foundation in Sina, so he has to rely on the original people when he takes over Sina.
If you think about it from this perspective, this is not a tricky situation.
"Everyone here is a director of the company, and the two directors are also leaders who care about Sina." Duan Yongji, sitting in the first position on the left, described the company's recent situation in a slow and powerful voice, "There is no need to hide the truth, Sina has recently
There was even a period of time when the performance was truly unsatisfactory.”
The only voice in the conference room was the co-chairman's voice. Everyone was listening quietly. The atmosphere was completely different and peaceful compared to last time.
Duan Yongji is very satisfied with this situation. This is the Sina conference room he is familiar with.
"Mr. Fang is Sina's major shareholder. He has objections to Sina's performance. I personally can understand it."
"Sina's current stock price is not only affected by the Internet bubble, but also in terms of business..."
The co-chairman's slowly foreshadowing words were suddenly interrupted by the other co-chairman Wu Zheng.
"I have been thinking a lot about Sina's development recently." Wu Zheng's words surprised many people. Especially, he interrupted Duan Yongji, which made the two leaders look at him.
"I personally think that Sina's current situation has a phenomenon that needs attention."
Wu Zheng's voice was relatively clear. He ignored the people who were looking at him, and with an arrow in his bow, he directly said: "Many ideas are good, strategies are good, but there are always problems with execution."
Co-chairman Duan Yongji frowned slightly, what else did Wu Zheng want to do before leaving?
Chairman Jiang Fengnian had no expression on his face.
Sina CEO Wang Yan was heartbroken.
Sina's major shareholder Fang Zhuo listened attentively.
"What's the problem?" Wu Zheng's voice lowered, but the content exploded through the entire conference room, "It's the board of directors!"
Duan Yongji, who had not slept all night, was suddenly startled. He did not look at Wu Zheng, but glanced at Fang Zhuo's face, then continued to look at the other people present, and said: "Wu Zheng, what do you mean?"
"The management needs enough trust to implement the strategy, but now, I think Duan Yongji's presence on the board of directors has had an extremely negative impact on the management." Wu Zheng was categorical.
He said word for word: "Duan Yongji is not suitable to be on the board of directors!"
The two leaders who were watching looked at each other, what's the situation? What's the situation? Is this Sina's own internal strife?
One co-chairman jumped out and pointed at the other co-chairman.
The conference room fell into an eerie silence.
At this moment, except for the two leaders who were slightly slow to respond, everyone realized one thing.
Today was said to be the second meeting between Sina and Fang Zhuoyifang, but all nine directors of Sina were present!
It is a business meeting, or it can be said to be a full board meeting held by Sina!
Sina CEO Wang Yan's throat suddenly felt a little dry. He knew what Duan Yongji was going to do today, which was to end Sina's farce with the withdrawal of Sunshine Culture, but Wu Zheng jumped in to accuse him before it even started.
Nine people, nine tickets!
Wu Zheng gets a ticket for himself!
Two tickets for Fang Zhuo!
If you want to target Duan Yongji, you still need two tickets!
Who else?
Who is the ghost?
Wang Yan didn't bother to hide his expression and looked at every director present in surprise.
The overall situation suddenly became clear.
Duan Yong basically thought that he had reached a tacit understanding with Fang Zhuo through a phone call in the morning, but he did not expect that the backstab against him would suddenly come. This was undoubtedly the most dangerous moment.
"Wu Zheng." Duan Yongji calculated the votes in his mind and spoke calmly, "What do you want to do with your blood-stained spewing at this time?"
He looked coldly at Fang Zhuo, who was watching the excitement, and knew that this person must be causing trouble.
Wu Zheng broke his face and said: "Literally speaking, I think if Sina wants to move forward, the board of directors must fully trust the management and not impose any further constraints."
Duan Yongji laughed angrily: "Am I holding you back?"
The cooperation between Sunshine Culture and Sina has its own support, and now Wu Zheng is actually doing this.
He said directly: "Who else thinks I'm holding you back? Let's be honest, what are you doing so covertly?"
Duan Yongji stood up and glanced across the faces.
The atmosphere was extremely solemn.
"Cough." Fang Zhuo suddenly coughed, and when he saw that all his eyes were attracted, he said innocently, "I have a sip of tea and my throat feels uncomfortable. You continue."
The solemn atmosphere was broken by this appearance.
Sina President Mao Daolin spoke up in this situation: "Mr. Wu also thinks about Sina. The development of the company requires everyone's joint efforts."
Duan Yongji looked at Mao Daolin in disbelief.
Mao Daolin picked up the tea cup without looking at Duan Yongji.
Wang Yan was shocked, and the CEO jumped out?
How come there are so many changes overnight?
"What does Mr. Mao mean? Who is responsible for Sina's current situation? Does Mr. Duan support your strategy? Do you still have a conscience?" Yan Yuanchao, another director, said angrily.
Mao Daolin has been in charge of Sina's work in the past year. The introduction of Sunshine Culture is inseparable from his ideas and has always been supported by Duan Yongji, the major shareholder.
Now that he is speaking for Wu Zheng, is he trying to smooth things over or is he trying to get out of hand?
Mao Daolin retorted unhappily: "What do you mean by Mr. Yan? I don't take credit for the stability of Sina this year, but I also have hard work. Who is so unscrupulous?"
Duan Yongji gritted his teeth. He was not angry at Mao Daolin's rebellion, but was counting the votes of the board of directors.
If you really want to vote, Mao + Wu + Fang would be four votes.
At least one vote is required.
Who else? Is there anyone else?
Mao Daolin and Yan Yuanchao had a quarrel.
Duan Yongji said nothing and looked at Wang Yan.
Wang Yan was puzzled by this look, and suddenly realized that he was doubting himself. He couldn't help but smile bitterly in his heart. He was completely kept in the dark.
Fang Zhuo didn't say anything, just watched the backstabbing scene.
The two leaders also remained silent. Now they understand some of the situation. This seems to be an internal problem at Sina, and they do not take a stand.
Wu Zheng said loudly the last step of the procedure: "Let's vote. I propose to remove Duan Yongji and not continue to serve on the board of directors."
Duan Yongji looked solemn and did not want to speak at this time.
He now looks at everyone like a mole.
Yan Yuanchao and Mao Daolin were still arguing.
It was Fang Zhuo again, and it was Fang Zhuo again. He said easily at this moment: "I support it. Mr. Duan can try to trust young people. Well, we have two votes."
Duan Yongji narrowed his eyes slightly, this sentence meant something.
He shook his head slightly and heavily.
However, Wang Yan immediately said: "I object."
Duan Yongji looked at Wang Yan in astonishment, not him? Just four votes? Who else could there be? How could there be anyone else?
Yan Yuanchao and Mao Daolin stopped arguing.
Silence fell into the conference room again.
Mao Daolin said calmly: "I think Mr. Duan can take a break."
The recall vote initiated by Wu Zheng has already received four votes.
There are nine people on the board of directors, and only one vote is needed to complete the recall process.
Duan Yongji squinted his eyes and looked around the conference room.
Two more directors voted, both of them against.
4:3.
There are two tickets left, both for my own people.
"I support." Before the end, these three words floated out of the mouth of Jiang Fengnian, chairman of Sina's board of directors.
Duan Yongji looked shocked, Jiang Fengnian?
He did not raise his voice or feel aggrieved. He just asked the reason for this fatal vote: "Why?"
Jiang Fengnian said calmly: "Last year, I abstained from voting."
Duan Yongji asked in astonishment: "Wang Zhidong contacted you?"
"No." Jiang Fengnian shook his head and stated his reasons, "From June last year to June this year, for a whole year, the reason you dismissed Wang Zhidong last year was Sina's performance, but during this year, Sina's performance did not
improving."
Jiang Fengnian looked at Fang Zhuo: "Now, Mr. Fang, the major shareholder, also thinks that Sina's performance is not good."
Fang Zhuo nodded politely.
"So, for the same reason, I think Sina can make new attempts." Jiang Fengnian paused and added, "This is also fair."
He concluded: "So, I voted for it."
Director Yan Yuanchao said excitedly: "Mr. Jiang, you hate relatives and hate enemies quickly!"
Wu Zheng returned the accusation: "Does the development of the company need to be mixed with personal emotions? Isn't the performance in the past year obvious?"
"Who do you think you are?" Yan Yuanchao swore directly.
Wu Zheng's face turned pale with anger.
Fang Zhuo took a sip of tea and looked at Duan Yongji with interest.
Duan Yongji was furious when he saw it, but he forced himself to calm down without losing his composure.
He stood up again, looked at Fang Zhuo, Jiang Fengnian, Mao Daolin and Wu Zheng, and said calmly: "You will regret it. Such short-sightedness will destroy Sina."
Duan Yongji picked up the mobile phone and documents on the table, and finally said: "Fang Zhuo, you are really good at it."
The former co-chairman of Sina walked out of the conference room. He did not intend to admit defeat. Instead, the extraordinary shareholders' meeting became his new stage.
Another director, Yan Yuanchao, followed suit and left angrily.
Wang Yan hesitated for a moment, and just as he was about to get up, he heard Fang Zhuo speak.
"Sina's next work content is very important, and it must put wireless value-added services first or second."
Wang Yan couldn't lift his butt anymore.
Seeing that the other directors did not leave, he still sat down.
The two leaders looked strange, and things took an unexpected turn. These guys actually voted out the big boss Duan Yongji... This, this is too outrageous!
"Sina's performance must be improved."
"The status of Sina Wireless Division must be improved first, and this department must be enriched."
Fang Zhuo did not summarize the backstabbing dismissal that just happened, but directly talked about Sina's specific business.
Now, Fang Zhuo actually does not hold a position at Sina. Davis and Feng Bing sit on the board of directors. Duan Yongji still has the position of co-chairman, so he is the only one.
However, his chairman-like speech was not explicitly opposed.
If no one objects, let’s just say it.
Fang Zhuo was not embarrassed. He gave a lecture for an hour and the main contents were two points.
First, take wireless value-added services as the main line of development alongside Sina portal.
Second, Sina will no longer engage in "cross-media" consortiums for its portal business, because it has been proven that it neither helps the business nor stimulates the stock price.
At half past five in the afternoon, this unique meeting ended in the conference room.
Fang Zhuo shook hands with the two leaders and directors present one by one before leading them away.
Sina has temporarily entered a stage of being deeply influenced by Fang Zhuo.
Soon, news spread quickly that Sina co-chairman Duan Yongji had been dismissed.
This sudden change shocked everyone again.
…
That night, faced with the situation happening in his company, Sina chief writer Xu Changlun was unable to write.
Finally, he thought twice and gave an objective description:
"Fang Zhuo teamed up with Jiang Fengnian to announce Duan Yongji's elimination at the Sina board of directors!"
