What worries Ma Yun finally got a happy ending at today's shareholders' meeting.

With the unanimous approval of Ma Yun and the management, Son Masayoshi and Bai Ningyuan, even Yahoo, as the largest shareholder of Alibaba, will be difficult to change this situation.

Angry and annoyed, Butz brushed his sleeves away before the meeting was over, looking angry and ruined.

Today, she can be said to be a defeat at this meeting, and the most unacceptable thing for her is that she lost to those Chinese people who she has always looked down on.

This is simply a humiliation in her career.

And in the face of Carol Butz's departure, neither Bai Ningyuan nor Ma Yun said anything special, as for Son Zhengyi, from his calm look at this time, he really couldn't see what he felt in his heart.

No matter what kind of considerations Son Masayoshi chose to support in the end, none of this is important to Ma Yun, at least for now, this result is very satisfactory to him.

The next step is to discuss the specific divestment matters, which is also an important asset in Alibaba's company, and the interests of other shareholders will naturally suffer huge losses, and it is also appropriate to obtain corresponding compensation.

Although Son Masayoshi has been determined to continue to befriend Ma Yun and expressed his support for this separation, but favors are favors and business is business, especially when it comes to self-interest, it has reached the point where it must be compared.

Therefore, after some rhetoric, an agreement was reached on the form of compensation: Chief Fortune will be spun off from Alibaba as an independent third-party company, and in the future listing, it must pay a one-time cash return to Alibaba, the agreed amount is 30% of the total market value of Chief Fortune's future listing, and the specific amount shall not be less than US$2 billion and not more than US$6 billion.

Since, a battle for Ali Baba's life and death has finally come to an end, and Ma Yun has also won the opportunity for Zhifu Bao to continue to enjoy the payment license in his hand.

"Mr. Bai, thank you for your great help!"

When the shareholders' meeting officially ended and Son Zhengyi and his assistant left, Ma Yun shook hands with Bai Ningyuan tightly, with a grateful look on his face.

He saw very clearly that if it weren't for Bai Ningyuan today, his appeal would definitely end in rejection, and Fortune Treasure was still facing the risk of being suspended by the central bank, to a certain extent, Bai Ningyuan gave Fortune Treasure the opportunity to continue to exist.

"It's nothing, we can take what we need, and in the future, we have to rely on Mr. Ma to take care of you. Bai Ningyuan was not as excited as Ma Yun, but he also smiled politely, and said humbly with Ma Yun.

Ma Yun said that Bai Ningyuan supported him, not by virtue of his mouth escape skills, but with real money.

In fact, the discussion when Ma Yun and Bai Ningyuan met privately yesterday was no easier than the confrontation at today's shareholders' meeting.

From the beginning of the simple greetings and temptations, Ma Yun realized that although Bai Ningyuan was young, he was not the kind of master who could fool the past casually, and the achievements he had made in recent years were enough to illustrate this.

Trying to convince the other party through lip service is simply wishful thinking.

What's more, the ambition inadvertently shown by the other party also made Ma Yun's eyelids jump.

But who is a businessman who has become a climate businessman?

In the end, in order to obtain Bai Ningyuan's support, Ma Yun and Bai Ningyuan reached an agreement in advance, in the newly established Fortune Treasure Company, Bai Ningyuan will hold 49% of the equity, and in the future financing, except for Bai Ningyuan's approval, its equity will not be diluted to less than 40%, and all the compensation terms for Yahoo and SoftBank will be borne by Ma Yun.

This is also the reason why Bai Ningyuan is willing to support Ma Yun.

He has never underestimated Alibaba's development prospects, and in the entire Alibaba, the value of Zhifubao accounts for most of it, so it is the reason why he exchanged Letu's equity for Alibaba's equity in Gao Sheng's hand, although it is only 18%, but it is also one of the major shareholders in Alibaba, of course, Bai Ning is far from thinking about expanding his shares, but he has never had the opportunity.

And now, the opportunity has finally come, taking the opportunity of Ma Yun to divest Fortune Treasure from Ali Baba, he has reached a considerable height of his controlling ratio in Fortune Treasure in one fell swoop.

Of course, he didn't think about continuing to increase his share, after all, the equity he held in Alibaba far exceeded that of Ma Yun and the management, and now that Fortune Treasure has been spun off, it is not too much for him to hold more than half of the shares in Fortune Treasure.

However, Ma Yun, who had suffered a loss in this incident, would not allow such a thing to happen again, for the sake of long-term consideration in the future, it is impossible for him to hand over the control of Fortune Treasure to others, so there is such an agreement.

It seems to be a bit harsh for Ma Yun, but it is the best ending he can accept.

According to the agreement, although Bai Ningyuan occupies 49% of the equity, the new company's equity structure lacks a dual voting structure, which guarantees the leadership of the management to the greatest extent.

Bai Ningyuan himself has no intention of getting involved in Fortune Treasure, and being able to occupy half of Fortune Treasure in terms of income has already made him very satisfied, so in general, this is also a happy ending.

In this way, Bai Ningyuan has to let Ma Yun thank him a thousand times, no matter what, in this incident, Ma Yun did inherit Bai Ningyuan's favor, just like Bai Ningyuan said, as a major shareholder, even if he disagrees, Ma Yun has no choice, and once Bai Ningyuan stands on Yahoo's side, the impact on this incident will be decisive.

"You are too modest to take care of something, Mr. Bai, you are also young and promising, and you will have to pay more attention to the company's affairs in the future. Ma Yun patted Bai Ningyuan's shoulder, looking enthusiastic.

It can be seen that because the stone in his heart finally landed, Ma Yun was also relaxed all of a sudden.

Regardless of the competition between Fortune Treasure and Lepay, at least for now, they are still comrades-in-arms who advance and retreat together in the same trench.

Bai Ningyuan didn't want to pour cold water on Ma Yun, who was immersed in joy, so he shrugged his shoulders with a smile, and didn't say a word about those bad words.

"By the way, Mr. Bai, you can't leave in the past two days, you have to let me do a good job of the friendship of the landlord, won't there be an Internet conference in two days, let's go together." Ma Yun said to Bai Ningyuan again.

Compared with the previous times, perhaps Bai Ningyuan's actions this time won some of Ma Yun's favor, so Bai Ningyuan obviously felt that he was a lot more enthusiastic about himself, and among these enthusiasms, it was not fake.

This year, the 7th China Internet Conference, initiated by the Ministry of Industry and Information Technology and hosted by the China Internet Association, will be held in Lucheng. It is an annual event in the Chinese Internet industry.

The Internet is the most potential information technology at present, and it is also the most active factor in the contemporary social productive forces, and new applications such as e-commerce, government affairs, distance education, online banking and securities, Baidu and other Internet searches, as well as open network information services, will play a revolutionary role in promoting social, economic and cultural development and progress.

In recent years, the rapid development of the Internet in China has attracted the attention of the world.

As a leader in domestic e-commerce, Ma Yun naturally won the invitation of the conference, and although Bai Ningyuan is not a pure IT person, but his Leku, Lexin, Weibo, Lexun, Orchestra, Lepay, etc. A series of websites or companies based on Internet services have made him a person who has attracted attention in the entire information field, so since 09 years, Bai Ningyuan has become a guest of the "expert group" at the Internet conference.

Now that there are not a few days before the Internet Conference, Bai Ningyuan was originally going to fly straight to Lucheng after ending the matter on Ali Baba's side, but Ma Yun said this, so he didn't even have a chance to resign.

Anyway, both parties are in a honeymoon period at the moment, and Ma Yun's enthusiasm is difficult to resist, so Bai Ningyuan responded.

After a few more pleasantries, Bai Ningyuan left the space to Ma Yun and them, he knew that after such a victory, he and his management needed some cheers and celebrations to release the huge pressure that had been accumulated in their hearts for a long time.

In the next few days, Bai Ningyuan was really not idle, except for Ma Yun really as he said, as he said, he did his best as a landlord and dragged Bai Ningyuan to play in Qiantang, Sun Zhengyi also found a time to visit him, so that Bai Ningyuan's trip to Qiantang this time had a compact feeling.

As for Carol Butz, after the shareholder meeting, he flew back to the United States directly, leaving only an assistant to deal with the follow-up related matters, I have to say that on top of many things in Ali Baba, this famous Iron Lady in Silicon Valley, many of her performances are a little substandard, which can be described as clumsy.

Of course, none of this has anything to do with Bai Ningyuan.

After staying in Qiantang for a few days, in early March, Bai Ningyuan flew directly to Lucheng with Ma Yun, together with a team of assistants and security personnel.

In March, although the north of China is no longer in the cold, it cannot be described as warm, but on the side of Lucheng, it can already be described as early summer, everywhere is a summer style of a coastal city, and the air is also filled with hot and humid breath, which makes Bai Ningyuan, who is used to dryness, quite uncomfortable.

Bai Ningyuan took his luggage to the hotel where he was staying, and was about to take a shower and rest, but at this time, the doorbell of the room was ringed, and the door was opened a little strangely, and Zhang Zilin's delicate face with a smile like a flower appeared in the random field of vision......

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