"Why hasn't Bai Sang come yet?"

"Don't worry about him, whether he comes or not, it doesn't have any impact on our meeting at all, how can he have his own opinions after so many years?"

"After all, Bai Sang has an 18% stake, which is not good. ”

"Let's get started. ”

The atmosphere in the conference room was slightly stagnant.

Although there were many people present, most of them involuntarily remained silent.

This is the shareholders' meeting of Ali Baba's headquarters, I don't know why, Bai Ningyuan, who was supposed to attend the meeting, did not appear, but under the strong pressure of Yahoo President Carol Butz, he still started today's agenda, don't look at this approach, it obviously does not meet the requirements, but all along, Bai Ningyuan's performance in Ali Baba, so that everyone does not care about his existence at all.

A person who never expresses his own opinions, never interferes in the company's operations, and always acts as an invisible person, since his ideas will not have any impact on the company, then what does it matter whether he attends or not?

At the beginning of the meeting, Ma Yun proposed to everyone present to divest Fortune Treasure from Ali Baba Company to avoid the current predicament faced by the central bank regulations for Fortune Treasure.

Although Ma Yun had tentatively communicated with Yahoo and SoftBank before, but there was no practical effect, but now, he has put forward the matter as a formal plan at the shareholders' meeting.

In Ma Yun's opinion, this is the best way to solve the current problem.

After all, the main purpose of this shareholders' meeting is to solve this matter.

"No, I'm not!" Carol Butz's shrill voice suddenly broke the silence in the conference room, although she spoke English, but there was no doubt that everyone present had a good level of English and could hear what she was trying to say.

This time, in order to get rich, Butz deliberately rushed from the United States to China, showing that Yahoo attaches great importance to this matter.

I have to say that in terms of results alone, Ma Yun's proposal is undoubtedly the best way to solve the current dilemma faced by Fortune Treasure, but for Yahoo and SoftBank, it is a huge damage to their interests.

What does Fortune Treasure mean to Ali Baba, the people present are very clear in their hearts, it can be said that Fortune Treasure is Ali Baba's biggest asset, and if they lose this asset, their investment can be said to be a loss of most of them.

This is unacceptable to them.

Among them, Yahoo's reaction was the most intense.

The reason is very simple, in the past, there has been a rift between Yahoo and Alibaba, and even a direct conflict has broken out.

The resignation of Yuan Yang, the founder of Yahoo, and the beginning of Carol Butz's coming to power, the honeymoon period between Yahoo and Ali Baba came to an end, and at the beginning of Butz's tenure in 09, Ma Yun went to the United States to visit, and Butz accused Ma Yun of not doing a good job of Yahoo Huaxia in front of Ali Baba's management, and bought hidden dangers for the relationship between the two sides.

According to the regulations, five years after Yahoo invested in Alibaba, Yahoo, which holds 39% of the shares of Alibaba Group, will increase its voting rights from 18% to 27.3% as agreed in the terms at that time, while the voting rights of management such as Mayun will be reduced from 49.1% to 39.8%, and SoftBank will maintain 29.2% of its economic interests and 20.3% The voting rights remain unchanged, and at this time, Yahoo and SoftBank will have more voting rights than Ma Yun and the management.

What's more, starting in October last year, the terms agreed by the three shareholders of Yahoo, SoftBank and Alibaba at that time that "Alibaba CEO Ma Yun will not be fired" expired. At this time, if SoftBank joins forces with Yahoo, it will have the opportunity to dismiss CEO Ma Yun in accordance with the board of directors or the company's articles of association.

The world is bustling, all for profit, the world is bustling, all for profit.

Because of the relationship between their respective interests, the contradictions between Ma Yun and other management and Yahoo have become extremely acute.

So when Ma Yun proposed to separate the fortune treasure from Ali Baba, whether it was out of his own interests or because of the contradictions between them, Butz immediately expressed his opposition.

Now Alibaba's management is also regretting why they introduced Yahoo's capital in the first place, making the current situation so passive.

Fortunately, SoftBank acts as a conciliator in it, otherwise, Alibaba would have been fighting within it a long time ago.

As for Bai Ningyuan, don't look at the popularity of the domestic business community, but in Ali Baba, he has always played the role of a soy sauce, who cares about him.

"Ms. Butz, please be sensible, now is not the time to be rash, the proposal I made is completely for the future development of Ali Baba, if the business of Zhifu Bao is stopped because of capital reasons, then our losses will be extremely huge, at this point, we are collaborators sitting on the same boat, now the regulations of the Central Bank of China have clearly regulated the proportion of foreign capital, and now the situation of Zhifu Bao is quite not optimistic, so I think that the method I proposed is the only feasible method at present。 Ma Yun continued to persuade Butz and SoftBank's Son Masayoshi eloquently.

"No, no, no, Fortune Treasure is one of our most precious assets, if it is stripped out like this, who will bear the losses of our investors?" Butz said loudly to Ma Yun with a righteous and stern look, but when she spoke, her eyes were always staring at Sun Zhengyi: "Mr. Sun, I don't think you want to see this valuable product slip away from your hands, Ma's practice is completely illegal possession of the company's assets." ”

When she spoke, she had a look of righteous indignation on her face.

"We will do our best to protect the interests of investors, and we can separate Chief Fortune into an independent company, and as for Yahoo and Microsoft, we can compensate appropriately. Ma Yun argued without showing weakness, with a sincere look on his face.

The focus of contention between the two sides was entirely focused on Son's body.

But from the beginning, Son Masayoshi didn't express any opinions, just a contemplative look, as if he was also making a difficult choice in his heart.

Should he continue to maintain a good cooperative relationship with Ma Yun and therefore follow Ma Yun's advice, or should he give priority to protecting SoftBank's interests? Different choices mean that he has to make different decisions.

For a time, Masayoshi Son, who owned nearly 1/3 of Ali Baba's shares, seemed to have become the most important weight to determine how the scales were tilted, and his decision was also related to the outcome of this game......

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