Fifth......

There is a fifth point.

Fifth, it is rumored that when Penguin Technology was just rising, Zhang Chaoyang took a group of Internet companies to completely block Penguin Technology, without much commercial interest with Zhang Chaoyang. In addition, the recent acquisition of 17173 has started a war with Penguin Technology. Although, until now, Penguin Technology has not faced the battle. However, in terms of Penguin Technology, which has mastered instant messaging and search engines. If they really want to fight against Sohu, I'm afraid that the situation facing Sohu will be even worse.

To sum up, we strongly call on the shareholders' meeting to remove Zhang Chaoyang from the position of CEO.

If Zhang Chaoyang continues to lead it on his behalf, Sohu will definitely be finished.

There are five o'clock in total, there is real news, there is gossip, and even gossip news.

Regardless of whether these news are true or not, the current Sohu has indeed encountered a huge problem.

At the same time, as the CEO, Zhang Chaoyang, he is difficult to resolve.

This is a report from Sina Media.

Of course, this was not something that Zhang Ning discussed with Wang Zhidong.

As for why Sina came up with such a topic, it was completely Sina's own instructions.

In any case, Sohu is also a competitor of Sina. Although Sina has always been the dominant family, how can Sina keep if it has the opportunity to attack its competitors. Moreover, Wang Zhidong has always looked at Zhang Chaoyang unpleasantly before, and Sohu has encountered such a big crisis, if Wang Zhidong does not seize the opportunity to slam Zhang Chaoyang hard, he will not be Wang Zhidong.

In addition, in addition to Sina, some other media have also reported on such news.

Some people say that Zhang Chaoyang is still very good, and he does not agree with the recall.

Some people also said that Zhang Chaoyang was an obstacle to Sohu's progress and should have been removed a long time ago.

All of a sudden, there were those who were quite Zhang Chaoyang, and there were also those who were flat and Chaoyang.

It's just that, relative to Sohu and Zhang Chaoyang, he is already very busy.

Since an individual shareholder who didn't know what was going on halfway proposed to convene an extraordinary shareholders' meeting, Zhang Chaoyang has been a little flustered. If it was in normal times, Zhang Chaoyang asked himself, even if someone mentioned that he would be dismissed, he would not be afraid. However, at the juncture of the great failure of his own operation of Heaven, the outside world generally questioned his ability.

Therefore, Zhang Chaoyang has been contacting a large number of investors recently.

While some investors will continue to support Zhang, some capital investors have ambiguous relationships.

That is, he did not say that he supported it, nor did he say that he did not support it, so that Zhang Chaoyang was not at all sure.

"Mr. Zhang, no, William Capital has announced to the media that they have made it clear that they will not continue to support the current management."

The shareholding structure of Sohu is that Zhang Chaoyang holds 25% of the shares, making him the largest shareholder.

William Capital, with a 20% stake, is the second largest shareholder.

Subsequently, there are Intel, as well as a number of other companies, with 10% and 4% of the shares.

No. 10, that is, Zhang Ning entrusted a Wall Street investor named "Li Qiucheng" to buy stocks, accounting for 1%.

In addition to Zhang Chaoyang, the most important one is William Investment, so it said, that Zhang Chaoyang is already quite dangerous.

"What."

Hearing the news, Zhang Chaoyang retreated again and again, and he was almost about to fall.

He didn't understand that in just a few days, he could be removed from the CEO of a listed company in the blink of an eye.

This is unacceptable to Zhang Chaoyang, who has always been arrogant.

"Shi Li, you are responsible for the company first, I have to go to Intel and other shareholders."

There is no way, under the public statement of William Capital, Zhang Chaoyang can only go to Intel, which has been reluctant to go before.

Speaking of which, Sohu and Intel still have a past.

When Sohu and Sina NetEase successfully became the three major portals in China, Intel, which had been paying great attention to the Chinese market, found Sohu, and Intel hoped to reach a brand cooperation plan with Sohu at that time. Originally, such cooperation was a win-win plan, and there were no contradictions. However, because of Zhang Chaoyang's arrogant personality, he had a conflict with the person in charge sent by Intel to China. In the end, Zhang Chaoyang, who was angry, immediately signed a strategic cooperation plan with AMD and worked against Intel.

Similarly, Intel was furious at Zhang's move, and after Sohu went public, they bought about 10% of Sohu's shares through a brokerage. And, I hope that in a certain period of time, they Intel will be able to contain Sohu with 10% of the shares in their hands and bring them certain benefits.

Although Zhang Chaoyang later knew that Intel had bought his own shares, he had already done it and there was no way to do it.

However, even if Intel bought shares in Sohu. Zhang Chaoyang, who has always been arrogant, still has no good impression of Intel. Recently, all the ads they have made for computer CPUs have been AMD. This also allows the nascent China, although Intel processors occupy a certain market, but through the operation of Sohu, AMD has also achieved a considerable part of the market in China.

However, at this time, in order to keep his position, Zhang Chaoyang is going to Intel.

Although, Zhang Chaoyang knew that if he went this time, he was afraid that a lot of unequal treaties would be waiting for him.

But there is no way, Zhang Chaoyang must go.

It's a pity that Zhang Chaoyang went and completely tasted the trouble he caused by his arrogance back then.

For Zhang Chaoyang's arrival, although Intel did not show anything unkind. However, when Zhang Chaoyang mentioned that he hoped Intel would support him at the extraordinary shareholders' meeting next week, Intel despised Zhang Chaoyang, "Although we Intel want to support your Sohu, can you give me a reason to support your Sohu?" When Zhang Chaoyang directly said that he would reach a brand cooperation with Intel in the future, Intel once again said, "If we cooperated before, perhaps, we would still be absolute allies, but now, it is too late." ”

In the end, Zhang Chaoyang, who had no way, returned to Sohu again.

William Capital 20%, Intel 10% ...... Combined, it immediately exceeded 25% of its own.

Although they surpassed Zhang Chaoyang, Zhang Chaoyang may not step down, but at this time, Zhang Chaoyang is already quite dangerous.

"Shi Li, am I really not suitable to be in charge of Sohu."

Zhang Chaoyang, who was hit hard, sat in his very prominent boss chair with some decadence.

"No, it's not."

Shi Li shook her head, "Everyone can make mistakes, Mr. Zhang, you don't need to be like this." And, Mr. Zhang, we haven't lost yet. William and Intel are nothing, and we still have a lot of shareholders who haven't expressed their position. Add to that the 25% stake you own, and it's not certain who will win and who will lose. ”

"I know."

Zhang Chaoyang waved his hand, "I didn't give up, it's just that I'm just a little tired." If one day, when I want to rest, Shi Li, can you take care of Sohu. ”

"Me?"

"Mr. Zhang, what are you going to do here?"

"It's nothing, I'm just talking about it."

……

A few days later, the extraordinary general meeting of shareholders of Sohu was officially held.

As the chairman of the board, Zhang Chaoyang, although the equity is very heavy, but as a listed company, he can only accept the recall of his own extraordinary shareholders' meeting with grievances.

"Ladies and gentlemen, I think you have thought it through for so much time. I want to say that Sohu was created by me. In this world, no one knows Sohu better than me, and no one is more suitable for me to manage Sohu. Although in recent times, we have indeed encountered a little difficulty in Sohu. But I would say that any company that has been around for a hundred years will not be smooth sailing. I am willing to take responsibility for this previous mistake, and at the same time, I am also confident that in the coming days, I will revive Sohu. Thank you, and I will now proceed to the vote...... I'll come first, and I'll vote against. ”

Needless to say, Zhang Chaoyang must oppose others tyrannizing him.

"I agree."

The second voter was William Capital.

"I agree with that."

The third is Intel.

Combined, the two are already 30% of the shares, which exceeds Zhang Chaoyang's 25% in one fell swoop.

"I agree with that."

One of the shareholder representatives, who had not spoken at the end of the line, also began to vote.

"Drown, you."

Zhang Chaoyang's face was ugly, "Didn't you say that you support the current management?" ”

"I'm sorry, Mr. Zhang, I support your management, but the company doesn't agree, I'm sorry."

With that, Dhorn cast his vote.

"It's over."

When Zhuo En voted, Zhang Chaoyang sat down.

Although he knew that the representative of Zhuo En's side only had 5% of the shares, at this moment, he had already pronounced his death sentence.

The other party already owns 35%, plus 1% of the shareholders who mention yì, which is 36%...... If there is no accident, his position as CEO will be truly removed.

"Mr. Zhang, don't be discouraged, we still have a chance."

Shi Li, who was sitting next to Zhang Chaoyang, said softly.

"We still have a lot of retail investors who didn't vote, and we still have a chance."

36% did not exceed 50%, as long as it did not exceed 50%, it means that Zhang Chaoyang still has a chance.

It's just that at this moment, another person came in at the door of the extraordinary general meeting of shareholders, "President Shi, don't comfort you President Zhang, you President Zhang, you don't have any chance." ”

"Zhang Ning, why are you here?"

It was Zhang Ning who came to the seat of the Sohu extraordinary shareholders' meeting.

"Why can't I come?"

"Want to see jokes? Hmph, this is the Sohu shareholders' meeting, and it's not your turn to point fingers at Penguin Technology and go out. ”

Zhang Chaoyang was very annoyed and immediately shouted.

"I'm sorry, I'm afraid you don't have the qualifications to call me out."

Zhang Ning smiled and sat on the side of the shareholders' meeting, and then took out an equity transfer book, "I'm sorry, I forgot to tell you." Li Qiucheng's 1% stake in Sohu has just been sold to Penguin Technology. In other words, I am now a shareholder of your Sohu, Zhang Chaoyang, is there a CEO like you who drove out his own shareholders? Oh yes, I was wrong, after a while, you won't be the CEO of Sohu. ”