Chapter 1211: The Responsibility of Justice

When Datang Chen Shanzhi walked out of the conference room, when the reporter Liang Jiade walked out of the conference room, when several small shareholders and Gao Yonggang walked out of the conference room...

The middle and senior employees of SMIC who were not entitled to attend this time and were just strolling around were confused.

Why did they all leave?

Didn't they just arrive a while ago?

I took out my phone and checked the time. It was only 9:45.

What happened?

Were they beaten out?

They didn't call us in to help beat them.

The major shareholders and their group hurried away, and soon even the car disappeared from sight. Then there was a confirmed news that it was over. This interim shareholders' meeting with four proposals was over.

As for the way it ended...

Just as Datang used its status as a major shareholder to cast a key dissenting vote at the shareholders' meeting, President Fang represented the will of the majority of shareholders this time and crushed the voting process with an unmatched advantage.

Stand up, speak, and end.

51.6%.

This does not include shareholders who can vote on the spot, such as CIC and Shencheng Industrial, and after going through the necessary procedures, the final number of votes in favor is 70.2%, and the total valid votes account for 97.2% of the total share capital.

In the recent shareholders' meeting, the total equity of shareholders who participated in the vote was 46.41%. In just over half a month, SMIC, a company with very dispersed equity and shareholders spread across China and abroad, should vote as much as possible.

Why are they so enthusiastic this time?

Because they hold real stocks with real money in their hands...

For the majority of shareholders who have never exercised their voting rights, on one side is Datang, which suddenly launched an attack, and on the other side is Mr. Fang, who has been deeply involved in the industry for many years...

Obviously, whether from the perspective of telling stories, talking about stock prices or from the perspective of long-term development of the company, most shareholders unanimously believe that the latter is the better choice to stabilize SMIC at this moment.

This is a consideration of practical interests in addition to public opinion and emotions.

There were many participants in this interim shareholders' meeting, and the details were quickly revealed, such as "When Mr. Fang opened his mouth, the people from Datang collapsed in their seats", "Mr. Fang scolded the head of Datang on the phone", "The shortest interim shareholders' meeting in history", "Duan Yongji suddenly let go"...

Exaggeration is always a bit exaggerated, but the overwhelming momentum of this shareholders' meeting did surprise many people.

Including the media that followed this storm, everyone generally believed that there would be a fierce vote. After all, Datang is the major shareholder. After the results came out, everyone's opinions were suddenly modified. After all, Datang is just a major shareholder holding 16.83%.

When there is no tiger in the mountain, the monkey is king.

When a tiger comes to the next mountain, the monkey will naturally abdicate.

As for whether the monkey will make a comeback later...

SMIC's public solicitation of proxy voting rights is like this, which is almost unprecedented and united against the major shareholder's intervention in operations. This trend is quite amazing!

In this way, Datang's shareholding may not support them to continue to try and put Datang's interests above SMIC's overall interests.

The interim shareholders' meeting on July 15 ended, CEO Wang Ningguo and CTO Yang Shining jointly appeared, and the major shareholder Datang Lightspeed was defeated, which undoubtedly made the best bridge for the differences within the company.

Fang Zhuo did not leave immediately after voting, but held a meeting with a group of senior executives to talk about his views on the storm, SMIC's current situation and future.

However, at the end of the meeting, Walden's Chen Liwu suddenly proposed a suggestion to let Mr. Fang serve as a member of the Supervisory Board to better help SMIC's management and operation.

SMIC's senior executives all knew that Director Chen and Mr. Fang stood together. When they heard such a suggestion, no matter what they thought in their hearts, they all agreed.

"This is not necessary." Fang Zhuo scanned everyone's expressions and gave a clear refusal.

"Mr. Fang, you also said before that the Supervisory Board should play its role. With you here, the Supervisory Board will definitely be better." Chen Liwu really believed this.

"People's energy is limited. The management and operation of SMIC still needs people who are familiar with the situation. If there is a real big problem, I will not hesitate to try the temporary shareholders' meeting again." Fang Zhuo said this with a serious expression, "After all, I am also a shareholder of the company. My opinions can be effective for Datang as well as for others."

There is a bit of warning in his words, but under the background of today's light-speed solution to Datang, this did not cause any backlash.

Chen Liwu saw that Mr. Fang did not want to refuse and give in, so he had to give up.

"This is just a farce in Datang. I am very pleased that our timely response has ended the turmoil." Fang Zhuo concluded, "Now, I just hope that SMIC's development can continue as usual, and I also hope that SMIC's research and development will continue to increase. At the same time, I hope that Bingxin's technical cooperation with SMIC can shine more brightly in the industry."

He finally looked at CEO Wang Ningguo and CTO Yang Shining: "I hope Yike can place an order here one day."

Wang Ningguo and Yang Shining accepted Mr. Fang's unlikely prospect. How could Bingxin split Yike's order...

Fang Zhuo arrived at SMIC by car in the morning and left in the evening.

There are already many missed calls and unanswered messages on the phone. SMIC's turmoil this time is not small, and after adding his own factor, the spread is even more amplified. When today's results are clear, many friends have called to confirm the real situation.

Fang Zhuo simply glanced over some of the messages that he had not had time to read, and he did not have much motivation to reply.

As he said at SMIC, he really thought that Datang was a farce this time, and solving it would not bring much sense of accomplishment. Perhaps in addition to maintaining industrial development, Dr. Jiang's concerns and entrustment touched him more.

At 7:30 in the evening, Fang Zhuo did not go home, but returned to the president's office of Yike, which happened to overlook the beautiful night view of the city.

At this time, Zhang Rujing called in.

He got the information of the shareholders' meeting at the first time, but he didn't call until now, and he was still excited: "Mr. Fang, Mr. Fang! This is what everyone wants!"

"I told you." Fang Zhuo said calmly, "One is losing money year after year, and the other is making so much money that he has been on the list for consecutive years. There is also Bingxin next to him. What is there to choose?"

Zhang Rujing sighed: "This is... This is the reputation of the industry. This is really following Mr. Fang's lead. No matter what you say in the future, I will not say anything."

Fang Zhuo knew that Lao Zhang was teasing, and smiled: "Okay, okay."

"Mr. Fang, raise another sum of money for me, and I will follow Mr. Fang's lead in the future." Zhang Rujing took the opportunity to bring up a serious matter.

Fang Zhuo said, "Well, I'll let the Wafer Alliance take the lead. It should be easier to raise money."

"What are you pretending to be..." Zhang Rujing stopped talking to a leader with great industry reputation and expressed his gratitude, "Then I'll thank you first, thank the Wafer Alliance."

He paused, and said sincerely, "Thank you on behalf of Dr. Jiang."

Fang Zhuo said, "Well, I can't stand it. He helps you, you help him, and then help me, and then help back. No need to thank me so much."

"You have to thank me, thank Mr. Fang for shouldering the moral responsibility and destroying the Tang Dynasty with a ruthless hand." Zhang Rujing returned to his original tone.

Fang Zhuo felt that this was not what Mr. Zhang would say.

Sure enough, when the call ended, Zhang Rujing sent the news headlines he saw on Yixin.

Sohu: shouldering the moral responsibility.

Sina: destroying the Tang Dynasty with a ruthless hand.

And, NetEase summarized it: Mr. Fang shouldered the moral responsibility and reappeared the ruthless hand to urge the Tang Dynasty.

As for some small media, the wording used in the reports is not so particular.

——Fang Zhuo defeated another major shareholder of a company with his rich experience in the battle for equity he is familiar with.

——The killer of major shareholders!

——Sina, Morningstar, Datang... Who is next? AutoNavi?

I got home late today...