Chapter 152 Board of Directors Re-election



Including these people's recommendation letters, personal resumes, academic qualifications, some work experience, etc.

Next, it is time for major shareholders to vote.

"The following is information about Chief Li Chengxiu."

While the host pulled up Li Chengxiu's information, he spoke to all the shareholders in the audience.

Then the votes are counted and tallied...

President Kim Young-min, Singer Economic Director Zhuo Yongjun, Amusement Planning Director Park Jun-young, Director Cai Xiwan, Business Director Ji Chang-hoon of Keiryun, Representative Director Li Kangfu, etc.

One by one, names and resumes appeared on a large screen not far away, and all shareholders present began to vote.

According to the agreement, when it was Lee Soo-man's faction's turn, Lee Won-bin, Song Jae-jun and others voted in favor. When it was Kering Group's turn, Lee Soo-man's faction voted in favor. When it was AlignPartners' faction's turn, both sides voted against it.

Gradually, everyone present saw the signs, and the small shareholders who were originally in the AlignPartners camp turned against them and betrayed President Jin Chenghao.

Seeing that the situation was hopeless, instead of following behind Kim Seung-ho and fighting to the death with Lee Won-bin, Lee Soo-man and others, and hurting 800 of his own people before losing 1,000 others, it would be better to join Lee Won-bin's camp, cast a vote in favor, and show his sincerity in front of them.

In this way, an extraordinary shareholders' meeting full of dangers was easily resolved because of Li Yuanbin's arrival.

Finally, three hours later, the extraordinary general meeting of shareholders finally ended and the final members of the board of directors were determined.

Lee Sung-soo, head of SM Entertainment's production department, was appointed as president of SM Group, Zhuo Yongjun, head of SM Group's singer economic department, was appointed as president of SM Group, and Park Jun-young, head of SM Group's amusement planning department, was appointed as internal directors of SM Group; Chae Hee-wan, head of Kumho Electric, and Ji Chang-hoon, head of Kering Group's business department, were appointed as external directors of SM Group; and Lee Kang-kang, representative director of CJ Entertainment, was appointed as a supervisor.

AlignPartners' Kim Seung-ho was defeated and did not gain any advantage in this board re-election, while Lee Won-bin became the final winner.

Everything that Jin Chenghao and others did behind the scenes paved the way for Li Yuanbin, allowing Li Yuanbin to easily acquire a lot of SM Group shares and successfully intervene in the operations of SM Group without any effort.

It is worth noting that President Kim Young-min’s name was not on the final board list, which means that he was completely kicked out of the board.

This was of course Li Yuanbin's masterpiece, and he succeeded with a little trick.

When recommending Kim Young-min, Lee Won-bin voted in favor, but Song Jae-jun voted against, so that in the final statistics, Kim Young-min lost by just one vote.

Kim Young-min could not accept such a result. His face turned pale and he kept staring at Lee Won-bin until the end of the meeting.

Kim Young-min knew in his heart that Song Jae-joon dared to do this, of course he had the authorization of Lee Won-bin. Everyone present knew that Song Jae-joon's immediate superior was Lee Won-bin. Without his authorization, how could the president of a small mobile game company dare to do this?

But the result is already a fact. Even if Kim Young-min wants to start over, he will have to wait another three years.

In the conference room, the two happiest people are undoubtedly Lee Won-bin and Lee Soo-man.

Lee Won-bin got a seat on the SM Group board of directors, while Lee Soo-man got the seat because he kicked out Kim Young-min and made his own person the president.

That’s right, Lee Sung-soo is Lee Soo-man’s man!

So Lee Soo-man looks very proud now.

After the extraordinary shareholders' meeting, Lee Won-bin and his group came to Lee Soo-man's office to chat, and Kim Young-min suddenly rushed in from outside.

He was seen to have an angry look on his face, no longer as calm as before.

Kim Young-min's eyes were filled with anger. He glanced at Lee Soo-man, who was smiling, and then at Lee Won-bin, saying sarcastically, "Chairman Lee is really a good trickster!"

Li Yuanbin slowly put down the teacup in his hand and looked at Jin Yingmin with a surprised expression: "Jin Yingminxi, why do you say that?"

"Chairman Li is completely disregarding the agreement between us!" Kim Young-min didn't even look at Song Jae-jun, his eyes fixed on Lee Won-bin.

Hearing this, Li Yuanbin smiled.

Li Yuanbin shrugged, looked at him with a puzzled look, and said, "I voted in favor at the extraordinary shareholders' meeting. Jin Yingminxi should have seen it too!"

Jin Yingmin sneered and glanced at Song Jaejun standing beside him: "So President Song Jaejun acted on his own?"

Lee Soo-man looked at the three people arguing with each other in front of him, sitting silently on the Diaoyutai.

When Li Yuanbin heard Jin Yingmin's question, he turned his head and looked at Song Jaejun. His meaning was very clear, that is, "You solve it!"

After receiving the instructions, Song Jae-jun was no longer afraid.

"Kim Young-min, how can you blame me for this? At that time, I thought you had a sure win, so I thought of casting my vote for Zhuo Yongjun so that I could carry out my work in the future. But I never expected that you would lose the election just by one vote!" Song Jae-jun explained calmly to Kim Young-min, who had an angry look on his face.

After listening to Song Jae-jun's words, Kim Young-min became furious.

How could Kim Young-min believe such nonsense?

If he really believed it, he would have been the president of SM for so long in vain!

Jin Yingmin took a deep breath, calmed himself down, and looked back at Li Yuanbin. After a moment of silence, he slowly said, "Humph! But I tell you, I can choose your people, but I can also remove you. I will call a shareholders' meeting right now, kick your people off the board, and remove you from your seat on the board!"

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