Arriving at the door of SM Entertainment's largest conference room, Lee Soo-man personally opened the door. The originally noisy environment in the conference room instantly became quiet due to the opening of the door.
Everyone looked towards the door, at Lee Soo-man and Kim Young-min, or perhaps more at the person standing behind them - Lee Won-bin, Chairman of Kering Group.
Although there have been rumors that Chairman Lee Won-bin will attend SM Group's extraordinary shareholders' meeting, when these small shareholders actually faced Chairman Lee Won-bin, they still felt an invisible pressure.
And those small shareholders who had already prepared to stand in the Align Partners camp, when they saw Lee Won Bin, even thought of betraying Align Partners.
In fact, this is the sorrow of small shareholders.
Perhaps to outsiders, being a shareholder of a large entertainment group may seem glorious, but only they know that within this group, they have no say at all.
Being forced to take sides is a common occurrence, and it is not impossible to be doomed if you are not careful.
Especially looking at the current situation, Lee Soo-man has obviously stood under Lee Won-bin's feet, and he seems full of confidence facing today's extraordinary shareholders' meeting.
If I stand against Lee Won-bin and Lee Soo-man at this time, I might be bullied by them in the future. But if I join Lee Won-bin's camp later and give Lee Soo-man some face, I won't lose out in the future, right?
So with this idea in mind, many small shareholders began to think about betraying AlignPartners.
Lee Soo Man glanced at everyone in the conference room, pausing especially briefly on AlignPartners president Kim Seung-ho.
Jin Chenghao had an inexplicable smile on his face, but his eyes were full of coldness. As the saying goes, how could this person smile but have such cold eyes?
But none of this matters...
Walking into the conference room, Li Yuanbin immediately saw five empty seats not far away. The names of three of his people were written on the three empty seats in the middle.
"Chairman Lee, Secretary Park, and President Song, you can just sit here." Lee Soo-man pointed to the three empty seats with their names written on them and said softly.
According to common sense, Park Seol-yoon could not attend the meeting, but Lee Soo-man still prepared a seat for her.
Li Yuanbin nodded, without saying anything more, raised his leg and walked towards the empty seat. Then, after nodding to everyone present, he swaggered and sat down in the empty seat in the middle.
Park Seol-yoon sat in the empty seat to the right of Lee Won-bin, Song Jae-joon sat on the left, and the remaining two seats naturally belonged to Lee Soo-man and Kim Young-min.
At nine o'clock in the morning, the SM Group's extraordinary general meeting of shareholders was held as scheduled.
As in previous years, Lee Soo-man, the artist director and chief producer of SM Entertainment, took the stage to deliver a speech, and a group of people in suits sat in the audience listening to Lee Soo-man's speech.
Half an hour later, Lee Soo-man finally finished his speech.
The rest is the normal process of the extraordinary general meeting of shareholders.
The person in charge of today's meeting replaced Lee Soo-man and stood on the podium. He glanced at the people in the audience and said into the microphone, "The second item of the meeting is the proposal regarding the election of the company's board of directors and supervisory board."
In this stage, the nomination of directors is divided into two parts: the first part is the nomination of non-independent director candidates, and the second part is the nomination of independent director candidates.
The nomination of non-independent director candidates includes the following two parts:
The board of directors nominates a list of director candidates, which is proposed by the nomination committee and approved by the current board of directors. The board of directors then submits the list to the shareholders' meeting for voting in the form of a proposal.
Then comes the shareholder nominations. Shareholders who individually or collectively hold more than 3% of the company's shares can propose director candidates to the current board of directors. The board of directors will conduct a formal review and submit the candidates to the shareholders' meeting for voting after approval.
In the nomination of independent director candidates, the company's board of directors, supervisory board, and shareholders who individually or jointly hold more than 1% of the company's issued shares may propose independent director candidates, and the election decision shall be made by the general meeting of shareholders.
The same applies to the nomination of supervisors. The current chairman of the supervisory board shall propose a list of supervisory candidates. After the resolution is passed by the current supervisory board, the supervisory board shall submit it to the shareholders' meeting for voting in the form of a proposal. Alternatively, shareholders who hold more than 3% of the company's shares individually or in total may propose supervisory candidates to the current board of directors, which shall conduct a formal review and submit them to the shareholders' meeting for voting after approval.
Of course, this work had been completed fifteen days ago.
The purpose of holding an extraordinary shareholders' meeting today is to discuss proposals related to the election of new leaders, otherwise Li Yuanbin would not be present.
After all, Lee Won-bin can only be regarded as a shareholder of SM Group and has not interfered in the operation of SM Group.
As soon as the host finished speaking, a group of shareholders in the audience began to discuss in low voices until a list appeared.
There are many candidates on this list, including those nominated by Lee Soo-man, those nominated by Align Partners, and of course those nominated by shareholders like Lee Won-bin.
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A scattered count of the number of people is nearly ten.
After the host gets the list, the next step is the final voting. The host extracts all the names from the system and projects them one by one onto the big screen.
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