Today, December 9, there was a meeting of shareholders of the world’s largest manufacturer of network equipment Bitmain. At this meeting, Mikri Zhang wanted to remove all current directors and continue to manage the company independently.
Breaking：Micree Zhan, ex co-founder of #Bitmain, just held a shareholds' meeting today, holding a proposal to recall all directors.
But shareholders rejected the proposal. According to one sharehold, " I dont know why Zhan hold this meeting, awkward "https://t.co/qrgJ3DTgfW
— BlockBeats (@BlockBeatsChina) December 9, 2019
But, unfortunately, the vast majority of shareholders rejected this offer. One participant said: “I don’t know why Zhang hold this meeting, awkward”.
Zhang lost his position in October 2019, and Cihan Woo replaced him. Zhang reacted rather eccentrically and threatened to war the new board of directors.