However, since someone is optimistic about Baidu's future development and wants to buy more stocks.
As the head of Baidu, Li Yanhong certainly wouldn't refuse.
Not only wouldn't he refuse, but he also hopes the other party buys a bit more.
It's a good opportunity to clear out those shareholders who can't synchronize with his vision.
How can Baidu thrive by associating with those parasites?
Moreover, the company's equity structure has long been optimized through his efforts, evolving into an AB shares system.
The voting rights between A shares and B shares are vastly different, and as the company's founder, most of the shares he holds are the A shares with more voting weight.
So even though he currently only holds 18.2% of the company's shares, the voting rights of this portion are as high as 59.3%.
It's equivalent to firmly controlling the company's operations at a relatively low cost.
The company is still under his sole command.
