Ma Yun the name pays the valuable reorganization is for the group and the shareholder benefit

Today holds in Hong Kong Alibaba B2B at Corporation general meeting of shareholders, Alibaba group board of directors president the concurrently chief executive officer horse cloud, responded for the first time has received the attention the payment valuable stockholder's rights change event.
Ma Yun had not denied that explicitly “pays the valuable reorganization not to attain the Alibaba group board of directors authorizes” the view, only stressed that said “for the group and the shareholder benefit, must such make” (transfer payment valuable stockholder's rights). the Yahoo! issued yesterday the statement name, Alibaba will pay valuable giving the company incident which controls stock to Ma Yun not to attain the board of directors to authorize. Ma Yun answers the shareholder at today's general meeting of shareholders time the question, is not explicit denied. Ma Yun said: “the payment treasure to our group, the shareholder biggest benefit is, if the payment treasure is illegal, if pays valuable has attained the license plate, washes valuable paralyzes. How washes paralyzes Alibaba to reform, how to grow valuable? As for the group management, only then means that only then a road, makes the correct decision. Tallies the national law, tallies the transparent principle, to tally lets the group sustained development.” “pays the valuable matter to be somewhat complex”, Ma Yun indicated that the Reba group has insisted three principles in the entire process: 100% legitimate, 100% transparent and insist company's lasting development. Ma Yun said that a board of directors time has not participation discusses, if did not know that this matter, is nobody can believe. the horse cloud simultaneously also indicated that pays the valuable question also in the discussion, not yet settles down.afterward the Alibaba CFO Cai respects and believes when accepts the net easy science and technology interview, also evades discussed pays reorganizes valuable whether to obtain the board of directors to authorize. He said that pays license plate's application for the third party, the Alibaba group must such do, is also gathers the gauge legitimately. about the Alibaba stockholder's rights buy-back's related progress, Ma Yun also at the meeting disclosed today that last year and Yahoo! discussed the stockholder's rights buy-back question, Yahoo! had agreed originally, but “the speech does not turn out as said” finally has terminated the negotiations, to this matter, he expressed that “is disappointed”.