After indirectly criticizing Gong Yongfu and Sun Yuan, Li Zhaojun formally began to take charge of the group's self-rescue.
The resolution to withdraw 100 million yuan from the group's capital to repurchase shares passed smoothly, but the second step of having shareholders raise funds to repurchase shares encountered dissenting opinions.
Apart from Li Zhaojun herself, all the shareholder directors claimed they didn't have enough money or that time was too tight to raise funds, and they were only willing to contribute a portion.
In truth, the directors no longer held a positive outlook on Emali Group's prospects.
With the second and third largest shareholders teaming up against the largest shareholder so severely, it was unlikely that other minor shareholders would view Emali Group's prospects favorably.
Emali Group could be described as facing internal troubles and external threats.