The Amazing Son in Law The Charismatic Charlie Wade novel Chapter 2046

Chapter 2046

She decided to adopt a joint venture approach, as in the case of the automobile companies, to introduce the cutting-edge technology of Nippon Steel in the steel business.

FAW-Volkswagen, GAC-Honda, GM Ford, all basically adopted this joint venture idea, and these enterprises, after 20 or 30 years of joint venture development, also really achieved very proud sales results.

Nippon Steel is also very interested in this cooperation, plus the Moore family has the strength, land, and also a certain amount of experience in the steel industry, it is also a very good potential partner for Nippon Steel.

So the two sides hit it off right away, and all that remained was the discussion and formulation of the details of the cooperation.

Jasmine’s idea was for the Moore family to hold 51% of the shares and Nippon Steel to hold 49%, but Nippon Steel’s idea was for them to hold 51% and the Moore family to hold 49%.

Don’t look at such a small percentage difference, but it determines who is in charge of a company.

The 51% shareholder is the unquestionably largest shareholder, and has the absolute power to say one thing or the other on specific matters of the company.

Once this control is handed over to Nippon Steel, the Moore family will lose all dominance in this partnership.

At the negotiation table, the two sides tug back and forth on this issue, but no one is willing to take a step back.

Jasmine said to Nippon Steel’s top management: “Gentlemen, our cooperation this time, the reference is the automotive industry’s consistent mode of cooperation, in our country, local automotive enterprises, and overseas

automotive enterprises to set up a joint venture company’s rules is the local enterprise share 51%, the overseas enterprise share 49%, after all, the enterprise is established in our country, also should be held by us, this point! I hope your company will understand!”

The person in charge of negotiating with Jasmine was the vice chairman of Nippon Steel, whose full name was Hashimoto Kensen, and was a member of Nippon Steel’s core management.

Hashimoto Kensen this year forty years old, in Japan’s society that attaches great importance to seniority, he was able to climb to the core management so early, can be said to be a very right-wing person.

At this time he looked at Jasmine and smiled slightly, “Miss Moore, I know the kind of cooperation model you are talking about in the automotive industry, but that model is not suitable for this cooperation between New Japan Railway and you.”