Chapter: 2201

The housing prices in the city are very high, mainly due to the land value. Since our place is located in a suburban area, the land value is much lower compared to the city.

Shi Chuoran really likes this environment. For her, it's been a long time since she's had the chance to experience such a carefree and peaceful life.

So, the whole family decided to just stay here for a few more days during the New Year holiday to relax properly.

Dong Ruolin has been trying to invite Shi Chuoran and Ye Chen to Yanjing as guests, but Shi Chuoran is still hesitant. She thinks that going to Yanjing would inevitably lead to back-and-forth travel, and even if someone's home is nice, living in someone else's house is nowhere near as comfortable as being at one's own home.

On the second day of the New Year, Ye Chen's family was still enjoying their holiday at the hot spring villa when Song Wan Ting had already started her meeting with high-ranking officials from Nihon Steel in Tokyo.

This time, the Song family ventured into the steel manufacturing industry after careful consideration and deliberation.

The steel industry is the foundation of modern industrial development, regardless of whether it's light industry, heavy industry, or military industry. It cannot be separated from the support of the steel production sector.

The Song family has been involved in the steel industry for a long time, but they've never had the opportunity to grow strong.

Currently, Song Wanying took over the Song family business and hopes to scale up their industry by a notch, so she decided to heavily invest in the steel company.

Specifically, the plan is to establish a specialized steel processing plant in the city of Hai City, which is not too far from Jinling. Hai City is also where Li Tailei resides.

Although Li Tailei is the richest man in Hai City, his main focus is on real estate and commercial development, similar to the direction and industry pattern of Wanda Group.

Due to Hai City being a downstream city along the Yangtze River, it is closer to the ocean, making transportation very convenient. Iron ore and iron sand can be transported from Brazil and Australia through 10,000-ton bulk cargo ships and easily reach Hai City.

The steel industry's most critical link is transportation; the amount of iron ore used is enormous, so there must be a transportation condition in place to support it, which is why almost all large-scale steel companies are established in coastal or river cities.

She decided to adopt a joint-venture approach like an automobile company, introducing New Day Iron's cutting-edge technology in the steel industry.

Oneauto, Guangqi Honda, and Changan Ford have basically adopted this joint-venture mindset. These companies have undergone over 20 years of joint development and have indeed achieved very impressive sales results.

New Day Iron is also very interested in this cooperation, plus Song family has the ability, land, and certain steel industry experience, making it a very good potential cooperative partner for New Day Iron.

So both parties quickly agreed, leaving only the discussion and drafting of cooperation details.

Song Wan-ting's idea was that Song family would hold 51% stake, while New Day Iron would hold 49%. However, New Day Iron had a different idea, thinking they should hold 51%, with Song family holding 49%.

Although it seems like just a slight difference in proportions, it ultimately determines which company has the final say.

Once the controlling stake is handed over to New Day Iron, Song family will lose all leadership positions in this cooperation.

The negotiators on both sides went back and forth on this issue, but neither party was willing to give in an inch.

Song Wan-ting told New Day Iron's high-level executives: "Gentlemen, our approach this time is based on the conventional joint-venture model in the automobile industry. In our country, domestic automobile companies and overseas automobile companies form joint ventures with a 51% stake held by the domestic company and 49% stake held by the overseas company. After all, the company was established domestically, and it should be controlled by us. I hope your company can understand this point!"

Responsible for negotiating with Song Wan-ting was New Day Iron's Vice President, Kono Chika, a core member of New Day Iron's management team.

Kono Chika was 40 years old this year and had climbed to the top of his organization in Japan, where seniority is highly valued. He could be described as having an exceptional right-hand man.

At this moment, he looked at Song Wan-ting and smiled slightly, saying: "Miss Song, I know you're talking about a cooperation model in the automobile industry, but that model doesn't suit our cooperation with your family's group this time." JrNovels.com