Chapter: 2202

Song Wan-ting said calmly: "Mr. Kono, where does it not fit us? I'd like to hear more details." Updated fastest

Kono Chika chuckled and said: "First of all, there are too many head companies in the automobile industry. Just in Japan, there's Toyota, Honda, Nissan; Germany has BMW, Mercedes-Benz, Audi, and the masses, while America has General Motors, Ford, Chrysler... Italy has Ferrari, Lamborghini, Maserati, etc. In this situation where there are so many competitors, it's inevitable that there will be a phenomenon of mutual pressure to lower prices."

When he got to this point, Kono Chika's expression turned serious: "However, the top steel companies in the world have only a few, and half of them rely on producing large quantities to get on the list. The truly leading steel companies with unique core technology are only three or four, and among Japan's New Day Iron is one of them."

He then quoted a Chinese proverb: "Things become more valuable because they are rare," saying that for their cooperation, Song Wan-ting should not mind sacrificing some benefits.

Song Wan-ting hesitated and opened her mouth again: "Mr. Kono, regarding the stake, I really can't give in anymore. The Song family group must hold 51% of the shares in this cooperation... However, as a compensation to New Day Iron, we are willing to tilt our earnings rights in their favor. In the future, all our net profits will be enjoyed by New Day Iron with a 51% stake."

Kono Chika shook his head without hesitation: "Miss Song, we won't make any concessions on the issue of stakes. If we were willing to give in on this point, we would have cooperated deeply with other steel companies in your country long ago."

Song Wan Ting knew that the other party's words were not empty.

In fact, New Day Iron Group, being a top-tier steel conglomerate, is extremely sought after by any country.

Especially when it comes to their capabilities in special steel materials, which are unparalleled globally.

The applications of special steel materials are very broad, and the higher the level of sophistication, the greater the demand for such materials.

For example, the military industry.

The most common requirements for gun barrels and cannons are extremely high.

If the material is excellent, the lifespan and accuracy of guns and cannons can reach their best, but if the material is not up to par, the lifespan and accuracy will naturally suffer as well.

Some gun barrels may need to be replaced after being used several thousand times due to severe wear and tear.

Some cannons may only last a few hundred shots before reaching their lifespan, and even slight misuse could lead to a catastrophic failure, which would significantly impact battlefield outcomes if deployed.

Apart from that, the armor of tanks, the protective hulls of helicopters, and the flight decks of aircraft carriers all have extremely high requirements for steel materials.

So, everyone hopes to be able to deeply cooperate with New Japan Steel like that company.

However, New Japan Steel is also extremely shrewd.

They cooperate externally, not only having a huge appetite but also being very cautious and careful about patents and research results.

Even if they achieve cooperation, they won't take out the top-notch achievements from their treasure chest.

At most, they'll use some watered-down products to cover the civilian and military fields' cutting-edge technology, which they never disclose externally.

This time, cooperating with Song family, they want absolute control.

Let Song family come up, put in money, manpower, and territory, while doing things under their command.

As long as Song family agrees to this condition, they will gradually turn Song family into a puppet or eliminate Song family over the next few years.

Song Wan Ting didn't expect that she would have to give New Japan Steel two extra points of revenue rights, but New Japan Steel people still wouldn't agree. JrNovels.com