Chapter: 1892
On the second day of the Lunar New Year, when Ye Chen's family was still enjoying their vacation in the hot spring villa, Song Wanting had already started meeting with the senior management of Nippon Steel in Tokyo.
The Song family's involvement in steel manufacturing this time was a careful decision made by Song Wanting after thinking twice.
The iron and steel industry is the foundation of modern industrial development. Whether it is light industry, heavy industry or military industry, it is inseparable from the support of the iron and steel industry.
The Song family had dabbled in the steel industry earlier, but they never seized the opportunity to become bigger and stronger.
Now, Song Wanting took over the Song family, hoping to raise the overall industrial scale of the Song family to a higher level, so she decided to bet heavily on steel companies.
The specific plan is to establish a steel company focusing on special steel smelting in Haicheng, a city on the lower reaches of the Yangtze River not far from Jinling.
Haicheng is the city where Li Tailai is located.
Although Li Tailai is the richest man in Haicheng, his main focus is real estate and supporting commercial development, which is highly similar to Wanda Group's development direction and industrial form.
And Haicheng, because it is a city on the lower reaches of the Yangtze River, is closer to the sea, so shipping is also very convenient. The iron ore and iron ore purchased from Brazil and Australia can be easily transported to Haicheng by a 10,000-ton bulk carrier. city.
The most important part of the iron and steel industry is transportation. The amount of iron ore is huge, so shipping conditions must be supported to minimize costs. This is why almost all large iron and steel enterprises are established in coastal cities and cities along the river. the main reason.
The Song family had invested in a large piece of industrial land in Haicheng many years ago, which could just be used to build factories, so the only thing the Song family lacks now is a partner with strong research and development capabilities and a large number of steel patents.
Therefore, Song Wanting set the cooperation target as Japan's Nippon Steel.
She decided to adopt a joint venture method like an automobile company to introduce Nippon Steel's cutting-edge technology in steel companies.
FAW-Volkswagen, GAC Honda, and Changan Ford have basically adopted this joint venture idea. After 20 to 30 years of joint venture development, these enterprises have indeed achieved very impressive sales results.
Nippon Steel is also very interested in this cooperation. In addition, the Song family has strength, land, and experience in the steel industry. For Nippon Steel, it is also a very good potential partner.
So the two sides hit it off immediately, and the rest is to discuss and formulate the cooperation details.
Song Wanting's idea is that the Song family holds 51% of the shares and Nippon Steel holds 49% of the shares, but Nippon Steel's idea is that they hold 51% of the shares and the Song family holds 49% of the shares.
Don't look at such a small difference in proportion, but it determines who has the final say in a company.
Shareholders who reach 51% are the largest shareholders without a doubt, and they have the absolute power to say nothing about the specific matters of the company.
Once this controlling stake is handed over to Nippon Steel, the Song family will lose all dominance in this cooperation.
At the negotiating table, the two sides went back and forth on this issue, but no one was willing to take a step back.
Song Wanting said to Nippon Steel's executives: "Everyone, our cooperation this time refers to the consistent cooperation model of the automobile industry. In our country, the local automobile companies and overseas automobile companies set up joint ventures. The rule is that local companies hold shares51 %, overseas companies hold 49% of the shares, after all, the company was established in our country, and it should be controlled by us, I hope your company can understand this!"
The person in charge of negotiating with Song Wanting is the vice chairman of Nippon Steel, whose full name is Hashimoto Jinxian, and is a member of Nippon Steel's core management.
Hashimoto Jinxian is 40 years old this year. In Japan, a society that places great emphasis on seniority, he was able to climb to the core management so early, which can be said to be a very right-handed person.
At this time, he looked at Song Wanting and smiled slightly: "Miss Song, I know the cooperation model you mentioned in the automobile industry, but that model is not suitable for this cooperation between Nippon Steel and you."
Song Wanting said with a calm expression: "Mr. Hashimoto, what is not suitable for our cooperation? I would like to hear more about it next time." The update is the fastest
Hashimoto Jinxian said with a smile: "First of all, there are too many leading companies in the auto industry. In Japan alone, there are Toyota, Honda, and Nissan; in Germany, there are BMW, Mercedes-Benz, Audi, and Volkswagen; in the United States, there are GM, Ford, and Chrysler. Not to mention those Ferraris, Lamborghinis, and Maseratis in Italy. With so many competitors, it is inevitable that there will be a situation where peers are inferior, and everyone often lowers their prices for the Chinese market.�
Speaking of this, Hashimoto Jinxian had a serious expression on his face, and said seriously: "However, there are only a few leading companies in the steel industry. Among the top ten steel companies in the world, half of them are on the list because of their large output. There are only three or four companies with core technology of special steel, and Nippon Steel is the only company in Japan. There is a saying in China that "things are rare and expensive". Ms. Song is for such a rare cooperation with Nippon Steel. Partner, it is normal to sacrifice more interests!"
Song Wanting hesitated again and again, and said: "Mr. Hashimoto, I really can't back down on the equity. The Song Group must hold 51% of the shares in this cooperation, but as compensation for Nippon Steel, we can In terms of income rights, give Nippon Steel a certain amount of inclination, and Nippon Steel will have 51% of the net profit income rights for all the net profits generated by our cooperation in the future, what do you think?"
Hashimoto shook his head without thinking, and said seriously: "Miss Song, we will not make any concessions on the issue of equity. If we are willing to make concessions on this point, we have already cooperated deeply with other steel companies in your country. Why did you wait until today?" JrNovels.com
The Song family's involvement in steel manufacturing this time was a careful decision made by Song Wanting after thinking twice.
The iron and steel industry is the foundation of modern industrial development. Whether it is light industry, heavy industry or military industry, it is inseparable from the support of the iron and steel industry.
The Song family had dabbled in the steel industry earlier, but they never seized the opportunity to become bigger and stronger.
Now, Song Wanting took over the Song family, hoping to raise the overall industrial scale of the Song family to a higher level, so she decided to bet heavily on steel companies.
The specific plan is to establish a steel company focusing on special steel smelting in Haicheng, a city on the lower reaches of the Yangtze River not far from Jinling.
Haicheng is the city where Li Tailai is located.
Although Li Tailai is the richest man in Haicheng, his main focus is real estate and supporting commercial development, which is highly similar to Wanda Group's development direction and industrial form.
And Haicheng, because it is a city on the lower reaches of the Yangtze River, is closer to the sea, so shipping is also very convenient. The iron ore and iron ore purchased from Brazil and Australia can be easily transported to Haicheng by a 10,000-ton bulk carrier. city.
The most important part of the iron and steel industry is transportation. The amount of iron ore is huge, so shipping conditions must be supported to minimize costs. This is why almost all large iron and steel enterprises are established in coastal cities and cities along the river. the main reason.
The Song family had invested in a large piece of industrial land in Haicheng many years ago, which could just be used to build factories, so the only thing the Song family lacks now is a partner with strong research and development capabilities and a large number of steel patents.
Therefore, Song Wanting set the cooperation target as Japan's Nippon Steel.
She decided to adopt a joint venture method like an automobile company to introduce Nippon Steel's cutting-edge technology in steel companies.
FAW-Volkswagen, GAC Honda, and Changan Ford have basically adopted this joint venture idea. After 20 to 30 years of joint venture development, these enterprises have indeed achieved very impressive sales results.
Nippon Steel is also very interested in this cooperation. In addition, the Song family has strength, land, and experience in the steel industry. For Nippon Steel, it is also a very good potential partner.
So the two sides hit it off immediately, and the rest is to discuss and formulate the cooperation details.
Song Wanting's idea is that the Song family holds 51% of the shares and Nippon Steel holds 49% of the shares, but Nippon Steel's idea is that they hold 51% of the shares and the Song family holds 49% of the shares.
Don't look at such a small difference in proportion, but it determines who has the final say in a company.
Shareholders who reach 51% are the largest shareholders without a doubt, and they have the absolute power to say nothing about the specific matters of the company.
Once this controlling stake is handed over to Nippon Steel, the Song family will lose all dominance in this cooperation.
At the negotiating table, the two sides went back and forth on this issue, but no one was willing to take a step back.
Song Wanting said to Nippon Steel's executives: "Everyone, our cooperation this time refers to the consistent cooperation model of the automobile industry. In our country, the local automobile companies and overseas automobile companies set up joint ventures. The rule is that local companies hold shares51 %, overseas companies hold 49% of the shares, after all, the company was established in our country, and it should be controlled by us, I hope your company can understand this!"
The person in charge of negotiating with Song Wanting is the vice chairman of Nippon Steel, whose full name is Hashimoto Jinxian, and is a member of Nippon Steel's core management.
Hashimoto Jinxian is 40 years old this year. In Japan, a society that places great emphasis on seniority, he was able to climb to the core management so early, which can be said to be a very right-handed person.
At this time, he looked at Song Wanting and smiled slightly: "Miss Song, I know the cooperation model you mentioned in the automobile industry, but that model is not suitable for this cooperation between Nippon Steel and you."
Song Wanting said with a calm expression: "Mr. Hashimoto, what is not suitable for our cooperation? I would like to hear more about it next time." The update is the fastest
Hashimoto Jinxian said with a smile: "First of all, there are too many leading companies in the auto industry. In Japan alone, there are Toyota, Honda, and Nissan; in Germany, there are BMW, Mercedes-Benz, Audi, and Volkswagen; in the United States, there are GM, Ford, and Chrysler. Not to mention those Ferraris, Lamborghinis, and Maseratis in Italy. With so many competitors, it is inevitable that there will be a situation where peers are inferior, and everyone often lowers their prices for the Chinese market.�
Speaking of this, Hashimoto Jinxian had a serious expression on his face, and said seriously: "However, there are only a few leading companies in the steel industry. Among the top ten steel companies in the world, half of them are on the list because of their large output. There are only three or four companies with core technology of special steel, and Nippon Steel is the only company in Japan. There is a saying in China that "things are rare and expensive". Ms. Song is for such a rare cooperation with Nippon Steel. Partner, it is normal to sacrifice more interests!"
Song Wanting hesitated again and again, and said: "Mr. Hashimoto, I really can't back down on the equity. The Song Group must hold 51% of the shares in this cooperation, but as compensation for Nippon Steel, we can In terms of income rights, give Nippon Steel a certain amount of inclination, and Nippon Steel will have 51% of the net profit income rights for all the net profits generated by our cooperation in the future, what do you think?"
Hashimoto shook his head without thinking, and said seriously: "Miss Song, we will not make any concessions on the issue of equity. If we are willing to make concessions on this point, we have already cooperated deeply with other steel companies in your country. Why did you wait until today?" JrNovels.com
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