Chapter 1033 Negotiations Obstructed
Chapter 1033 Negotiation encounters obstacles
The overall living experience of Champs-Elysian hot spring villa is much better than that of Tongchen Yipin.
Located on the hillside with beautiful scenery, this place is not only excellent, but more importantly, it is very quiet, and the distance between villas is also very far, and the privacy is very good.
In addition, although the total price of the Champs-Elysian hot spring villa is about half that of Tangchen Yipin, in fact, in terms of building area and courtyard area, it is much larger than that of Tangchen Yipin villa.
The house prices in the city are very expensive, mainly because of the land price. The Champs Elysees is located in the suburbs, so the land price is much lower than that in the city.
Xiao Churan likes the environment here very much. For her, she hasn't had the opportunity to experience this relaxed and quiet life for a long time.
So, the family simply decided to stay here for a few more days during the New Year holiday and relax.
Dong Ruolin has been trying hard to invite Xiao Churan and Ye Chen to visit Yanjing, but Xiao Churan is still hesitating. She feels that going to Yanjing will inevitably have to go back and forth again. Moreover, no matter how good other people's houses are, they are far less comfortable and comfortable than living in other people's houses, so she is a little hesitant.
On the second day of the Lunar New Year, when Ye Chen and his family were still enjoying holidays in the hot spring villa, Song Wanting had already started meeting with senior executives of Nippon Railway in Tokyo.
The Song family's entry into steel manufacturing this time was a careful decision after Song Wanting thought about it three times.
The steel industry is the foundation of the development of modern industries. Whether it is light industry, heavy industry or military industry, it cannot be separated from the support of the steel industry.
The Song family had been involved in the steel industry earlier, but they had never seized the opportunity to become bigger and stronger.
Now, Song Wanting takes over the Song family, hoping to increase the overall scale of the Song family's industrial scale, so she decided to bet on steel companies with a lot of money.
The specific plan is to establish a steel enterprise focusing on special steel smelting in Haicheng, a city in the lower reaches of the Yangtze River, not too 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 the development direction and industrial form of Wanda Group.
Haicheng, because it is a downstream city of the Yangtze River and is closer to the sea estuary, is very convenient for shipping. The iron ore and iron ore sand purchased from Brazil and Australia can be easily transported to Haicheng through a 10,000-ton bulk cargo ship.
The most important part of the steel industry is transportation. The amount of iron ore is huge, so shipping conditions must be used as support to minimize costs. This is also the main reason why almost all large steel enterprises are built on coastal cities and riverside cities.
The Song family invested in a large industrial land in Haicheng many years ago, which happened to be used to build factories. So the only thing the Song family lacks now is a partner with strong R&D capabilities and a large number of steel patents.
So, Song Wanting set her cooperation goal for Japan's new Nippon Railway.
She decided to adopt a joint venture like an automobile company to introduce the cutting-edge technology of Nippon Steel in steel companies.
FAW-Volkswagen, GAC Honda, and Changan Ford basically adopt this joint venture idea. After 20 or 30 years of joint venture development, these companies have indeed achieved very impressive sales results.
Xin Nikko is also very interested in this cooperation. In addition, the Song family has strength, land, and certain experience in the steel industry. For Xin Nikko, it is also a very good potential cooperation partner.
So the two sides hit it off, and what remains is the discussion and formulation of the details of the cooperation.
Song Wanting’s idea is that the Song family holds 51% of the shares and the New Nippon Steel holds 49% of the shares, but the New Nippon Steel holds 51% of the shares and the Song family holds 49%.
Although it is just such a subtle proportional difference, it determines who has the final say in a company.
A shareholder with a reaching 51% is undoubtedly the largest shareholder. He has the absolute power to speak out in specific matters of the company.
Once this controlling stake is handed over to the hands of XinniTrung, the Song family will lose all dominance in this cooperation.
At the negotiating table, both sides tug-of-war with this issue, but neither of them was willing to take a step back.
Song Wanting said to the senior executives of Nippon Railway: "Everyone, our cooperation this time is based on the consistent cooperation model of the automobile industry. In our country, the industry rules for establishing joint ventures with local automobile companies and overseas automobile companies are that local enterprises hold 51% of the shares and overseas enterprises hold 49%. After all, the company is established in our country, and we should be the one who controls the shares. I hope your company can understand this!"
The person in charge of negotiating with Song Wanting is the vice chairman of Nippon Railway. His full name is Hashimoto Kin-sen, and he is a member of Nippon Railway's core management.
Hashimoto is 40 years old this year. In Japan, a society that attaches great importance to qualifications, he can climb to the core management level so early, and he can be said to be a very right-hand man.
At this time, he looked at Song Wanting and smiled and said, "Miss Song, I know the cooperation model of the automobile industry you mentioned, but that model is not suitable for the cooperation between Nippon Telecom and you."
Song Wanting said with a calm expression: "Mr. Hashimoto, where isn't suitable for cooperation between us? I'm willing to hear about it later."
Hashimoto said with a smile: "First of all, there are too many leading companies in the automotive industry. Japan alone includes Toyota, Honda and Nissan, Germany has BMW, Mercedes-Benz, Audi and Volkswagen, the United States has GM, Ford, Chrysler, Italy's Ferrari, Lamborghini, and Maserati. Not to mention, in this case of many competitors, it is inevitable that the peers will be inferior to each other. People often lower their quotations for the Chinese market..."
Hashimoto's expression was stern and said seriously: "However, there are only a few leading enterprises in the steel industry. Among the top ten steel enterprises in the world, half of them rely on large output to make the list. There are only three or four companies that truly have core technologies of special steel. There is only one in Japan. There is a saying in China that is called "Scarcity is precious". It is normal for Ms. Song to sacrifice more interests for such a rare partner as our New Japan Railway!"
Song Wanting hesitated and said, "Mr. Hashimoto, I can't give in to the equity anymore. Song Group must hold 51% of the shares in this cooperation. However, as a compensation for Nippon Railway, we can give Nippon Railway a certain tilt in terms of income rights. In the future, all the net profits generated by our cooperation will be Nippon Railway. What do you think of this?"
Hashimoto shook his head without thinking and said seriously: "Ms. Song, we will not make any concessions in equity issues. If we were willing to make concessions at this point, we would have worked in-depth with other steel companies in your country. How could we wait until today?"
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