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.
for the Moore family to hold 51% of the shares and Nippon Steel to hold 49%, but Nippon Steel’s idea was for
but it determines who is
shareholder, and has the absolute power to say
the Moore
sides tug back and forth on this issue, but
a joint venture company’s rules is the local enterprise share 51%, the overseas enterprise share 49%, after all, the enterprise
with Jasmine was the vice chairman of Nippon Steel, whose full name was Hashimoto Kensen, and was a member of Nippon Steel’s core
seniority, he was able to climb to the core management so early, can be said to be a
the kind of cooperation model you are talking about in the automotive
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