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.

was for the Moore family to hold 51% of the shares and Nippon Steel to hold 49%, but Nippon Steel’s idea was for them to hold 51% and

but it determines who

and has the absolute power to say one thing or

handed over to Nippon Steel, the Moore family will lose all

back and forth on

Steel’s top management: “Gentlemen, our cooperation this time, the reference is the automotive industry’s consistent mode of cooperation, in our country, local automotive enterprises, and overseas automotive enterprises to set up a joint venture company’s rules is the local enterprise share 51%, the overseas enterprise share 49%, after all, the enterprise is established in our country, also should be held by us, this point! I hope your

negotiating with Jasmine was the vice chairman of Nippon Steel, whose full name was

seniority, he was able to climb to the core

I know the kind of cooperation model you are talking

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