She decided to adopt a joint venture like an automobile company to introduce Habod Steel's cutting-edge technology in steel companies.
FAW-Volkswagen, JomgQuiznos Honda, and Valo Ford have basically adopted this kind of joint venture idea. After 2 to thirty years of joint venture development, these companies have indeed achieved very impressive sales results.
Habod Steel is also very interested in this cooperation, coupled with the Sona family's strength, land, and certain experience in the steel industry, it is also a very good potential partner for Habod Steel.
So the 2 sides hit it off, and the rest is the discussion and formulation of cooperation details.
Walan's idea is that the Sona family holds 51 percent and Habod Steel holds 49%, but the idea of ​​Habod Steel is that they hold 51 percent and the Sona family holds 49%.
Don't look at such a slight difference in proportions, but it determines who has the final say in a company.
Shareholders who reach 51 percent are undoubtedly the hugest shareholders, and they have absolute power to say anything about specific matters of the company.
Once the controlling rights are handed over to Habod Steel, the Sona family will lose all dominant positions in this cooperation.
At the negotiating table, both sides saw the issue back and 4th, but no one wanted to take a step back.
Walan said to Habod Steel's senior management: "Everyone, our cooperation this time refers to the usual cooperation model of the auto industry. In our country, local auto companies and overseas auto companies have established joint ventures with local companies to hold shares %, overseas companies hold 49 percent of the shares. After that, the company is established in our country and it should be controlled by us. I hope your company can understand this!"
The person responsible for negotiating with Walan is Habod Steel's vice chairman, whose full name is Jeremy Voton, is a member of Habod Steel's core management.
Jeremy Voton is 40 years old this year. In Onal, a society where qualifications are extremely important, he can climb to the core management so early. It can be said that he is a very right-handed person.
At this time, he looked at Walan and smiled slightly: "Miss Sona, I know the kind of cooperation model you mentioned in the automobile industry, but that kind of model is not suitable for this cooperation between Habod Steel and you."
Walan said with a calm expression, "Mr. Jeremy, why is it not suitable for our cooperation? I would like to hear more."
Jeremy Voton said with a smile: "1st of all, there are too many leading companies in the automotive industry. There are ToyJatak, Honda, and Nissan in Onal alone, BMW, Mercedes-Benz, Audi, and Volkswagen in Germany, and GM, Ford, and Chrysler in the United States. Not to mention the Ferraris, Lamborghini, and Maseratis in Italy. With such a huge number of competitors, it is inevitable that their peers will be underestimated. Everyone will often lower their prices for the Springsen market…"
Speaking of this, Jeremy's expression was stern, and he said seriously: "However, there are only several leading companies in the steel industry. Among the world's top 10 steel companies, half of them are on the list due to huge output. There are only 3 or 4 companies specializing in the core technology of special steel, and the only company in Onal is Habod Steel. You have a Springsen saying, "Rare is precious". Miss Sona for the rare cooperation of Habod Steel Partner, it is normal to sacrifice more interests!"
Walan hesitated again and again, and said: "Mr. Jeremy, I really can't give up any more shares. The Sona Group must hold 51 percent of the shares in this cooperation, but as compensation to Habod Steel, we can give rope in terms of income rights, Habod Steel has a certain degree of tilt. For all the net profits generated by our cooperation in the future, Habod Steel will enjoy 51 percent of the net profit income rights. What do you think of this?"
Jeremy Voton shook his head without hesitation, and said seriously: "Ms. Sona, we will not make any concessions on the equity issue. If we are willing to make concessions on this point, we will have deep cooperation with other steel companies in your country. How can we wait until today?"
To be continued...
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