The Charismatic Charlie Wade – Chapter 2046

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.

Jasmine’s idea 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 the Moore family to hold 49%.