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Chapter 593 The two sides have differences

"Mr. Hasguchi, my country's policy of opening up to the outside world has remained unchanged. We support the trade freedom policy and are building a market economy. We welcome all companies that are friendly to China to invest in China, including direct investment in establishing enterprises, or joint ventures with existing enterprises in our country.

Therefore, we have a positive attitude towards the joint venture between Sanli Steel and Qinzhou Heavy Machinery Factory, and we fully believe in the sincerity of Sanli Steel and We hope that this cooperation will achieve a successful success."

A few days later, in a conference room of the Ministry of Foreign Trade, negotiations on the joint venture between Sanli Steel Institute and Qin Chong were held again. Feng Xiaochen, assistant general manager of the State Equipment Industry Company, who participated in the negotiations for the first time, made a passionate conversation at the beginning.

Including this time, the negotiations between China and Japan have been held five times. Several officials have said this statement similar to the above. However, this does not prevent Feng Xiaochen from saying these words again like a repeater. Hasegawa Yuto and Yoshioka Ma were also used to this. After Feng Xiaochen's long speech ended, they expressed their gratitude to China as usual and said some clichés such as sincere cooperation.

After the warm-up process ended, the negotiations between the two sides came to the main point. Feng Xiaochen said: "Mr. Hase, in the previous negotiations, the Northwest Economic and Trade Commission and Qin Chong's personnel have already expressed our opinions to you on Qin Chong's asset valuation, equity distribution and other issues. As a representative of the National Equipment Industry Company, I would like to discuss with you how to ensure the supply of equipment in my country's metallurgical industry after the two parties establish a joint venture. I also ask Mr. Hase and Mr. Yoshioka to give me advice."

"We are very much looking forward to Mr. Feng's insight." Yuto Hasea bowed slightly and replied.

"Mr. Hasegawa should be clear that Qin Chong is a key enterprise in my country's metallurgical equipment manufacturing, especially in the complete set of thin-plate continuous casting and rolling equipment, which is the highest technical level in my country. If Qin Chong's production capacity is affected due to joint ventures, my country will suffer great losses in the autonomy of metallurgical equipment. my country is a country that has suffered from the limited transportation of the Batumi Agreement for a long time. Mr. Hasegawa should be understandable about the concerns about equipment autonomy." Feng Xiaochen said.

Yuto Hasegawa nodded again and said, "We understand your country's concerns in this regard very much. In fact, the cooperation between Sanli Steel Institute and Qin Chong also hopes to help China improve its technical level in metallurgical equipment and take your country's equipment manufacturing capabilities to a higher level."

"However, I heard some rumors that Sanli Steel Manufacturing plans to abandon Qin Chong's original technology after the joint venture with Qin Chong, and reduce Qin Chong's investment in R&D, so that Qin Chong completely becomes Sanli's manufacturing base. Can Mr. Hasse tell me whether this rumor is true?" Feng Xiaochen said with a serious expression.

"This is a completely unfounded guess! It is a lie created by some malicious people!" Hasea Yutsu said decisively, with an angry expression on his face, as if he had suffered a huge grievance.

In his mind, there was another thought: what Feng Xiaochen said was exactly the idea of ​​Daoyan Kobayashi, chairman of Sanli Steel Corporation. This is not a secret among the senior management of Sanli, but how did it come to the ears of Chinese people? Did Feng Xiaochen really hear some rumors when he said these words, or was he exploring Sanli's intentions indirectly?

In fact, Feng Xiaochen did not need to listen to any rumors. What he said did happen in real history, although it did not happen in the field of metallurgical equipment. As soon as the domestic technology has improved, foreign competitors came to seek joint ventures with kindness and intentionality, and then used the controlling stake obtained in the joint venture to kill domestic technology in the cradle. This has happened more than once.

This time, Sanli insisted on obtaining the controlling stake of Qin Chong, and Feng Xiaochen could smell the conspiracy through Sanli. To put it bluntly, it was because Qin Chong's technology was developing too fast, which posed a threat to Sanli. Sanli wanted to eliminate this potential opponent once and for all.

Hearing Hasegawa Yuto's answer, Feng Xiaochen replied lightly: "Is that true? So can Mr. Hasegawa tell me whether Qin Chong's original technology will be retained after the joint venture between Sanli and Qin Chong, and whether Sanli has specific measures to help Qin Chong improve his technology."

"Of course, all of Qin Chong's original technology will be retained. Not only that, we also intend to transfer some of the core technologies of Sanli to Qin Chong, so that Qin Chong's metallurgical equipment technology can reach at least the international level in the late 1980s."

"Mr. Hassei said, is it your own idea or your company's meaning?"

"Of course it means the company."

"So, does your company have mature opinions on this issue?"

"Uh...that's certainly there."

"That's great." Feng Xiaochen suddenly showed a happy expression, as happy as a child who had just received New Year's money. He turned to look at Cui Yongfeng sitting beside him and said, "General Engineer Cui, have you discussed the issue of transferring technology to Qin Chong by Sanli Steel Corporation?"

"It has been mentioned, but it has not been discussed in detail." Cui Yongfeng said naively.

Feng Xiaochen said dissatisfiedly: "Why has such an important matter not been discussed in detail yet? What have you discussed in the past four negotiations?"

"This..." Cui Yongfeng looked hesitant and kept glanced at the Northwest Provincial Economic and Trade Commission and the officials of the Ministry of Foreign Trade, meaning that some words were inconvenient to say.

A deputy director named Xu Zhenbo from the Ministry of Foreign Trade coughed lightly and said, "Assistant Feng, this matter has nothing to do with General Manager Cui. In the previous negotiations, we mainly discussed the issue of controlling rights of the joint venture. On this issue, the two sides had some big differences..."

"Control equity, is this issue worth discussing so many times?" Feng Xiaochen muttered with a frown.

Wang Genji, who was sitting next to Feng Xiaochen, said in a low voice: "Assistant Feng, this is the problem. Sanli Steel Corporation proposed to occupy 51% of the joint venture, while we hope that they own no more than 49%. In this way, there was a disagreement between the two parties, mainly involving who can decide the final decision in the future joint venture."

He made a private chat with Feng Xiaochen, but his voice was not controlled to the point where others could not hear it. Perhaps because there was something wrong with his own hearing, so even if he spoke in a low voice, he could make everyone hear it clearly.

Feng Xiaochen didn't care either. He turned to Shi Fulin, deputy director of the Northwest Provincial Economic and Trade Commission, and said: "Director Shi, did we reach a consensus when we communicated two days ago? The issue of controlling rights can be negotiated. There is actually not much difference between Northwest Provincial Holdings or Sanli Holdings. Isn't Qin Chong still a domestic enterprise?"

"Yes, yes, Qin Chong is still in China after all." Shi Fulin couldn't understand Feng Xiaochen's meaning, so he could only follow his words and agree.

Feng Xiaochen turned around and said to Wang Genji: "Old Wang, you are also confused. Our equipment company is interested in the technology of Sanli Steel Institute. Didn't Mr. Hassei said that after the joint venture, Sanli will transfer all their most advanced technologies to Qin Chonglai. In this way, our country's metallurgical equipment level will suddenly reach the forefront of the world? How do we want to use the technology in our country? Isn't it very convenient?"

"Yes, yes, it's really not possible. Let's build another Qinzhou Second Heavy Machinery Factory and let Qin Chong copy the technology, that's all..." Wang Genji looked like he suddenly realized.

They were having a lively chat, and the translator from Sanli kept translating their words into Japanese and whispered to Yuto Hasegawa and Maya Yoshioka. Hearing Wang Genji's idea, Yuto Hasegawa's face turned dark, and he quickly interrupted the chat on the other side and said, "Mr. Feng, we did not promise to transfer all Sanli's technology to Qin Chonglai. After all, our company headquarters and joint ventures still have some technical differences."

"Why?" Feng Xiaochen asked in confusion.

"Because... some technologies belong to our company's core technologies, and the joint ventures are after all..." Hasiao Yu stopped talking, and the rest is waiting for Feng Xiaochen to understand it himself. Damn, your Director Wang has already said that once we transfer the technology to Qin Chong, you will let Qin Chong transfer the technology to other companies, and even the name of the company is called Qinzhou Second Heavy Machinery Factory. Do you understand the business rules? How can you do this?

Feng Xiaochen looked at Yuto Hasegawa and asked in surprise for a long time: "Mr. Hasegawa said that Sanli Steel Institute will not transfer advanced technology to Qin Chong?"

"Of course not. We will definitely transfer advanced technology to Qin Chong. But the technology we transfer will...uh, slightly lag behind the latest technology we have mastered. In fact, all international multinational companies do this, and a certain technical gradient must be maintained between the company headquarters and overseas branches. In addition, the ownership of the technology we transfer to the joint venture belongs to Sanli Steel Institute. Without our permission, it cannot be transferred to other companies without authorization." Yuu Hasegawa said stutteringly.

He felt very tired. These questions were obviously common sense issues and did not need explanations, and they should be recognized by both parties. But why does it seem that this assistant Feng didn't think so? Does he have any misunderstandings about the concept of a joint venture?

If the other party's expectations are to obtain Sanli's latest technology and plan to transfer it to other companies for use, then the differences between the two parties are immeasurable. What should he do to make the other party accept the reality? Also, once the other party is asked to give up such unrealistic expectations, will the other party take the issue of controlling rights in retaliation?

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