About Zigong Cememented Carbide Co.Ltd's Capital Operating Discuss

Zigong Cemented Carbide Co.Ltd.was established since!964.After 30 years'construction and development,the Company now possesses asset of 850 millions yuan and employees of more than 4000.The Company is the National Grade One Class Enterprise certified by both international and national orgnizations with market share of more than 25% in domestic cemented carbide industry.With entering the new century, Zigong Cemented Carbide Co Ltd. the Company has put fonvarded new developing direction and strategy target and detailed "the tenth Five" developing design.lt is belived that the Company should have prosperous and glorious developing future against the Company's existing basis and the product's advantage.and the joint efforts of both the management level and the employees.However,with the company's continuous and high speed increase in production,China entering the WTO and the market economy's further development,the Company developing way's transformation should be made to match the Company's Strategy target to offer new challenge for further development against the market economy's method.The Capital Operating refers to the choice and reorganization of Capital 's principal ,such as mergence ,purchasing and reorganization etc.,to establish asset organization system with more competition suitable for market economy's requirements in order to maximum capital valueadded target.The key point of capital operating is mergence,purchasing,reorganization and investmnt containing its specific content,principal and usage methed.The foreign developed countries began to use this means to develop its enterprises and economy for more that 100 years ago and obtained enormous success. In rescent 10 vears in our counrtry,some excllent enterprises,such as Hair,alsoused this instrument and achived a great success.This is a good example for Zigong Cemented Carbide Co. Ltd. But Zigong Cemented Carbide Co. Ltd has its own character,and has to be considered its own specialty and its location when using capital instrument. Only when the Company connect these two sides organically, then the realistic strategy target can be drawn up and the developing location can be chosen.Under guidline of the detailed mergenCe.purchasing, reorganization and investment's policy with hard effort and work ,the Zigong Cemented Carbide Co. Ltd future should be glorious and the Company's developing t-arget should come true.