Financial Strategy Restructuring Research On Minmetals Development Co., Ltd

As China's economic reform continues to deepen, enterprises' internal and external environment has experienced great changes. "Survival of the fittest, the unfit eliminated," In this new economic environment, many enterprises have implemented a strategy restructuring so as to achieve faster development in a longer term.Minmetals Development Co., Ltd. is hold by the state-owned China Minmetals Corporation. Mainly focusing on steel and raw materials import as well as export trading, this company got listed on the Shanghai Stock Exchange in 1997. In recent years, from simply relying on trading, Minmetals Development is gradually transforming to a production-based integrated flow control service provider relying on resources. This paper is divided into the preamble and another four chapters, with its main part reads as follows:The Preamble reveals background of this study, the issue approached, the significance of innovation and deficiencies.Chapter 1 discourses on corporate financial strategy restructuring on the theoretical basis. This chapter first gives the definitions of strategy, corporate strategy, financial strategy and then recall the development of strategic management theory course both at home and abroad, concluding that strategic management theory is the theoretical base of corporate strategy transformation. Then resulting from the strategic management theory, there is a conclusion on the enterprise level of strategy transformation and its process.Chapter 2 addresses the internal and external financial environment of Minmetals Development. Firstly, it analyzes the company's external environment and then the internal environment and internal financial accounting environment of Minmetals Development. Through the development of this chapter, the strategy to achieve the financial restructuring of the internal and external environment can be obtained.Chapter 3 mainly deals with on the formulation and choosing of strategic financial restructuring of Minmetals Development. After approaching to direction of its transition, the business objectives of strategy restructuring that Minmetals Development Finance strategy restructuring goals are also discussed. Through this chapter, the goal of financial strategy restructuring can be understood.Chapter 4 discusses the implementation and control of the finance strategy restructuring of Minmetals Development. This chapter discourses upon the implementation of financial restructuring strategy Minmetals Development should take into policy and during which, the control that is described. We can understand by this chapter what kind of policy Minmetals Development should take in the future financial strategy restructuring and furthermore, how to finance the implementation of the strategy under effective control.This study undertakes a comprehensive grasp of the financial strategy restructuring of Minmetals Development. Moreover, it also conducts a deep thinking of the corresponding control measures and finally offers advice.