Research On The Overseas Investment Strategy Of HOROC Group

Today,the world economy has begun to develop rapidly.Capital expansion has become the goal of all countries and nations in the world.Both developing and developed countries hope to enhance their international status through capital expansion.However,along with the continuous globalization of the economy and the fierce competition in the market,Chinese companies have to keep up with the pace of the times and go abroad to look at the world with a strategic vision.As a country's foundation,mineral resources have become an important area for competition from all over the world since the industrial revolution.In recent years,General Secretary Xi Jinping has been advocating the construction of the Silk Road Economic Belt.In response to the call of the state,many domestic enterprises have sought opportunities to “go out” and catch up with the new trend of “One Belt,One Road”.China and the countries along the “Belt and Road” mainly cooperate in infrastructure construction,mining,timber and construction industries.The demand for minerals is on the rise in recent years,and the sustainable supply and production of ore and mineral products is of great importance to the implementation of the “Belt and Road” initiative.Since the reform and opening up,in order to accelerate the growth of the domestic economy and realize the great rejuvenation of the Chinese nation at an early date,mineral enterprises have begun uncontrolled mining of their own mineral resources,resulting in the depletion of many mineral enterprises' own mineral resources in recent years.These company cannot continue to maintain production.In order to ensure the sustainable development of enterprises,more and more Chinese mineral enterprises keep up with the pace of the times,they extended their hands to other overseas countries with rich resources.They have made overseas investment and transnational operations as a new strategic guideline for enterprises.Overseas listing,acquisition of mining rights of overseas companies,mergers and acquisitions of enterprises with minerals overseas.However,although domestic mining companies have invested a large amount of money in overseas mineral resources markets,overseas mineral resources investment has hardly created much revenue for enterprises through surveys of overseas investment minerals in recent years.Enterprises are even on the verge of bankruptcy because of overseas investment in minerals.Firstly,this paper introduces the main projects of HOROC Group's overseas investment,understands the scale of HOROC Group's overseas investment,and makes clear the strategic intention of HOROC Group's overseas investment.Secondly,through the study of HOROC Group's overseas investment project investigation,strategic planning,financing methods and management mode,it is analyzed that HOROC Group lacks a complete overseas investment development strategy planning in the process of overseas investment,lacks effective evaluation of investment projects,lacks effective follow-up management of investment projects and other problems,as well as various investment risks encountered in overseas investment.After that,through the analysis of the mineral resources,production and management,and capital of HOROC Group,the causes of these problems were found.Finally,according to the results of the study,the optimization scheme which is in line with the actual situation of the company and beneficial to the future development is proposed.Based on the study of overseas investment of HOROC Group in this paper,the possible problems of overseas investment of enterprises and the consequences of such problems are analyzed from different perspectives.Meanwhile,the optimization scheme and rectification Suggestions are proposed for enterprises,which have important reference value and significance for the future overseas investment of China's mineral enterprises.