SINOMACH holds an international business strategy symposium

Abstract On July 22nd, the Group held an international business strategy symposium. Xie Wei, deputy general manager and chief engineer Chen Xuedong attended the meeting. 16 companies including China National Group, China National Industry Corporation and SINOMACH, as well as the headquarters strategic planning department and capital operation. Department, business development department, equipment manufacturing department and other departments...
On July 22nd, the Group held an international business strategy symposium. Xie Wei, deputy general manager and chief engineer Chen Xuedong attended the meeting. 16 companies including China National Group, China National Industry Corporation and SINOMACH, as well as the headquarters strategic planning department and capital operation department. The main responsible persons of the Department of Business Development, Equipment Manufacturing Department and other departments attended the meeting.
The delegates spoke enthusiastically about “re-creating overseas new nationality”. Everyone agreed that international management is not only the requirement for the deployment of central enterprises by the State-owned Assets Supervision and Administration Commission, but also the inevitable choice and inherent requirement for the Group to become stronger and bigger, in the “Thirteenth Five-Year Plan”. In the first year of the year, it is very timely and necessary to start formulating the Group's international business development plan, and it is an important strategic plan to promote the "reconstruction of overseas new nationality."
Everyone put forward very good suggestions for the Group's future international operation. First, international operations must accelerate transformation and upgrading. On the basis of consolidating and developing traditional projects such as overseas engineering contracting and international trade, we will further enhance the level and promote the construction of overseas parks. Overseas mergers and acquisitions, greenfield investment, etc.; the second is to fully tap the internal synergy potential of the group companies, research institutes and manufacturing enterprises to play the advantages of technology and products, industry and trade enterprises to play the advantages of overseas channels and resources, to achieve "crowd out to the sea"; Provide institutional and institutional guarantees for international operations, and implement classified assessment and classified management of total wages for overseas companies and new overseas projects.
Deputy General Manager Xie Wei made a concluding speech and gave instructions on the significance, necessity, timing, conditions, management innovation and institutional mechanism innovation of “recreating overseas new national machine”. He pointed out that the future of the Group is overseas. To achieve good development, enterprises must unswervingly follow the path of internationalization. "Rebuilding overseas new nationality" is a long-term goal. The implementation of the target during the "13th Five-Year Plan" period is crucial. Important; At present, the international operation of the Group is still in its infancy. In the future, it is important to plan overseas investment mergers and acquisitions and carry out localized operations; each affiliated enterprise should carry out international operations according to its own characteristics and development stage, and it must be stable and stable, but also have the courage to try. In the practice, we will continue to accumulate experience and promote the continuous improvement of international management capabilities and levels.

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