6-year restructuring for Three Complete Orientations Haier borrows no loan..
2004.07.23
6-year restructuring for Three Complete Orientations Haier borrows no loan..
Staff: Since China's central administration launched macro control and tight money policy, Haier has spent 6 years for management restructuring. At present, Haier does not borrow any loan from banks for floating capital. Haier's achievement in financial performance has attracted attention of medias and reports are released by Xinhuanet.com, People's Daily Online, Workers' Daily, Dazhong Daily and Qingdao Economy Daily.
"Haier management restructuring plays a significant role in Haier's independent capital performance. In the process of management restructuring, Haier put forward the so-called Three Complete Orientations: firstly, to gain first place in China and world's marketplace; secondly, to efficiently fulfill orders for customer satisfaction; thirdly, to distribute profits on the basis of contributions to the company, not the positions.