XJ ELECTRIC CO.,LTD (000400)

Company to Employ McKinsey for Its Long Term Strategic Plans

Reporters have learned from the company that, following Ping An Trust and Investment Co., Ltd. becoming the controlling shareholder, the company has invited internationally renowned, Mckinsey & Company, to cooperate with the research and formulation of its strategic development and organisation reform plan.

Aiming at formulating an effective and practical program for the company, the strategic development plan includes analysis on long-term targets and the current status of the company. It also involves analysis on development trends of related markets, and planning implementation. The organisation reform plan includes performance management, organisation reform and lean production diagnosis.


Source: Shanghai Securities News

Date: 23 Jun 2008

CN01/MZ/AR/KM


Copyright NewsnChina 2009