ABAS Lectured on Business Transformation Seminar with the view of Outward Processing Trade Enterprises should face the Transformation Actively

ABAS Lectured on Business Transformation Seminar with the view of Outward Processing Trade Enterprises should face the Transformation Actively

September 13, 2007

    HONG KONG, Sept. 13 /Xinhua-PRNewswire/ -- On 7th Sep,
2007 , the 2nd Business Transformation of Outward
Processing Trade Enterprises Seminar, organized by Hong
Kong Productivity Council, was held in 4/F. of HKPC and
provided attendees with business transformation solutions
on tax, financing and IT. Mr. Vincent Lau, COO of Abas
Business Solutions (PRC) Ltd., gave a speech on "Easy
to open a shop but hard to keep it always open,
right?" and shared with attendees his understanding in
business transformation.  

    Since the end of 2006, Chinese government started
adjusting processing trade policies and issued successively
new policies including Processing Trade Ban Catalog, Taxes
Merge and Transfer Pricing, etc, which made these
enterprises encounter more and more pressure. Reviewing
previous preferential policies and the policies changes up
to now, many enterprises feel doubt about their future and
sighed with feeling of "Easy to open a shop but hard
to keep it always open".  

    Viewed from Mr. Lau, enterprises should face this
policies challenge actively and seek for business
transformation.  He said, "Taking Boeing Company for
example, it encountered a divergence on whether to produce
continually military aircrafts with fat profit or to
develop commercial aircrafts with bright future in 1952. 
Finally, in a long term, Boeing decided to develop
commercial aircrafts and put their 15 years' net profit of,
i.e, 25% of total assets in the same year for R&D of Jet
Aircraft 707.  Today, Boeing is successful and has a great
achievement."

    "Keep shop always open" is a taking-time and
laborious job. But the first thing is that we must have and
insist on a correct idea.  After reviewing the successful
case of HP and SONY, Mr. Lau mentioned "To build a
successful company does not depend on a single idea, single
product, single leader or single market policy.  It depends
on your Current Management's Mind Set!" It is very
important for enterprises to build its Core Value and
recruit highly competent, passionate staff to share it. 
Then integrate five factors including Standardization,
Systemization, Training, Innovation and Progress,
enterprises will become more and more effective,
competitive and successful.   

    Finally, Mr. Lau hopes that enterprises working on
processing trade could face this challenge and choose their
own development roads actively.  During this process, Abas
will try her best to provide effective solutions to help
them realize the transformation.  

    About Abas

    Abas Business Solutions (PRC) Ltd is a recognized
leader in delivering collaborative ERP solution.  It was
founded in Hong Kong in 2003 and established branches in
Shenzhen and Shanghai afterward.  It aims to provide
comprehensive ERP software and IT services from consulting
to software development & support to SMEs in China.
Now, we have over 1900 customers with 36000 users
worldwide.  For details, please visit our website:
http://www.abas-prc.com .


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