In 2013, in the face of severe market conditions, Weichai Group has taken many measures to improve the management level for the long-term development of the company. Weichai Group applied lean management concepts, actively improved investment management methods, improved system processes, improved the quality of employees, improved project post-evaluation, researched policy trends, and strived to maximize investment returns. The first is to regulate the process system and establish an investment control system. The use of lean management concepts, changes in past arbitrariness, insufficiency of early-stage arguments, resulting in a large increase in late-stage management expenses, extensive investment models, institutional safeguards, and process specification, have led to the formulation of a set of “Project Projects – Evaluation Review – Project Approvals Implementation-supervision-project acceptance-post-assessment investment management paradigm for the entire process. The second is to organize special training for various investments and improve the ability of various departments to work together. Carry out the process of the fixed asset process. The company-wide grass-roots investment administrators were organized to explain the fixed assets investment process system, and in combination with typical cases, practical training on investment project management exercises was conducted, and the awareness of various departments' learning systems, implementation systems, and investment management capabilities were enhanced. Organize M&A special training to support the company's overseas strategic objectives, hire PricewaterhouseCoopers to organize special training on overseas investment, invite 6 senior investment experts at home and abroad to teach in the company, and more than 100 investment management and related businesses. The important positions of personnel are dedicated to the due diligence, M&A integration and other special knowledge in mergers and acquisitions. The third is to grasp the pre-evaluation and promotion of post-evaluation to ensure that the concept of lean investment falls. Implement lean arguments and prevent investment risks. In accordance with the institutional process, the verification of fixed assets and equity investment projects will be strictly conducted, and major investment projects will implement the “four-step investment verification methodâ€, that is, the first trial of the investment department, the professional audit of the functional department, the review of the expert team, and the joint office meeting (or board of directors). The final review of the shareholders' meeting will save nearly 100 million yuan for the company. Do a good post-project evaluation and summarize lessons learned. It has organized the Weichai (Yangzhou) Yaxing equity investment project invested by Weichai Group and the Weichai (Qingzhou) hydraulic equity investment project invested by Weichai Power. The fourth is to strengthen policy research and improve investment efficiency and returns. Special posts will be set up to study national support policies; pay attention to the external investment environment and identify investment directions; study overseas policies and regulations, avoid risks, and increase profits. O-Rings,O-Ring Kits,O Ring Seal Fenghua Jade Motor Co., Ltd. , http://www.china-topstarseals.com