You’ve got to remember these trending hot words!

2018-06-25 10:09

　　Feishang New Thinking

　　Feishang’s distinctive new mindset is one in which all members of the Feishang Group firmly uphold the great banner of Xi Jinping Thought on Socialism with Chinese Characteristics for a New Era, as advocated by the Party Central Committee. Drawing on Feishang’s own strengths and more than a decade of commercial successes and failures, this new mindset represents a fresh approach to business in the new era. It encompasses three key aspects: maintaining a comprehensive perspective rooted in the “Four Fundamentals”; adhering to the “Five-in-One” business logic; and putting into practice Feishang’s three “1+1” or “dual-wheel-driven” philosophies of striving forward.

　　Four Foundations

　　The specific meaning of Feishang Group’s “Four Foundations” is as follows: based on the global macro-political, economic, and industrial landscape; based on China’s domestic economic and industrial conditions—including those in specific regions; based on the development patterns and trends of the industries involved; and based on the inherent advantages that Feishang has accumulated over the years through its own enterprises and industries. By conducting a comprehensive analysis across these four dimensions, we can identify opportunities and chart a strategic course, selecting from among them high-quality enterprises in niche industries where Feishang has the potential to become one of the top three globally—these will serve as our targets for large-scale investment.

　　Five-in-one

　　After successfully leveraging existing trends and selecting specific niche industry segments, Feishang Group adheres to a business model that integrates government, industry, academia, research, and capital—a five-in-one approach. Specifically, it leverages preferential policies and support from both national and local governments (“government”), aggregates and strategically deploys global value chains around the key production factors that enable leading positions in targeted industries (“industry”), collaborates with universities and research institutions boasting the strongest technological expertise and R&D capabilities in related fields (“academia” and “research”) to establish talent and technology platforms for these industries, and builds a publicly listed company platform for each industry segment (“capital”). By fully harnessing these capital platforms, the group effectively integrates various production factors and industry operational elements, ultimately scaling up and strengthening its enterprises to become leaders and integrators in their respective niche markets.

　　Three “1+1” or three “dual-wheel drives”

　　Feishang Group champions the “Pusher and Puller” philosophy: Feishang believes that each industry segment should be led by specialized professionals acting as “pullers”—excellent talents from within the industry who take the helm of operations. Meanwhile, the headquarters positions itself as a hub for strategic planning, capital management, and regulatory compliance, proudly assuming the role of “pusher.” Thus, the first “1+1” represents the partnership between “pushers” and “pullers.”

　　The second “1+1” refers to mechanisms and culture. The mechanism involves ensuring that key management personnel in Feishang’s subsidiaries hold a certain amount of equity and stock options. At the same time, Feishang applies the standards typically used by publicly listed companies to all of its subsidiaries’ business activities, striving to establish a comprehensive and effective oversight system. This approach aims to unite the entire organization—from top to bottom—so that everyone can pursue their best interests based on sound business ethics, and to build long-term and short-term incentive mechanisms for both the team and individual employees. Furthermore, the oversight system, with the goal of eventually becoming a publicly listed company, will help forge a robust and competitive advantage for the enterprise in the future.

　　Internally, Feishang emphasizes the “pusher-puller” philosophy. Externally, Feishang’s enterprise needs mergers and acquisitions and continuous growth; thus, Feishang is driven by a dual-wheel approach—industrial operations and capital management. The combination of industrial operations and capital management represents Feishang’s third “1+1.” However, as the saying goes, “inner virtue leads to external kingship”—without “inner virtue,” “external kingship” is simply impossible. That’s why the first and second “1+1” are placed at the forefront; they embody the concrete manifestation of inner virtue. The “1+1” of industry and capital comes later—only with “inner virtue” can one achieve “external kingship.” At the level of “tools and mechanisms,” Feishang has leveraged these three principles to forge a new way of thinking.

Jiangxi Feishang Forest Products Co., Ltd.