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11/25
2021
Stability
Since the corporate strategy defines the enterprise’s development objectives and is inherently long-term, as long as the external environment in which the strategy is implemented does not undergo significant changes—and even if some changes do occur, they are foreseeable—the strategic goals, guiding principles, priorities, and implementation steps set forth in the corporate strategy should remain relatively stable and avoid frequent, ad hoc revisions. However, when addressing specific issues that do not jeopardize the overall picture, a degree of flexibility should still be maintained.
Programmatic
Kingdom’s corporate strategy defines the company’s long-term overall objectives, direction of development, priorities, and path forward, as well as the fundamental guiding principles, major initiatives, and basic steps to be taken. These are all principled and overarching provisions that serve as an action plan. They must be translated into concrete action plans through processes such as elaboration, breakdown, and implementation.
Long-term nature
Kingdom’s business strategy both reflects the company’s need for long-term development and constitutes a comprehensive plan for how it will survive and grow over an extended period—five years or more. Any enduring, fundamental objectives and corresponding action plans designed to adapt to changing environmental conditions constitute a strategy, whereas approaches that flexibly respond to short-term shifts and address specific, localized issues are tactical in nature.
Globality
Kingdom’s business strategy is formulated with the overall picture in mind, based on the company’s overarching development needs. It defines the company’s comprehensive course of action and seeks to achieve enterprise-wide results. Although it inevitably encompasses individual operational activities, these are integrated into the strategy as organic components of the broader initiative. This, in turn, endows the business strategy with comprehensiveness and systematicity.
Overall Application Distinction Between Cutting Wheels and Grinding Wheels Materials
Sophisticated manufacturing techniques and specially selected raw materials set the products apart, giving users a wider range of options tailored to their specific needs for cutting and grinding wheels. Kingdom’s comprehensive classification of materials for cutting and grinding wheels highlights their intrinsic value. A product labeling system further enhances the ability to choose the right cutting and grinding wheels. Kingdom also employs color-coding to improve the identification of these wheels.
09/28
Five national standards for abrasives and abrasive tools, including “Terminology of Abrasives and Abrasive Tools,” have been released.
The national standard “Superhard Abrasive Products — Diamond Circular Saw Blades — Part 2: Sintered Blades” is submitted under the jurisdiction of TC 139 (National Technical Committee for Standardization of Abrasives and Abrasive Tools), implemented by TC 139/SC 3 (Subcommittee on Superhard Materials and Products of the National Technical Committee for Standardization of Abrasives and Abrasive Tools), and supervised by the China Machinery Industry Federation.
These ultra-hard materials and abrasive tool companies will benefit.
At the National Summit Forum for Specialized, Sophisticated, Distinctive, and Innovative SMEs held on July 27, it was emphasized that we must genuinely enhance our service mindset and capabilities, foster a favorable business environment, and nurture and support specialized, sophisticated, distinctive, and innovative enterprises. The capital market will create conducive conditions for the development of small and medium-sized enterprises.
The Path Forward for New Energy Vehicles in the Pursuit of Carbon Neutrality
Under the vision of carbon neutrality, how can global new‑energy vehicles better achieve market penetration? How can relevant government agencies and enterprises collaborate to advance the realization of carbon neutrality? At the recently held 2021 World New Energy Vehicle Conference, participants convened to discuss the theme “Fully advancing marketization, accelerating cross‑industry integration, and working together to achieve carbon neutrality.”