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Focus on the Two Business Areas to Form the Latest Organizational Structure

2017.01.15

Bandao Stock released the latest organizational structure in 2017


Since started second venture in 2016, Bandao Stock has accumulated steadily, made unremitting self-improvement, actively explored and got countless achievements and glories, getting the initial results of second venture and clearing the development direction of the company more. The company’s future development strategy will focus on the field of broadband communication transmission and application equipment, the Internet health care and care equipment field. Since the annual planning work conference and mobilization conference of second venture on March 2016, annual work conference from August to September and the recent 2017 annual planning work forum attended by 17 operating units, more than ten subsidiaries have been set up and preliminary technology layout has been completed in Dalian, Shanghai, Taiwan and other places so that the company’s development strategy and strategic planning are increasingly clear. When determined the two business areas, the company put forward building three platforms, namely sales platform, Taiwan-mainland factory platform as well as product R&D and production technology center and established the company’s general principles and strategies: the outline is to insist on technology, the essence is to insist on the industry and the road is to insist on innovation.

Based on the 2016 exploration and future strategy planning, the company restructured its organizational structure in 2017 and recently announced its latest organizational structure in 2017. The major adjustment includes:

First, according to the division of the two business areas, restructure the original three business divisions to two business divisions, namely network communication division and intelligent products division.

Second, establish three business platforms that include: product R&D and production technology centers (Xinqiao&Taicang), intelligent production base (Xinqiao&Taicang) and global sales systems (brand business, direct marketing and subcontracting business).

Other unit systems include headquarter function platform, institutions directly managed by the general manager, special committee, department affiliated to the company and T&W Love Charity Foundation. Rise with the chickens and dance to brilliance. Under the framework of the latest organizational structure, business focus, process reengineering as well as power and responsibility clarity will be more conducive to our efforts to continue the journey of second venture so as to welcome a new brilliance in 2017.
 

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