EY Strategic Growth Forum™ session highlight
Entrepreneurship – success factors in China
Leading entrepreneurs and investment experts from the high-tech, new energy and service sectors shared their insights and experience on the importance of access to funding and capital markets, as well as enterprise development, entrepreneurship and strategies and issues to consider for expanding into the Chinese market.
To be successful, companies must clearly define core strategies and accurately forecast future growth. It’s also important to understand all of the funding options and financial resources required for the different phases of growth. The panel’s insights included:
- Be patient, learn the market, then take action
- Engaging with clients and learning about their needs is critical to service-providing enterprises.
- Transformation and innovation are essential for companies to maintain healthy development.
- Building a culture is important.
These insights are from a panel moderated by Paul Go, Assurance Partner, EY. The panelists were Arthur Chow, Co-founder and CEO, 6waves; Wayne Dai, Founder, Chairman, President and CEO, VeriSilicon Holdings Co., Ltd.; Stacey Martin Wong, Deputy Head of Preparation Group; China Minsheng International Holdings Ltd. (Preparation Group); Yang Guoping, Chairman, Dazhong Transportation (Group) Co., Ltd,; Yao Gongda, Chief Executive Officer and General Manager, Daqo New Energy Corp.