Journal of East China Normal University (Philosoph ›› 2013, Vol. 45 ›› Issue (4): 125-130.

• 企业管理 • Previous Articles     Next Articles

Focusing on Main Business and Diversifying Investment: Compatibility or Contradiction?:A Case Study on Youngor

YE De-lei & TIAN Yan-hua   

  • Online:2013-07-15 Published:2013-09-09
  • Contact: YE De-lei & TIAN Yan-hua
  • About author:YE De-lei & TIAN Yan-hua

Abstract: If Youngor simply and mechanically had focused on the development of garment industry in the time of listing, it would have been restricted by a series of environmental factors. In a specific stage of economic development in China, it is reasonable for Youngor to choose the three carriages of garment industry, real estate and financial investment as its industrial layout. Youngor’s practice should not be simply interpreted as ignoring its proper occupation. Focusing on main business does not mean that a company should not be involved in any other industry or business at any time. The development mode of Youngor brings enlightenment to others, but it should not be simply imitated. Youngor’s practice of investment choice actually reflects the development environment of China’s real economy. What we need to do is to clean up and optimize the economic environment rather than simply require enterprises to follow certain rules or disciplines.

Key words: Youngor, main business, diversified investment