Proceedings of the 2025 10th International Conference on Financial Innovation and Economic Development (ICFIED 2025)

<Previous Article In Volume
Next Article In Volume>

Study of the Relationship between Strategic Transformation and Financial Performance: Taking Beijing Beifang Yongda Intelligent Electric Co, Ltd.as an Example

Authors
Jiachen Li1, *
1Sun Yueqi Honors College, China University of Mining and Technology, Xuzhou, Jiangsu Province, China
*Corresponding author. Email: 09230397@cumt.edu.cn
Corresponding Author
Jiachen Li
Available Online 5 May 2025.
DOI
10.2991/978-94-6463-702-1_7How to use a DOI?
Keywords
Box-type substation; Beijing Beifang Yongda Intelligent Electric Co., Ltd.; Strategic transformation; Financial performance
Abstract

With the rapid development of the Internet and the digital economy, more and more scholars pay attention to the transformation of enterprises. As one of the few box-type substation manufacturers with a large production scale within Beijing, Beijing Beifang Yongda Intelligent Electric Co., Ltd. Faces the need for strategic trans-formation. This paper systematically combs through the whole process of the company’s strategic transformation by using case and literature analysis methods, and conducts a detailed analysis of the internal and external aspects of the enterprise. The results of the study show that a rational strategic transformation that responds to market and policy changes will have a great positive impact on the company’s financial performance. At the same time, the positive reforms are necessary for a firm to stand out from its peers and take the lead in the market. This study provides practical experience for the transformation path of box-type substation manufacturers.

Copyright
© 2025 The Author(s)
Open Access
Open Access This chapter is licensed under the terms of the Creative Commons Attribution-NonCommercial 4.0 International License (http://creativecommons.org/licenses/by-nc/4.0/), which permits any noncommercial use, sharing, adaptation, distribution and reproduction in any medium or format, as long as you give appropriate credit to the original author(s) and the source, provide a link to the Creative Commons license and indicate if changes were made.

Download article (PDF)

<Previous Article In Volume
Next Article In Volume>
Volume Title
Proceedings of the 2025 10th International Conference on Financial Innovation and Economic Development (ICFIED 2025)
Series
Advances in Economics, Business and Management Research
Publication Date
5 May 2025
ISBN
978-94-6463-702-1
ISSN
2352-5428
DOI
10.2991/978-94-6463-702-1_7How to use a DOI?
Copyright
© 2025 The Author(s)
Open Access
Open Access This chapter is licensed under the terms of the Creative Commons Attribution-NonCommercial 4.0 International License (http://creativecommons.org/licenses/by-nc/4.0/), which permits any noncommercial use, sharing, adaptation, distribution and reproduction in any medium or format, as long as you give appropriate credit to the original author(s) and the source, provide a link to the Creative Commons license and indicate if changes were made.

Cite this article

risenwbib
TY  - CONF
AU  - Jiachen Li
PY  - 2025
DA  - 2025/05/05
TI  - Study of the Relationship between Strategic Transformation and Financial Performance: Taking Beijing Beifang Yongda Intelligent Electric Co, Ltd.as an Example
BT  - Proceedings of the 2025 10th International Conference on Financial Innovation and Economic Development (ICFIED 2025)
PB  - Atlantis Press
SP  - 61
EP  - 71
SN  - 2352-5428
UR  - https://doi.org/10.2991/978-94-6463-702-1_7
DO  - 10.2991/978-94-6463-702-1_7
ID  - Li2025
ER  -