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1、ACKNOWLEDGEMENTSThreeyearsstudiesinGuangdongUniversityofForeignStudiesisgoingtoanend.Ilearnedlotsofprofessionalknowledgeandgainedenlightenmentfromkindsofcasesinthepastthreeyears.Furthermore,Igainedgreatsupportfrommanyfriends.Iwantextendmygreatthankstoallteachersfor
2、theirconstantencouragementandguidance.Theyusegraduallearningstepstoletmelearnadvancedmanagementtheoriesandenrichmymanagementexperiencesbydetailedcases,whichisquitevaluableinmylife.Atthesametime,Ialsoowemysinceregratitudetomyfriendsandmyfellowclassmateswhogavemethei
3、rhelpandtimeinlisteningtomeandhelpingmeworkoutmyproblemsduringthedifficultcourses.Iwouldliketoexpressmydeepgratitudetomytutor,ProfessorGuoGuihang,whohaswalkedmethroughallthestagesofwritingthisthesis.Withouthisconsistentandilluminatinginstruction,thisthesiscouldnoth
4、avebeenfinished.ProfessorGuoisawonderfultutorindeed.Finally,Iwanttothankmyfatherandmother,whoraisedmeupandgivemegreatloveandsupportateverystageofmylife.IABSTRACTFinancialstrategyisthecapitalstructureandcapitalplanforthecompanytocooperatewithitsowndevelopmentandtoga
5、inthecompetitiveadvantage.Thecapitalplanincludesthreemajoraspects:fundraising,fundinvestmentanddividend,andmanagementofworkingcapital.Financialstrategyisadrivingfactorforprofitmode,andoperationalmodeneedstomatchthefinancialstrategy.Nowadays,manycompaniesareusingass
6、et-lightprofitmodel.Withaminimumcapitalinvestmentininventoryandfixedassets,andbythelong-termaccumulationofeffectivesupplychain,customerresources,brandculture,technologyresearchanddevelopment,humanresourcesandotherlightasset,leveragingandintegratinginsideandoutsider
7、esourcesoftheenterprisesespeciallythenon-financialresources,manyofthesecompanieshavecreatedauniquecompetitiveadvantageandachievedafairlygoodcorporatefinancialperformance.HLCo.Ltd.isatypicalcompanyusingthemodeofasset-lightoperation.Itsachievementsintheproductrange,b
8、usinessmodel,operationalmanagementandbrandculture,etc.,areagoodexampletoothercompanies.However,therearestillsomeproblemsandchallengesfacingthecom