Restructuring Methods

Financial restructuring is the process of adjusting a company's capital structure, debt, and other financial resources to optimize capital utilization, reduce financial costs, and improve its overall financial situation.

• Debt restructuring: Negotiate with creditors to change payment terms, extend repayment periods, reduce interest rates, or convert debt into equity.
• Increase/decrease in charter capital: Issuing additional shares, attracting new investment, or reducing charter capital to balance the scale of operations.
• Asset restructuring: Liquidate unnecessary assets, optimize the investment portfolio, and focus resources on core assets.
• Cost restructuring: Review and cut unnecessary costs, optimize operational processes to reduce expenses.
• Changes in ownership structure: Attracting strategic investors, changing shareholder ownership ratios.

Financial restructuring must comply with the regulations in the 2020 Enterprise Law, the 2019 Securities Law, and relevant decrees and circulars guiding capital, assets, and information disclosure. 

Organizational restructuring is the process of changing the organizational structure, management system, and operating methods of a business in order to optimize work efficiency, enhance coordination, and increase labor productivity.

• Redesigning the organizational model: Switching between models (functional, product, geographic, matrix) aligns with the development strategy.
• Departmental restructuring: Merging, splitting, and establishing new units to increase operational efficiency.
• Improve delegation of authority and responsibility: Clarify the roles, responsibilities, and duties of each position.
• Strengthening the personnel structure: Evaluating and reorganizing personnel, reducing staff numbers, and attracting talent.
• Building a corporate culture: Change your mindset, behavior, and working methods.

Business restructuring is the process of adjusting a company's strategy, business model, product/service portfolio, and market to maximize efficiency and competitiveness.

• Adjusting business strategy: Re-evaluate the vision, mission, goals, and development direction.
• Review the product/service portfolio: Eliminate underperforming products, focus on core products, and develop new products.
• Market restructuring: Reassess the current market, expand or contract the market, and identify potential markets.
• Change the business model: Transform the way we create value, reach customers, and generate revenue.

Process restructuring involves redesigning a company's operational processes to eliminate non-value-adding activities, optimize performance, and improve product/service quality.

• Process redesign: Analyze and redesign workflows for a leaner and more efficient process.
• Adopting new technologies: Digitalization, automation, and the application of modern technologies in management and operations.
• Continuous improvement: Develop improvement documents and encourage innovation from employees.
• Implement management systems such as ISO, LEARN, Six Sigma, and Kaizen to improve efficiency and quality.