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Internship Experience in Corporate Finance at Baofeng Cable Group, Hebei, China

During my 1.5-month internship at Baofeng Cable Group in Hebei, I worked in the Finance Department, gaining hands-on experience in corporate finance while participating in diverse projects. The experience enriched my understanding of equity and debt financing in China, enhanced my time and stress management skills, and improved my presentation abilities. Living in Beijing and visiting Hubei’s Yichang City added cultural depth to my experience, allowing me to engage with local business practices and lifestyle. This opportunity has broadened my horizons and deepened my appreciation of Chinese business culture.

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Internship Experience in Corporate Finance at Baofeng Cable Group, Hebei, China

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  1. Hebei Internship河北實習 Chan Yuk Kuk, Douglas

  2. Baofeng Cable (Group) Company Limited 寶豐電纜有限公司集團

  3. Company background • private enterprise in Hebei (河北) • producing electrical cables and wires • During my term, Baofeng Co. has established new subsidiaries in Hubei (湖北) and Beijing.

  4. Job specification • An internship employee in the Finance Department (融資部) • Related to corporate finance

  5. Internship in China • Work in Beijing, Tianjin, Hubei • 1.5 months • Participated in different kind of projects

  6. Expectation • To gain more work experience • To broaden my understanding of corporate finance • To develop confidence in using a wide range of skills • To learn more about the culture and business in China

  7. Life in Beijing • Monday to Friday • 9 a.m. to 6 p.m. Accommodation

  8. Life in Hubei • Hubei Yichang City (湖北宜昌) • 2 weeks Three Gorges on Yangtze River 長江三峽 Accommodation

  9. Feelings • Great experience • My view is broadened • Visited different cities in China • Colorful life in Beijing

  10. What I’ve learned? • Corporate finance • Equity financing vs. Debt financing in China • Business and Culture in China • Propose toast (敬酒) • Time management • Stress management • Presentation skill

  11. Recommendation • Attitude • Brave and firm • Adaptability • Capacity for liquor • Basic knowledge of accounting, IT. • Good communication skill

  12. The End

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