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During the past decade, Chinese enterprises have achieved great improvement in terms of competition ability. Information techniques are playing even more important role in this period. In order to conclude principles of IT transformation processes of Chinese companies, three typical Chinese cigarettes companies have been investigated in this paper. After introducing the IT evolutions in each firm, we compared the main parameters of their ERP or similar IT projects with another foreign company. Based on the comparison, two problems are discussed further. Firstly, we use strategic grid analysis method to find what is the IT strategy of each firm and why they adopt such a strategy. The new possible IT transformation ways are discussed also. Secondly, risk management problems are another focus of this paper. Three main risk factors are integrated to judge the risk type of each ERP projects, and different risk management strategies are discussed also.