Research On Financial Effect And Internal Mechanism Of Green Intelligent Manufacturing ——The Case Of China Jushi Co.,Ltd.

At present,China’s manufacturing industry is facing many challenges,such as economy,environment,domestic and foreign situations,and the transformation of manufacturing industry to green and intelligent has become the key to solve the current environmental problems and enhance the core competitiveness of enterprises,and is an important transformation direction of China’s manufacturing industry to achieve high-quality development."Made in China 2025" proposed two major projects of green manufacturing and intelligent manufacturing.China began to implement the pilot demonstration action of intelligent manufacturing in 2015,and has entered the stage of deepening application and comprehensive promotion.Under the background of “China aim to have CO2 emissions peak before 2030 and achieve carbon neutrality before2060”,the green and low-carbon development of enterprises has become one of the most important economic development policies in China at this stage.presently,green intelligent manufacturing is becoming a new driving force to drive the transformation and upgrading of the manufacturing industry and achieve high-quality development.However,the financial effect of the implementation of green intelligent manufacturing and the conduction mechanism between green intelligent manufacturing and financial effects are not clear,so there are still more traditional manufacturing industries in China facing the practical problems of whether to transform and how to transform.Based on the realistic background,this study analyzes the relevant research,and finds that existing research lack of consideration for the integration development of green manufacturing and intelligent manufacturing.However,this study takes green intelligent manufacturing as the research perspective,mainly explore what kind of financial effects will produce and what kind of conduction mechanism exists?This study selects China Jushi as the research object.Firstly,from the macroscopic perspective,industry perspective and internal perspective,this study analyzes the driving force of China Jushi green intelligent manufacturing transformation.secondly,based on the value chain,this study analyzes the practice of green intelligent manufacturing in various production links.Thirdly,based on the existing research and the company practices,this study selects four aspects to analyze the financial effect of China Jushi:cost control effect,asset utilization efficiency,financing acquisition ability,and financial performance.Finally,it summarizes the internal mechanism of green intelligent manufacturing enabling enterprises’ financial effect.The results of the study found that after the implementation of China Jushi green intelligent manufacturing,the performance of cost control effect,asset utilization efficiency,financing acquisition ability and financial performance has been improved.Further analysis revealed that green intelligent manufacturing empowers enterprise financial effects by improving "competitive advantage,cost control ability and green governance ability".Therefore,this study finds that: first,green intelligent manufacturing through R ＆ D investment to enhance competitive advantage,and to achieve cost optimization;second,green intelligent manufacturing through the optimization of element allocation to improve the efficiency of asset use;third,"green-intelligent" coordinated development to improve corporate financing capabilities and profitability.