Research On The Path And Effect Of Industrial-financial Integration To Enhance Corporate Valu

The combination of industry and finance refers to the economic phenomenon in which the industrial sector and the financial sector penetrate into each other in the aspects of capital personnel and business,and form the entity of industry and finance.At present,the vast majority of large enterprise groups at home and abroad are involved in the integration of industry and finance.In the context of low-carbon transition,the combination of industry and finance is one of the ways to boost the high-quality development of the energy industry.As a leader in the domestic energy industry,As a leader in the domestic energy industry,"China Shenhua Energy Co.LTD." has promoted its own development and improved its enterprise value through the combination of industry and finance under the integrated business model.The combination of industry and finance refers to an economic phenomenon in which the industrial and financial sectors intervene in the elements of capital,personnel and business,and are industrial and financial entities.According to statistics,currently more than 80 percent of the top 500 companies in the world have integrated industry and finance into the development process of strategy that has become a global trend.In the context of the low-carbon transition,combining industry and finance is one way to boost the quality development of the energy industry.As a leader in the domestic energy industry,"China Shenhua Energy Co.,LTD." promoted its development and improved its entrepreneurial value by combining industry and finance on the basis of an integrated business model.The conclusions of this document are as follows: First of all,Shenhua of China is applying the combination of industry and finance not only to search for new profit growth points,but also to meet the development needs of the company.Second,the combination of industry and finance implemented by Shenhua of China has a certain promoting effect on the improvement of enterprise value.Third,based on the strategic choice of enterprise development,the full integration of industry and finance can be realized to better utilize the combination of industry and finance to enhance enterprise value.Research contributions of this paper: 1.Innovation of research perspective.Most of the existing case studies focus on the motivation,implementation effect and risk of the integration of industry and finance.However,this paper also analyzes how the integration mode of industry and finance of China Shenhua produces synergistic effect with its core business,which is an innovation from a research perspective.2.Innovation of research content.Industrial fund investment is a beneficial exploration of the combination of industry and finance,but few scholars have studied it.However,this paper analyzes Shenhua’s participation in the establishment of industrial investment funds by related parties,which is innovative to some extent.