| Yushen coal liquefaction project's investment is a mega-project which can resolve China's energy source crisis. Investment of the project is very huge and period of plan is very long. Project financing-plan and paying tax are important problem in building. So ((studies on Yushen coal liquefaction project financing-plan and paying tax)) is put in the SHANXI province soft science plan fund project (number is 04JK012) . This task is its subtask.At first, the paper which is based on studying domestic and oversea project financing theory, analyzes the factor affecting Yushen coal liquefaction project financing-plan with inductive method. It includs project's feature, investor's background, project's investment environment, country's financing policy, project financing mode and project financing channel. Project financing mode is the most important factor.Then combining qualitative analysis and quantitative analysis, analyzes four applicable Yushen project financing modes including investor directly financing mode, financing mode through project company, leveraged leasing, ABS and so on.. It rankes to these project financing modes from feasible, operational, economical and malpractice.Based on analyzing of project financing modes , explaines project financing-plan. It determines more optimal financing plan by lowest capital cost.Finally, it introduces financing risk in financing activity through risk identification, risk measurement, risk evaluation. Further on, put forward risk guarding against plan to strengthen management in the process of project financing and ensure project financing successfully.The paper is enhanced and brought new ideas on the traditional financing theory, applying to foreign advanced management thought and successful experience, integrating our own market operating, This can be a theoretical significance for same projects theoretical and operating plan. |
