Study On Financing For Middle-and-small Feedstuff Enterprise In China

After almost 30 years'development, feedstuff industry has become a support industry for agriculture rural economics and an important basic industry for country economics. The total gross of feedstuff has exceeded 100 million tons. The total production value of feedstuff industry has exceeded 300 billion RMB. The number of feedstuff enterprise has been more than 15 thousand and the number of the people who are engaged in feedstuff industry has been more than 500 thousand. Now China has become the second large country according to the amount of feedstuff production. Building China into one of the strongest country in feedstuff industry is the need of building modern agriculture and new rural area of socialism.In 2008, middle-and-small feedstuff enterprise has encountered inexperienced sufferings in their survival and development, because of price growth of raw material and deflating credit and drastic competition in market. The enterprise financing issue is one of the most serious issues that middle-and-small feedstuff enterprise is facing on. So the author made deep discussion and analysis in this thesis.In this thesis, the author reviewed the development progress of feedstuff industry in China, analyzed and discussed the position, features and financing situation of middle-and-small feedstuff enterprise in feedstuff industry. And then, she researched and analyzed the enterprise financing issue, gave out the KPI system of effecting middle-and-small feedstuff enterprise financing by applying the theory of analytic hierarchy process and expert investigation, and arranged the KPIs in importance order. At last, the author provided the detailed methods of solving financing issue of middle-and-small feedstuff enterprise based on analysis of 2 successful financing cases. In addition, the author made a paper investigation on 30 middle-and-small feedstuff enterprises in order to learn the attitude and idea of this special enterprise group. The research of paper investigation got the same results as the KPI research.The following results are found out through researching and analysis. Firstly, lacking strong policy support is the chief cause of restricting middle-and-small feedstuff enterprise financing. Secondly, the slow growth of Assurance organization is another important cause. Thirdly, lack of enough mortgage asset is the innerly chief cause for middle-and-small feedstuff enterprise. Lastly, the best effective way to solve the middle-and-small enterprise financing issue is that government need provide more policy support to them.