Study On M Technology Co., Ltd Financing Options

Along with market economy process, Science and Technology Small andMedium-sized Enterprises(S&T SMEs) has gradually become the most activefactor in the process of science and technology industrialization. However,with high technology, strong innovation ability, high-risk and high-yieldcharacteristics of S&T SMEs facing uncertainty more than other enterprises,one of the restrict factors is the financing problem. Especially in the case oftight financial environment and lack of market confidence, S&T SMEsfinancing become more difficult. S&T SMEs bear the burden of China’stechnological innovation and industrialization of science and technologybuilding, However, our country has not yet been established a financingsystem with the development of high-tech industry which is suitable to eachstage, has become a major obstacle to its development. Lack of financialsupport and the low transformation rate, which directly affect the developmentof high-tech industries, resulting a situation of non-sustainable development.Therefore, Solving the issue of S&T SMEs financing difficulties become thefirst thing in the process of high-tech industrialization.This paper follows the thought from the general to the specific, theory topractice, the overall analysis and case analysis of a combination of researchmethods, select M company in Hunan province (S&T SMEs) as the case studyin this article. Based on the financing theory and life cycle theory, accordingto M company’s macroeconomic environment and the current financialsituation, After analyzed the financing difficult reason, forecasted capitalrequirement, and analyzed the advantages and disadvantages of various meansof financing and feasibility, then fully tap the existing enterprise resources,seek the suitable financing way. Then, propose M company to attract venturecapital,declare the innovation fund and finance lease, Provide an effectiveway to solve M company’s financing problem, At the same time, provide areference path to our country S&T SMEs financing problem.