The Risk Reaserch Of Pledge Regulatory Business Of ZCGF Logistics Company

Pledge supervision business refers to the enterprise with its ownership or a bankapproved a third person personal property or the warehouse receipt as its financing of thepledged collateral to the bank, in order to maintain the pledged property or chattelguarantees attributes under the warehouse receipt, logistics company accepts thecommission of the bank, derivatives regulation in the link of warehousing logistics business.Can be divided into the warehouse receipt pledge pledge regulatory oversight andregulation of movable property pledge. Involving three parties in the business main body:the financing party-customer enterprises and stakeholders-Banks and other financialinstitutions and regulators-logistics enterprises. Pledge supervision business originatedfrom foreign countries, its essence is to use financial instruments to make traditionalwarehousing business value-added financing activities. For enterprise customers, thebusiness can make its inventory turnover has improved, so as to expand its sales and profit;For Banks and other financial institutions, the business is able to bring their loan businessto expand and extend, and form a new type of financing services; For logistics enterprises,the business is able to unearth new profit point, accelerate its from traditional warehousinglogistics enterprise to modern logistics enterprise transformation. All in all, the pledgeregulatory activities can be in for logistics enterprises and financial institutions to avoidcertain risks under the premise of to more customers, and improve the social wholeeconomic operation efficiency.ZGCT holding group co., LTD is a large central enterprise, affiliated to thestate-owned assets supervision and administration commission of the state council; ZGCYcorporation is a subsidiary, is a national large modern comprehensive logistics enterprise;ZCGF logistics company (later referred to as ZCGF) is ZGCY corporation, a subsidiary ofits assets, the money is enough. Listed in1999, has years of ZCGF companies across thecountry take the lead in put out integrating logistics, financing pledge supervision business,due to its strong assets, rich experience in logistics management, and plus the brand effectof listed companies, the business was available and popular, and fast development so far,ZCGF pledge supervision business enterprises provide for the customer the year raisedmore than80billion yuan. Quality items including carbon powder coal, steel and othermetal materials, chemical products, such as chemical fertilizers pulp TV air-conditioningappliances products such as more than a dozen major categories. Have business cooperationrelationship with more than1200enterprises, scope of business covering the whole countrymore than20provinces, municipalities directly under the central government; Cooperationmore than20financial institutions (excluding branch, branch), including7total on the totalagreement; Pledge supervision business has become a ZCGF company’s new profit growth point.However, due to the development of the pledge supervision business is still in itsinfancy, the law is not yet mature, industry model is not normative. So, despite the ZCGFcompany as the father of domestic pledge supervision business, but business since for morethan ten years, there are still a variety of risks. It is because of these risks, ZCGF companyhas become the defendant, for tens of millions of huge compensation, compared with itspledge supervision fee is said is "not worth". However because of the pledge supervisionbusiness wide, interlock can create value for the parties, with certain social effect, and thebusiness itself in a certain degree, and the risk of certain conditions can be to reduce, avoid,or resolve, so for the pledge supervision business risk research has certain value. In thispaper, several ZCGF pledge supervision business case as the breakthrough point, the actualcorresponding business risks that exist, these include compliance risk, policy risk legal risk,credit risk and marketing risk, etc. In deeply analyze its pledge regulatory risk in a series ofbusiness, and then discusses how its pledge business regulation is effective internalsupervision and risk prevention, and ultimately enable it to avoid risk, increase revenue,realize the true value of the pledge supervision business.