The Discussion On Fund Management Mode Of HT Group

With the rapid development of science and technology and economy, the developing scale ofenterprise group has developed into the most important organizational form in the current global economicactivity. At the same time, the organizational structure is becoming more and more complicated, themanagement chain gradually stretched, various shortcomings of management increasingly emerging.Financial management is the most important work in the enterprise management, capital management is afocus of financial management, with the expansion of the scale, fund management also faced with manydifficulties, which restricts the development of the enterprise group. The way to choose the proper fundmanagement mode become the key important aspect in the successful implementation of a fundmanagement mode under the selected mode, combining the enterprise industry characteristics.This dissertation state systematically related theory of enterprise group fund management in detail,through the analysis and comparison of the advantages and disadvantages of decentralization andcentralization of two funds management mode, the centralized management of funds has become themeasures which enterprise must take. Then the several common enterprise group centralized managementmodel are compared and analyzed respectively as reporting center model, internal bank model and themode of settlement center and financial companies. These management models with differentcharacteristics are suitable for enterprises of different size and phase of development. Taking the fundmanagement of HT group as an example, problems&root cause in its existing fund management has beenanalyzed. Combined with the formation of HT group, the necessity and feasibility of the establishment offinancial company has been analyzing. Centralized management of fund is suggested by establishment offinancial company. After the establishment of the company,"cash pool" for fund centralized managementmodel and "bill pool" for bill centralized management will be established. The establishment of capitalbudgeting system will be promoted by unified financing management and the use of information systemplatform of financial companies. At the same time, HT should strengthen measures to ensure the newpattern of fund management in advance through the organizational structure, perfect information system,improve risk awareness and the introduction of high-end talent. The whole HT group fund management level will be further improved by implementation of mode in order to meet the capital management in HTgroup needs and enhance the ability to prevent financial risks.This dissertation combine theory with practice, taking fund management model of HT group as a casestudy, It is expected that this paper can provide some suggestions in the aspect of capital management inHT group.