| With the rapid development of economic globalization, the number of large group enterprises become more and more, the scale is gradually expanding. The main characteristic of this kind of large group enterprises is member of wide distribution, types of business is divesified, group organization structure is relatively complex, etc. One of the important factors that affect the group enterprise comprehensive strength is how to maximize the advantage of capital, make full use of resource synergy. Today is generally accepted that centralized fund management mode is more suitable for capital management in enterprise large group model. Group capital centralized management of enterprise, it can not only improve the group’s internal capital allocation of resources, improve the capital use efficiency, reduce the cost of capital, but also can strengthen group headquarters for the member unit of financial supervision, enhance the cohesion between the members of the unit. Funds centralized management has important influence on enterprise development.C auto group is the domestic a-share market scale’s largest listed company, company has more staff members that there are many different kinds of business, after years of development, some problems in the C group’s capital management:the service efficiency of funds is low, the risk management system is not perfect, insufficient information construction, capital management system is not comprehensive. To solve these problems, the C group, set up financial company for centralized management of funds. In the budget income, capital, capital spending and centralized management is carried out for financing.C group set up a financial company to implement centralized management of funds, in effectively improve the service efficiency of funds of the group at the same time also reduces the cost of capital, broadening sources of funding channels, the group of the group’s overall enhanced ability to resist risks, to enhance competitiveness. Also to C group finance centralized fund management companies with market risk and industry risk, on the basis of in-depth analysis of these risks, put forward the appropriate advice about risk management, aimed at improving the C group finance company competitiveness in the market, in group C and its finance company’s development is of great significance. |