Application Study On Treasury Management In ZT Company

With lower rate of macroeconomic growth and falling investment in CNPC drilling industry,the drilling workload has reduced a lot.In order to accommodate the severe challenge,ZT Company,a subsidiary of CNPC,has optimized and completed the existing fund management mode,that is,the treasury mode,to improve the efficiency of funds management.It turns to be an urgent problem that is how to integrate the resources of the company and to develop its advantage as a whole.It is also important to do research on the fund centralization management of drilling industry.Based on the basic related theory of fund management and treasury management,this paper introduces the current situation of treasury management mode of ZT Company.The author has applied the treasury management theory to the capital operation management of ZT company,according to its actual situation.The questionnaire investigation,comparative analysis and other research methods have been adopted by the author in the paper.The value chain management theory and Frederick Herzberg's double factor analysis method have been applied to optimize the organization structure of treasury,the financial planning process and the capital approval system.The related supporting measures has been suggested on the basis of application analysis of the optimized scheme of ZT company,to perfect the fund management system and improve the capital management efficiency.According to the analysis and research on the existing treasury management mode of ZT company,the optimized scheme has been designed and its implementation effect has been analyzed in this paper,which has resolved the realistic problems existing in the fund management of ZT company.At the same time,it might be referenced for those who needs to further explore and research the treasury management mode and to improve the capital management system of drilling industry.