Case Study Of Capital Risk Management About State-owned Capital Investment Company

In recent years,with the implementation of the national innovation-driven and innovation-oriented national strategy,the state-owned capital investment corporation has been explored at the national level actively to promote industrial upgrading and innovative development.More and more rights have been returned to the market to play the leading role of the market.Besides the core technology,capital risk management is also a very important aspect for an enterprise to keep growing and stand out from the competition.Because capital is the lifeblood of an enterprise,once the capital chain is broken,it will bring irreparable loss to the enterprise.The fact of enterprise development tells us that it is very important to manage capital risks well.The core of group capital management is to achieve the strategic target height,so as to increase the enterprise value and strengthen the group development.In order to stimulate the vitality and efficiency of the group,China's state-owned enterprises have carried out the pilot reform of state-owned capital investment and operation companies actively.And in order to prevent various kinds of capital risks effectively and ensure the sustainable development of the enterprise group.Based on the fund risk management for the study of the main line,analyzed the state-owned capital investment of the company's capital operation mode,financing risk characteristics,causes and types of risk,select the pilot earlier ZL group as a case.Based on the analysis of the present situation of its risk management,points out the advantages and disadvantages of the ZL group in funds risk control aspects.On which basis puts forward some relevant Suggestions,and for other investment company pilot enterprises to refer.The main Suggestions are as follows:first,promote the combination of production and financing actively,implement the reorganization strategy and avoid some risks.Second,implement group unified financing,including bond financing and bank loans.Third,we should establish a centralized capital management model,including adopting capital pool and other methods to implement centralized capital payment and consolidated settlement.Fourth,strengthen the construction of information system and realize the intelligence of fund management system.