Design Of Financing Scheme For Small And Medium-sized Coal Enterprises In Shanxi Province

Under the regulation of new macro policies,the financing environm ent of small and medium-size coal enterprises is worse than before,due to the concerted work of environment-friendly,industrial transformation and upgradi ng,credit barriers and cutting excessive industrial capacity,the financing need s of these enterprises are urgent.In March 2017,the fifth plenary of the twelft h National People's Congress was held in People's Conference Hall in Beijing.In government report of 2016,Premier Li Keqiang pointed out: effectively cu t excessive industrial capacity,prevent and solve the risk of over-capacity in c oal and electricity,raise industrial efficiency in coal and electricity,leave mor e room for the development of clean energies.The performance of coal enterpr ises is declining,credit environment for them is degrading,and this problem tr oubles major banks in Shanxi.Some banks adopt a retreat policy,drill loans fr om many enterprises.Under this background,this dissertation adopts many de signs for research,introduces investors and guarantors outside traditional credi t industry,then analyzes merits and demerits from many point of view,so as t o innovates a financing mode with high credit efficiency,high rate of return an d little risk,provide some theoretical and practical reference for solving presen t difficulties.First,this dissertation chooses small and medium-size coal enterprises as subject,uses basic theories and credit rationing theory to analyze traditional cr edit financing characteristics,describes present financing situation,finds their demands,abilities and difficulties in financing.Second,with present credit plan for small and medium-size coal enterprises,this dissertation proposes more i nvestors,and analyzes risk factors resulted from subjective and objective reaso ns in declining coal market.Then,according to finance innovation theories an d experience in the author's work,this dissertation proposes innovative financi ng designs,controls trade process of small and medium-size coal enterprises b y ways of cargo,funds,transaction mode,finds risks in this process,researche s the reason and proposes feasible solution,provides reference for similar fina nce innovation in the future.Finally,from the view of investor,guarantor and coal enterprise,this dissertation optimizes present financing mode,ensures int erests of parties,realizes a win-win-win fruit,and proposes innovative financi ng mode for solving financing difficulties of small and medium-size coal enter prises in Shanxi at present situation.