Goldwind Green Bond Issue And The Analysis Of Impact On Financial Structure

Green bonds in recent 5 years is developing rapidly in China,the circulation of $246 billion has made China become the largest issuser,accounting for 36%of the global total.Green bonds provides new financing channels for the eligible green projects,which has the advatages of lower financing costs,and wider subscribe group.Paper choose Goldwind Science&Technology company which first issued green bonds in our country as a case,doing the reasearch on the impact of enterprise's financial structure which brought by the issue of green bonds.This paper firstly makes the definition of green bonds based on the predecessors' study,and then select the asset liability ratio,debt interest rates,and long-term debt ratio three financial structure and term structure of financial indicators as inspection index to explore green bond issue on the impact of the enterprise financial structure.Through the index,comparing the changes of Goldwind Science&Technology's financial structure before and after the issuance of green bond,proves that the green bonds issue has a positive impact on the enterprise's financial structure and enterprise development.Paper finally proposed Goldwind Science&Technology how to optimize the enterprise's financial structure through the green bonds.