Research On Supply Chain Financial Business Model And Risk Management Of China Railway Construction Group Co.,Ltd

Supply chain finance is an important focus to promote supply side structural reform and create a new financial environment in recent years.With the support of national policies,the development of supply chain finance of China Railway Construction Group Co.,Ltd.,a wholly-owned subsidiary of China Railway Construction Co.,Ltd.,has made remarkable achievements in the construction industry.China Railway Construction Group is a state-owned leading enterprise with huge organizational structure in China's construction industry.Affected by the characteristics of its industry,the group has large construction project volume and long settlement cycle,resulting in the aggregation of receivables and poor liquidity of funds.Therefore,China Railway Construction Group actively develops the supply chain financing business to provide financial services for its member enterprises.At present,the type of supply chain financial business carried out by CRCC relying on the parent company's supply chain financial business platform is mostly accounts receivable financing,which effectively alleviates the financing pressure of subsidiaries.However,the group's supply chain financial services also have problems such as the financing type is not rich,the information communication channel is not smooth,and the risk management system is not perfect.The identification,prevention and control of supply chain financial business risk are the basis of the stable development of supply chain finance.Therefore,this paper focuses on improving the risk management of group supply chain financial business.According to the current situation of group supply chain financial risk management,it analyzes the risk factors related to various business of supply chain finance.It is suggested to strengthen the management and overall delivery of the whole chain credit and member units Yiquan process and supervision measures such as product issuance and renewal management improve the risk control ability,and propose optimization and innovation path for the business type,business development form and financing service field of the group's supply chain finance.It is expected that the supply chain financial service of China Railway Construction Group will be further improved and optimized under the development guarantee measures of technical support,talent guarantee and incentive mechanism.