Research On Financial Risk Of Midea Group Entrusted Financial Management

Since the financial market in China implements the "separate operation and supervision of separate businesses",the definition of entrusted financing in various industries is not the same.The entrusted financing scope discussed in this paper refers to the fact that listed companies use banks,securities companies,fund companies,asset management companies and other financial institutions or non-financial institutions as their consignees to entrust their own idle funds to them for investment purposes.Proportioned behavior.At present,domestic research on entrusted financial management of listed companies entrusted with wealth management focuses on the motivations and problems of entrusted wealth management.Many scholars believe that different companies have different incentives for entrusting wealth management in different industries,and the problems are different,but it is certain that The scale of entrusted wealth management by listed companies is constantly increasing,and the financial risks that entrusted financial management brings to listing are also constantly increasing.In 2016,the RMB 1 billion financial management fund of Hefei Midea Refrigerator Co.,Ltd.,a subsidiary of Midea Group,was deceived,which shows that entrusted financing has great risks.Therefore,this article takes Midea Group as an example to study the financial risks caused by its entrusted financial management activities.It not only has an important reference role for the future financial management activities of Midea Group,but also has implications for the entrusted financial management activities of other listed companies.In order to more clearly analyze the financial risks of the various processes entrusted by the U.S.Group's financial management activities,this paper divides the U.S.Group's entrusted wealth management process into four phases: the financing phase,investment phase,operation phase,and capital withdrawal phase.Study the financial risks of the company separately.At the same time,this article also uses the case study method,comparative analysis method,and model verification method to quantitativelyanalyze the financial risks of the U.S.group's entrusted financial management activities.Finally,it focuses on the existence of the above four stages of finance.Risks propose corresponding prevention strategies.