Analysis Of The Financing Difficulties And Countermeasures Of KY Companies During The Transition Period

At this stage,the Chinese government continues to promote the slogan of "mass entrepreneurship and innovation".At the same time,deepening structural reforms on the supply side also requires removal of ineffective supply and expansion of effective supply.However,the low-tech labor-intensive production and operation mode in which most small and medium-sized private enterprises in traditional industries in China traditionally rely on is gradually being replaced by the continuous advancement of science and technology,and it is gradually becoming a sunset industry that will be eliminated by social development trends.The contradiction between overcapacity and declining demand in some traditional industries has increasingly aggravated the overall profitability of the main industry as a whole and the profit margin has been shrinking.It is difficult for small and medium-sized enterprises in the traditional industries under the existing business model to reproduce the original splendid situation.To ensure the sustainable development of the enterprise,it must adapt to the new normal and new requirements of market development,and comprehensively use its own advantages in combination with the status quo of the enterprise.,to carry out technological innovation and the transformation of the direction of business development.With the continuous development of the new energy automotive industry,most of the companies originally engaged in the traditional phosphorus chemical industry have begun to shift to the new energy automotive industry.This paper uses KY companies that belong to private companies from the traditional phosphorus chemical industry to the new energy automotive power battery industry.Cases of transition,analyzing the current situation in which the company's transition process is limited due to the obstruction of funding sources,and find out the reasons for the obstruction of the company's financing process,and propose improvements and solutions for the current situation of the financing of KY,through the use of Different improvement measures and financing channels have helped KY solve the financing obstacles in the transformation process,enabling the company to successfully complete the goal of product diversification in the process of transformation and achieve the purpose of capacity expansion,and seize the development of new energy vehicle power batteries for the company.Rapid market opportunities provide help.By analyzing the financing difficulties faced by KY in the process of transformation,and raising suggestions for the financing methods and efficiency of KY companies facing financial difficulties,combining the existing policies and new financing methods,the company proposes to expand the direction of financing channels,hoping that the thesis,which are in the sunset industry and are prepared to improve the decline of the enterprise through the transformation of enterprises,have difficulties in financing because of their limited financial resources.