The Financing Program Design Of Proxy Project Of H Limited Company

In order to meet the high-end needs of modern medical care,most medical device companies in China adopt the method of obtaining agency rights and import advanced medical devices from abroad for sale on the market.The enterprises in China's medical equipment industry are mostly founded by sales experienced person.These enterprises has the characteristics of small scale,lack of management experience,and lack of sufficient working capital.They have the problem of a single financing structure and a high debt ratio.These deficiencies have caused medical device companies to face a lack of funds in the process of acquiring agency rights.In the absence of relevant financing experience and bank credit conditions,it is difficult for such private enterprises to raise enough funds to invest in similar intangible assets project.In this case,this paper proposes some ways to solve financial problems for these medical device companies and other SMEs to obtain financing for intangible assets.This paper is divided into six chapters.The first chapter is the introduction,starting from the status quo of the development of China's medical device industry,introduced the research background,research content and research methods of this paper,and combed the commonly used financing methods of private enterprises at local and overseas.The second chapter is the theory of enterprise investment and financing and financing methods.It introduces the financial methods used in investment decisions,the classification of financing methods of enterprises and the common financing methods for small and medium-sized enterprises.It also elaborates the theoretical basis of corporate financing decision-making and the method of capital structure optimization.The third chapter is the analysis of the status quo of the financing of H limited company.The analysis and comparison of the financing status of H limited company and the same industry shows that the main difficulties of H limited company financing are the single financing method,high asset-liability ratio,low solvency,and lack of investment decisions of project.The fourth chapter is the investment demand analysis of H limited company agency right project,analying the basic situation and prospect of the agency right project,measuring the cash flow situation of the project,and makes a comprehensive evaluation of the agency right projects,through the NPV method,the ARR and payback period method have analyzed the feasibility of the project,which proves that the project has a high return on investment and is worth investing.The fifth chapter is the design of the financing plan of the H limited company agency right project,and proposes the project's financing needs.Based on the company's available financing methods,the company chooses the optimal financing method through analysis and demonstrates the two types of employee shareholding and private lending.The feasibility of the financing plan,preliminary design of the two programs.The sixth chapter is the specific content and evaluation of the financing plan of H limited company.The capital ratio of the company is determined by comparing the capital cost method.Through the use of a mixture of equity and debt financing make the asset-liability ratio of the company is reduced,and Solving the problem of a single enterprise financing method and a high debt-to-asset ratio,and discuss the specific content and preliminary implementation of the financing plan.The last is the conclusion and outlook.The research results of this paper can be used for reference by Chinese SMEs in the investment and financing of intangible assets such as agency rights.