Research On Financing Model Of City C Road Bridge Company

The level of highway development reflects a country's modernization to a certain extent and is also an important component of transportation infrastructure construction projects.The operation of infrastructure construction projects represents the level of national economy and is an important material basis for sustainable development.Since the reform and opening up,China's road and bridge construction has made rapid and substantial development,and the overall road and bridge industry has achieved rapid and sustained development.At present,China's road and bridge construction development is gradually improving,but the overall technology is still lagging behind developed countries,and the overall development situation in China is very uneven,especially in the remote areas in the west.At the same time,with the global economic development slowing down,China's economic development has entered a new normal in recent years,and the growth rate of infrastructure investment has also slowed down.Due to the low concentration of the industry and the increase in the degree of market opening,market competition will further intensify,which is a potential crisis for traditional road and bridge companies.Road and bridge construction is an important infrastructure project in our country.Today,with the rapid development of society,its improvement and construction are related to the improvement of the national economic artery and people's living standard.With the rapid development of public infrastructure construction represented by road and bridge in the reform and opening up,its demand for funds involved in the construction,operation and maintenance of the project is also increasing day by day.At the same time,it puts forward more severe and diversified financing mode requirements for future development strategies.In recent years,China's economic level has developed rapidly,especially in the road and bridge industry.With the steady progress of highway construction,the government and society are also increasingly studying the financing scheme,financing channel and financing mode of highway projects.The earliest and most common one is BOT mode.As a large-scale infrastructure construction project,the development of our country's highway is mainly restricted by the problem of funds,especially the formulation and implementation effect of financing channel and financing scheme directly affect the construction,operation,maintenance and development of highway bridges.This papertakes the J-bridge project financing mode of C City Road and Bridge Co.,Ltd.as the research object.Through consulting relevant documents(including company introduction,J-bridge project preparation plan,feasibility analysis report,construction plan,etc.)and C City Road and Bridge Company's annual report and disclosure information,it conducts research on the J-bridge project of C City Road and Bridge Company.After sorting out and analyzing relevant data,it makes a systematic analysis on the J-bridge project financing mode represented by C City Company,and makes in-depth analysis and summary on the financing mode.This paper focuses on the in-depth study of the financing channel,capital demand and the necessity of the transformation of the financing mode of the j bridge project,designs the financing mode system of the project,and puts forward the specific financing strategy-" bot+EPC" project financing mode.Using comparative analysis method and case analysis method combined with the research content,this paper makes an in-depth improvement and discussion on the financing mode of J-bridge project of C City Road and Bridge Company from many aspects and in the way of combining theory with practice,using " pecking order theory"," MM Theory" and " Trade-off Theory",etc.It is of great significance to study the optimization design and strategy implementation of the financing mode system of J-bridge project of C City Road and Bridge Company,in order to improve the enthusiasm of this type of project financing mode and create sustained profits.