Research On Growth Financing Of TYKJ Company

For some time in the future,the development direction of investment and financing in China is to deepen the reform of the investment and financing system,let investment play the key role in optimizing the supply structure,strengthen the financial service entity's economic capabilities and increase the proportion of direct financing.Capital flow promotes the production and development,thus financing behaviors always serve the real economy.Its sustainability and liquidity are directly related to the success or failure of the company.Maintaining a stable financing channel and obtaining sufficient funds can not only support enterprises in carrying out daily business activities,but also bring positive signals to relevant stakeholders.The prominent problem in the development process of small and medium enterpriese(SMEs)in China is the choice of financing methods and channels.This is the basis for solving the difficulties of SMEs in financing.Therefore,to study the choice of financing methods and channels for SMEs in China and to analyze in depth the factors and internal logic behind them,has important theoretical and practical significance for the development of SMEs.This article uses the case analysis method,from the actual situation of TYKJ company to enter,state and analyze the current operating conditions of TYKJ company.Through combing the shareholders' structure,this paper expounds its current corporate governance structure and analyzes the problems faced by the company's decision-making under the current governance structure.This article will review TYKJ's various stages of development since its inception in 2005 and classify its development stages.According to different stages of development,this paper will introduce and analyze the company's growth financing behavior during this period,and strive to explore the timing,mode selection,and influencing factors of its financing behavior.Finally,it analyzes and summarizes TYKJ's multi-stage financing behaviors and state the pros and cons.This article will analyze the financing status quo of traditional manufacturing SMEs in China based on multiple financing theories such as life cycle and financing priority order.Based on the case analysis,the paper gives corresponding suggestions and opinions.