The Research On Financing Tactics Of Yinda Investment Construction Development Co.,ltd

Local government financing vehicles(LGFV)arise at historic moment since 2008.Later on,problems such as irregular operations,illegal debts and excessive debts emerged gradually.Besides,the Ministry of Finance also realized that it is necessary to rectify and clean up local government debts.As a result,local government should conduct market-oriented transformation.There is increasingly number of innovative financing tools in China.However,domestic research on innovative financing tools is mostly limited to theoretical research.Few scholars have studied the practical application of LGFV and innovative financing tools.By studying the practical application of mainstream financing p roducts in the Yinda Investment Construction Development Company Limited,one of LGFV,the paper analyzes the necessity of the company's financing structure optimization,and provides a practical basis for Yinda Investment Construction Development Company Limited's financing structure optimization and financing arrangements.The analysis contributes to a foundation for Yinda Investment Construction Development Company Limited's next efficient financing and market transformation.The paper proposes that companies should find opportunities to replace existing high-interest debt and flexibly select financing products for specific projects.Yinda Investment Construction Development Company Limited should stand on a higher level of overall planning in the follow-up financing work,make good use of the resources and funds of the bank channel.In addition,Yinda Investment Construction Development Compan y Limited should increase the weight of direct financing,find and introduce excellent strategic resources,helping the company conduct market-oriented transformation.The research results can help Yinda Investment Construction Development Company Limited to customize a set of financing strategies in current situation.Meanwhile,the research results of this paper can be expanded to other LGFV,and helping LGFV and related market participants in transitions,and playing a reference role for the same industry.