Research On Shanxi Qingzhong Science And Technology Financing Based On Grey Relational Degree Model

Today's society is a high-tech-driven economy and society.The development of the country's economy and society is inseparable from the support of high and new technology.Therefore,the high-tech industry has received the attention of governments and gradually become one of the core indicators for measuring the degree of social development.The domestic high-tech industry has developed rapidly since the new century.Small and medium-sized high-tech enterprises have continued to grow,providing a continuous source of power for national economic growth,and effectively promoting regional economic development and economic restructuring.However,from the current situation of small and medium-sized high-tech enterprises,there are still shortcomings such as small quantity and small scale.The financing difficulties are the main reasons restricting the development of small and medium-sized high-tech enterprises.Compared with developed countries in the West,the development of China's small and medium-sized high-tech enterprises is relatively slow.Due to the lack of support policies,imperfect credit guarantee system and information asymmetry,domestic small and medium-sized high-tech enterprises are facing severe financing problemsand severe constraints.The operation and development of small and medium-sized high-tech enterprises.Compared with traditional industries,high-tech industries generally have difficulties in financing.Small and medium-sized high-tech enterprises have relatively poor operational stability,and financing difficulties are more common.The financing problem has become the main factor restricting their operation and development.On this basis,how to solve the problem of financing difficulties for small and medium-sized high-tech enterprises,and effectively play the economic role of small and medium-sized high-tech enterprises is the problem to be solved.Based on this background,it is necessary to carry out relevant research on financing problems of small and medium-sized high-tech enterprises,analyze the factors affecting the financing of small and medium-sized high-tech enterprises,and propose corresponding solutions.Through the research of related literatures,the grey correlation degree model can rank the factors affecting the financing of enterprises well,and obtain the primary and secondary factors that affect the financing of enterprises,so that the countermeasures for solving the financing problems of enterprises can be proposed more specifically.Based on this,this paper adopts the combination of theory and practice to study the financing problems of small and medium-sized high-tech enterprises.Taking Shanxi Qingzhong Technology Co.,Ltd.as an example to analyze the situation,combined with the financing status of the enterprise,using the gray correlation model to influence the financing ofenterprises.Factors are sorted by proportion,and the specific reasons are analyzed.Finally,according to the analysis results,measures to solve the financing dilemma of Shanxi Qingzhong Technology Co.,Ltd.are proposed.Based on the current socio-economic development background,this paper selects the financing problem of small and medium-sized high-tech enterprises as the entry point,and introduces and expounds the concept definition of small and medium-sized high-tech enterprises and its six characteristics and the financing types of small and medium-sized high-tech enterprises.This paper studies Shanxi Qingzhong Technology Co.Ltd.,which is a typical small and medium-sized high-tech enterprise.By reading domestic and foreign research on SME financing and high-tech enterprise financing,the research background and purpose of this paper and related research methods are clarified.Through the understanding of the classic theory of financing issues,it lays the foundation for the in-depth research of small and medium-sized high-tech enterprises.Using the theory of information asymmetry to understand the reasons why Shanxi Qingzhong Technology is difficult to obtain bank loans.Using the financing priority theory to analyze the current situation of Shanxi Qingzhong technology financing,that is,priority to endogenous financing,and then foreign debt financing and equity financing.The gray correlation degree model is used to calculate the influence weight of the influencing factors of Shanxi Qingzhong Technology Financing,which lays a foundation for subsequent analysis.Through the analysis of Shanxi Qingzhong Technology Financial Statements,we can understand the current situation and problems of Shanxi Qingzhong Technology Finance.This paper uses a combination of qualitative analysis and quantitative analysis to select Shanxi Qingzhong Technology Co.,Ltd.as a specific case,combined with the company's financial report to analyze the financing of enterprises in internal financing,external financing(bond financing,equity financing).In the situation,it is found that enterprises have insufficient accumulation of depreciation funds and retained earnings in internal financing,which cannot meet the financing needs of enterprises.In external financing,debt financing is mainly based on short-term loans,it is difficult to obtain long-term loans,and it is restricted by stock market in equity financing.It is difficult to issue stocks for financing.In the case of analyzing the problems of corporate finance,the gray correlation degree model is used to calculate,and the influencing factors of the company's financing and the weight of each influencing factor are obtained.On this basis,based on the results calculated by the grey correlation model,the reasons for the impact of financing are deeply analyzed.After that,according to the reasons of the analysis,the Shanxi Qingzhong Technology Finance was proposed to provide targeted recommendations and implementation countermeasures.There are five specific points: First,improve profitability,eliminate “information asymmetry”,and strengthen information communication between enterprises and financial institutions to obtain financing from financialinstitutions.Second,the use of policies to enhance the value of corporate credit guarantees,the use of the platform provided by the state,improve corporate information,enhance the value of corporate credit guarantees,and better access to financing.Third,expand financing channels and use emerging financial institutions and capital market financing.Fourth,strengthen financial management,rationalize the current ratio,strengthen financial management,make current liabilities more reasonable,and improve financing capabilities.Fifth,improve the governance structure of the company.The article concludes with conclusions and outlook.This paper summarizes the research process of this paper,and gives the research direction of the research on financing of small and medium-sized high-tech enterprises.Through the research of this paper,using the combination of theory and practice,taking Shanxi Qingzhong Science and Technology as an example,analyzing its financing status and problems,using the grey correlation model to derive the primary and secondary factors affecting corporate financing,through in-depth analysis of the impact of corporate financing The reason is to find reasonable and targeted countermeasures for the financing problem of Shanxi Qingzhong Technology,and provide valuable financing suggestions for the business development of the enterprise.It also has certain theoretical reference value for the solution of other similar enterprise financing problems.