Case Study Of "Hope Finance" Agricultural Supply Chain Finance Platform

Agriculture has always been one of the most important components of China's economic development and the foundation of China's economic development.However,the shortage of agricultural funds has been troubling the development of rural economy.Because of the weakness of agriculture itself,information asymmetry and the lack of corresponding pledge,mortgage and other items,it is difficult for financial institutions to inject a large amount of funds into agricultural development.In response to this situation,the country developed a variety of relevant policies to guide financial institutions to increase funding for agricultural development scale,in February 2018 issued the "the central committee of the communist party of China,the state council about the opinions of the implement the strategy of rejuvenating the country,made a clear requirement,advocating some financial institutions should actively responded to the requirements of the policy of agricultural development in our country,through set up in the form of mutual cooperatives or help farmers company take full advantage of the Internet technology to the development of rural financial supply chain,to overcome the problem of agricultural development fund shortage.Based on the development of agricultural supply chain finance,this paper analyzes the development modes of agricultural supply chain finance in China,including accounts receivable,financing warehouse and confirmation warehouse.This paper analyzes the main stages of the development of agricultural supply chain finance in China and briefly explains each stage.The development characteristics of Internet agricultural supply chain finance are analyzed.The basic situation and great development potential of agricultural supply chain finance in China are analyzed.This paper focuses on the operation mode of "hope finance",a financial network service platform of agricultural supply chain."Hope finance",established by new hope group in 2015,is a typical large-group agricultural supply chain finance.First,the paper analyzes the cooperation form between hope finance and new hope group.This paper analyzes the current situation of platform development,mainly from the degree of service to agriculture and the development of platform scale.Secondly,thedevelopment advantages of agricultural supply chain finance on the platform are mainly analyzed,including that the loan amount of the platform can be recycled,weakened mortgage requirements,the loan process is more streamlined,obvious policy advantages,and relying on new hope group,platform customers and information acquisition have natural advantages.Finally,analyses the problems existing in the platform and the corresponding solution countermeasures,this paper put on running and risk security problem is divided into two categories: specific analyzed,on the run mainly includes technical shortcomings,incomplete product categories,such as lack of cooperation with relevant institutions,mainly on risk guarantee no strict risk control regulations and enforcing the regulations does not reach the designated position,etc.Corresponding countermeasures and Suggestions are also divided into operational aspects and risk assurance aspects.In terms of operation,it mainly takes countermeasures such as rational use of Internet technology,design of financing products that meet the requirements,and strengthening cooperation with relevant institutions.In terms of risk protection,it mainly takes countermeasures such as formulating strict risk control regulations and strengthening the enforcement of regulations.Through the research and analysis of "hope finance",two relevant conclusions can be drawn.First,the problems faced by "hope finance" platform are common problems faced by most agricultural Internet financing service platforms in China.It is hoped that this analysis can bring some enlightenment to the development of relevant platforms.The development of agricultural supply chain finance cannot be separated from the progress of Internet technology.Only by actively introducing advanced technology can agricultural financing get rid of its backward status.Internet supply chain financing will become the main mode of agricultural financing in China.