Trust Companies Participate In The Financing Risk Research Of Projects

In recent years,along with the deepening of the reform of domestic supply side and further the PPP model the continuous improvement of the relevant laws and regulations,local governments to promote to the PPP model in infrastructure construction,and trust companies also form a complementary relationship between supply and demand and the PPP project,trust companies can take advantage of their own financing platform to help solve the problem of financing problems of the PPP project demand,also can be realized as a breakthrough for the development of business transformation and profit growth,under the background of the domestic each big trust companies actively to the PPP project and achieved a great success.However,due to trust companies’ late participation in PPP projects and lack of relevant experience,there are many uncertainties in the process of trust companies’ participation,and they are faced with huge financing risks.Based on this perspective,this paper conducts a further study on the financing risks of trust companies’ participation in PPP projects.At first,this paper analyzed about the present situation of the trust in the PPP project,found that trust companies and the PPP mode fitting degree is higher,and in the form of equity direct investment as the main participation,summed up the trust,the PPP project financing risk has the characteristics of the whole cycle,periodic and complexity,and on this basis,from the pre-project borrowing,middle and late repay the three stages of the financing risk are explained in this paper.And then to Qingdao metro line 4 as a specific case study,through the checklist method and fault tree analysis method from the Angle of "Borrow Use Repay" three project financing the consensus don’t out of 22 kinds of financing risk factors,and then through the hierarchy method to evaluate the result of risk identification,risk assessment results show that the credit risk from the government,the partners took the largest weight,and continue through the cash flow method and the single factor sensitivity analysis method of the project and the project company financial management to evaluate for risk assessment.Then,the paper expounds the financing risk management measures adopted by The Chongqing Trust and analyzes the shortcomings of its risk management measures.Finally,on the basis of the above analysis,Suggestions are put forward for The Chongqing Trust to strengthen the risk management of PPP project financing from three aspects: optimizing the project financing process,paying attention to important financing risk factors and enriching the choice of capital exit method.