Auto Finance Leasing Of Yixin Group Risk Case Analysis

With the development of China’s automobile industry,auto consumption continues to rise,and auto finance lease has gradually replaced the traditional auto credit method,and is favored by the public.However auto financing lease for automobile manufacturers,distributors or consumers is multi-win-win situation of financial services,to win benefits at the same time there are a lot of risks,the reason is that China’s auto financing lease problems behind the risk management,and greatly reduces the quality and speed of the development of auto financing lease industry.In order to improve the development quality and speed of auto finance lease,it is necessary to solve the risk problems in the transaction process.In the research process,taking Yixin Group Co.,Ltd.as an example,this thesis deeply explores the root causes of risk management problems in automobile financial leasing.Yixin Group Co.,Ltd.is a major online auto trading platform in China,mainly engaged in auto trading and self-financing business.The company operates in more than 340 cities in China,connecting more than 26,000 partners.Yixin has been committed to providing consumers with more convenient,safe and efficient auto financing services.However,there are many defects in risk management,which make the company’s auto financing leasing business not smooth.Firstly,combined with the research status at home and abroad,this thesis summarizes the relevant theories involved in the research process,and then takes Yixin group as the research object to further explore the risks existing in Yixin group’s automobile financial leasing business from the current industry development trend,business status and relevant conditions of automobile financial leasing business,and finds that there are operational and Liquidity,competition and credit risks,as well as litigation disputes,capital shortage,industry competition and customer default caused by these four risks.Then,combined with the comprehensive risk management theory,information asymmetry theory and all elements and principles of COSO framework,this thesis analyzes the causes of the problems faced by Yixin group in the process of risk management,and finds that the causes of the problems existing in the risk management of automobile financial leasing of Yixin group include imperfect organizational structure,improper disposal of risk assets,imperfect borrower’s credit system and drastic changes in the market environment.Relevant improvement suggestions are put forward for these four aspects.This study also hopes to provide practical reference for the future research of automobile financial leasing industry.