Research On Credit Risk Management Of Supply Chain Finance For Small And Medium-sized Enterprises In The New Energy Vehicle Industry

In recent years,China’s new energy vehicle industry has made great progress.Although the overall scale and maturity of the industry is still in its early stages of development,with the support and guidance of relevant national policies,the supply chain finance of China’s new energy vehicle industry is constantly improving.In the field of new energy finance,a complete new energy vehicle supply chain is formed by upstream power battery component suppliers,midstream vehicle manufacturers,downstream charging pile dealers,etc.The weak risk resistance and the most easily credit risk-prone enterprises are mostly upstream component suppliers.How to effectively identify and evaluate their credit risks is of great practical significance for the development of the new energy vehicle industry and the improvement of the supply chain finance.The main content of this thesis is the research on credit risk management of supply chain finance for small and medium-sized enterprises in the new energy vehicle industry.The main research object is small and medium-sized enterprises in the new energy vehicle industry.Firstly,the current situation of supply chain finance development in China and the problems and risks in the development of supply chain finance in the new energy vehicle industry are analyzed in detail.Based on this,26 indicators that have important impact on the credit risk of supply chain finance for new energy vehicles are selected through the frequency statistics method of literature,and a supply chain finance credit risk assessment indicator system is constructed.Finally,empirical analysis is carried out.Taking 133 component enterprises in the new energy vehicle industry from 2015 to 2021 as samples,the original indicator data is analyzed by principal component analysis,and 8 main component factors are extracted.These 8 main component factors are then used in the selected binary logistic regression model for empirical analysis.The research results show that 5 of the main component factors have a significant impact on the credit risk of automobile supply chain finance.Finally,based on the above research,specific suggestions are provided for preventing credit risks in small and medium-sized supply chain finance for new energy vehicles from four different dimensions.It is concluded that the average credit risk in the new energy vehicle industry is relatively high,and supply chain finance is more conducive to the development of the new energy vehicle industry.This has reference significance for financial institutions to enhance their credit risk evaluation capabilities in the supply chain finance environment.