| Under the challenges of emerging technologies such as the Internet of Things,big data,and blockchain,as well as the impact of the epidemic in recent years,the domestic trade container transportation industry is highly concentrated,with fierce competition.As a result,the profit space of enterprises is compressed,and the business volume is sharply reduced.In this context,the financial risk of enterprises has risen sharply.In addition,the traditional single logistics business model has been unable to adapt to the challenges of new technologies and new conditions,facing financing difficulties and increased investment project risks,and the risk of capital chain breakage always exists.Therefore,the financial crises of enterprises occur frequently,and the financial risks involved are relatively large.In this situation,how to curb the financial risks of the domestic trade container transportation logistics industry and achieve long-term sustainable development of enterprises is currently an urgent issue to be resolved.The main solution is to restructure a business model that involves multiple aspects of an enterprise’s customer positioning,business processes,and profit models.By changing the financing and investment strategies,organizational structures,and business processes of the enterprise,it can curb financial risks and ensure the sustainable and healthy development of the enterprise.This article selects Anton Holdings,one of the leading enterprises in the domestic trade container logistics industry,as a case study to study the mechanism and path for Anton Holdings to transform into an integrated integrated supply chain logistics enterprise through business model reconstruction and reduce financial risks,providing reference and reference for other logistics enterprises in business model reconstruction to prevent financial risks.Firstly,it elaborates the research background and significance,combs domestic and foreign research on business model restructuring,financial risk,and the mechanism and path between the two,and determines the research content and methods.Secondly,based on the six elements theory of business model,value chain theory,financial risk management theory,and synergy theory,through analyzing the financial data and non-financial indicators of Anton Holdings from 2017 to the third quarter of 2022,identify the financial risks under restructuring,further refine the implementation of financing and investment risks,and identify issues such as high proportion of equity pledge,single financing method,high debt repayment risk,aggressive investment,and imperfect investment evaluation mechanism,Analyze the impact mechanism of business model restructuring on financial risk and the path to curb financial risk.Then,based on the Z-score model,make an evaluation of financial risks,and finally give suggestions for preventing financial risks under the restructuring of the business model of Anton Holdings.Anton Holdings can improve the asset structure and further enrich financing channels to prevent financing risks;Reasonably control the project cycle to avoid blind investment,strengthen budget management,increase research and development investment,and enhance technological innovation to prevent investment risks.Overall,through the research on the financial risk prevention of the business model reconstruction case of Anton Holdings,the third largest enterprise in the domestic trade container logistics industry,it provides reference and reference for other logistics enterprises in the period of business model reconstruction to prevent financial risks. |