Baicaoyuan Project Financing Fund Structure Analysis And Case Inspiration

Fund structure is not only a very important issue of financial management theory and practice, but also the theoretic foundation and core issues of the modern corporate investment and financing decision-making. In this paper, the author analyzes the financing progress of Baicaoyuan project finace,highlights the fund structure of this project and gives recommendations on how to optimize the fund structure for project financing. The author points out that the MM theory is not suitable for China, and Discusses the optimization of fund structure of the project process.The project's fund structure is just in order to establish a connection that the project's risk can well alternative the initiator risk and provides a reasonable match of risk and profit for investors with different strategic advantages.