Shandong Yanzhou Mining Group, 140,000 Tons Of High-performance Large-scale Industrial Aluminum Extrusion Project Financial Risk And Control

Our government always pays attention to development of aluminum and aluminous processing industry.State Council,relevant ministries and commissions issue related policies and Principles many times.With the rapid development of modern traffic vehicles going light weight,such as high railway,city subway and light railway,also including industries of aeronautical,astronautic,watercraft and machines,the requirement of large aluminum extrusion is rapid increase.For the technique reason,we import a lot.ShanDong Yankuang group company uses the advantage of coal,electricity,aluminum resource to enter the aluminum extrusion market,investing the project of 140,000 tons largely industrial aluminum extrusion.In the process of investment,some are successful,but other are fail.By analyzing these reasons to failure,we find that the key reason is to lack analyzing financial risk,also to formulate control measures.For this reason,this paper tables a proposal that the business investment has to make financial risk and control,and combines the material situation of "Yankuang",adopts scientific method,evaluates and analysis the financial risk and control fully,to ensure the project successful.The former two parts of this paper are based on the common theory of project financial risk and control,expatiate the function,characteristic and main content of project financial risk and control by introducing the research background,the practical meaning,the aim,content,the method and the survey of the item.This paper concludes the main content of the project financial risk and control,combining with the physical truth of project financial risk and control and basing on the advanced thought and method of home and abroad.From the third part to the seventh part,this paper makes a deep research of the material case---"Yankuang" project,tries to reach to the fantastic combination of practice and theory.Specifically, in the market and competitive analysis,this article not only described in detail the market situation on the world and the country,,but also make a precise judgment about market competition situation of the project;in the financial analysis,this paper estimates from the investment,financing,and financial benefit analysis;in project risk analysis,this article explores the project's risks.Finally,the paper draws the conclusion that this item is not only necessary but also feasible on the viewpoint of project financial risk and control,according to the analysis and demonstration of several aspects-----the analysis and investment cost,financial benefit and uncertainty, and execution condition.