On Innovation Of Investment And Financing Models In The Sate-owned Geological Prospecting Units In China

The System and Mechanism in our Sate-owned Geological Prospecting Units aredifferent from general Public Institution, and they are also different from generalstate-owned enterprises.“Having the name of Public Institution, but simulating theways in enterprises.”——This is a vivid description to our Sate-owned GeologicalProspecting Units.This paper utilizes the methods of theory and practice, case research to analysisthe innovation process of investment and financing model in the Sate-ownedGeological Prospecting Units in China, the commercial Geological Prospectingfinancing model in the countries with rich mining industry, and the financing modelin our country when it is converting to the enterprises form the Public Institutionand it includes four aspects–“the subject, the Orientation,the Channel and theMethod. We try to find the way of innovation in financing models in theSate-owned Geological Prospecting Units in China under present circumstances, thenPresent some policy suggestionsMost of the Geological Prospecting Units in China, they are almost the same asthe primary mining industries in foreign countries not only in the purpose of settingup but also in management scale.But the main difference between them is that theprimary mining industries in foreign countries is private, but ours are Sate-ownedinstitutional Units. Canada、Australia and other countries have rich miningindustry,it determines that their commercial Investment and Financing Model is withcapital market as the guidanceThe essence of the state-owned institutional Units into enterprises is innovationof Investment and Financing Model. The system change in Scientific researchunits into enterprises made great success, it provides experience for ourSate-owned Geological Prospecting Units.The innovation in Sate-owned Geological Prospecting Units can promote thereform of investment and financing model Under the existing system and in order toforce the system reform.The guide of our Sate-owned Geological Prospecting Units Financing Model is“Enterprises”（Subject） and Exploration and Development integration (Orientation) and “capital market “and Stock equity financing tools (Method). At present, fivemodels can be adopted by our Sate-owned Geological Prospecting Units: Theoverseas merger and acquisition model、The territory of backdoor listing model、Win-win cooperation mode、mineral exploration “trust” and “options “model、“pool of money”inside the Geological Prospecting Units model.