The Research On The Funds Centralized Management Of First Heavy Group Company

It has been more than 30 years after China carried out the reform and open policy, here was a large number of enterprise group, represented by the state-owned enterprise. The enterprise group, with its abundant financial strength, great capital advantage and huge organization structure, become the support of the national economy. But the entralized management of the group company of funds is still in a relatively primary xploration stage, be badly in need of some mature cases and successful experience for the esearch and discussion.This paper takes the First Heavy Group Company as the analysis main body, focusing )n analysis and research of the company’s cash management. Introduce the research status of the domestic and overseas, the definition and characteristics of group company, the neaning and main mode of the centralized fund management. This paper describes the )verall business performance of the fund management of First Heavy Group Company ind then focuses on analysis of the existing problems in the funds management, including he decentralized management of funds and the proportion of precipitation, the highly entralized management makes the subordinate enterprises lack of enthusiasm, high inancing costs and liabilities ratio, the long residence time of payment after funding ipproval, cash management has certain risk, etc.,. After analysis and diagnosis to these )roblems, in view of the deficiency, the paper proposes the First Heavy Group Company to mild financial company type fund centralized management scheme, expounds the ;onstruction goal and principle, the fund centralized management pattern choice, the inance company type fund centralized management pattern of the organizational structure ind responsibilities, implementation steps, expected results, and finally puts forward the aupporting measures of centralized fund management. In order to help the fund management of First Heavy Group Company through the study of this paper.