Study On The Centralized Management Of The Total Fund Of China’s Grain Reserve Management

Along with the high speed development of internet and communication technology, the strengthening of economic integration, the intensifying competition between domestic and overseas, more and more domestic enterprises seek for innovation and development as to advanced management model, especially in fund management, which would adapt a series of new market changes and to earn the enterprise itself a place in the market.From the perspective of modern economics, it is a inexorable trend for conglomerates to centralized controlling between finance and fund management. In the era of reform and openness of China, it is suggested enterprises to necessarily strengthen a kind of efficient fund management, in order to increase market share and avoid risks rely on its own advantages of capital.In order to improve the overall efficiency of fund utilizing in the group, China Grain Reserves Corporation (hereinafter:Sinograin) has established internal funding center, named as Fund Management Center, to centralize the controlling and allocation of internal fund among the whole system. In recent years, the implement of Fund Management has made progress step-by-step, also with few achievements, such as to reduce the internal financial costs, to sharply increase the capital usage efficiency, due to scale of fund management, Sinograin group has received preferable return of unified investment. However, within the scale of operation, current methods and tools of fund management showed inadequate to match Sinograin current operation, such as shortage of professional human resources, mis-use or non-use of fund management system software, low concentration of cash pooling, low accuracy of funding budget, and so on.Hereinafter, the thesis aim to discuss and analysis the existing problems of Sinograin group fund management from difference angles, to seek the causes of the problems, afterwards, to provide practical solutions and measures, meanwhile such implements on fund management has the model significance to other conglomerates.