The Research Of CITIC Bank’s Supply Chain Finance Mode Of The Automobile Industry

China has become the world’s largest automotive production and consumption market in 2017.Automotive sales volume has been ranking first for 8 consecutive years in the world.Manufacturers are in the core position in the automotive industry chain and often set strict requirements for dealers.Manufacturers often adopt stringent business policies to dealers.Around the formulate the rebate model,dealers are forced to bear high Coupled with the early stage of the construction of the cost of the investment return cycle is very long,faced with the shortage of capital.The essence is the SME financing difficult problem.The traditional credit mode,because small and medium dealer financial statements are not sound,the size of the weak strength of difficult to obtain bank financing.However,supply chain financing is based on the real trade background,combining with the core enterprise qualification and credibility of supply chain,the mode of providing financing for downstream enterprises in supply chain.The implementation of supply chain financing has brought a glimmer of hope for automobile dealers,solved the problem of financing difficult for small and medium-sized car dealers,so that core enterprises can expand more sales channels,radiate more regional market,enlarge production and sales scale,promote the benign operation of supply chain,and promote the development of automobile industry.CITIC Bank’s automotive supply chain financing brands are high-visibility,focusing on the supply chain of the downstream dealers to provide financing,the banks can expand customers,increase the source of profits.This paper introduces the development status quo of the financing business of CITIC Bank’s automotive supply chain,several common modes of financing of CITIC Bank’s automotive supply chain,the Cash pledge financing mode,the movable property offset credit mode operation flow were analyzed,and the supply Chain Financial Financing service scheme provided by CITIC Bank for China Huai Automobile Trade Co.,Ltd.was mainly introduced by case analysis method.Based on the case of the financing mode of the automotive supply chain financial dealers provided by Citic Bank,I summarize the risks of existing models from the aspects of automobile dealers,core manufacturers,supervisory collaborators and environmental risks.From the bank to strengthen the automotive dealers,core manufacturers,supervision of the cooperation of the strength of the bank’s own level of risk control and propose countermeasures.Specifically,banks should strengthen the supervision of automotive dealers,and build a financial system for automotive dealers,strengthen the car inventory supervision,screening car dealers two-level outlets;banks should strengthen their supervision of co-operation,strict cooperation with regulators,the classification of the warehouse management,the regulator to issue a margin;banks should improve their risk ratings system and buy credit insurance transfer risks.