Research On The Heilongjiang Minshi Rice Industry's Financing Problems

Small and medium-sized enterprises in agriculture is a major economic subject of agricultural development in China.According to the statistics,the contribution of small and medium-sized enterprise in agriculture to the township GDP has reached 75%,it is also important to our country's employment and GDP.In order to develop the agricultural,we should not only develop those large-scale agricultural enterprises,but also start from the small and medium-sized enterprises in agriculture.At present,our country's small and medium-sized enterprises are on a small scale,operation of the high-risk operation and lacking of mortgage guarantee,which caused the problems of being short of financing ways,high cost of financing and short Duration.However,the financing of agricultural value chain can solve the financing problems of China's Small and medium-sized enterprises in agriculture.This dissertation takes Heilongjiang Province's Minshi Rice Industry[HPMRI]as the research object and imports the financing of agricultural value chain into the process of enterprise's financing analysis.Doing field research of HPMRI on the foundation of introducing the theory about agricultural financing and studying related literature in home and abroad.Systematically analyzes the financing situation and demand of HPMRI combining with the financial statement data,found that Minshi rice industry mainly exist financing problems in three aspects:firstly is the ways of financing is single,the methods of external financing only has bank loans,private lending and inter-bank borrowing.Secondly is shorter term financing,the three methods of external financing above are no more than a year of short-term borrowings.Thirdly is the high cost of financing.Deeply analyzing the reasons for these problems are various:the enterprise internal management is not standardized,insufficient information disclosure,high operating risk,the lack of effective security guarantees,the government support for Minshi Rice Industry is not enough and the phenomenon of "sparing loan".Finally,focusing on the problems about enterprise financing above,the East Wo agricultural group,as the core enterprise,which has cooperated with Minshi Rice Industry,unite 130 households signed order with Minshi Rice Industry comprise a mini-type model about financing of agricultural value chain.Stating the operational mechanism of the value chain in detailed and analyzing its effect on solving easing the enterprise financing difficulty.At the same time,pointing out the model 's operational guarantee from enterprise,government and bank these three level.The enterprise should strengthen the information management and disclosure in the value chain.The government should enhance the guidance,supervision and perfect the legislation.The bank should actively develop some appropriate and innovative financial products in order to offer better service for the value chain.Expecting to figure out the enterprise financing difficulty according to this modeland give reference to resolve the same problems in Suihua.