Research On Credit Risk Management Of Paper Making Enterprises

In recent years,China's monetary policy has tightened,and economic policies and regulations have failed to meet the needs of the market.SME bank credit has become more difficult and the economic efficiency of entities has declined.Concentrated follow-through investment has contributed to the private lending crisis in China's printing and packaging industry.The running of the boss and the bankruptcy of enterprises have become the norm in the industry.The previous scenery of the packaging and printing industry is no longer a dead one.In the current economic and social environment.the main trade settlement method for paper-making enterprises and their downstream dealers is credit sales.Therefore,the risk of bad debts is a risk that paper-making companies must face.Shandong Sun Paper Company,as a large listed papermaking enterprise in China,has an annual operating income of nearly 15 billion yuan.Therefore,it is found that there is a significant difference between the implementation effect of credit risk management and actual demand in China's paper industry,which is difficult to meet the needs of the development of the industry.This paper starts from the theory of credit risk management,based on the existing theoretical research results,and on the basis of the "3+1" credit risk management model proposed by the Ministry of Commerce of China.Taking Sun Paper Industry,a representative listed company in paper industry,as an example,this paper makes a thorough and comprehensive analysis and study on its interior.The concrete situation of the credit risk management system,discusses and analyzes the scientific and effective credit risk management system.In the aspect of the empirical research,it concretely studies and analyzes the development situation of the sun paper industry,and probes into the content of its credit risk management system.It is fully affirmed that a scientific and sound credit risk management system can effectively reduce the credit risk of enterprises,which has an important reference significance for the implementation of credit risk management in Chinese papermaking enterprises.