Study On Financing Of Jilin Jinyuan North Science And Technology Development Co.,LTD

Jinyuan Company was established in 2004 in Changchun City,Jilin Province.Jinyuan Company is an environmental protection industry.It is a medium-sized environmental protection technology company with independent intellectual property rights.It is in the leading position in the environmental protection industry in Jilin Province.As China’s economy development continues to increase,environmental pollution problem is becoming more and more serious in China,and the people urgently need to rectify and improve environmental problems.In response to this situation,the Chinese government departments attaches great importance to environmental issues.However,as a medium-sized environmental protection company,Jinyuan has many problems in financing.From the perspective of financing scale,the financing amount of Jinyuan Company cannot meet the needs of investment and operation;from the perspective of financing structure,the financing structure of Jinyuan Company is unreasonable;from the perspective of financing channels,Jinyuan Company only has a single financing method.As a high-tech industry,Jinyuan Company needs to intensify technological innovation and application.However,environmental protection companies generally face the dilemma of lack of funds and financing difficulties,which directly restricts R&D and industrialization,and also hinders the progress of the industry.To this end,this paper is based on the realistic background of financing difficulties for medium-sized environmental protection enterprises.Taking Jinyuan’s financing problem as an example,this paper studies the financing of small and medium-sized environmental protection enterprises in China.First of all,this paper analyzes the financing status of Jinyuan Company,the problems in financing and the causes of the problems.It is found that the main reason for the financing constraints of Jinyuan Company comes from the external environment and internal management.From the perspective of external financing environment,the total amount of funds in the environmental protection industry is insufficient,the government’s insufficient support for small and medium-sized environmental protection enterprises,and the lack of special support for financial institutions and capital markets are external reasons for Jinyuan’s financing difficulties;within Jinyuan Company,managers don’t pay enough attention on financing,the imperfect internal control and the difficulty of value evaluation are the internal causes of Jinyuan Company’s financing problems.Secondly,this paper uses the experience summarization method to solve the problem of financing the environmental protection enterprises in three major countries of environmental protection technology,including the United States,Japan and Canada.The mature experience of the field draws on the international experience of obtaining government financial support,bank loan fund support and capital venture investment market financing support.Finally,based on the problems of Jinyuan’s financing,this paper proposes to solve the problem represented by Jinyuan Company.The countermeasures for financing problems of environmental protection enterprises suggest that Jinyuan Company should select financing channels suitable for the characteristics of environmental protection enterprises,strive for government innovation and environmental protection fund support,obtain loans from non-state-owned small and medium-sized banks and venture capital markets,and obtain funds from other financing sources.The significance of this paper is as follows: Firstly,in terms of theoretical significance,this paper analyzes the current financing situation of existing environmental protection enterprises,existing financing problems and proposes future solutions to financing problems from the perspective of case analysis.This paper enriches the research results of environmental enterprise research in China through specific cases,and expands the field of financing research for environmental protection enterprises.Secondly,in terms of practical significance,this paper takes Jilin Jinyuan North Technology Development Co.,Ltd.as an example to discuss the financing problems of small and medium-sized environmental protection enterprises.It directly plays a powerful role in alleviating the company’s financing pressure,meet the development needs of Jinyuan Company from the scale of financing and financing channels,and improve the financial environment of Jinyuan Company,which can also contribute to the progress of environmental protection technology in Jilin Province and the improvement of regional ecological environment construction.