Research On Tenant YT Company's Breach Of Contract

Financial leasing is a new type of financial industry.With the development of China's economy,the national policy encourages the development of financial leasing.As of December 2019,there are 12130 registered financial leasing companies.However,the target industries of financial leasing are too concentrated,focusing on infrastructure construction,transportation,medical care,education and culture,etc.the business model is mainly based on sale and leaseback,which is difficult to get rid of the credit like influence.The industry homogeneity is high,the target customer competition is fierce,and the profit is reduced.From the perspective of penetration rate,China's financial leasing penetration rate is still very low,there is a lot of room for development.Each financial leasing company wants to be bigger and stronger,expand the scale of assets,explore innovation and transformation,and create its own brand.However,the investment time of financial leasing project is long and the risk is high.How to control the risk in business development is an important topic at present.In this paper,l financial leasing company in the expansion of business scope,select YT leaseback business as an example,the project process risk management and control situation is analyzed,from the specific operation level,the establishment of risk management system suggestions.First of all,this paper describes the development status of L Financial Leasing Company and the business strategy of expanding business scope,YT company's business situation and urgent financing needs.Then,it introduces in detail the risk management mechanism of L company to prevent and control the risks of YT lessee from project initiation to default.Then,for the lessee,it analyzes the liquidity risk from four aspects: policy environment,diversification,profitability of main business and solvency of YT company;for the lessor,it analyzes the risk identification and risk management of the leaseback project from three aspects: target customer screening due diligence,pricing scheme and corporate risk management mechanism.The analysis shows that it is difficult for YT company to break away from the "two high and one surplus" industry in its strategic transformation.Diversified operation causes capital turnover difficulties,large capital gap and insufficient overall profitability of the company;L company lacks understanding of the target industry,weak risk awareness of business personnel,re investment of the company,and no implementation of specific risk management.Finally,it summarizes the experience and lessons of L company in the process of seeking business development and exploring characteristic operation,so as to provide reference for other financial leasing companies.In the process of new business development,the target customers should choose industries permitted or encouraged by national policies,give priority to industries with competitive advantages,strengthen staff training,improve the ability of risk identification and control,improve the risk management system,and control the risks in an acceptable range,so as to form a comprehensive competitiveness,which is more conducive to the long-term and stable development of financial leasing companies ?...