A Study On Capital Management Of Finance:Based On Finance Company Of KR Group

Finance company of enterprise group in China,non-bank financial institution supervised by China Banking Regulatory Commission(CBRC),serves as center of financing,settlement and fund management of large-scale enterprise group.Providing comprehensive financial services for enterprises,it aims to strengthen the centralized management of fund,increase the utilization efficiency,effectively reduce financial costs and form economics of scale to realize reasonable allocation of fund inside the enterprises,meet the financial needs of member units and increase the core competitiveness of enterprises.As an internal non-bank financial institution of KR enterprise,KR Finance Company,since its inception,following the principle of relying on the enterprise and serving the enterprise has provided guarantee for the overall liquidity of fund and the realization of strategic development goal of the company.With the expansion of the enterprise and the increase of member units,difficulty in financing of some units providing components and parts is exposed under the existing fund management system.These units often seek expensive loans from banks by paying high financial costs.Meanwhile,the large quantity of member units leads to a huge amount of accounts and settlement businesses.Relevant personnel fail to avoid operation risks effectively and spot potential market risks timely due to the under-performance of after-loan management measure.All these issues caused the low efficiency of fund operation and low benefits of KR Enterprise.On the basis of fund management,finance company and block chain research,this thesis introduces the studies on fund management model and finance companies both at home and abroad and elaborates on the three fund management models of finance companies in large-scale Chinese enterprises.Taking fund management of finance company of KR Enterprise as an example,this thesis introduces its industrial background,KR Enterprise,KR Finance Company,its developments of fund management and existing business process of fund management,thus putting forward that unreasonable allocation of fund,low efficiency of capital turnover and under-performance of after-loan measures are caused by lack of efficient fund management system and mismatch between business process and reality.Further,this thesis proposes measures to improve KR Enterprise's fund management from four aspects,namely,improving fund management system,optimizing fund managementmodel,enhancing specific utilization and perfecting institutional setup.This thesis also holds lessons for other large-scale enterprises and their finance companies in terms of centralized fund management and the optimization and design of fund management model.