| Since the Party’s Third Plenary Session of the 18 th CPC Central Committee deepened the reform,China has become the world’s largest regional PPP market,PPP model has landed a large number of projects to support China’s economic transformation and development and livelihood protection.However,while PPP is booming,chaos abounds,and after more than five years of development,PPP projects have shown great financial risks in construction and operation.Since Oriental Garden participated in PPP projects for social capital in recent years,due to the long cycle of PPP projects,large investment and other characteristics,companies that had been outstanding performance in 2018 suddenly fell into difficulties.Therefore,Oriental Garden needs to identify,analyze and control the financial risks of PPP project operation process.This paper first defines and elaborates the definition and operation mechanism of PPP model,introduces the development history of PPP projects based on the theory of financial risk and financial risk control of PPP projects,analyzes the current situation and failure cases of PPP projects in China,and summarizes the risk problems faced by PPP projects.(Here in after referred to as "Orient Landscape"),the company’s internal and external advantages and disadvantages analysis,and financial situation analysis,found that the company has problems such as slow repayment of accounts receivable,single and unreasonable financing channel,high pressure on debt service and interest payment,rising costs due to delayed construction period,excessive scale of PPP projects,excessive dependence on policy environment,and unstable financial risk control level.Finally,some suggestions are made for safeguarding capital management,financing capacity,PPP project planning,resource allocation optimization,financial risk system and internal control,and human resources. |