Study On The Growth Ability Of The CHUYING AGRO-PASTORAL GROUP After The Integration Of Industry And Finance

With the deepening of the reform and opening up,the rapid development of market economy,China has become the world’s second-largest economy.With the development of China’s economy,a large number of outstanding enterprises have emerged as the leaders in their respective industries.At the same time,with the continuous improvement of China’s financial market,more and more real enterprises begin to invest in the financial sector,and gradually implement the industry-finance combination strategy.The combination of industry and finance can effectively disperse enterprise risks,especially the high profit of the financial industry can smooth the cyclical risks of the real industry.Therefore,many enterprises tend to try the combination of industry and finance after development.Due to the existence of "pig cycle",China’s pig breeding industry has always been a high-risk industry,which has been in a state of diversification and small scale.With the continuous improvement of residents’ consumption level and the increasing demand for pork consumption,some pig breeding enterprises emerged and even listed on the stock exchange.In order to resist the risks brought by "pig cycle",most of these enterprises chose to implement the strategy of combining production and financing.However,what is the effect of the combination of production and finance on pig breeding?This paper takes foal the CHUYING AGRO-PASTORAL GROUP as an example,by studying its growth capacity after the combination of production and finance,explores the problems existing in pig breeding enterprises’ implementation of the combination of production and finance and how to implement the strategy of the combination of production and finance.At the end of 2018,the CHUYING AGRO-PASTORAL GROUP had a debt crisis,which made the star enterprise in the pig industry dim with uncertain future,and also made foal eagle agriculture and animal husbandry industry and financial integration strategy once again become the focus of people’s discussion.Through the research,it is found that after the implementation of industry-finance combination strategy,although the production scale of foal eagle agriculture and animal husbandry has been rapidly expanded in a short period of time and its financing ability has been greatly improved,which also plays a key role in its enterprise transformation and upgrading,the problems exposed by its growth ability are also prominent,such as the lack of innovation ability,poor operation and management efficiency,and frequent debt crises.All of these problems indicate that the combination of production and finance of the CHUYING AGRO-PASTORAL GROUP has not achieved ideal results.This paper analyzes the causes of these problems and puts forward corresponding countermeasures for them(strengthening the independent innovation ability of enterprises,optimizing the enterprise management mode,strengthening the enterprise investment risk management,etc.).Based on the research of the CHUYING AGRO-PASTORAL GROUP can be concluded that good corporate internal management system is the key to function with melting,suitable with melting model is a prerequisite for business success.