Analysis Of Shanghai Pudong Development Bank's Online Supply Chain Financial Credit Mechanism

With the development of Internet finance and e-commerce,banks have combined supply chain finance,the Internet,and e-commerce to continue to develop online supply chain finance.Shanghai Pudong Development Bank innovates financial services in the fierce competitive environment of the current banking industry and launches online supply chain financial services.Currently,Shanghai Pudong Development Bank has launched online cooperation with several companies including China Mobile Communication Corporation,Shenlong Automobile,and COSCO Logistics,and launched an online supply chain finance business for China Mobile Communication Corporation's upstream and downstream companies.The online supply chain finance uses Internet thinking and technology,based on the three major advantages of integrated capital,platform,and data,becoming a new form of financial services.The new service form requires a more comprehensive credit mechanism.Based on this,this article uses Shanghai Pudong Development Bank's online supply chain finance business launched by upstream and downstream companies of China Mobile Communication Corporation as a case to analyze the online credit supply mechanism of Shanghai Pudong Development Bank's online supply chain.This article provides a brief background introduction for Shanghai Pudong Development Bank's online supply chain finance business for China Mobile Communication Corporation's upstream and downstream companies.From the three aspects of credit management mechanism,liability performance management mechanism and guarantee mechanism,an analysis was conducted on the credit mechanism of Shanghai Pudong Development Bank for different financing modes adopted by upstream and downstream enterprises of China Mobile Communication Corporation.Through analysis,it is found that Shanghai Pudong Development Bank's online supply chain financial credit mechanism has the advantages of reducing the risk of information asymmetry between banks and enterprises,enhancing the credit level of financing companies,and improving financing efficiency.At the same time,it was found that the online factoring financing model has a low degree of onlineization,lack of an overall inspection of the supply chain and post-loan tracking management is not in place.Electronic order financing model credit mechanism has insufficient operating system function,third party e-commerce platform lacks review of electronic signatures,and Shanghai Pudong Development Bank's corporate credit evaluation is vulnerable to network security defects.In response to the above problems,Shanghai Pudong Development Bank should establish a complete electronic information platform when conducting online factoring financing,strengthen the inspection of the entire supply chain,and establish post-lending risk early warning mechanisms.In the development of electronic order financing business,it should improve the system platform,strengthen the review of electronic signatures by third-party e-commerce platforms and establish an information security monitoring system.The online supply chain financial credit mechanism plays its role,but due to the impact of online marketing and other changes,the business model between supply chain entities has changed,and the amount of customers in the online supply chain finance business has changed.Shanghai Pudong Development Bank needs to carry out in-depth excavation of customers and make corresponding changes to the credit extension mechanism so as to promote the development of the online supply chain finance business of Shanghai Pudong Development Bank.