A Research On The Financing Behavior And Strategy Selection Of GXLY Group

GXLY group is a large state-owned enterprise directly under the provincial level.It was founded in 2003.At present,it has developed into a group company integrating forest resources cultivation,Forest Pulp and paper industry,wood processing,forest products processing,domestic and international trade of forest products,forestry finance and supply chain financial services.In recent years,the rapid development of enterprises and the continuous shortage of funds have become the key factors restricting the development of the group.How to satisfy the group company’s capital demand and guard against risks,so that the group company’s capital structure and cost of capital to reach the best state,and to maximize the value of the group enterprise and sustainable development,has become a core issue in the development of the group company.This paper takes GXLY Group Company’s financing behavior and strategy choice as the research object,collects the data and information since the establishment of GXLY Group in 2003,and uses the comparative analysis method of financial indicators to study the problems existing in the financing management of various stages of the company,and puts forward the suggestions for financing strategy selection in each stage.This paper will be divided into the following parts:Chapter 1,mainly introduces the research background,research content,methods and significance of this paper;Chapter 2,introduces the definition of financing management,basic principles and the status quo of enterprise financing in China,elaborates on the financing management theory and scholars’practical research,laid the foundation theoretically.The third chapter focuses on the analysis of GXLY Group’s early,mature and high-speed development process and operating characteristics,which is the background of this paper’s data analysis;the fourth chapter,through financial indicators,analyzes the three stages of GXLY Group’s financing strategy selection on the impact of the group’s development,and puts forward different stages.The suggestion of group financing strategy choice is the core chapter of this paper;Chapter 5 summarizes the problems of the case study,extracts the inductive conclusions,and puts forward suggestions for the financing management of forestry enterprises.Based on the analysis of financing behavior of real enterprises,this paper points out the existing problems,and puts forward suggestions on financing strategy selection and sustainable development approaches for forestry enterprises to realize the optimal capital structure and maximize enterprise value.