HH Group Fund Centralized Management Case Study

Capital is the "lifeline" of production and management of enterprises,and a sound fund management model is the cornerstone for the stable and sound development of enterprises.An enterprise group is an economic complex in which a number of member companies are aggregated.Its large-scale operation and management characteristics determine its own high financial risk,so it also puts forward higher requirements for fund management.At present,80% of the world's top 500 enterprises have implemented centralized management of funds.In practice,they have formed a relatively mature centralized fund management system,and combined with their respective business practices,developed a unique fund management model..In addition,since China's economic development entered a new normal in 2012,the national economic development goal has been from “quantity” to “quality”.China's enterprise groups are standing on the turbulent tide of reforms and facing the enormous challenges brought about by the changes..This paper selects HH Group,a typical mixed-run state-owned enterprise group as the object of discussion.Due to its large scale,diversified business operations,representative of the enterprise group,and its successful fund management,it supports the operation and expansion of the group.Therefore,I hope to use this model to provide reference for enterprise groups that are exploring the capital management model.This paper adopts the investigation method,the case study method and the inductive summarization method as the research method,and strives to combine the theory with the reality,and draws scientific conclusions with rigorous attitude and substantial data.After analysis and argumentation,the paper concludes that HH Group's current financial company model has strong advantages and can better meet the needs of the Group's stable and good development.It is worthy of reference by various enterprise groups.This article is divided into six chapters.The first chapter introduces the research background and research significance,research content and research methods.The second chapter summarizes and introduces the concept of enterprise group,group fund management and three modes of fund management.The third chapter mainly introduces the basic situation of HH Group and its specific practice in fund management.The fourth chapter mainly analyzes the HH Group's practical achievements in fund management and the problems that need to be solved.The fifth chapter is to give pertinent suggestions for the existing problems and obtain the HH Group's centralized management and control practices.Inspiration.The sixth chapter summarizes the research conclusions and future prospects.As a large group in mixed operation,HH Group has the following research significance.First of all,after the actual operation of the enterprise group,the group's fund management model is effective and can support the realization of the development strategy of the enterprise group.Secondly,it has certain guidance and reference significance for the enterprise groups that are seeking to transform the capital management model in China.Finally,this paper starts from the perspective of case analysis and has certain significance for enriching the theoretical research of the academic community in the group fund management model.