Research On The Combination Between Industry And Finance Of TJPH Group

Competition in the international market has become increasingly fierce under the current global economic tide of integration.In order to survive and develop in the competition,becoming bigger and stronger has become the development goal of many enterprises in China.By studying the business development of international enterprise groups,some large-scale enterprise groups in China have begun the development path of integration of industry and finance.That is integrate its own industrial capital with the required financial capital to realize the financial support of the financial industry to the real economy,in order to achieve the goal of becoming bigger and stronger and increasing its own strength.With the prosperous development of large-scale enterprise groups in China,the combination of industry and finance has become more and more prominent.However,with the events such as Delong and GE's split financial division,the industry has some controversy about the effectiveness of China's large enterprise group's integration of production and integration.From the perspective of the development of large-scale enterprises in western developed countries,the combination of industry and finance has provided a boost to its development and growth.Therefore,the combination of industry and finance has become an important part of the strategic development of many enterprise groups in China.Under the current general trend of integration of industry and finance,how to correctly understand the connotation of industry-finance combination and its role,and guide Chinese enterprises to choose appropriate mode of integration of industry and finance and effectively supervise it,not only related to Chinese enterprises Whether to achieve the goal of stable and efficient development is also related to the completeness of the national industrial system and the security of the financial system.This paper selects TJPH Group as the research object,and seeks the successful experience of its combination of industry and finance through the analysis and research of its combination of industry and finance,and provides assistance for the integration of development strategy of China's enterprise group.As a large-scale local state-owned pharmaceutical company,TJPH Group has formed a complete industrial chain of scientific research,production,commercial logistics and retail after more than 20 years of development.In the industrial layout,an industrial pattern based on green Chinese medicine,chemical medicine,commercial logistics,retail and high-end medical equipment has also been formed.At the same time,TJPH Group also set up its own finance company and participated in the Tianjin Rural Commercial Bank,realizing the development model of combining production and finance with the two wings.This paper starts with the theory and literature review of the combination of industry and finance,and combines the development process of domestic industry and finance.Taking TJPH Group as an example,it discusses the combination of industry and finance,and points out the existing problems of TJPH Group's existing integration mode.At the same time,this paper also combines the relevant cases of domestic enterprises' integration of industry and finance,pointing out that the integration of industry,finance and industry in China should rely on its own industrial advantages to integrate production and finance,choose the road that suits oneself,step by step,and maintain the idea which is balanced development of industry and finance.Finally,based on the above ideas,suggestions are given to the problems existing in the combination of industry and finance of TJPH Group.It is pointed out that TJPH Group should improve the risk prevention system on the road of integration of industry and finance,promote capital management,improve talent construction and establish a combination of industry and finance in line with the current situation of TJPH Group.