Research On The Centralized Fund Management Mode Of ZNJ Group

In recent years,along with the two-way transformation of the state-owned system and the market-oriented mechanism,China's economic growth mode has gradually shifted from extensive to intensive,and more and more group companies have adopted the financial intensification model to manage enterprises.As an important part of financial intensive management,fund management is particularly important in the process of group enterprise management,because capital is the most basic factor for enterprises to carry out business activities.The development of various businesses is inseparable from the support of funds and fund management.The level of the level largely determines the rise and fall of the enterprise.This is especially true for large state-owned enterprises.The supervision of state-owned assets by the relevant state departments is becoming more and more strict.The traditional extensive management methods are no longer suitable for the development of modern state-owned groups.Refinement,intensification and quality have become modern state-owned The guiding standard of the group management system,more and more large-scale groups began to implement centralized management with funds as the traction point to achieve the goal of overall management,thereby strengthening and broadening the overall control and efficiency development channels for the group enterprises.The research on the centralized management mode of group companies' funds is of great significance in the transformation and development of the group enterprises as a whole.The ZNJ Group is a capital-intensive state-owned power energy construction group with relatively mature and large-scale development in China.This paper combines the centralized management model of case group ZNJ research funds,and centralizes the management of funds from the ZNJ group after expounding the relevant fund centralized management theory.Start with the business and process,and deeply analyze the application of the centralized management mode of “financial company + fund settlement center” in the ZNJ group.Through the comparison of thefund management mode and fund management effect of the same industry,the ZNJ group exists under the existing fund management system.Insufficient The Group's accounts receivable remained high,inventory squeezed liquidity,and investment business was not carried out properly.Insufficient efficiency of overseas fund management,budget management needs to be improved,Issues such as weaker risk control of funds The improvement opinions on liquidity management,investment business development,overseas fund management execution,budget management system and capital risk prevention are convenient for other power construction enterprises to learn from the centralized management of funds.