Research On The Influence Mechanism Of Industrial Investment Fund On The Performance Of Power Companies

In the report of the 19th National Congress of the CPC put forward that"investment plays a key role in optimizing the supply structure".Since the reform and opening up,China’s investment structure has been constantly adjusted,which has promoted the transformation and upgrading of industrial structure.In the future,investment will play a key role in optimizing the supply structure in two aspects:optimizing the input structure of factors and optimizing the industrial structure.During the 13th Five Year Plan period,China has accelerated the development of new and renewable energy.A series of policy support not only creates good market opportunities for the transformation of new and old kinetic energy of enterprises and the optimization of industrial transformation,but also provides more space and power for the vigorous development of emerging industries.with the development of China’s market economy,the demand for industrial innovation and financial innovation is also increasing.In this context,industrial investment funds emerge as the times require.Industrial investment fund is a kind of private equity investment form with Chinese characteristics.The first key point of industrial investment is "industry",and the second key point is"strategy".The organization mode of capital+industry can not only broaden the capital channels of enterprises,but also quickly bring advanced technology and management experience to the company,integrate with the market,improve the competitiveness,which is conducive to the company’s long-term development,investment and industry collaboration,and realize the strong alliance and multi-party cooperation Win.After obtaining the project resources,the power company needs a long time and large capital investment for the cultivation of the industry,has high requirements for professional operation and losses in the early stage of operation,which has great risks and affects the company’s assessment.It can first invest through the industrial investment fund,and make use of the professional operation team of the industrial investment fund to let the project company develop and standardize under the fund platform.Through the industrial investment fund as the "incubator" to hold the project company,the project company will be incorporated into the power company after the profit and management specification of the project company.The financial leverage effect of the industrial fund can make the power company release funds,accelerate the integration of industrial resources,realize benign and rapid development,and help to improve the performance of the company.In this paper,literature research,case study,data analysis and other methods are used to carry out the research from the following six parts:The first part puts forward the research background according to the current situation of China’s industrial investment fund and the existing problems of industrial development.Combined with the impact mechanism of corporate performance problems and the role of industrial investment funds,this paper leads to the theme of the research.The second part introduces the relevant concepts,characteristics and operation mode of industrial investment fund,expounds the relevant theories,reviews the relevant achievements of domestic and foreign literature.The third part analyzes the internal and external environment of industrial investment fund,uses SWOT analysis to conduct a comprehensive,systematic and accurate research on the situation,so as to formulate the corresponding investment model according to the research results.The fourth part introduces the industrial fund investment cases,including the basic situation of the company,the cooperation mode between the industrial investment fund and the company,and the performance difference before and after the stock reform.The fifth part is the case analysis of industrial fund investment,including the analysis of the necessity and feasibility of industrial fund cooperation mode for improving the performance of power companies,and the analysis of the specific measures of how to improve the performance of power companies.The sixth part puts forward the conclusions and suggestions.According to the conclusions of the study,it puts forward the specific operation mode of industrial investment fund to improve the performance of the target company,as well as the prospect of the future research.The results show that the holding of industrial investment funds is conducive to improving corporate performance,and with the increase of the holding ratio,the improvement effect is more obvious.The richer the participants of industrial investment fund,the better the company performance.With the help of industrial investment fund,the performance of power companies can be improved.The research results provide a reference for the performance improvement mode of companies with industrial investment fund participation,and provide a reference value for China’s diversified industrial companies in the future development process by introducing industrial investment fund to improve performance.