Research On The Impact Of Yankuang Energy’s Green Technology Innovation On The Financial Performance Of Enterprises

With the continuous increase of global carbon emissions,the Chinese government has set a series of emission reduction targets,striving to peak CO₂ emissions before2030 and achieve carbon neutrality before 2060.In order to achieve these energy-saving and emission-reduction goals,effectively respond to global climate change,and promote green and low-carbon development,Chinese enterprises need to transform their economic development models and optimize and upgrade their industrial structure.As the"industrial food"coal industry,high pollution,high energy consumption is its current significant development characteristics,is the main source of carbon emission growth,in order to actively promote the green and low-carbon development of enterprises,the coal industry began to vigorously promote green technology innovation.Therefore,after the innovation of green technology,the financial performance of coal enterprises and whether they can achieve low-carbon development to the greatest extent is a valuable question.This paper first collects and analyzes the existing research results,and puts forward the research ideas of this paper on this basis.Secondly,the current situation of green technology innovation of Yankuang Energy was introduced,including the basic situation of enterprises,the current status of green technology innovation,the motivation of green technology innovation,and the input and output indicators of green technology innovation.Thirdly,the impact path of green technology innovation on the financial performance of enterprises is explained from three stages.Then,the impact of Yankuang Energy’s green technology innovation on financial indicators and comprehensive financial performance was analyzed on the basis of the impact path.Finally,the previous article is summarized and suggestions are made.First,the impact of Yankuang Energy’s green technology innovation on its financial capacity is compound,with positive effects on profitability,development ability and operational ability,while negative effect on debt repayment ability;Second,green technology innovation has a strong positive correlation with comprehensive financial performance.Finally,according to the research conclusions,this paper puts forward suggestions for Yankuang Energy to improve the green management system,promote customized coal production and enhance the awareness of green patent protection,and also put forward relevant suggestions to the government to increase the cost of environmental regulation violations,strengthen the green demand of the consumer market,and improve the legal system of green property rights,hoping to provide reference for the green and low-carbon development of China’s coal industry.