Research On The Financial Optimization Strategy Of China Railway Supply Chain Under The Impact Of Sudden Public Health Events

Throughout history,epidemic infectious diseases have always been the great enemy of human society.In the face of sudden public health events,the normal production and living order of human society will be greatly impacted.As epidemic diseases often spread from person to person,the infrastructure industry,as a typical labor-intensive industry,is often the hardest hit.At the same time,infrastructure industry is also one of the most widely used industries in supply chain finance.On the one hand,it provides a convenient financing channel for many small and micro enterprises in the industrial chain,and on the other hand,it also makes the enterprises in the whole industrial chain more closely connected.Therefore,in the face of sudden public health events,the operation mode of supply chain finance in infrastructure industry needs a set of reasonable coping strategies to withstand the impact.Therefore,this paper selects China Railway,a representative leading company in the infrastructure industry,to analyze and interpret its enterprise development status,upstream and downstream enterprises in the industrial chain and the operation mode of supply chain finance adopted by it.Firstly,it is pointed out that China Railway Corporation is a state-owned infrastructure enterprise with large market value,which plays a pivotal role in the infrastructure industry and has the characteristics of a core enterprise.Secondly,through the analysis of the industrial chain of China Railway,it is found that there are many small and medium-sized enterprises in the upstream and downstream of the industrial chain,and they have large financing needs.Therefore,the whole industrial chain has the soil for the development of supply chain finance.Thirdly,through the analysis of the supply chain finance business model of China Railway Commercial Factoring Co.Ltd.,a specialized subsidiary of China Railway engaged in supply chain finance,the advantages of its adoption of this model are obtained,and the defects and deficiencies in the face of sudden public health events are pointed out.Based on the defects and deficiencies of the operation mode of China Railway Supply Chain Finance in the face of sudden public health events found above,this paper specifically designs optimization strategies to help it resist risks.Firstly,in view of the defects found above,a set of coordinated response plan involving the group’s enterprises,local governments,financial institutions and upstream and downstream SMEs with financing needs is designed to deal with the negative impact of public health emergencies on the financial model of China Railway’s supply chain at the fastest speed.Secondly,in view of the defects found(2)above,design a set of China railway industry chain upstream and downstream enterprises rating mechanism,from the importance of an enterprise for China railway group,and its ability to resist risk two dimensions for its reasonable score,thus enables the credit resources to reasonable distribution in all kinds of enterprise.Finally,it puts forward the implementation guarantee suggestions from the optimization of organizational structure,the improvement of risk management system,the improvement of talent selection and incentive mechanism,and the acceleration of digital management process.In short,in this paper,supply chain finance business of China railway group as the research object,explore its sudden public health incident mode optimization strategy plan,the purpose is to help the China railway supply chain finance business against the class of the impact of certain situations,but also for other similar industries or similar enterprises of supply chain finance model reform advice.