NH Sugar Group Supply Chain Finance Product Design And Service Research

Sugar is an important strategic material related to the national economy and people’s livelihood and national economic security.Guangxi is the largest sugarcane planting and sugarcane production base in China.In recent years,due to the rising cost of sugar production and the impact of foreign imported sugar,the domestic sugar price is inverted,and the sugar enterprises in the sugar supply chain are facing capital constraints and financing difficulties in the process of production and operation,and the development of Guangxi sugar industry is limited.Sugar industry is a capital-intensive industry.The deep integration of supply chain finance and sugar industry is an important starting point to solve the problems of great capital pressure and the mismatch between supply and demand of financial services in the development process of sugar industry,and also a strong guarantee to improve the overall competitiveness of the supply chain of sugar industry.However,the traditional supply chain financial services are mostly concentrated in leading enterprises in the sugar industry,with high industry concentration and single product form,which leads to the high debt ratio of sugar enterprises,and sugar farmers at the bottom of the sugar supply chain,which also need financing,do not obtain inclusive financial services.Therefore,it is urgent to study the innovation of sugar industry supply chain financial products and services.This paper is based on the actual business development situation of NH Sugar Group,From the perspective of NH Sugar Group’s supply chain and chain participants,This paper studies the development status and analysis of NH Sugar Group and the existing problems of financial services,On the basis of fully understanding the participants of NH Sugar Group supply chain,supply chain procurement and marketing business model and the capital demand characteristics of key links of the industrial chain such as sugarcane planting and harvesting,and sucrose production and sales,Combined with the current problems of single product,traditional model,high concentration and low universality in major financial services,Through the Internet of Things,blockchain and other fintech means,On the basis of the traditional accounts receivable pledge,order financing,warehouse receipt financing and other modes,Explore the innovation of sugar industry supply chain financial products and services for the capital demands of different participants and different business links in the NH Sugar Group supply chain,Try technological innovative supply chain finance products,To build an NH sugar industry supply chain financial service platform based on the Internet of Things + blockchain,Further invigorate the supply chain ecology of NH Sugar Group,Help in the NH Sugar Group "second entrepreneurship" high-quality development.