| Since the beginning of the 21 st century,influenced by the continuous enrichment of the supply side products of the automobile industry and the promotion of policies to encourage the development of the automobile industry,China’s automobile sales and ownership have shown a strong growth,and auto finance lease has become a new transportation service industry.With the continuous adjustment of China’s industrial structure and the advancement of technological innovation,auto sale-and-leaseback business,as an innovative financial service in auto finance leasing business,integrates financing and financing,which facilitates the lessee to obtain funds quickly and provides a new direction and development opportunity for auto finance leasing.However,with the rapid expansion of the scale of auto finance leasing business and the rapid rise of market penetration,due to the national policy regulation and regulation and the change of industry operation mode,enterprises’ own operation situation,especially in the internal risk management,presents a series of challenges and problems.Therefore,it is of sustainable development significance for auto finance leasing enterprises to thoroughly study the risk management of vehicle sale and leaseback business,and to do a good job in risk identification and prevention.This paper takes the risk problems found in the process of ZD Financial Leasing Co.,Ltd.(hereinafter referred to as ZD Company)in the process of carrying out the after-sale leaseback business of existing vehicles as the research direction,with the help of domestic and foreign research status and information asymmetry,entrustment agent,internal control and other related theories,through the literature research method,case analysis method and questionnaire method,according to the business operation characteristics of ZD Company relying on SP(agent)to expand the business,deeply analyze and summarize the risk management problems and formation reasons of ZD Company’s stock car sale and leaseback business.Targeted countermeasures to address risk problems are proposed.As a result,ZD’s risk management capabilities in the after-sales leaseback business of existing vehicles can be further improved,reducing operational risks,and at the same time,it can also enlighten the development of related companies in China’s auto financial leasing industry,and to a certain extent,it can contribute to the research and development of a large number of auto financial leasing companies. |
