Research On The Optimization Of Centralized Fund Management In XC Group

With the gradual development of a market-oriented economy,many enterprise groups with complex structures,diversified industries,and wide geographical dispersion have emerged through mergers,acquisitions,mergers,restructuring,and equity participation.In the process of large-scale development of enterprise groups,they often face the problem of difficult management of group funds,such as the difficulty in fund collection,low efficiency in fund allocation,low efficiency in fund use,and lack of prevention and control of fund risks.As the core of enterprise operation and management,more and more group companies are exploring the centralized management mode of group funds.How to do a good job in the centralized management of group state-owned enterprises,ensure the safe and efficient use of group funds,further improve the operating efficiency of the entire business sector of the group,and achieve the group’s development goals has become an urgent problem for large state-owned enterprise groups.XC Group,founded in 2005,is a first-class state-owned enterprise with 90%shares held by the State-owned Assets Supervision and Administration and Financial Work Bureau of Shuangliu District,Chengdu,and 10% shares held by the Sichuan Provincial Department of Finance.After more than ten years of development,XC Group has formed a business base of development and construction,industrial investment and operation,education and medical treatment,asset operation,property management,etc.,and has 38 wholly-owned,holding,and joint-stock companies,including 4 wholly-owned second-tier companies,11wholly-owned third-tier companies,and 2 wholly-owned fourth-tier companies.At present,XC Group implements the settlement center mode for fund management,which focus mainly on the settlement and scheduling of funds,while lacks attention on the collection of funds,risk prevention and control,and the ability to return funds.Therefore,based on the relevant theoretical basis and literature research,taking XC Group as the research object,this thesis mainly adopts the case analysis method to analyze the current situation of its centralized management of funds and its reflection on the financial situation,and then combined with the questionnaire survey,in-depth analysis of its existing problems and reasons,and finally combined with the operating characteristics of XC Group,put forward corresponding optimization suggestions,It is expected to provide some reference for XC Group and other state-owned enterprises in capital management.This thesis is divided into six chapters.The first chapter introduces the research background,significance,content,and methods of the thesis.The second chapter describes the concept,main content,and main mode of centralized fund management,as well as the relevant theoretical basis and research status at home and abroad.The third chapter introduces the basic situation of the group and analyzes the operation status and financial status of the fund centralized management business module.Chapter IV analyzes its existing problems and reasons in depth,and finds that XC Group has problems in the centralized management of funds,such as low efficiency of fund management,low efficiency of fund collection and transfer,low efficiency of overall fund use,low efficiency of fund budget implementation,insufficient allocation of fund management posts and personnel,inadequate prevention and control of capital risk.The main reasons for this are concentrated in aspects such as systems,managers’ awareness and attitude,and fund informatization.Based on the above analysis and in combination with the characteristics of XC Group’s fund management,the fifth chapter puts forward suggestions for optimizing the centralized management of XC Group’s funds,including optimizing the organizational structure of fund management,establishing fund management system,establish optimal fund concentration,improving the investment and financing management,improving the business ability of financial personnel,strengthening the information construction of fund management,and raising the overall awareness of fund management.The sixth chapter,based on the results of XC Group’s case study,puts forward the research conclusions,analyzes the shortcomings and limitations of the thesis,and further proposes future prospects.