| The current economic downturn has put great pressure on privately-owned real estate enterprises,which are facing difficulties in development,especially in financing.Due to their lower credit guarantee level,their financing channels are limited compared to state-owned enterprises,and their financing costs are generally higher.Under the policy guidance of "housing is for living,not for speculation" in recent years,the financing difficulties of private real estate enterprises have become particularly serious,and many real estate projects have encountered operational difficulties in the overall cooling environment of the real estate market.This article takes the YF project,a case hosted by the author,as the research object and studies the appropriate application of state-owned relief funds in the project through literature research and case analysis.The article first introduces the characteristics of state-owned relief funds and provides a detailed introduction to the operation and benefits of the YF project.Then,the feasibility of applying relief funds in the YF project is analyzed.Through multiple perspectives such as project positioning,SWOT analysis,and financial feasibility analysis,the project is comprehensively evaluated.After detailed investigation and data analysis,the main problems in the project are revealed,including financing difficulties,complex equity and loan relationships,uncertain payment,and damage caused by unfinished construction projects.Targeted solutions are proposed,and a reasonable relief plan for state-owned relief funds is formulated,such as introducing other investors and forming an SPV company for financing,clarifying loan relationships and divesting project assets,disposing of pledged collateral,and arranging special repair funds. |