On December 9th, at the “2014 China Auto Parts Industry Finance Collaborative Innovation Development Forumâ€, auto parts companies, investment companies and industrial funds all discussed the topic of “how to improve the financing environment of parts companiesâ€. It is believed that the connection between external capital and the auto parts industry can make the parts companies bigger and stronger, and the foundation of this leap is that the parts companies must have clear strategies and standardized mechanisms. Sanding Table,Dust Collection Filter,Table Saw Dust Collection,Polishing Workbench Changzhou Senjie Environmental Protection Equipment Co., Ltd. , https://www.jssenjie.com
Chen Cai, vice president of Hunan University, who is a financial capital-assisted component company to become a big and strong long-term concern and committed to the development of auto parts industry funds, believes that the domestic auto industry has not yet crossed the traditional model, and a large market share has been international brands and joint ventures. Cut up. The automobile industry value chain is a mixed value chain. The system from research and development to after-sales is very complete. It needs strong support from parts companies to truly guarantee the rapid development of the automobile industry. "China's auto industry and independent brands must have new developments. They must not only use the original traditional model, but also need to rely on the connection between the industrial structure itself and external funds." Chen said, "We hope to promote zero through the use of capital and industrial funds. The growth of component companies will enable them to have greater adaptability and greater voice. Of course, while cultivating component companies, we also hope to form a platform on which all component companies are developing, producing, and Trading, etc., is not only a supporting role, but even a protagonist."
Although some component companies are still "skilled" in introducing external financial capital, there are still parts companies that have already tasted the sweetness of financial capital intervention. Huang Yi, deputy general manager of Guangxi Yuchai Machinery Co., Ltd. said: “Yuchai’s stock was listed in New York in 1994. Through years of capital market operation, Yuchai’s operating costs have been greatly reduced. Currently, many auto parts have insufficient core technical capabilities. In particular, the engine after-treatment system, electronically controlled high-pressure common rail, etc., in the future, financial capital injection into the auto parts industry, there should be much to improve the core technology and talent introduction of independent brand parts. Yuchai proposed the idea of ​​'secondary entrepreneurship' last year. I intend to introduce some capital and technology partners to tackle these core technologies."
Nanjing Aotejia New Energy Technology Co., Ltd. successfully realized enterprise value-added through three capital operations, from 300 million to 1.2 billion. Its general manager, Qian Yonggui, said that when selecting an investor, a component company must choose a like-minded partner so that the company can go further. "I hope to reach new heights in the future, and the goal is to enter the top three in the world." He said with confidence.
On-site interactive links Strategy and mechanism can control risks If the capital is compared to water, the parts industry is like a boat, and the water can carry a boat. “Once entering the capital market, it will be tempted by the huge profit space of the capital market. If the enterprise management mechanism is not perfect, it will easily lead to the collapse of the entire enterprise.†Zhang Xin, executive director of Guotai Junan, said, “Therefore, the parts and components enterprises are absorbing. When investing in venture capital funds, there must be a cautious judgment when signing the relevant exit clauses, taking into account that risks are inevitable."
In this regard, Chen received that risk control is a problem that must be considered, but he believes that it is more important for the company's own development strategy to be clear. "Clear development strategy and financial support can achieve strategic development with the help of funds. Its strategic choice, suitable business model and clear development orientation, this is the key." Chen received. Jiantou Investment Co., Ltd. began to pay attention to automobiles in 2011, mainly in the aspects of technology upgrade and enterprise transformation. Zhang Chi, the investment director, said: "We choose companies that don't look at history and only look at the prospects. The first concern is the norms of enterprises. The standardized institutional structure and standardized financial system can guarantee long-term development. This is necessary for any enterprise to do capital market. The second problem is the development model of the enterprise. We hope that the company will put capacity expansion and technology upgrade together in the future development direction, relying on innovation and technology to achieve development. We hope that component companies can take advantage of themselves. The industry is doing well, avoiding blindly expanding new directions. In addition, we can use the capital market as a tool to find industrial investors who can invest in the long-term investment of enterprises, and use the strength of both sides to make the enterprise bigger and stronger."