Advances in Economics, Management and Political Sciences
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Proceedings of the 2nd International Conference on Financial Technology and Business Analysis
Series Vol. 70 , 08 January 2024
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Access | Article
Analysis of Zhejiang Heping Financing Lease Model in the Context of Dual-Business Integration
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Abstract
Zhejiang Heping Automobile Sales and Service Co., Ltd., established in 2000, is a leading automotive sales enterprise integrating car sales and repair services. Undergoing three stages of development, namely, expanding and strengthening car sales, venturing into financing leasing, and consistently enhancing efficiency, the company has successfully achieved a clever integration of "financing leasing + car sales." This integration ensures a steady and ample supply of funds for the enterprise while simultaneously increasing profits. Seizing the opportunities of era development and conducting a rational analysis of the industry's strengths and weaknesses, Zhejiang Heping has innovatively adopted a new approach, combining "car sales + tunnel boring machine financing leasing," thereby ensuring a robust cash flow for the enterprise, continuously expanding business operations, reducing operational risks, and increasing overall company returns.
Keywords
Financing Lease, Car Sales, Tunnel Boring Machine, Business Integration
References
1. Zhou, L. (2001). Financing Leasing: A New Business Urgently Needed for Commercial Banks. New Finance, 04, 23-25.
2. Zhang, C. (2020). Risk Management and Prevention of State-Owned Financing Leasing Companies. China Market, 26, 96-97.
3. Wang, L., & Hou, X. (2021). Risk Management of Bohai Company's Financing Leasing Business. Cooperative Economics and Technology, 16, 48-49.
4. Xing, X., Cen, F., & Gao, C. (2020). Development of Financing Leasing Industry and Analysis of Financing for Small and Medium-sized Enterprises. Value Engineering, 39(1), 122-123.
5. Wan, X. (2021). Risk Control and Analysis of Details in Financing Leasing. Modern Marketing (Management Edition), 4, 52-53.
6. Zhang, W. (2020). Rebalancing the Interests of Lessor and Lessee in Financing Leasing: An Empirical Analysis Perspective. Financial Theory and Practice, 04, 111-118.
Data Availability
The datasets used and/or analyzed during the current study will be available from the authors upon reasonable request.
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- Volume Title
- Proceedings of the 2nd International Conference on Financial Technology and Business Analysis
- ISBN (Print)
- 978-1-83558-271-8
- ISBN (Online)
- 978-1-83558-272-5
- Published Date
- 08 January 2024
- Series
- Advances in Economics, Management and Political Sciences
- ISSN (Print)
- 2754-1169
- ISSN (Online)
- 2754-1177
- DOI
- 10.54254/2754-1169/70/20231599
- Copyright
- 08 January 2024
- Open Access
- This article is an open access article distributed under the terms and conditions of the Creative Commons Attribution (CC BY) license, which permits unrestricted use, distribution, and reproduction in any medium, provided the original work is properly cited