I 摘要 自改革开放以来，随着我国经济的快速发展，中小企业在我国企业主体中不论是 数量还是质量都占据着举足轻重的角色，业界学者也都普遍认为，未来发展的主要助 推力和增长点也都是来源于中小企业的发展，我国作为世界上最大的发展中国家，中 小企业的情况显得更加突出一些。但是这样一个重要的角色， 却长期得不到与之地位 和作用相匹配的金融支持，这一情况大大损害了中小企业的长期稳定向上的发展，对 我经济的未来发展趋势也有一定制约。 而供应链金融就是在这样一个时代背景下产生和发展。供应链金融主要是依托核 心企业提供的信用支持，基于供应链上真实交易的基础，为供应链上下游的中小企业 提供了一系列的融资产品，在很大程度上满足了一部分中小企业的融资需求。而在互 联网高速发展的今天，互联网信息技术在供应链金融上的运用也越来越多，在丰富融 资产品的同时，也大大提高了供应链金融的运行效率。但是新模式新技术的运用在带 来便利的同时，也相应的增加了一些方面的风险。 本文选取 EA 公司作为案例，对 EA 公司的供应链金融业务模式及互联网经济模式 下的供应链金融模式的具体业务进行分析，同时对其业务模式下不同角度的风险来源 进行分析，之后对不同角度风险来源的控制对策进行研究，通过对 EA 公司供应链金融 模式以及供应链金融风险的研究，发现其在供应链金融业务模式的领先，以及其在互 联网技术上的应用，供应链管理平台的构建，供应链交易数据的收集维护上，供应链 金融整体的风险识别和风险控制这些重要指标上，在同行业的公司里，不论是运行模 式还是运行效率上，均有一定的指导性和参考性。故而对其进行研究探讨，意图通过 对其研究和剖析，来对整个供应链金融行业的发展提出一些建议、对供应链金融风险 的识别和控制提高重视。对互联网技术在供应链金融的应用上有一定的指导作用。希 望通过这些建议，对解决我国中小企业融资问题有一定的帮助，对我国的经济增长有 一定的促进。 关键词，供应链金融， 互联网， 风险控制，中小企业融资西北大学硕士学位论文 II ABSTRACT Since the reform and opening-up, with the rapid development of our country's economy, small and medium-sized enterprises (SMEs) have played an important role in the main body of enterprises in our country, both in quantity and quality. The main thrust and growth point of future development are also from the development of small and medium-sized enterprises, China as the largest developing country in the world, the situation of small and medium-sized enterprises appears to be more prominent. However, such an important role has not been matched with its status and role for a long time. This situation has greatly damaged the long- term stable and upward development of small and medium-sized enterprises, and there is also a certain system for the future development trend of our economy. And supply chain finance is produced and developed under such an era background. The supply chain finance mainly relies on the credit support provided by the core enterprises, and provides a series of financing products for the small and medium-sized enterprises in the supply chain up and down the supply chain based on the basis of the real transaction in the supply chain. To a large extent to meet the financing needs of some small and medium-sized enterprises. Nowadays, with the rapid development of Internet, the application of Internet information technology in supply chain finance is more and more. It not only enriches financing products, but also greatly improves the operation efficiency of supply chain finance. But the use of new models and technologies not only brings convenience, but also increases some of them. Aspects of risk. In this paper, EA Company is selected as a case to analyze the supply chain finance business model of EA Company and the specific business of supply chain finance model under the Internet economy. At the same time, the risk sources of different angles under its business model are analyzed. Then the control methods of risk sources from different angles are studied. Through the study of the supply chain financial model and the supply chain financial risk of EA Company, it is found that the supply chain financial business model is leading in the supply chain financial business model. And its application in Internet technology, the construction of supply chain management platform, the collection and maintenance of supply chain transaction data, the risk identification and risk control of supply chain finance as a whole. Important indicators, in the same industry in the company, whether in the mode ofABSTRACT III operation or operational efficiency, there is a certain degree of guidance and reference. Therefore, through the research and analysis of it, it is intended to put forward some suggestions for the development of the whole supply chain financial industry, and pay more attention to the identification and control of the financial risk in the supply chain. Internet technology in the application of supply chain finance has a certain role in guidance. It is hoped that these suggestions will help to solve the financing problem of small and medium- sized enterprises in our country and promote the economic growth of our country to a certain extent. Keywords:Supply chain Finance，Internet， risk Control，SME financing西北大学硕士学位论文 IV 目录 摘要.............................................................................................................................................I ABSTRACT...............................................................................................................................II 第一章 绪论............................................................................................................................... 1 1.1 研究背景与研究意义 ...................................................................................................... 1 1.1.1 研究背景.................................................................................................................... 1 1.1.2 研究意义 ....................................................................................................................... 3 1.2 文献综述 .......................................................................................................................... 4 1.2.1 中小企业融资与供应链金融.................................................................................... 4 1.2.2 互联网经济模式下供应链金融................................................................................ 5 1.3 研究思路 .......................................................................................................................... 5 1.4 本文贡献 .......................................................................................................................... 6 第二章 供应链金融基本含义与发展历程............................................................................... 8 2.1 基本含义 .......................................................................................................................... 8 2.2 发展历程 .......................................................................................................................... 8 2.2.1 国外发展历程............................................................................................................ 8 2.2.2 国内发展历程............................................................................................................ 9 2.3 供应链金融业务模式 .................................................................................................... 12 2.3.1 应收账款模式.......................................................................................................... 12 2.3.2 存货融资模式.......................................................................................................... 13 2.3.3 预付账款融资模式.................................................................................................. 14 2.4 基于互联网经济模式下的供应链金融的含义与特点 ................................................ 15 2.4.1 含义.......................................................................................................................... 15 2.4.2 特点.......................................................................................................................... 16 第三章