Analysis of the Effect of Shared Finance Implementation in Yonghui Supermarket

Abstract

Some of the retail enterprises in China are still in the traditional business model, and their financial model will not match the scale of operation and financial control ability with the development of the enterprise. Nowadays, the integration of the world economy is developing deeply, and the business between enterprises is complicated, so it is imperative to strengthen the overall control of enterprise finance. There is no doubt about the influence of the shared finance model on the control of corporate financial processes and capital management. Yonghui Supermarket is a large-scale private joint-stock enterprise group cultivated in Fujian Province to promote the transformation of traditional farmers' market to modern distribution mode. Yonghui Supermarket is one of the top 500 enterprises in China and has been honored as a "Famous Trademark of China". Founded in 2001, Yonghui Supermarket is located in Fuzhou City, Fujian Province. Yonghui is one of the first companies in China to introduce fresh agricultural products into modern supermarkets. Yonghui Supermarket Co., Ltd. is a supermarket model that combines community chain stores, specialty stores, and supermarkets as its core business, supplemented by convenience store franchising, and combines food processing and modern agriculture. This case takes Yonghui Supermarket as the research object to explore the shared finance model of retail enterprises and its effects.