电力企业供应链金融创新助力营商环境优化的实践与思考

Practices and Implications of Supply Chain Finance Innovation in Power Enterprises to Help Business Environment Improvement

摘要: 电力企业作为电力物资供应链中的核心企业，在维持供应链稳定性方面承担重要职能。针对供应商长期面临保证金资金占压及融资可及性不足等问题，以履约保证金保险、结清款保证保险为代表的供应链金融创新应运而生。本文立足现实，结合相关法律法规与政策导向，分析电力企业推行此类举措的内在逻辑与实践成效，探讨在合规框架下通过“以保代押”释放沉淀资金、助力优化营商环境的路径，并提出深化信用体系建设、完善监管协同的对策建议。研究表明，“以保代押”模式的核心机制在于核心企业由“信用占用”向“信用赋能”的功能转型，其成功实施有赖于法治化制度环境与数字化基础设施的协同支撑。

Abstract: Power enterprises, as core entities in the power material supply chain, are responsible for maintaining supply chain stability. To address suppliers’ long-standing issues of capital tied up in performance bonds and limited access to financing, innovative supply chain finance tools such as performance bond insurance and final payment guarantee insurance have been developed. This paper examines the rationale and effectiveness of these measures in the context of relevant regulations and policies, explores how the “insurance-in-lieu-of-deposit” approach can release frozen capital and improve the business environment, and offers recommendations for enhancing credit systems and regulatory coordination. The study reveals that the core of this model is the shift of core enterprises from “credit utilization” to “credit empowerment”, which requires both a sound legal framework and robust digital infrastructure.