Project background:

The power construction industry is an important pillar of the national economy, involving many fields and industries, and has an important impact on social development and people's livelihood. With the deepening of the power market reform, the power construction industry is facing fierce competition and complex risks, credit reporting business has become an important means for power construction enterprises to obtain market information, evaluate partners, prevent credit risk and improve the level of credit management.

Customer pain points:

A large power construction group company (hereinafter referred to as the client company) has undertaken a number of domestic and foreign power engineering projects in recent years, involving power generation, transmission and distribution, new energy and other fields. During the implementation of the project, the customer company encountered the following problems:

It is difficult to assess the impact of political, economic, legal, environmental and other factors in the project area on the project, resulting in insufficient pre-control of project risks, which may result in project delays, losses or disputes;

The credit status of multiple participants involved in the project (such as power generation enterprises, power grid enterprises, suppliers, contractors, financial institutions, etc.) is not transparent, resulting in a high risk of cooperation, which may lead to default, fraud or quality problems;

The customer company's own credit management system is not perfect, resulting in the collection, collation, research and application of credit information is not standardized and efficient, affecting the customer company's credit image and market competitiveness.

Project purpose:

In July 2023, the client company commissioned Sunp Consulting (hereinafter referred to as Sunp) to complete the credit reporting business project, which aims to provide the client company with the following values through professional credit reporting services:

Comprehensively understand the impact of political, economic, legal, environmental and other factors on the project in the area where the project is located, and provide a basis for the client company to formulate reasonable project strategies and risk response measures;

In-depth research on the credit status of multiple participants involved in the project, providing reference for the client company to select partners, sign contracts and supervise performance;

Help the customer company to improve its own credit management system, improve the credit information management level and credit image of the customer company, and enhance the market competitiveness of the customer company.

Research object:

The research objects of this project include the following categories:

Public information sources such as government departments, industry associations and media organizations in the project area;

Multiple participants involved in the project (e. g. power generation enterprises, power grid enterprises, suppliers, contractors, financial institutions, etc.) and their related personnel;

Client companies and their related personnel.

According to the scale and complexity of the project, the number of research objects is expected to be 100-150.

Project Content:

This project mainly includes the following aspects:

Investigation report on the political, economic and legal environment of the project area: by collecting and investigating the information on the political stability, economic development level, legal system perfection and environmental protection status of the project area, evaluate the impact and risks of these factors on the implementation of the project, and put forward corresponding suggestions and countermeasures.

Project participant credit report: Assess the credit status and credit risk of the project participant by collecting and investigating the registration information, equity structure, financial status, credit history, performance evaluation, social reputation and other information of the project participant, and put forward corresponding suggestions and countermeasures.

Customer company credit management system evaluation report: by collecting and investigating the customer company's credit management system, credit information management process, credit information application effect and other aspects of information, evaluate the customer company's credit management level and credit image, and put forward corresponding suggestions and countermeasures.

Project Value:

The project provides the following values to client companies through professional credit reporting services:

Enhance the scientific nature and effectiveness of project decision-making, reduce project risk and improve project benefits;

Optimize the project cooperation relationship, ensure the smooth implementation of the project, improve the quality of the project;

Improve the customer company's credit management level and credit image, enhance the customer company's market competitiveness.