1, high debt ratio, insufficient repayment sources and high repayment risk;

2. Low efficiency of investment projects and unclear repayment subjects lead to project risks;

3. The corporate governance structure is not perfect, and there is a risk of illegal operation;

4. Poor supervision over the flow of loan funds may easily lead to the security risk of credit funds.

5, the operation risk of construction management

6, capital project management risk

7 the risk of government intervention.

8. Investment risk

9. Risk of blocked financing channels

10, information asymmetry and excessive credit lead to liquidity risk of commercial banks.

With the completion of the historical mission of government platform companies as the main body of local government investment and financing, local government financing platform companies will resolve risks and accelerate the market-oriented transformation of these platform companies.

Tens of thousands of state-owned enterprises rely on the government, which is an important part of the current state-owned enterprise reform.

Informatization development: Party and government investment and financing platform refers to enterprises established by local governments at all levels with financing as their main business purpose, including different types of legal entities such as urban construction investment and urban construction development. Urban construction assets companies mainly use operating income, public facilities fees and financial funds as repayment sources.

Government financing platforms are divided into the following categories:

1. is a single financing platform, which is responsible for financing, fund allocation and debt service of public welfare and basic projects, and does not participate in project construction and operation, such as Hefei Construction Investment Holding (Group) Co., Ltd.;

2 is a public welfare investment and financing platform, responsible for the financing, construction, operation and debt service of public welfare projects;

3. It is a business investment and financing platform, which is responsible for the financing, construction, operation and debt service of basic projects, and can carry out other business project investment and financial investment;

4. It is a comprehensive investment and financing platform with the characteristics of public welfare and operation platform, such as Jilin Investment (Group) Co., Ltd.;

5. It is a "re-loan" platform, which is responsible for transferring loans to the government and does not assume repayment responsibilities, such as Anhui Credit Guarantee Group. The government financing platform focuses on investing funds in municipal construction, public utilities and other projects. However, at present, there is no unified statistical basis for the definition of government financing platform in auditing, finance and banking supervision systems. In practice, according to its own situation, banks decided to identify some loans from municipal administration, industrial parks and land reserve platforms as government financing platform loans, and some loans from major investors such as transportation and railways as government financing platform loans.