Case study of digital financial transformation -- taking CATL as an example

¹ ACCA, School of Accounting, Nanjing University of Finance & Economics, Nanjing, 210023, China
² Mathematics, Leicester International Institute, Dalian University of Technology, Panjin, 124221, China

^* Corresponding author: yhy@mail.dlut.edu.cn

Abstract

As the scale of China’s digital economy continues to expand, some large manufacturing enterprises have embarked on digital transformation and achieved initial results. However, the costs and benefits of transformation still need to be explored. To address this issue, this paper first introduces the background of the study, the current status of the development of digital economy and the concept of digital financial transformation, then briefly analyzes the ERP technology, and takes Contemporary CATL Co. Limited as an example to analyze the transformation performance in terms of decision-making ability, risk management ability, etc., and analyzes the benefits of transformation in terms of profitability and capital turnover, etc. according to the transformation of the actual challenges faced by the company, and puts forward suggestions. Finally, we conclude that digital financial transformation plays a positive role in promoting CATL.